Element 79 Gold Corp. provided an update on the progress of its comprehensive work plan for the Dale Property (the Property), located in the Porcupine Mining Division, Dale Township, Ontario, Canada. Previously Identified High-Potential Areas: Element 79 Gold and historic operator Placer Dome Canada Limited have previously identified auriferous anomalies predominantly hosted in quartz veining and shear zones--the recently completed work plan aimed to expand upon these promising discoveries and confirm their conntiuity.

The work plan also included revising and tracing a massive pyrite dikelet found in the northern part of the Property. This dikelet has previously yielded significant silver values from sampling, adding another layer of intrigue to the Dale Property's geological profile. The Property holds numerous gold, silver, and other anomalous occurrences, fueling enthusiasm within team.

Prospecting, Stripping, and Sampling Program: The prospecting, light stripping, washing, and sampling program was initially slated for a minimum of seven days, with possible extension dependent on field results. Following the initial work period, dedicated team on the ground made additional progress, identifying new structures of interest and expressing a strong desire to continue some of the work, resulting in an additional week of exploration work. Notable achievements include: Sampling in the iron carbonate zone, revealing consistent low-grade gold values.

Resampling at various locations and conducting hand-stripping to expose and sample areas with gold concentrations exceeding 0.5g/t Including up to 1.1 g/t; Highly anomalous Molybdenum up to 0.3% associated with two gold samples which returned >1 g/t suggests some similarities to the world class Hemlo Gold mine. Identification of new areas of interest for future exploration. Channel cuts taken in the main gold-bearing zone.

Completion of LIDAR image surveys. Opening up existing forest roads for future exploration, enhancing accessibility. The team also met with SGS Canada Inc. ("SGS"), who provided support and recommendations for the current program and outlined the upcoming update to the NI43-101.

Notably, SGS made the recommendations to proceed with whole rock analysis to include silver, as this is a good association with the current type of deposit models that have potentially been identified. Actlabs in Timmins, Ontario, has been responsible for the assays. A key highlight of the work plan was the deployment of the "SHERP CENTAUR," an amphibious vehicle that has positively transformed field operations.

The team was happy to communicate that the SHERP CENTAUR effectively enhanced their efficiency and mobility, granting access to previously challenging areas and enabling the expansion of their work in the first area of low-grade gold and iron-carbonates to assess the potential of a larger/higher grade zone beneath the currently identified low-grade zones. The team was also able to leverage the height of the SHERP CENTAUR to facilitate gravity-fed core saw operations.