Element 29 Resources Inc., (E29), is a mineral exploration company engaged in the acquisition, exploration and evaluation of resource properties with a focus on its two copper properties located in Peru. The Company’s principal objective is to explore and develop the Flor de Cobre and Elida copper projects, and to identify other properties worthy of investment and exploration.
Flor de Cobre project is an under-explored, high grade past small-scale copper producer in a top copper mining district of southern Peru, located between Freeport McMorRan’s Cerro Verde copper-moly mine and Nexa Resources Chapi copper mine. Flor de Cobre has a historical resource and significant exploration potential.
Elida project is a new large copper molybdenum porphyry cluster in central Peru, located to nearby infrastructure. Previous drilling on Elida has shown promising results with multiple large porphyry center drill targets identified.