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Lucero (Shila Mine)

Project of Element79 Gold Corp. (ELEM)

Lucero (Shila Mine) as reported in Element79 Gold Corp.’s news releases, read by Mining News Terminal. Each row links to its release.

Resource estimates

DateCategoryEstimateType
2022-03-10Inferred1.56 Mt @ 8.4 g/t AuEq—

Exploration programs

DateProgramSizeMethod and metal
2024-05-30ground, completed—gold
2024-04-23ground, completed—gold, silver
2024-04-23drilling, planned—gold, silver
2024-03-26ground, completed—gold, silver
2024-02-13ground, completed—gold, silver
2024-02-13drilling, planned—gold, silver
2024-02-06ground, completed—gold, silver
2023-12-22drilling, planned—gold
2023-04-27ground, completed—gold, silver

Permits

DatePermitStatusAuthority
2025-06-30Surface rights agreementsgranted—
2023-09-12Exploration Permitgranted—

Land deals

DateDealStatusInterestArea
2026-06-12property saleproposed—10,813 ha
2023-06-27property purchasesigned100%1,200 ha

Sampling

DateSampleBest result
2024-02-13chip, rock2.6 oz/t Au
2024-02-06channel, rock10.5 oz/t Au
2024-02-06chip, rock10.5 oz/t Au
2023-02-15grab, rock7.7 g/t Au

News timeline

DateHeadline
2026-06-12Element79 Gold Announces Binding MOU for Sale of Lucero Project Vancouver, British Columbia – June 12, 2026
2025-06-30Element79 Gold Corp. Provides Corporate Guidance and Strategic Update for Remainder of 2025
2024-05-30Element79 Gold to Provide Summary and Update on Active Exploratioon Program, Community Relations at RMEC on June 4
2024-04-23Element79 Gold Corp Reports Additional Assay Results Reinforcing Lucero Project's Momentum
2024-03-26Element79 Gold Corp – Extensive Channel Sampling and Mapping Reveal Promising Exploration Horizons on Lucero Property
2024-02-13Element79 Gold Reports Additional High-Grade Results from Pillune, Sando Alcalde regions of Lucero Project
2024-02-06Element79 Gold Reports Multiple High Grade Results from Pillune Area, Lucero Project, Arequipa, Peru
2023-12-22Element 79 Gold Reports Progress on Lucero Property Work and Community Engagement
2023-09-12Element79 Gold Corp Receives Exploration Permit for Lucero Project from Chachas Community
2023-06-27Element 79 Gold Corp Strengthens Position in Peru, Acquiring Roxana Vein at Auction, Adjacent to the High-Grade Lucero Gold-Silver Project
2023-04-27Element79 Gold Reports High Grade Results from Lucero Gold - Silver Project, Arequipa, Peru
2023-02-15Element 79 Gold Corp Reports Assay Results up to 7.7 g/t Gold and 916 g/t Silver from High Grade Lucero Project, Peru
2022-03-10Element79 Gold to Acquire High-Grade Peruvian Gold Portfolio

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