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Maverick Springs Project

Project of Element79 Gold Corp. (ELEM)

Maverick Springs Project as reported in Element79 Gold Corp.’s news releases, read by Mining News Terminal. Each row links to its release.

Resource estimates

DateCategoryEstimateType
2022-10-20Inferred125.42 Mt @ 43.5 g/t Ag, 0.34 g/t Au, 68.9 g/t AgEq, 0.92 g/t AuEq for 175.70 Moz Ag, 1.37 Moz Au, 278.00 Moz AgEq, 3.71 Moz AuEqRestated
2022-02-07Inferred125.42 Mt @ 43.5 g/t Ag, 0.34 g/t Au, 68.9 g/t AgEq, 0.92 g/t AuEq for 175.70 Moz Ag, 1.37 Moz Au, 278.00 Moz AgEq, 3.71 Moz AuEqRestated
2022-01-31Inferred125.42 Mt @ 43.5 g/t Ag, 0.34 g/t Au, 68.9 g/t AgEq, 0.92 g/t AuEq for 175.70 Moz Ag, 1.37 Moz Au, 278.00 Moz AgEq, 3.71 Moz AuEqUpdate

Economic studies

DateStudyAfter-tax NPVIRR
2022-07-07base case$1.40B—

Exploration programs

DateProgramSizeMethod and metal
2022-02-07drilling, completed195 holes—
2022-01-31drilling, completed195 holes—
2021-12-23drilling, completed195 holes—
2021-12-17drilling, completed195 holes—
2021-10-04drilling, completed195 holes—

Land deals

DateDealStatusInterestArea
2024-05-08option insigned——
2024-03-18option inamended——
2024-01-17option inamended——
2023-08-31option outsigned——

Debt

DateTypeAmountLender
2024-05-08loanCAD $2.2M—

NI 43-101 technical reports

DateReportAuthor
2022-10-20resource, filed—
2022-02-07resource, filedSGS Canada
2022-01-12commissionedSGS Canada; Axiom Exploration Group

News timeline

DateHeadline
2024-05-08Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement
2024-03-18Element79 Gold Corp Announces Update to Binding Option Agreement for Maverick Springs Silver Project
2024-01-17Element79 Gold Provides Update on Maverick Springs Project Option Agreement
2023-08-31Element 79 Gold Signs Option Agreement for Sale of Maverick Springs Project
2022-10-20Element79 Gold Announces Re-Filing of Amended Maverick Springs 43-101 Technical Report
2022-07-07Element79 Gold Appoints Shane Williams to Board of Directors
2022-02-07Element79 Gold Files NI 43-101 Technical Report on the Maverick Springs Project
2022-01-31Element79 Gold Reports Updated NI 43-101 Compliant Resource on the Maverick Springs Project
2022-01-12Element79 Gold Increases Capital Position, Stakes Additional Claims
2021-12-23Element79 Gold Completes Acquisition of Nevada Gold Portfolio
2021-12-17Element79 Gold Announces Significant Progress in Acquisition of Gold Portfolio in Nevada
2021-10-04Element79 Gold Announces Execution of Agreements for Acquisition of Significant Gold Portfolio in Nevada

Other projects of Element79 Gold Corp.

Element79 Gold Corp. properties

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