Report Highlights:
- Inflation is a real risk — but Element79 Gold (CSE:ELEMCSE:ELEM) benefits in a big way due to its growing portfolio of assets in the world’s top gold mining region. The stock is significantly undervalued compared to peers.
- Recent recruitment of senior management from Barrick Gold, Freeport-McMoRan, Eldorado Gold and Skeena Resources(ran from $1 to $15+)is a reliable leading-indicator of project potential.
- Institutional buyers and massive insider ownership has limited the public float in Element79 Gold (CSE:ELEMCSE:ELEM) and demand continues to chase limited supply. What happens when there are no more shares?
- Exponential upside across 17+ properties. Investors should watch closely as drilling commences at Element79 Gold (CSE:ELEMCSE:ELEM) as similar companies have seen +2,390% monster runs.
Important Trading Note
It’s rare to find an investment opportunity with early entry timing, but we believe we have done just that with Element79 Gold (CSE:ELEMCSE:ELEM). In our past profiles, readers who invested early saw the biggest returns.
That’s why it’s important investors act quickly here.
If you’re looking to get shares in early stages, it’s best to place an order before the market opens. Early returns can be extremely meaningful as they compound throughout the investment lifecycle.
Take a moment to read the full report for yourself and we’re certain you’ll agree:
Element79 Gold is setting up to be the breakout stock of the year.
Government Created The Problem
An incomprehensible amount of money has been minted in the last few months. Trillions upon trillions of new dollars have been injected into the system.1,2
Governments around the world are spending future tax revenues in unprecedented ways — it is now politically expedient to print money to solve problems.
And only the smartest investors seem to be paying attention:
Legendary investors like Dr. Michael Burry (the man who predicted the sub-prime mortgage crisis), Ray Dalio, Paul Tudor Jones, and Elon Musk are sounding the alarm on inflation.4,5
The ‘Must-Own’ Company of The Year
That’s why our #1 stock to own in 2022 is Element79 Gold (CSE:ELEMCSE:ELEM), a junior miner sitting atop one of the largest land packages in Nevada18 smack dab in the middle of the largest gold complex in the world.19
Make sure you’re subscribedsubscribed to our update list, because this company is moving fast.
In today’s market, it’s more important than ever to have a firm foundation of solid research. That’s why when we conducted our due diligence…
…and discovered senior management hailing from Barrick Gold, Freeport-McMoRan, Eldorado Gold, and Skeena Resources…
…including assets surrounded by some of the biggest gold mines in the world…
A Buyout in the Making? 3 Factors Driving Monumental Buyout Potential
1. Acquisition Track Record
The very same companies surrounding Element79 Gold (CSE:ELEMCSE:ELEM) have a proven track record in taking over junior mining projects and bringing them into full production, often times acquiring projects and companies for hundreds of millions, and even billions of dollars.
A growing list of buyouts from nearby majors:
- $10 BILLION Merger (Newmont buys Goldcorp)63
- $7.1 BILLION Buyout (Kinross buys Red Back)60
- $1.07 BILLION Takeover (Pan American Silver acquires Tahoe)61
- $608M Acquisition (Iamgold takes over Trelawney)99
- $526M Buyout (Goldcorp buys Probe Mines)122
- $500M Valuation (Nevada Gold buys 10% of neighbor)62
- $456M All-Cash Transaction (Newmont acquires GT Gold)123
…is Element79 Gold (CSE:ELEMCSE:ELEM) the next major buyout target?
2. Fundamental Pressure for Gold Takeovers
The need to replace gold reserves means the M&A market will be a seller’s market this year, according to Bank of America’s analysts, and they see junior and intermediate producers as potential acquisition targets for larger producers struggling to make up their reserves.56
Gold Is Gearing Up for a Sustained Rally, Goldman Says.64
Goldman Sachs’ latest research note forecast gold at USD $2,000/oz in 3, 6, and 12-month horizons.65
3. Extremely Limited Share Supply
Very tightly held capital structure at only ~53M shares outstanding97 with company insiders holding significant long-term positions,97 demonstrating the confidence insiders have in the long-term upside at Element79 Gold (CSE:ELEMCSE:ELEM).
Make sure you subscribesubscribe to investors updates to stay up to date on any major changes to the industry outlook, gold projections, flash alerts on breaking news and more.
Gold Is Gearing Up for a Sustained Rally, Goldman Says.64
Goldman Sachs’ latest research note forecast gold at USD $2,000/oz in 3, 6, and 12-month horizons.65
Location, Location, Location
Prime Locations in the World’s Top Mining Destinations
Element79 Gold (CSE:ELEMCSE:ELEM) holds prime locations across three different world-class mining jurisdictions with a staggering 17+ properties. Due to clever strategic negotiation, Element79 Gold (CSE:ELEMCSE:ELEM) has secured high-potential claims in both Canada and the USA that are far larger than any junior miner we have ever seen.
In addition to their initial 1,735 hectare property in Ontario97 and their additional 2,700-hectare property in mineral-rich British Columbia,51 their newest asset includes 18,000 hectares—literally one of the largest land packages in Nevada,79 smack-dab in the middle of the gold region where Barrick and Newmont are operating a joint venture.106
Most exploration companies are lucky to have 2 properties. Element79 Gold (CSE:ELEMCSE:ELEM) has a jaw-dropping 17, which makes it more like a company that’s been around for years. Not only is that simply incredible, it gives them endless opportunities at the bargaining table when the time is right—and monster opportunities for investors alongside the company.
Here’s what’s most stunning: with tremendous assets on the Maverick property in Nevada and only 53 million shares outstanding,97 Element79 Gold (CSE:ELEMCSE:ELEM)’s current share price is a bargain compared to peers.
Lightspeed M&A: Element79 Gold Moves Fast
Any single property can make an entire company’s legacy. But Element79 Gold (CSE:ELEMCSE:ELEM) has, in the short time since its IPO, already initiated the acquisition of no less than 17+ major property packages, including prime acreage in the world famous mining districts of northeastern Nevada. This demonstrates the speed at which management operates.
At this rate, imagine the progress management will make in the coming months ahead. We’ve also already seen a work program announced for their Dale Property88 and a Phase 2 drill program outlined in their 43-10189 (more on that below), which could quickly send shares soaring on surprise drill results—we’ve seen it happen before.
Drill Results Can Net Life-Changing Returns
The year prior, we watched one of the most explosive stories in junior mining unfold. At the beginning, it appeared to be just another junior mining company closing the day at $0.72 on August 21st, 2018.102 But early in the morning the very next day, drill results were announcedshowing several stretches of high-grade gold.82 Just over a year later, that very same stock closed at $9.08 on September 18th, 2019. Today, that stock trades at $13.20 after coming off a 52-week high of $17.93.102
An investor from day 1, before the drill results were announced, turned a modest $40,000 investment into nearly $1 million dollars at the peak. Returns like that can be life-changing and didn’t take a lifetime of saving to realize, it was on the back of positive drill results from the right junior mining company.
Maverick Springs: An Early Gold Strike
Element79 Gold (CSE:ELEMCSE:ELEM)’s latest acquisition, Maverick Springs, is located within the legendary Carlin Trend gold belt92, home of the famed Carlin Mine, the world’s second largest gold mine83 reported a staggering 1.7 million ounces of gold production in 2020.91 In fact, this highly-distinguished gold belt has produced over 90 million ounces of gold to date.90 At present gold prices, that’s in excess of $150 TRILLION dollars worth pulled out of the area.107 It’s clear as day, Element79 Gold’s claims are in the right place.
In fact, just recently news was released revealing millions of gold equivalent in the ground already. Read the full press release here for details.
Battle Mountain: Upside, Upside, Upside
The Battle Mountain portfolio includes 15 highly prospective properties just to the west, with several early-stage drill holes revealing promising intercepts and high-grade finds.
The majority of the Battle Mountain Projects are located within the Battle Mountain Trend (see figure below), with several Projects in close proximity to globally reputable gold deposits including Nevada Gold’s Cortez Mine, the third largest gold mine in North America93 and the sixth largest in the world, which reported 2020 gold production at 799,000 ounces.91
The same belt of deposits also contains the recently discovered Goldrush complex that, as of 2016, carries measured and indicated resources of 25.2 million tonnes grading 10.6 g/t, representing 8.6 million ounces of gold in the ground.94 The area is also home to SSR Mining Inc.’s Marigold Mine, which is expected to produce approximately 2.37 million ounces of gold between 2018 and 2028.95
The northernmost Projects in the Battle Mountain Portfolio, the Golconda and Clover Projects, lie just south of the Getchell Gold Belt, which bridges the northwestern ends of the Carlin and Battle Mountain Trends, and contains Nevada Gold’s Turquoise Ridge Mine, the third largest gold mine in the US with 537,000 oz of gold production reported in 2020.91
The Brock and Stargo Projects are situated on the southern end of the Austin-Lovelock Trend, southwest of Eureka and northeast from Kinross Gold Corporation’s Round Mountain Mine, which placed as the fourth largest gold mine in the US91 and, in November of 2018, poured its 15 millionth ounce of gold since beginning operations in 1978.96
The total list of Projects that comprise the Battle Mountain Portfolio include:
- The Brock Project: 220 Unpatented Claims in Eureka County
- The Clipper Project: 69 Unpatented Claims in Lander County
- The Clover Project: 169 Unpatented Claims in Elko County
- The Elder Creek Project: 6 Unpatented Claims in Lander County
- The Elephant Project: 197 Unpatented Claims in Lander County
- The Golconda Project: 108 Unpatented Claims in Humboldt County
- The Horseshoe Basin Project: 50 Unpatented Claims in Lander County
- The Long Peak Project: 34 Unpatented Claims in Lander County
- The North Battle Mountain Project: 67 Unpatented Claims in Lander County
- The North Mill Creek Project: 23 Unpatented Claims in Lander County
- The Pipeline South Project: 144 Unpatented Claims in Lander County
- The Stargo Project: 337 Unpatented Claims in Nye County
- The Walti Project: 402 Unpatented Claims in Eureka County and Lander County
- The West Cortez Project: 274 Unpatented Claims in Lander County
- The West Whistler Project: 103 Unpatented Claims in Eureka County
The Fraser Institute just ranked this area as the top jurisdiction in the world for investment based on the Investment Attractiveness Index.55
A Gold Iceberg?
The Snowbird High-Grade Gold Project
Located in British Columbia, the Snowbird High-Grade Gold Project is in the heart of a traditionally productive mining area. Centerra Gold’s Mount Milligan, very close to the north, produces copper and silver, and contains 2.4 million ounces of gold in proven and probable reserves.46
And to the south, the Artemis Gold Blackwater Project contains a proven and probable reserves of approximately 8.2 million gold ounces and 60.8 million silver ounces.47
Element79 Gold (CSE:ELEMCSE:ELEM)’s 2,700-hectare claim block includes an entire 4.8-kilometer vein system.120
But here’s the key: At Snowbird, the geology of the vein system is astonishingly similar to several other legendary regions that have produced multi-millions of ounces of gold,51 including the Mother Lode District, California’s legendary 150-mile-long gold belt that helped drive the Gold Rush in the mid-1800s.48
Located in the foothills of the Sierra Nevada Mountains, the Mother Lode includes the most productive and best-known mining districts in California’s gold country.49Other analogous areas include the Bralorne Mine Complex in British Columbia, which produced 4.2 million ounces of gold before closing in 1971,51 and the Timmins Camp in Ontario, which has to date produced more than 70 million ounces.51
The Snowbird High-Grade Gold Project resembles a “junior Mother Lode” in an incredibly important respect: Both are structurally controlled mesothermal deposits. Unlike epithermal deposits (which are shallow), mesothermal deposits can have significant depth extent measured in kilometers.50
Note, however, that Snowbird has only been drilled to a maximum of 400 meters, with the overwhelming majority of the drilling less than 200 meters. 51 If geology is an indicator, there’s plenty of reason to believe veining persists deeper like it does in the Mother Lode, which has been mined as deep as 1.8 kilometers.52
In a depth scenario, the numbers at play could quickly skyrocket, sending shares of Element79 Gold along with it.
Positive Results Send Shares Skyrocketing
When another Canadian junior miner announced positive drill results last year, their shares soared over 500% in a matter of days.80 The key was that the company had drilled deeper than it had before and proved its potential resources extended much further than previously thought.
Speaking of Timmins: The Dale Property
Element79 Gold (CSE:ELEMCSE:ELEM)‘s Dale Property is a highly prospective early-stage gold project located in the Swazye greenstone belt, which is turn is part of the Abitibi Subprovince which hosts some of the world’s largest gold deposits including the Timmins camp which has produced over 70 million ounces of gold.88
The Swazye greenstone belt is best known for hosting IamGold’s Côté Lake deposit which contains 10.2 million ounces Measured and Indicated and 3.8 million ounces Inferred,53 and is located southeast of the Dale Property. The Côté Lake project received a Positive Construction Decision in July 202054 and plans to achieve commercial production in 2023.
Exceptional Access to Infrastructure and Labor
In the mining world, ready-to-go infrastructure means faster progress and lower costs. All of Element79 Gold (CSE:ELEMCSE:ELEM)’s projects offer this advantage.
At Snowbird, historic drill roads make it a cheap place to drill. Whereas industry averages are around CDN$343 per meter drilled in British Columbia105 due to the need for helicopters, Element79 Gold (CSE:ELEMCSE:ELEM)’s costs are expected to be significantly lower due to its proximity to roads.105Using existing roads also means less rehabilitation and environmental liability in terms of site disturbance and cleanup.
The story is very much the same in Element79 Gold (CSE:ELEMCSE:ELEM)’s Nevada properties, which are attractive from an infrastructure perspective, including year-round gravel road access and a long history of pit mining in the surrounding area.98
For Element79 Gold (CSE:ELEMCSE:ELEM)‘s Dale property, access to all sides is gained by a series of logging roads and year-round by air using a float plane with skis or a combination of trucks, boat, all-terrain vehicle or snow machine.89 As a result, exploration work could be carried out year-round, allowing the company to progress faster than it otherwise might be able to.
Finally, because the properties are in mining-friendly areas, Element79 Gold (CSE:ELEMCSE:ELEM) has ample access to talent, from ground-level workers to geologists, engineers, and metallurgists.
The Buyout Scenario
Major Players Seeking New Acquisitions
Most major mining companies focus on their expertise, acquiring and bringing new mines online. They leave the exploration of high potential properties to the junior mining companies.
That’s why Element79 Gold (CSE:ELEMCSE:ELEM)’s proximity to so many majors is such a unique opportunity.
In fact, Barrick Gold has directly stated this in their 2020 annual report, “The Carlin Trend remains a target rich environment. The 2019 program focused on merging massive datasets in support of geological modeling. Drilling was initiated to test highly ranked target concepts as well as establish a geological framework in priority areas lacking drill information. Looking forward, the Carlin Trend will become the most active exploration area in Barrick’s portfolio.“117
On their own map, you can literally see Barrick and Newmont’s land holdings surrounding Element79 Gold (CSE:ELEMCSE:ELEM)‘s Battle Mountain portfolio.
M&A Hungry Neighbors With Deep Pockets
- Barrick Gold ($35B market cap) paid over $2.3B to acquire Homestake84 which held mines in Nevada85
- Newmont Corporation ($45B market cap) acquired Fronteer Gold for more than $2B86
- Nevada Gold Mines is moving quickly to consolidate assets in the area87
With so many majors working alongside you, it’s hard not to be noticed.
Element79 Gold (CSE:ELEMCSE:ELEM) will undoubtedly be watched closely by all those in the surrounding area and positive drill results could quickly drive Element79 Gold to the top of every major producer’s M&A wish-list.
Because we’re so early to the Element79 story we are privy to a very rare opportunity—the beginning of a breakout, as the stock has remained relatively under-followed since the company hit the market.
If history is any indication—as our last profile started quietly and soon picked up momentum—Element79 Gold (CSE:ELEMCSE:ELEM) may quickly become one of the best performing companies on the entire market.
2. Acquisition Track Record
The very same companies circling Element79 Gold (CSE:ELEMCSE:ELEM) have a proven track record in taking over junior mining projects and bringing them into full production, often times acquiring projects and companies for hundreds of millions, and even billions of dollars.
A growing list of buyouts from nearby majors:
- $10 BILLION Merger (Newmont buys Goldcorp)63
- $7.1 BILLION Buyout (Kinross buys Red Back)60
- $1.07 BILLION Takeover (Pan American Silver acquires Tahoe)61
- $608M Acquisition (Iamgold takes over Trelawney)99
- $526M Buyout (Goldcorp buys Probe Mines)122
- $500M Valuation (Nevada Gold buys 10% of neighbor)62
- $456M All-Cash Transaction (Newmont acquires GT Gold)123
…is Element79 Gold (CSE:ELEMCSE:ELEM) the next major buyout target?
3. Analysts Predict Gold Buyout Fever
The need to replace gold reserves means the M&A market will be a seller’s market this year, according to Bank of America’s analysts, and they see junior and intermediate producers as potential acquisition targets for larger producers struggling to make up their reserves.56
5. Location, Location, Location
Home to one of the richest goldfields in the world,51 the Abitibi Subprovince is where Element79 Gold (CSE:ELEMCSE:ELEM) has acquired the Dale Property and on the other coast, secured the Snowbird High-Grade Gold Project with geology that is analogous to the famed Mother Lode District of California.51 The entire area is surrounded by a wealth of success stories and major mining corporations.
6. Over 1.7 Million Reasons
Element79 Gold (CSE:ELEMCSE:ELEM)‘s Maverick Springs Project hosts a historic gold equivalent resource of 1.7 million ounces (indicated) and 1.9 million ounces (inferred) with cutoff grade calculated using circa 2004 values of $327 USD per ounce of gold and $4.77 USD per ounce of silver.98 Element79 Gold is not treating this historic estimate as current mineral resources and a qualified person has not reviewed the work to define the quality of work associated with this historic estimate.
7. Institutional Investors Providing Massive Financing
In September, Element79 Gold (CSE:ELEMCSE:ELEM) secured a major funding commitment from an international institutional investor. The agreement provides for significant purchases of stock at near market prices, at the option of the company, providing a significant and regularly accessible source of non-debt financing.97
9. Insiders Holding Shares Tightly
The number of shares held closely by direct insiders at Element79 Gold (CSE:ELEMCSE:ELEM) speaks volumes to the situation here, with millions of shares directly and indirectly held by its board of directors and senior executive team.97 Given the facts laid out above, it’s no surprise why insiders are holding so much stock in Element79 Gold (CSE:ELEMCSE:ELEM).
10. Growing Momentum and Extremely Limited Share Supply
1 https://ca.rbcwealthmanagement.com/fjwealth/blog/3035167-Money-Never-Sleeps–Can-printing-10-trillion-be-all-pleasure-and-no-pain/
2 https://www.nasdaq.com/articles/money-printing-and-inflation%3A-covid-cryptocurrencies-and-more
3 https://www.investopedia.com/ask/answers/042415/what-impact-does-inflation-have-time-value-money.asp
4 https://markets.businessinsider.com/news/stocks/warren-buffett-elon-musk-michael-burry-jack-dorsey-inflation-warnings-2021-10
5 https://www.cnbc.com/2021/11/30/ray-dalio-says-cash-is-not-a-safe-place-right-now-despite-heightened-market-volatility-.html
6 https://www.nytimes.com/2021/12/14/business/economy/turkey-inflation-economy-lira.html
7 https://twitter.com/leadlagreport/status/1295707920823463938
8 https://www.dailyfx.com/us-dollar-index/what-is-us-dollar-index.html
9 Recent changes by the federal reserve have made “M2” the most reliable measure of money supply.10,11
10 https://www.federalreserve.gov/newsevents/pressreleases/bcreg20200424a.htm
11 https://fredblog.stlouisfed.org/2021/01/whats-behind-the-recent-surge-in-the-m1-money-supply/
12 https://seekingalpha.com/article/4397470-gold-is-undervalued-look-money-supply-u-s-dollar-and-gold-prices
13 https://stansberryresearch.com/articles/gold-miners-are-primed-for-a-triple-digit-rally
14 https://www.nyse.com/quote/index/GDM
15 https://www.bloomberg.com/quote/XAU:CUR
16 https://www.bloomberg.com/quote/GDX:US
17 https://www.bloomberg.com/quote/GDXJ:US
18 https://www.rgj.com/story/money/business/2019/07/16/nevadas-second-biggest-land-sale-yields-new-fernley-industrial-park/1740852001/
19 https://www.barrick.com/English/news/news-details/2019/Barrick-and-Newmont-Forge-Nevada-Joint-Venture-Agreement/default.aspx
20 Renaissance Technologies LLC holds an indirect interest of Element79 Gold’s Snowbird Property via their 13F disclosed shareholding of 335,527 shares of Paramount Gold Nevada Corp. which holds a Net Smelter Return Royalty21
21 https://www.element79.gold/projects/
22 https://www.marketwatch.com/story/this-investment-has-outperformed-warren-buffet-by-200x-over-the-past-30-years-but-good-luck-grabbing-a-piece-of-it-2019-11-19
23 Paulson & Co. holds an indirect interest of Element79 Gold’s Snowbird Property via their 2.68% shareholding of Seabridge Gold which holds ~7.48% of Paramount Gold Nevada Corp. which holds a Net Smelter Return Royalty21
24 https://markets.businessinsider.com/news/stocks/john-paulson-quits-hedge-fund-family-focused-investment-firm-2020-7
25 Newmont Corporation holds an indirect interest of Element79 Gold’s Maverick Springs Property via their 28.8% shareholding of Maverix Metals which holds a Net Smelter Return Royalty27
26 Kinross Gold Corporation holds an indirect interest of Element79 Gold’s Maverick Springs Property via their 8.0% shareholding of Maverix Metals which holds a Net Smelter Return Royalty27
27 Maverix Metals Inc., September 1, 2021, Preliminary Short Form Base Shelf Prospectus https://www.investorx.ca/doc/2109011543295711
28 Gold Fields Limited has indirect upside exposure of Element79 Gold’s Maverick Springs Property via their 4,125,000 warrants held in Maverix Metals which holds a Net Smelter Return Royalty29
29 https://www.scribd.com/document/525577738/Maverix-Metals-SEDI-Summary-Report
30 Pan American Silver Corporation holds an indirect interest of Element79 Gold’s Maverick Springs Property via their 17.8% shareholding of Maverix Metals which holds a Net Smelter Return Royalty27
31 Seabridge Gold Inc. holds an indirect interest of Element79 Gold’s Snowbird Property via their ~7.48% shareholding of Paramount Gold Nevada Corp. which holds a Net Smelter Return Royalty21
32 https://www.mining.com/featured-article/ranked-worlds-10-biggest-gold-mining-companies/
33 https://finance.yahoo.com/news/element79-gold-completes-acquisition-nevada-003500329.html
34 https://fortune.com/2021/10/26/bitcoin-electricity-consumption-carbon-footprin/
35 https://coinmarketcap.com/currencies/pax-gold/
36 https://web.archive.org/web/20200301010350/http://wjw.wuhan.gov.cn/front/web/showDetail/2020011109036
37 https://www.businessinsider.com/modern-monetary-theory-mmt-explained-aoc-2019-3
38 https://seekingalpha.com/article/4371587-new-bull-market-for-precious-metals
39 https://www.fxstreet.com/news/global-stock-of-negative-yielding-bonds-declines-by-3-trillion-202102190107
40 https://www.businessinsider.com/todays-gold-market-looks-a-lot-like-the-crazy-1970s-2016-7
41 https://www.jmbullion.com/investing-guide/james/silver-demand/
42 https://sydneynewstoday.com/liechtenstein-gold-experts-say-they-will-maintain-value-together/209062/
43 https://sprott.com/insights/sprott-gold-report-one-of-the-greatest-bubbles-in-history/
44 https://www.fxstreet.com/news/gold-price-forecast-xau-usd-to-rebound-sharply-towards-2000-goldman-sachs-202107210411
45 https://capital.com/gold-analysis-will-the-metal-hit-new-price-record
46 https://www.centerragold.com/operations/mount-milligan/history
47 https://www.newgold.com/assets/blackwater/default.aspx
48 https://www.sierracollege.edu/ejournals/jsnhb/v2n1/motherlode.html
49 https://www.mindat.org/loc-73787.html
50 https://finance.yahoo.com/news/element79-gold-signs-letter-intent-110000506.html
51 https://finance.yahoo.com/news/element79-gold-signs-letter-intent-110000506.html
52 https://pubs.geoscienceworld.org/books/book/2183/chapter/121939235/The-Geology-of-the-Mother-Lode-Gold-Belt-Foothills
53 https://s2.q4cdn.com/610165863/files/doc_downloads/2021/02/FINAL-2020-AIF-Feb-17-2021.pdf
54 https://www.iamgold.com/English/investors/news-releases/news-releases-details/2020/IAMGOLD-to-Proceed-with-Construction-of-the-Ct-Gold-Project-in-Ontario-Canada/default.aspx
55 https://www.fraserinstitute.org/studies/annual-survey-of-mining-companies-2020
56 https://investorplace.com/2021/01/analysts-predict-a-wave-of-mergers-and-acquisitions-among-gold-mining-in-2021/
57 Maverix Metals Inc., September 1, 2021, Preliminary Short Form Base Shelf Prospectus https://www.investorx.ca/doc/2109011543295711
58 https://www.scribd.com/document/525577738/Maverix-Metals-SEDI-Summary-Report
59 https://www.mining.com/featured-article/ranked-worlds-10-biggest-gold-mining-companies
/
60 https://www.kinross.com/news-and-investors/news-releases/press-release-details/2010/Kinross-and-Red-Back-combination-creates-high-growth-gold-producer-in-US71-billion-friendly-transaction/default.aspx
61 https://www.reuters.com/article/us-tahoe-resources-m-a-pan-amer-silver/pan-american-silver-to-buy-tahoe-resources-for-1-1-billion-idUSKCN1NJ0ZD
62 https://www.barrick.com/English/news/news-details/2021/Nevada-Gold-Mines-to-Consolidate-South-Arturo-Property-in-Exchange-for-Lone-Tree-and-Buffalo-Mountain-Properties/default.aspx
63 https://www.newswire.ca/news-releases/newmont-and-goldcorp-combine-to-create-world-s-leading-gold-company-806405145.html
64 https://www.barrons.com/articles/gold-sustained-rally-goldman-sachs-says-51585086840
65 https://www.kitco.com/news/2021-07-21/Goldman-Sachs-is-looking-for-2K-for-Gold.html
66 Newmont Corporation holds an indirect interest of Element79 Gold’s Maverick Springs Property via their 28.8% shareholding of Maverix Metals which holds a Net Smelter Return Royalty,57
67 Kinross Gold Corporation holds an indirect interest of Element79 Gold’s Maverick Springs Property via their 8.0% shareholding of Maverix Metals which holds a Net Smelter Return Royalty,57
68 Gold Fields Limited has indirect upside exposure of Element79 Gold’s Maverick Springs Property via their 4,125,000 warrants held in Maverix Metals which holds a Net Smelter Return Royalty,58
69 Pan American Silver Corporation holds an indirect interest of Element79 Gold’s Maverick Springs Property via their 17.8% shareholding of Maverix Metals which holds a Net Smelter Return Royalty,57
70 Seabridge Gold Inc. holds an indirect interest of Element79 Gold’s Snowbird Property via their ~7.48% shareholding of Paramount Gold Nevada Corp. which holds a Net Smelter Return Royalty100
71 Renaissance Technologies LLC holds an indirect interest of Element79 Gold’s Snowbird Property via their 13F disclosed shareholding of 335,527 shares of Paramount Gold Nevada Corp. which holds a Net Smelter Return Royalty100
72 Paulson & Co. holds an indirect interest of Element79 Gold’s Snowbird Property via their 2.68% shareholding of Seabridge Gold which holds ~7.48% of Paramount Gold Nevada Corp. which holds a Net Smelter Return Royalty100
73 https://www.marketwatch.com/story/this-investment-has-outperformed-warren-buffet-by-200x-over-the-past-30-years-but-good-luck-grabbing-a-piece-of-it-2019-11-19
74 https://markets.businessinsider.com/news/stocks/john-paulson-quits-hedge-fund-family-focused-investment-firm-2020-7
76 Allied Market Research, https://www.alliedmarketresearch.com/electric-vehicles-battery-market
77 https://fpxnickel.com/wp-content/uploads/2020/09/FPX-PEA-Results-Sep-2020.pdf
78 https://minedocs.com/17/FiresideMinerals_AR_2017.pdf
79 https://www.rgj.com/story/money/business/2019/07/16/nevadas-second-biggest-land-sale-yields-new-fernley-industrial-park/1740852001/
80 https://kodiakcoppercorp.com/site/assets/files/5740/2020-09-03_mpd_gate_high_grade_final-1.pdf
81 https://www.usfunds.com/investor-library/frank-talk-a-ceo-blog-by-frank-holmes/how-gold-miners-can-leverage-the-price-of-gold/
82 https://www.newsfilecorp.com/release/38219/Great-Bear-Announces-HighGrade-Discovery-Drills-16.35-m-of-26.91-gt-Gold-and-7.00-m-of-44.47-gt-Gold-in-Two-Holes-at-Hinge-Zone-Dixie-Project-Red-Lake-District
83 https://abcdust.net/the-top-10-biggest-gold-mines-in-the-world/
84 http://edition.cnn.com/2001/BUSINESS/06/25/barrick.homestake/
85 https://www.nrc.gov/docs/ML0124/ML012410007.pdf
86 https://dealbook.nytimes.com/2011/02/03/newmont-mining-strikes-2-billion-gold-deal/
87 https://www.barrick.com/English/news/news-details/2021/Nevada-Gold-Mines-to-Consolidate-South-Arturo-Property-in-Exchange-for-Lone-Tree-and-Buffalo-Mountain-Properties/default.aspx
88 https://finance.yahoo.com/news/element79-gold-announces-dale-property-110000854.html
89 https://sedar.com/GetFile.do?lang=EN&docClass=24&issuerNo=00050741&issuerType=03&projectNo=03170809&docId=5005735
90 https://minerals.nv.gov/uploadedFiles/mineralsnvgov/content/Programs/Geo/GeoLinks-MI2017.pdf
91 https://www.kitco.com/news/2021-04-05/Top-10-biggest-gold-mines-in-the-United-States-report.html
92 http://www.ssrmining.com/assets/pdfs/MaverickSprings.pdf
93 https://education.kitco.com/precious-metals/largest-gold-mines-north-america-q1-2020
94 https://s25.q4cdn.com/322814910/files/doc_financial/quarterly_results/2015/q4/Barrick-2015-Q4-Year-End-Report.pdf
95 http://s22.q4cdn.com/546540291/files/doc_news/2018/2018-06-18-Updated-Marigold-Life-of-Mine-Plan-FINAL.PDF
96 https://kinrossworld.kinross.com/en/round-mountain-celebrates-15-million-ounces-poured/
97 https://webfiles.thecse.com/Form_2A_-_Listing_Statement_32.pdf?ciFiLHFe4V.kXEaeBfI40G4Jea3RRH8n=
98 https://www.accesswire.com/666642/Element79-Gold-Announces-Execution-of-Agreements-for-Acquisition-of-Significant-Gold-Portfolio-in-Nevada
99 https://www.theglobeandmail.com/globe-investor/iamgold-acquires-trelawney-mining-in-608-million-deal/article4103976/
100 https://www.element79.gold/projects/
101 TMAS ran from $0.35 August 5, 2020 to $2.27 January 15, 2021, a gain of 548%
102 https://finance.yahoo.com/quote/GBR.V/chart?p=GBR.V
103 https://www.globenewswire.com/en/news-release/2020/01/07/1967150/0/en/FPX-Nickel-Achieves-Recoveries-up-to-99-5-in-Production-of-High-Grade-Nickel-Cobalt-Solution-for-the-Electric-Vehicle-Battery-Market.html
104 https://www.businessinsider.com/tesla-partners-adviser-nickel-mine-elon-musk-biggest-concern-2021-3
105 https://www.pdac.ca/docs/default-source/priorities/securities/levelling-the-playing-field—final.pdf
106 https://www.barrick.com/English/news/news-details/2019/Barrick-and-Newmont-Forge-Nevada-Joint-Venture-Agreement/default.aspx
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The Website Host does not own any shares of any profiled Element79 Gold Corp. and has no information concerning share ownership by others of any profiled Element79 Gold Corp. The Website Host cautions readers to beware that third parties, profiled companies, and/or their affiliates may liquidate shares of the profiled companies at any time, including at or near the time you read the articles on this website and this has the potential to hurt share prices. Frequently companies profiled in such articles experience a large increase in volume and share price during the course of investor awareness marketing, which often ends as soon as the investor awareness marketing ceases.
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FORWARD LOOKING INFORMATION
This document contains forward-looking information and forward-looking statements, within the meaning of applicable Canadian securities legislation, (collectively, “forward-looking statements”), which reflect expectations regarding Element79 Gold Corp. future growth, future business plans and opportunities, expected activities, and other statements about future events, results or performance. Wherever possible, words such as “predicts”, “projects”, “targets”, “plans”, “expects”, “does not expect”, “budget”, “scheduled”, “estimates”, “forecasts”, “anticipate” or “does not anticipate”, “believe”, “intend” and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative or grammatical variation thereof or other variations thereof, or comparable terminology have been used to identify forward-looking statements. These forward-looking statements include, among other things, statements relating to: (a) revenue generating potential with respect to Element79 Gold Corp. industry; (b) market opportunity; (c) Element79 Gold Corp. business plans and strategies; (d) services that Element79 Gold Corp. intends to offer; (e) Element79 Gold Corp. milestone projections and targets; (f) Element79 Gold Corp. expectations regarding receipt of approval for regulatory applications; (g) Element79 Gold Corp. intentions to expand into other jurisdictions including the timeline expectations relating to those expansion plans; and (h) Element79 Gold Corp. expectations with regarding its ability to deliver shareholder value. Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, as of the date of this document including, without limitation, assumptions about: (a) the ability to raise any necessary additional capital on reasonable terms to execute Element79 Gold Corp. business plan; (b) that general business and economic conditions will not change in a material adverse manner; (c) Element79 Gold Corp. ability to procure equipment and operating supplies in sufficient quantities and on a timely basis; (d) Element79 Gold Corp. ability to enter into contractual arrangements; (e) the accuracy of budgeted costs and expenditures; (f) Element79 Gold Corp. ability to attract and retain skilled personnel; (g) political and regulatory stability; (h) the receipt of governmental, regulatory and third-party approvals, licenses and permits on favorable terms; (i) changes in applicable legislation; (j) stability in financial and capital markets; and (k) expectations regarding the level of disruption as a result of COVID-19. Such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of Element79 Gold Corp. to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: (a) Element79 Gold Corp. operations could be adversely affected by possible future government legislation, policies and controls or by changes in applicable laws and regulations; (b) public health crises such as the COVID-19 pandemic may adversely impact Element79 Gold Corp. business; (c) the volatility of global capital markets; (d) political instability and changes to the regulations governing Element79 Gold Corp. business operations (e) Element79 Gold Corp. may be unable to implement its growth strategy; and (f) increased competition. Except as required by law, the Website Host undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise.
HISTORICAL INFORMATION
Any graphs, tables or other information demonstrating the historical performance or current or historical attributes of Element79 Gold Corp. or any other entity contained in this document are intended only to illustrate historical performance or current or historical attributes of Element79 Gold Corp. or such entities and are not necessarily indicative of future performance of Element79 Gold Corp. or such entities.
