Element79 Gold Corp
Element79 Gold Corp is a publicly listed junior precious-metals mining company (CSE: ELEM) advancing the past-producing Lucero gold-silver mine in Arequipa, Peru toward production restart, alongside four Nevada exploration-stage properties in the Battle Mountain, Eureka, and Midas districts.
- Company typePublic
- Founded2020
- HeadquartersVancouver, Canada
- Headcount1–10
- GTM typeB2B
- OfferingHardware or Manufacturing
What Element79 Gold Corp does
Element79 Gold Corp is a publicly listed junior precious-metals mining company (CSE: ELEM, OTC: ELMGF, FSE: 7YS0) headquartered in Vancouver, British Columbia, with a portfolio of one flagship past-producing asset and four exploration-stage properties across Peru and Nevada. The company's primary asset is the Lucero Mine (formerly the Shila mine) in the Chila mountain range of Arequipa, Peru, spanning 10,805 hectares with 74 at-surface veins, an estimated 1.3 million metric tonnes of dry-stacked tailings grading 1.5 g/t AuEq, and an existing 350 tonnes-per-day ore extraction permit. Historically between 1998 and 2005, Lucero produced an annual average of approximately 20,000 ounces of gold and 435,000 ounces of silver at grades of 14.7 g/t Au and 450 g/t Ag with recoveries of 94.5% Au and 85.5% Ag; the company is working to restart production under a transition from an acquisition-develop-sell model to a cash-flow-generating producer. Element79's revenue mechanics, once operational, will be driven by commodity-linked gold and silver sales, supplemented by toll milling of an estimated 400–500 tons per month from local artisanal miners and tailings reprocessing via a planned 350 tpd plant. Its Nevada portfolio comprises Elephant, Gold Mountain, West Whistler, and Clover, totaling 230+ claims across roughly 4,458 acres in the Battle Mountain, Eureka, and Midas mining districts.
The company's go-to-market is sales- and investor-relations-led rather than product-led: capital is raised through non-brokered private placements (a $250,000 placement launched in July 2024 with a first tranche closed in November 2024), with shareholder communications delivered via SEDAR filings, corporate presentations, and listings on three exchanges. The customer base, once production restarts, will be commodity buyers (gold/silver into global spot markets) and local artisanal miners for toll services; pricing is fully spot-market-driven with no published price lists. The company is pre-revenue at present, with a 1–10 employee base and capital deployment concentrated on exploration, mineral lease fees, community relations in Peru, and advancing Nevada drill programs.
Element79 Gold Corp firmographics
Firmographics- Name
- Element79 Gold Corp
- Legal name
- Element79 Gold Corp.
- Website
- https://element79.gold
- Company type
- Public
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Element79 Gold Corp is a publicly listed junior precious-metals mining company (CSE: ELEM) advancing the past-producing Lucero gold-silver mine in Arequipa, Peru toward production restart, alongside four Nevada exploration-stage properties in the Battle Mountain, Eureka, and Midas districts.
- Ownership category
- akta.pro rank
Element79 Gold Corp industry classification
Industry- Product category
- Precious Metals Mining
- NAICS
- Gold Ore and Silver Ore Mining (212220), Gold Ore and Silver Ore Mining (21222)
- SIC
- Gold And Silver Ores (1040), Metal Mining (1000)
- akta.pro primary industry
- Gold Mining (IMAKAEAA)
- akta.pro secondary industries
- Precious Metals Ore Processing & Beneficiation (IMAKAEAD), Copper By-Products Recovery (Molybdenum, Gold/Silver, Sulfuric Acid) (IMAKADAH)
Keywords
Where Element79 Gold Corp is headquartered
LocationHeadquarters
- HQ city
- Vancouver
- HQ country
- Canada
- HQ region
- North America
Markets served
Element79 Gold Corp business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Personnel, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales, Others
Revenue model
- Gold and silver mining production (Lucero): Planned restart of past-producing Lucero mine in Arequipa, Peru, permitted for 350 tpd of ore extraction, with prior production averaging ~20,000 oz Au and 435,000 oz Ag per year at grades of 14.7 g/t Au and 450 g/t Ag.
- Toll milling for local artisanal miners: Toll processing services for local artisanal miners producing an estimated 400-500 tons of ore per month, providing immediate processing-fee revenue.
- Tailings reprocessing: Reprocessing of 1.3MMT of dry-stacked tailings at 1.5 g/t AuEq to generate a 43-101 mineral resource estimate and PEA, funded via a planned 350 tpd plant build.
Go-to-market motion1 record
Element79 Gold Corp product offering
Product offeringCore offering
Element79 Gold Corp is a precious metals mining company that explores, develops, and plans to produce high-grade gold and silver from its flagship Lucero Mine in Arequipa, Peru (permitted for 350 tonnes per day of ore extraction) and four exploration-stage mineral properties in Nevada, USA. The company generates revenue through planned gold and silver ore extraction, toll milling services for local artisanal miners processing an estimated 400-500 tons of ore per month, and future tailings reprocessing of 1.3MMT at 1.5 g/t AuEq.
Product overview
Element79 Gold Corp is a precious metals mining company (not a software/technology product company) whose portfolio is organized around one flagship production-restart project and four exploration-stage properties. The unified offering is the Lucero Mine (Arequipa, Peru), a past-producing high-grade gold and silver mine being brought back into production under a 350 tpd permit. This flagship is complemented by a portfolio of exploration-stage mineral properties in Nevada, USA — Elephant, Gold Mountain, West Whistler, and Clover — all located in tier-1 mining districts (Battle Mountain Trend, Eureka Mining District, and Midas Mining District / Getchell Trend). Together, these five named projects form the company's asset base across Peru and Nevada.
Differentiator
Problem solved
Functional benefit
Products and services
- Lucero Mine (Arequipa, Peru) Flagship past-producing high-grade gold and silver mine located in the Chila mountain range of Southern Peru, spanning 10,805 hectares with 74 at-surface veins and a high-sulphidation target. Permitted for 350 tpd of ore extraction; historically produced an average of ~20,000 oz/yr gold and ~435,000 oz/yr silver (1998-2005) at grades of 14.7 g/t Au and 450 g/t Ag. Element79 plans to restart production and extract ore for direct sale.
- Elephant Property (Nevada, USA) Exploration-stage property comprising 196 claims of approximately 3,758 acres in the Battle Mountain mining district of Nevada. Located near historically significant mines including Fortitude and Copper Canyon, with Cu, Au, and Ag geochemistry targets identified across the project.
- Gold Mountain (Nevada, USA) Exploration-stage property in the Battle Mountain mining district of Lander County, Nevada, comprising 34 unpatented lode mining claims spanning approximately 284 hectares. Features high-grade structurally controlled Au-Ag-Pb mineralization and porphyry-style mineralization, with a Notice of Intent for drilling approved by the BLM.
- West Whistler Property (Nevada, USA) Exploration-stage property in the Eureka Mining District of Nevada, comprising 103 unpatented claims covering 2,057 acres along the southeastern end of the Battle Mountain Trend. Near the Cortez Mine; historical geochemical sampling and 6 RC drill holes indicate classic Carlin-style geological setting.
- Clover Property (Nevada, USA) 100%-owned exploration property in the Midas Mining District, Elko County, Nevada, comprising 169 unpatented claims over 3,063 acres. Situated on the Getchell Trend, targeting low-sulphidation, vein-hosted, epithermal gold deposits similar to the nearby Midas Mine. Notable historical drill intercepts include 9.7 m at 25.3 g/t gold.
- Toll Milling Services for Artisanal Miners (Peru) Toll processing service offered by Element79 to local artisanal miners in the Arequipa region of Peru, providing ore processing capacity for an estimated 400-500 tons of ore per month. The service generates processing-fee revenue and supports community relationships at the Lucero Mine site.
Companies that use Element79 Gold Corp
Customer profileIdeal customer profiles3 records
Element79 Gold Corp technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Element79 Gold Corp partnerships and signals
Strategic signalRecent moves6 records
Expansion highlights5 records
Element79 Gold Corp competitors and assessment
Company assessmentMarket position
Competitive moat3 records
Key highlights5 records
Customer concentration
Element79 Gold Corp social profiles
Digital presenceElement79 Gold Corp financial estimates
Financial estimateRevenue estimate
Valuation estimate
Element79 Gold Corp leadership team
Management profileNumber of profiles
Profiles11 records
Element79 Gold Corp funding detail
Funding detailFunding overview
Funding rounds2 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Element79 Gold Corp M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Element79 Gold Corp
What does Element79 Gold Corp do?
Element79 Gold Corp is a precious metals mining company that explores, develops, and plans to produce high-grade gold and silver from its flagship Lucero Mine in Arequipa, Peru (permitted for 350 tonnes per day of ore extraction) and four exploration-stage mineral properties in Nevada, USA. The company generates revenue through planned gold and silver ore extraction, toll milling services for local artisanal miners processing an estimated 400-500 tons of ore per month, and future tailings reprocessing of 1.3MMT at 1.5 g/t AuEq.
Is Element79 Gold Corp a public or private company?
Element79 Gold Corp is a public company. It is classified as public and is currently operating.
When was Element79 Gold Corp founded?
Element79 Gold Corp was founded in 2020. It employs 1 to 10 people.
Where is Element79 Gold Corp based?
Element79 Gold Corp is headquartered in Vancouver, Canada, in the North America region.
How does Element79 Gold Corp make money?
Three revenue lines are on record. Gold and silver mining production (Lucero) is the primary driver. The others are toll milling for local artisanal miners and tailings reprocessing.
Does Element79 Gold Corp have an API?
No public API is recorded for Element79 Gold Corp.
What industry is Element79 Gold Corp in?
Element79 Gold Corp's product category is Precious Metals Mining. Its primary akta.pro industry code is IMAKAEAA, Gold Mining, with a secondary code of IMAKAEAD, Precious Metals Ore Processing & Beneficiation. Its NAICS code is 212220 and its SIC code is 1040.