September 7, 2022 News Release | Element 29 Releases Final Results from Flor de Cobre Drill Program

Element 29 Resources Inc. (“Element 29” or the “Company”) (TSX-V: ECU | OTCQB: EMTRF) announces results of the final three holes from the recently completed 4,532 metre (“m”), twelve-hole drill program at the Flor de Cobre Copper Project (“Flor de Cobre” or “the Project”) located in southern Peru.

Flor de Cobre Drilling Highlights:

– Drillhole FDC011, located along the northwest margin of the permitted drilling area intersected 329.4 m of 0.56% copper (“Cu”) from 183.1 m, including 100.1 m of 0.99% Cu of enriched mineralization.
– Drillhole FDC012 intersected 393.1 m of 0.51% Cu, 0.005% Mo, 1.5 g/t Ag from 79.9 m including 152.1 m of 0.82% Cu of enriched mineralization.
– These angled drillholes add confidence to the position and geometry of the Candelaria Porphyry Complex (“Candelaria”) and presence of elevated copper grades within the primary sulphide mineralization.

Read the full press release at www.e29copper.com/news