More about the company
Element 29 Resources Inc. is a Canada-based emerging copper exploration and development company focused on advancing its portfolio of Peruvian projects. The Company's principal objective is to explore and develop its Elida Porphyry Copper Deposit in west-central Peru and its Flor de Cobre Porphyry Copper Project located in the Southern Peru Copper Belt. The Elida Porphyry Copper Deposit is located in central Peru, approximately 85 km inland from the Pacific coast at moderate elevations between 1,500 meters and 2,000 meters and close to transportation. The Flor de Cobre is located approximately 30 km southeast of the large copper mine at Cerro Verde and approximately seven km northwest of the Chapi copper mine. The Company also owns 100% interest of the Pahuay copper skarn project, located in Peru, subject to a 2% net smelter return (NSR) to Globetrotters. It owns 100% interest of the Munaorjo copper skarn porphyry project, located in Peru, subject to a 2% NSR to Globetrotters.