Element79 Gold Retains Professional Marketing Services

VANCOUVER, BC /ACCESSWIRE/May 17, 2022/ Element79 Gold Corp. (CSE:ELEM)(OTC PINK:ELMGF)(FSE:7YS) (“Element79 Gold”there “Company“) is pleased to announce that it has renewed an agreement with CORPCOMM SERVICES LIMITED (“CorporComm”) for continued editorial and publishing services, and that it has also retained the services of Renmark Financial Communications Inc. (“Remark”) to assist the Company in its investor relations and marketing objectives.

Element79 Gold renews CorpComm

CorpComm is a public communications provider focused on supporting Element79 Gold’s core mission by communicating the company’s long-term vision in the public media space. Element79 Gold has renewed an annual deal with CorpComm to retain its writing and publishing services to support the company’s brand awareness.

In consideration of the services to be provided, the monthly fees incurred by Element79 Gold Corp. will be a cash consideration of up to $15,000, beginning April 15.and2022, for a period of one year, ending on April 15and2023.

Element79 Gold retains Renmark

Remark is a full-service investor relations firm representing small, mid and large capitalization public companies that trade on all major North American stock exchanges. Element79 Gold retained the services of Renmark to help the company connect with retail investors, as well as raise awareness of the company through various outlets and media channels.

In consideration of the services to be provided, the monthly fees incurred by Element79 Gold Corp. will be a cash consideration of up to $8,000 CAD, starting May 1.st2022, for a period of seven months ending November 30and2022, and monthly thereafter.

“We are pleased to announce that in addition to renewing CorpComm, we have selected Renmark to enhance Element79 Gold’s profile in the financial community and enhance the visibility of our company,” commented James Tworek, President and Chief management of Element79 Gold. “We chose the combination of CorpComm and Renmark because their methodologies complement each other well, and we believe that by working together they will be very effective in communicating our company’s value, vision and plans to the investing public.”

Qualified person

The technical information contained in this press release has been reviewed and verified by Neil Pettigrew, M.Sc., P. Geo., Principal of Element79 Gold and a “qualified person” as defined by National Instrument 43-101.

Technical Disclaimer

This press release may contain information about adjacent properties and properties with similar characteristics over which the Company has no exploration or exploitation rights. Readers are cautioned that mineral deposits on adjacent properties or properties that share similar characteristics are not indicative of mineral deposits on the Company’s properties. Readers are also cautioned that this press release contains historical technical information based on historical data prepared by the previous owners. A qualified person has not done sufficient work to confirm this information; significant data compilation, re-drilling, resampling and data verification may be required to do this.

About Element79 Gold

Element79 Gold is a mining exploration company focused on the acquisition, exploration and development of mineral properties for gold and associated metals. Element79 Gold has acquired its flagship Maverick Springs project located in the famed gold mining district of northeastern Nevada, USA, between Elko and White Pine counties, where it recently completed a Compliant Mineral Resource Estimate to NI 43-101, 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 February 4, 2022. The acquisition of the Maverick Springs project also included a portfolio of 15 properties along the Battle Mountain trend in Nevada, which the company is currently analyzing to determine the merit of exploration, as well as the potential for sale or spin-out. In British Columbia, Element79 Gold has signed a letter of intent to acquire a private company that holds the option to acquire 100% of the Snowbird High-Grade Gold Project, which consists of 10 mining claims located in central Colombia Columbia, about 20 km west of Fort Saint-James. In Peru, Element79 Gold has signed a letter of intent to acquire the business and assets of Calipuy Resources Inc., which owns a 100% interest in the former Lucero mine, one of the richest underground mines to be commercially exploited in Peru. history, as well as the old Machacala mine. The Company also has an option to acquire a 100% interest in the Dale property which consists of 90 unpatented mining claims located approximately 100 km southwest of Timmins, Ontario, Canada in the Timmins Mining Division, Dale Township. . For more information about the company, please visit www.element79.gold or www.element79gold.com.

On behalf of the company

James Tworeck

Contact information

Investor Relations Department
Phone: +1 (604) 200-3608
E-mail: [email protected]

Caution Regarding Forward-Looking Statements

This release contains “forward-looking information” and “forward-looking statements” under applicable securities laws (collectively, “forward-looking statements”). These statements relate to future events or the future performance of the Company, business prospects or opportunities which are based on forecasts of future results, estimates of amounts not yet determinable and assumptions made by management in the light of experience. management and its perception of historical trends, current conditions and expected future developments. Forward-looking statements include, but are not limited to, statements regarding: the company’s business strategy; future planning processes; exploration activities; the timing and outcome of exploration activities; capital projects and exploration activities and the possible results thereof; acquisition opportunities; and the impact of acquisitions, if any, on the Company. Assumptions may prove to be incorrect and actual results may differ materially from those anticipated. Therefore, forward-looking statements cannot be guaranteed. As such, investors are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, assumptions or expectations upon which they are based will occur. All statements other than statements of historical fact may be forward-looking statements. Any statement that expresses or involves discussions regarding predictions, expectations, beliefs, plans, projections, goals, or future events or performance (often, but not always, using words or phrases such as “seek “, “anticipate”, “plan”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “predict”, “expect”, “potential”, ” target”, “intend”, “could”, “could”, “should”, “believe”, and similar expressions) are not statements of historical fact and may be “forward-looking statements”.

Actual results may differ from forward-looking statements. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied by such forward-looking statements, including, but not limiter : la durée et les effets du coronavirus et COVID-19[FEMININE;lesrisquesliésàl’intégrationdesacquisitions;lesrésultatsréelsdesactivitésd’exploration;conclusionsdesévaluationséconomiques;leschangementsdanslesparamètresduprojetàmesurequelesplanscontinuentd’êtreaffinés;prixdesmatièrespremières;lesvariationsdesréservesdemineraidelateneuroudestauxderécupération;performancesréellesdel’usinedel’équipementoudesprocessusparrapportauxspécificationsetauxattentes;lesaccidents;lesrelationsdetravail;relationsaveclescommunautéslocales;leschangementsdanslesgouvernementsnationauxoulocaux;lesmodificationsdelalégislationapplicableoudesonapplication;delaysinobtainingapprovalsorfundingorachèvementdesactivitésdedéveloppementoudeconstruction;fluctuationsdestauxdechange;exigencesenmatièredecapitalsupplémentaire;laréglementationgouvernementale;risquesenvironnementaux;fraisderemiseenétat;lesrésultatsdeslitigesencours;leslimitesdelacouvertured’assuranceainsiquelesfacteursabordésdanslesautresdocumentsd’informationpublicsdelaSociétédisponiblessurwwwsedarcomBienquelaSociétéaittentéd’identifierlesfacteursimportantsquipourraientfaireensortequelesrésultatsréelsdiffèrentsensiblementdeceuxcontenusdanslesdéclarationsprospectivesilpeutyavoird’autresfacteursquifontquelesrésultatsnesontpasceuxanticipésestimésouprévusLaSociétéestimequelesattentesreflétéesdanscesdéclarationsprospectivessontraisonnablesmaisaucuneassurancenepeutêtredonnéequecesattentess’avérerontexactesetilnefautpassefierindûmentauxdéclarationsprospectivesinclusesdanslesprésentesCesdéclarationsnesontvalablesqu’àladatedesprésentesLaSociétén’apasl’intentionetn’assumeaucuneobligationdemettreàjourcesdéclarationsprospectivessaufifapplicablelawsrequireit[FEMININE;lesrisquesliésàl’intégrationdesacquisitions;lesrésultatsréelsdesactivitésd’exploration ;conclusionsdesévaluationséconomiques;leschangementsdanslesparamètresduprojetàmesurequelesplanscontinuentd’êtreaffinés ;prixdesmatièrespremières;lesvariationsdesréservesdemineraidelateneuroudestauxderécupération ;performancesréellesdel’usinedel’équipementoudesprocessusparrapportauxspécificationsetauxattentes ;lesaccidents;lesrelationsdetravail;relationsaveclescommunautéslocales;leschangementsdanslesgouvernementsnationauxoulocaux;lesmodificationsdelalégislationapplicableoudesonapplication ;lesretardsdansl’obtentiondesapprobationsoudufinancementoudansl’achèvementdesactivitésdedéveloppementoudeconstruction ;fluctuationsdestauxdechange;exigencesenmatièredecapitalsupplémentaire ;laréglementationgouvernementale;risquesenvironnementaux;fraisderemiseenétat;lesrésultatsdeslitigesencours ;leslimitesdelacouvertured’assuranceainsiquelesfacteursabordésdanslesautresdocumentsd’informationpublicsdelaSociétédisponiblessurwwwsedarcomBienquelaSociétéaittentéd’identifierlesfacteursimportantsquipourraientfaireensortequelesrésultatsréelsdiffèrentsensiblementdeceuxcontenusdanslesdéclarationsprospectivesilpeutyavoird’autresfacteursquifontquelesrésultatsnesontpasceuxanticipésestimésouprévusLaSociétéestimequelesattentesreflétéesdanscesdéclarationsprospectivessontraisonnablesmaisaucuneassurancenepeutêtredonnéequecesattentess’avérerontexactesetilnefautpassefierindûmentauxdéclarationsprospectivesinclusesdanslesprésentesCesdéclarationsnesontvalablesqu’àladatedesprésentesLaSociétén’apasl’intentionetn’assumeaucuneobligationdemettreàjourcesdéclarationsprospectivessaufsilesloisapplicablesl’exigent

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.

THE SOURCE: Element79 Gold Corp.

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