Element79 Gold Corp Secures Two-Year Drilling Permit Extension for Nevada Gold Mountain Project

Element79 Gold Corp has secured a two-year extension of its drilling permit for the 100%-owned Gold Mountain Project, located along the Battle Mountain trend in Nevada. The permit extension ensures continuity of the company's exploration strategy, allowing for planned drill programs over the next two years to advance the project toward resource development.

The Gold Mountain Project represents a cornerstone of Element79's Nevada portfolio, with historical work and technical studies identifying multiple drill-ready targets. The project is considered to have significant gold mineralization potential, with favorable geology consistent with major deposits in the region. The company recently obtained a NI 43-101 technical report, compiling historic data, which was completed and filed on September 3, 2025.

Michael Smith, CEO of Element79 Gold, stated that securing the permit extension is a crucial step for executing drill programs and building long-term value for shareholders. The company intends to commence drilling activities under the extended permit to further delineate targets and unlock additional value in the project.

The Battle Mountain trend is recognized as one of the world's most productive gold jurisdictions, making the permit extension significant for regional mining development. Element79's continued exploration activities at Gold Mountain contribute to the broader understanding of mineral potential in this important mining district. Technical information for the project has been reviewed and approved by qualified person Kim Kirkland, Chief Operating Officer of Element79 Gold Corp.

For additional information about the company's projects and activities, visit https://www.element79.gold. The original press release detailing this announcement can be found at https://www.newmediawire.com.