Element 29: 2 Underexplored Copper Projects
2 copper projects with significant exploration potential
Element 29 Resources is an emerging copper exploration and development company. They’re focused on advancing their portfolio of Peruvian projects towards development in one of the lowest-risk mining jurisdictions in the world. Element 29’s growth strategy is led by a strong board and management team. In fact, the team has a proven track record of discovery and delivering significant value to shareholders.
The company’s principal objective is to explore and develop its flagship Flor de Cobre porphyry Cu-Mo project in southern Peru. Further, the project lies just 26 km southeast from Freeport-McMoRan’s Cerro Verde Cu-Mo mine. At the same time, E29 intends to build on its copper inventory with continued exploration on its Flor de Cobre project as well as its remaining 22,000 ha of mining concessions in Peru including the recently discovered Elida porphyry Cu-Mo-Ag system located in central Peru, just 85 km from the coast. Both projects are well located for future mine development and will benefit from nearby infrastructure including roads, power lines, ports, water, and a skilled workforce.
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