Board of county commissioners citrus county

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https://preview.redd.it/cpnuefjzrz4b1.png?width=972&format=png&auto=webp&s=fceed6c9538e46a93ba0c026b97aa11d24856a70
Element79 Gold (CSE:ELEM, OTC:ELMGF, FSE: 7YS) is a dedicated company that specializes in exploring and acquiring mining properties rich in precious metals. Element79 Gold has two primary areas of emphasis. The first is the Lucero mine, situated in Arequipa, Peru, known for its historical gold and silver production and high-grade reserves. The second focal point is the Maverick Springs Project, the company’s flagship venture located in the renowned gold mining district of northeastern Nevada, USA.
Element79’s Lucero & Maverick
Element79 Gold (CSE:ELEM, OTC:ELMGF, FSE: 7YS) is primarily focused on two key assets. The first one is Lucero, a high-grade gold and silver mine located in Arequipa, Peru, which has previously been productive. The company’s objective is to develop a maiden resource estimate for Lucero and revive its production in the near future.
https://preview.redd.it/c8acamt8sz4b1.png?width=704&format=png&auto=webp&s=f405215a7af51708a81bb966367534fbef95fb97
The second core property is the Maverick Springs Project, situated in the renowned gold mining district of northeastern Nevada, USA, between Elko and White Pine Counties. Maverick Springs is the flagship project of Element79 Gold. It currently hosts a 43–101-compliant, pit-constrained mineral resource estimate, which indicates 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). This estimate was calculated as of October 19, 2022.
Lucero High-Grade Gold & Silver Mine
Lucero, previously known as the Shila mine, was acquired by ELEM on June 28, 2022. It had a rich history of production, with its last active year being 2005, yielding an impressive average rate of 19.0g/t AuEq. Lucero consistently produced over 40,000 ounces of AuEq annually during its prime.
Evaluations conducted by ELEM during their site visits in 2022 and throughout 2023 have revealed assay results that align with the historical production figures. These results showcase significant quantities of not only gold but also silver, lead, manganese, and copper. Lucero exhibits a promising mineral profile with diverse mineralization.
https://preview.redd.it/x2afk72bsz4b1.png?width=443&format=png&auto=webp&s=e7d20e064597a9099adeaf28abc4ef3272e4f93b
Presently, Lucero is permitted for a daily extraction of 350 tons of ore. The project is awaiting the completion of a friendly social contract, which is expected to be finalized in 2023. This contract will help foster positive relationships with the local community and stakeholders.
A historical 43–101 report has outlined the presence of 74 high-grade veins at the surface of Lucero. Additionally, there is a notable high-sulphidation area that holds considerable potential for a gold-oxide porphyry deposit. These findings indicate the possibility of further exploration and development of Lucero’s mineral resources.
Overall, Lucero stands as an exciting asset in ELEM’s portfolio, with its rich production history, promising assay results, and the potential for significant mineral deposits.
“The most recent batch of 21 assay results from the March 2023 underground sampling program on the Apacheta Zone of the Lucero project revealed exceptionally high-grade gold and silver mineralization, up to 11.7 ounces per ton gold and 247 ounces per ton silver, further validating the potential for a significant high-grade future operation.”
James Tworek, CEO of Element79 Gold.
https://preview.redd.it/q8dqi6ymsz4b1.png?width=927&format=png&auto=webp&s=04b6589028e67e6b090e0d17053325297d45ab1f
The Maverick Springs Project
The Maverick Springs Project spans roughly 4,800 acres and encompasses 247 unpatented claims that stretch across the borders of Elko County and White Pine County. It is situated in close proximity to the Carlin Trend, an extensive gold deposit belt that measures around 5 miles in width and 40 miles in length. The Carlin Trend is globally renowned as one of the most lucrative gold mining districts, surpassing all other mining districts in the United States in terms of gold production.
For the upcoming years of 2023 and 2024, the company’s work plans involve revisiting the 48,000 meters of core samples obtained from previous drilling activities. Additionally, they will conduct sampling, trenching, and shallow drilling at various locations within the project area. The work also includes metallurgical studies to assess the characteristics of the mineral deposits. Furthermore, the company is considering the possibility of utilizing LiDAR and Magnetic Resonance techniques for further analysis.
https://preview.redd.it/51tqfl7hyz4b1.png?width=977&format=png&auto=webp&s=0a908716c280efab388df6cf6554949807275437
Element79’s Financials
Element79 Gold has confirmed that it has recently utilized intermittent draws from its Crescita Equity Investment Facility to fund operational capital, strengthen its balance sheet, and support exploration work. The total amount drawn from the facility during this period is $1,250,500, and in exchange, the company issued a total of 22,700,000 shares.
Until May 5, 2025, Element79 Gold still has the option to access additional funds from the Crescita Equity Investment Facility. The remaining available funds for drawdown amount to $3,579,500, subject to the company’s discretion.
Element79 has recently announced the sale of two properties located in the gold mining district of northeastern Nevada, US, which are part of its Battle Mountain Portfolio. These properties, known as the Long Peak Project and the Stargo Project, will be sold to a subsidiary of Centra Mining Ltd
According to the agreement between Element79 and Centra, Centra will acquire all of Element79 Gold’s interests and obligations related to the Long Peak Project and the Stargo Project. In return, Centra will pay a total consideration of CAD 1,000,000. This payment will be made by issuing an aggregate of 2,500,000 common shares of Centra, with each share valued at CAD 0.40.
The transaction is expected to be completed on or before June 30, 2023, pending regulatory approval.
What You Should Remember About Element79 Gold (CSE:ELEM, OTC:ELMGF, FSE: 7YS)
● Lucero has a rich production history, abundant gold, silver, lead, manganese, and copper. Daily extraction permits allow 350 tons of ore.
● Lucero’s recent underground sampling program revealed high-grade gold and silver, up to 11.7 ounces per ton gold and 247 ounces per ton silver. These results confirm the potential for a significant future operation;
● In 2023 and 2024, the company has outlined its work plans to focus on reevaluating the extensive collection of core samples obtained from prior drilling endeavors conducted on the Maverick project. These samples amount to a total of 48,000 meters and will be a key area of investigation for the company’s ongoing activities;
● Utilizing its Crescita Equity Investment Facility, Element79 Gold drew $1,250,500 to fund operations and exploration, issuing 22,700,000 shares. They have $3,579,500 available for drawdown until May 5, 2025. A private placement offering of unsecured convertible note units aims to raise up to CA$500,000;

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https://preview.redd.it/w55gdeuyrz4b1.png?width=972&format=png&auto=webp&s=7d843d0d9e5bac1ae308e6da2f4e5228871733d7
Element79 Gold (CSE:ELEM, OTC:ELMGF, FSE: 7YS) is a dedicated company that specializes in exploring and acquiring mining properties rich in precious metals. Element79 Gold has two primary areas of emphasis. The first is the Lucero mine, situated in Arequipa, Peru, known for its historical gold and silver production and high-grade reserves. The second focal point is the Maverick Springs Project, the company’s flagship venture located in the renowned gold mining district of northeastern Nevada, USA.
Element79’s Lucero & Maverick
Element79 Gold (CSE:ELEM, OTC:ELMGF, FSE: 7YS) is primarily focused on two key assets. The first one is Lucero, a high-grade gold and silver mine located in Arequipa, Peru, which has previously been productive. The company’s objective is to develop a maiden resource estimate for Lucero and revive its production in the near future.
https://preview.redd.it/w6o1i648sz4b1.png?width=704&format=png&auto=webp&s=ff970476bceefe193edd50e25fc37089fa2d0d38
The second core property is the Maverick Springs Project, situated in the renowned gold mining district of northeastern Nevada, USA, between Elko and White Pine Counties. Maverick Springs is the flagship project of Element79 Gold. It currently hosts a 43–101-compliant, pit-constrained mineral resource estimate, which indicates 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). This estimate was calculated as of October 19, 2022.
Lucero High-Grade Gold & Silver Mine
Lucero, previously known as the Shila mine, was acquired by ELEM on June 28, 2022. It had a rich history of production, with its last active year being 2005, yielding an impressive average rate of 19.0g/t AuEq. Lucero consistently produced over 40,000 ounces of AuEq annually during its prime.
Evaluations conducted by ELEM during their site visits in 2022 and throughout 2023 have revealed assay results that align with the historical production figures. These results showcase significant quantities of not only gold but also silver, lead, manganese, and copper. Lucero exhibits a promising mineral profile with diverse mineralization.
https://preview.redd.it/a2z3uscasz4b1.png?width=443&format=png&auto=webp&s=53a76deb40e22f40915b0d305e6198c8a7928f74
Presently, Lucero is permitted for a daily extraction of 350 tons of ore. The project is awaiting the completion of a friendly social contract, which is expected to be finalized in 2023. This contract will help foster positive relationships with the local community and stakeholders.
A historical 43–101 report has outlined the presence of 74 high-grade veins at the surface of Lucero. Additionally, there is a notable high-sulphidation area that holds considerable potential for a gold-oxide porphyry deposit. These findings indicate the possibility of further exploration and development of Lucero’s mineral resources.
Overall, Lucero stands as an exciting asset in ELEM’s portfolio, with its rich production history, promising assay results, and the potential for significant mineral deposits.
“The most recent batch of 21 assay results from the March 2023 underground sampling program on the Apacheta Zone of the Lucero project revealed exceptionally high-grade gold and silver mineralization, up to 11.7 ounces per ton gold and 247 ounces per ton silver, further validating the potential for a significant high-grade future operation.”
James Tworek, CEO of Element79 Gold.
https://preview.redd.it/cfevmvamsz4b1.png?width=927&format=png&auto=webp&s=894ccdec6a3c80e73dd9062d956e79e1faf7d3eb
The Maverick Springs Project
The Maverick Springs Project spans roughly 4,800 acres and encompasses 247 unpatented claims that stretch across the borders of Elko County and White Pine County. It is situated in close proximity to the Carlin Trend, an extensive gold deposit belt that measures around 5 miles in width and 40 miles in length. The Carlin Trend is globally renowned as one of the most lucrative gold mining districts, surpassing all other mining districts in the United States in terms of gold production.
For the upcoming years of 2023 and 2024, the company’s work plans involve revisiting the 48,000 meters of core samples obtained from previous drilling activities. Additionally, they will conduct sampling, trenching, and shallow drilling at various locations within the project area. The work also includes metallurgical studies to assess the characteristics of the mineral deposits. Furthermore, the company is considering the possibility of utilizing LiDAR and Magnetic Resonance techniques for further analysis.
https://preview.redd.it/4flydd4gyz4b1.png?width=977&format=png&auto=webp&s=cab27e260230f60d63901a26dc0cb7ac27f29ecb
Element79’s Financials
Element79 Gold has confirmed that it has recently utilized intermittent draws from its Crescita Equity Investment Facility to fund operational capital, strengthen its balance sheet, and support exploration work. The total amount drawn from the facility during this period is $1,250,500, and in exchange, the company issued a total of 22,700,000 shares.
Until May 5, 2025, Element79 Gold still has the option to access additional funds from the Crescita Equity Investment Facility. The remaining available funds for drawdown amount to $3,579,500, subject to the company’s discretion.
Element79 has recently announced the sale of two properties located in the gold mining district of northeastern Nevada, US, which are part of its Battle Mountain Portfolio. These properties, known as the Long Peak Project and the Stargo Project, will be sold to a subsidiary of Centra Mining Ltd
According to the agreement between Element79 and Centra, Centra will acquire all of Element79 Gold’s interests and obligations related to the Long Peak Project and the Stargo Project. In return, Centra will pay a total consideration of CAD 1,000,000. This payment will be made by issuing an aggregate of 2,500,000 common shares of Centra, with each share valued at CAD 0.40.
The transaction is expected to be completed on or before June 30, 2023, pending regulatory approval.
What You Should Remember About Element79 Gold (CSE:ELEM, OTC:ELMGF, FSE: 7YS)
● Lucero has a rich production history, abundant gold, silver, lead, manganese, and copper. Daily extraction permits allow 350 tons of ore.
● Lucero’s recent underground sampling program revealed high-grade gold and silver, up to 11.7 ounces per ton gold and 247 ounces per ton silver. These results confirm the potential for a significant future operation;
● In 2023 and 2024, the company has outlined its work plans to focus on reevaluating the extensive collection of core samples obtained from prior drilling endeavors conducted on the Maverick project. These samples amount to a total of 48,000 meters and will be a key area of investigation for the company’s ongoing activities;
● Utilizing its Crescita Equity Investment Facility, Element79 Gold drew $1,250,500 to fund operations and exploration, issuing 22,700,000 shares. They have $3,579,500 available for drawdown until May 5, 2025. A private placement offering of unsecured convertible note units aims to raise up to CA$500,000;

Can you geniuses help me with this question?
I’m a bit stumped on what could be causing this error…
Using ArcMap 10.8.1 if that helps.

Dismissal Papers have not been filed yet, but don’t expect them to include an admission of liability or the settlement amount.