Element79 Gold Appoints Zara Kanji to Board of Directors
Element79 Gold Appoints Zara Kanji to Board of Directors
Vancouver, British Columbia – April 19, 2023 – Element79 Gold Corp. (CSE: ELEM) (OTC: ELMGF)
(FSE: 7YS) ("Element79 Gold", the "Company") is pleased to announce the appointment of Zara
Kanji, CPA, CGA, as a director of the Company. In addition to helping support the Board in
strategic decision making and guidance, Zara will also support the Company as head of the Audit
Committee.
Zara is a founder of Zara Kanji & Associates (established in 2004). Zara is experienced in financial
reporting compliance for junior listed resource companies, personal and corporate taxation,
general accounting, financial reporting and value -added operational co nsulting services for
individuals, private and public companies. Prior to starting her accounting practice, Zara served
as a controller for a marketing company, as an accountant in public practice for a CA firm, a CGA
firm and as an analyst for a pension f und. In addition to providing accounting and financial
compliance services to private and public entities, Zara has served as director and officer for
several listed issuers.
Zara has been a Member of the Chartered Professional Accountants of British Columbia and
Canada and has been a designated professional for almost two decades. Zara holds a Bachelor of
Technology in Accounting (Honors) and a Diploma in Corporate Finance (Honors) from the British
Columbia Institute of Technology.
James Tworek. CEO, noted that “The expertise and passion that Zara brings to the Board with
both a very strong Accounting and Finance background as well as experience with the intracacies
of international mining companies will help provide value and clarity to our accounting and
financial reporting and ultimately our shareholders.”
About Element79 Gold
Element79 Gold is a mining company f ocused on gold, silver and associated metals. Element79
Gold’s main focus is on two core properties: developing its previously-producing, high-grade gold
and silver mine, the Lucero project located in Arequipa, Peru, with the intent to bring it back into
production in the near term; and its flagship Maverick Springs Project located in the famous gold
mining district of northeastern Nevada, USA, between the Elko and White Pine Counties.
Maverick Springs hosts a 43-101-compliant, pit-constrained mineral resource estimate reflecting
an inferred resource of 3.71 million ounces of gold equivalent “AuEq” at a grade of 0.92 g/t AuEq
(0.34 g/t Au and 43.4 g/t Ag) with an effective date of Oct. 19, 2022 (see news release October
20, 2022, available on SEDAR). The acquisition of the Maverick Springs Project also included a
portfolio of 15 properties along the Battle Mountain trend in Nevada, which are non- core to its
primary business focus. In British Columbia, Element79 Gold has executed a Letter of Intent and
funded a drilling program to acquire a private company which holds the option to 100% interest
of the Snowbird High-Grade Gold Project, which consists of 10 mineral claims located in Central
British Columbia, approximately 20km west of Fort St. James. The Company also has an option to
acquire a 100% interest in the Dale Property, 90 unpatented mining claims located approximately
100 km southwest of Timmins, Ontario, Canada in the Timmins Mining Division, Dale Township.
The Company is analyzing the non- core Nevad a projects, The Dale Property and Snowbird
Property for further merit of exploration, sale or spin -out. For more information about the
Company, please visit www.element79.gold
On Behalf of the Company
James Tworek
CEO
Contact Information
Investor Relations Department
Phone: +1.613.879.9387
E-mail: [email protected]
Neither the Canadian Securities Exchange nor the Market Regulator (as that term is defined in
the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or
accuracy of this release.