Element 29 Initiates Expansion Drilling in Peru’s Elida Deposit

Element 29 Resources (TSE:ECU) has released an update.

Element 29 Resources Inc. has launched a new drilling program at its Elida Porphyry Copper-Molybdenum-Silver Deposit in Central Peru, aiming to expand the initial inferred mineral resource estimate and enhance the overall metal grades. With plans to drill up to 4,000 meters until December 2024, the company’s exploration efforts could significantly extend the mineralization depth beyond what previous drilling has revealed.

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