Element 79 Gold has Nominated George Tumur to the Company's Board of Directors. Distinguished senior business and operations leader, Mr. Tumur brings a wealth of experience and a profound understanding of mining, investment funding, and government relations. Former Ambassador to Singapore, Mr. Tumur's remarkable career has been characterized by visionary leadership, strategic acumen, and an exceptional ability to navigate complex challenges.

Mr. Tumur held several executive-level positions at minerals exploration and mining organizations, including Hunnu Coal Ltd., Energy Resources LLC and other public and private entities. Most notably, in these roles, Mr. Tumur has had a transformative impact in leadership, unlocking significant coal resources, estimated at 1 billion tons of measured and indicated coal across three projects at Hunnu Coal, and elevating the company's valuation nine-fold in just 18 months following IPO; as well as commencing a significant production of a private project within six months from a headstart, introducing an international contract mining experience into local mining industry, leading to a successful IPO. Prior to his recent role as a senior advisor at Gateway Partners Ltd., Mr. Tumur has been appointed as Ambassador of Mongolia to Singapore, Philippines, and Brunei Darussalam, and applied his diplomatic skills to strengthen bilateral and multilateral relations, boasting trade and tourism between host countries and Mongolia.

Beyond his corporate success, Mr. Tumur is also a committed contributor to society and community organizations. He has held leadership positions in various organizations, including the Mongolian Chamber of Trade and Commerce in Singapore, the Asia Europe Foundation, and the Mongolian Mining Club. Tumur's academic background includes a Master of Science in Mining and Earth Systems Engineering from the Colorado School of Mines and a Bachelor of Science in Metallurgy and Materials Engineering from the same institution.

The Company also announced that Mr. Shane Williams will step down from the Board of Directors. Mr. Williams departs from his position on Element 79 Gold's Board of Directors to focus on increasing professional commitments but will remain an advisor to the Company.