Element79 Gold Corp. announced a significant change in its leadership team: Antonios Maragakis, the company's Chief Operating Officer (COO) and Director, will be stepping down from his active role as COO due to other professional commitments but will continue to serve as a valued member of the Board of Directors. Kim Kirkland, currently VP Exploration, appointed as the new COO, effective November 15, 2023.

Kim Kirkland brings extensive industry knowledge and operational expertise in both Nevada and Peru to lead the company's operations. Antonios Maragakis has been an integral part of Element79 Gold Corp.'s growth and success, playing a pivotal role in the company's operations and strategic direction since October 2021. Mr. Maragakis decision to step back from his active role as COO is driven by his new and evolving professional needs.

His efforts at the Company have always included and been supported by the team at Mine+ Group. Element79 Gold Corp. is grateful for his invaluable contributions to the organization to date, and Mr. Maragakis will remain an essential member of Element79 Gold Corp.'s board, where his expertise and insights will continue to benefit the company.

Replacing Mr. Maragakis as the new Chief Operating Officer (COO) is Kim Kirkland, currently serving as the company's Vice President of Exploration. Mr. Kirkland is a seasoned mining veteran with a track record spanning senior executive and lead engineering roles at some of the worlds biggest mining companies, with a core focus on operating mines in Nevada and Peru. Kim has been intimately involved in Element79 Golds project and strategic development processes since joining the Company in March 2022, making him the ideal candidate to lead Element79 Gold Corp.'s operations into the future.

His extensive knowledge of its projects, commitment to safety, and dedication to sustainable practices align perfectly with the Companys corporate values. Kim will assume responsibility for overseeing the company's day-to-day operations, including the development and execution of exploration and mining activities, while ensuring the highest standards of safety and both environmental and community relations stewardship. His unique career experience in mining operations in both Nevada and Peru make him a key asset to and figure in Element79 Gold Corps project portfolio development in both of those regions.