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Element 29 Resources ( (TSE:ECU) ) has issued an announcement.
In 2024, Element 29 Resources underwent a significant leadership transition, with founder Richard Osmond stepping into the President and CEO role and the addition of new board members. The company raised $3.26 million for its exploration activities, including deep diamond drilling at the Elida Deposit. Plans for 2025 include resuming the Elida Phase III drill program, conducting geophysical surveys, and securing permits for further drilling in Perú, positioning the company for growth in its exploration initiatives.
More about Element 29 Resources
Element 29 Resources is a mining company focused primarily on exploring and developing porphyry copper deposits in Perú. The company is known for its flagship Elida Porphyry Cu-Mo-Ag Deposit and aims to expand its mineral resource estimates and exploration activities in the region.
YTD Price Performance: -5.00%
Average Trading Volume: 92,182
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$64.71M
Find detailed analytics on ECU stock on TipRanks’ Stock Analysis page.
