Nevada Gold Exploration Project: 2-Year Drilling Permit Extension Announced

Element79 Gold Corp secured a 2-year drilling permit extension for its Gold Mountain Project in Nevada's Battle Mountain Mining District. The approval enables the company to advance systematic exploration across 34 mining claims covering 284 hectares of high-grade mineralization targets through September 2027.

-- Element79 Gold Corp has received approval from authorities to extend drilling operations at its Gold Mountain Project in Lander County's Battle Mountain Mining District for an additional 2 years. The Vancouver-based precious metals mining company now holds regulatory authorization to conduct exploration activities at the Nevada site until 2027.

More information is available at https://www.element79.gold/

The property contains 34 unpatented lode mining claims covering approximately 284 hectares, hosting both high-grade structurally controlled mineralization and porphyry-style mineralization.

The site centers on the Eocene-aged Gold Mountain stock, where 2 major fault structures—1 trending east-west and another trending north-northeast—likely intersect near the intruded pluton. Historical operators, including Oro Nevada, Gold Ventures Inc., and Placer Dome, identified significant mineral intercepts, with notable results of 10.67 meters at 0.99 grams per ton gold.

Recent technical activities included detailed geological mapping and the collection of 116 rock samples to support drill target identification and permit applications. The Bureau of Land Management approved the company's Notice of Intent for drilling activities, establishing the regulatory foundation for the extended exploration program.

"Securing this two-year permit extension is a crucial step in ensuring continuity of our exploration strategy at Gold Mountain," said Michael Smith, CEO of Element79 Gold. "We are now positioned to execute on our drill programs and advance the project in one of the world's most productive regions."

The Gold Mountain property features geological characteristics similar to nearby deposits, including the Copper Queen, which produced 28 million pounds of copper. Element79 maintains complete ownership of the Gold Mountain Project Long Peak, and trades under the symbols CSE: ELEM, FSE:7YS0, and OTC: ELMGF.

About Element79 Gold Corp

Element79 Gold Corp mines precious metals projects in Nevada, USA, and Arequipa, Peru, with a focus on gold, silver, and associated metals. The company controls 230 mining claims across 4,458 acres in Nevada, adjacent to major regional mining operations and established infrastructure.

Property owners and investors interested in Element79's exploration programs can visit https://www.element79.gold/ for additional project information and corporate updates.

Contact Info:
Name: Michael Smith
Email: Send Email
Organization: Element79 Gold Corp.
Address: 1100-1111 Melville St., Vancouver, British Columbia V6E 3V6, Canada
Website: https://www.element79.gold

Source: PressCable

Release ID: 89173830

Should there be any problems, inaccuracies, or doubts arising from the content provided in this press release that require attention or if a press release needs to be taken down, we urge you to notify us immediately by contacting error@releasecontact.com (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our efficient team will promptly address your concerns within 8 hours, taking necessary steps to rectify identified issues or assist with the removal process. Providing accurate and dependable information is central to our commitment.

More News

View More

Recent Quotes

View More
Symbol Price Change (%)
AMZN  229.25
+0.00 (0.00%)
AAPL  269.00
+0.00 (0.00%)
AMD  258.01
+0.00 (0.00%)
BAC  52.87
+0.00 (0.00%)
GOOG  268.43
+0.00 (0.00%)
META  751.44
+0.00 (0.00%)
MSFT  542.07
+0.00 (0.00%)
NVDA  201.03
+0.00 (0.00%)
ORCL  280.83
+0.00 (0.00%)
TSLA  460.55
+0.00 (0.00%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.