Element 29 Resources (ECU.V) has closed its previously announced C$12M placement with net proceeds of approximately C$11.5M. This no-warrant placement was conducted at C$1.65 per share, and 7.27M new shares […]
Tag: #Element29Resources
Element29 Resources deepens ELID035, encounters longest mineralized interval to date
Element 29 Resources (ECU.V) has been relatively quiet in the past few months as it of course takes a while to drill deep holes on its flagship Elida copper-molybenum-silver project […]
Element 29 Reources closes C$35.4M placement
Element 29 Resources (ECU.V) has closed its previously announced financing, issuing 32.25M shares at C$1.10 per share for total gross proceeds of C$35.5M, and net proceeds of approximately C$34.8M after […]
Element 29 Resources extends Elida mineralization by 400 meters beyond current open pit, plans to raise over C$35M
Element 29 Resources (ECU.V) has released the assay results from hole ELID041, which continued to return long intervals of copper-molybdenum-silver mineralization. This was a deep hole, and it returned just […]
Element 29 Resources receives DIA Environmental Certification for Paka
Element 29 Resources (ECU.V) has received the environmental certification under a Declaracion de Impacto Ambiental from the relevant Peruvian ministry. That’s an important step for the company as it is […]
Element 29 Resources drills almost 1.5 kilometers (!) at 0.58% copper-equivalent
We had to wait for quite a while for Element 29 Resources (ECU.V) to release assay results from its Elida drill program, but patience was rewarded as the recently released […]
Element 29 Resources secures DIA Environmental Certification
Element 29 Resources (ECU.V) announced last week the company has received environmental certification under a Declaracion de Impacto Ambiental from the relevant authorities, which will now allow the company to […]
Cashed-up Element 29 Resources adds third rig to Elida drill program
Element 29 Resources (ECU.V) has announced a third drill rig has been dispatched to its flagship Elida copper-molybdenum-silver project in Peru. This will significantly accelerate this year’s exploration program, which […]
