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Element 29 Resources Inc.

Mining ~240 employees
Founded
--
Employees (Est.)
~240
12 leaders known
Total Funding
$5.1M
Funding Rounds
3
Last Funding
2023-05-30

About Element 29 Resources Inc.

Element 29 Resources Inc. is a junior resource company focused on exploring and potentially developing Tier-1 copper-molybdenum deposits in Perú, a low-cost and low-risk mining jurisdiction. The company aims to grow its porphyry copper-molybdenum-silver resource inventory at the Elida project while exploring new porphyry copper deposits across over 25,000 hectares of concessions in Perú.

Products & Services

Elida Project:A porphyry copper-molybdenum-silver project in west-central Perú with an initial inferred mineral resource estimate of 321.7 million tonnes, strong potential for expansion, and proximity to infrastructure like electrical grids, highways, and ports.
Flor de Cobre Project:An emerging large porphyry copper system in the Southern Perú Copper Belt with discovery potential, located near infrastructure and the Cerro Verde mine.
Pahuay Project:A copper exploration project in Perú, with further details available on the company website.

Specialties

Porphyry Copper-Molybdenum-Silver Exploration Resource Development in Perú Tier-1 Copper Deposits

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Private Placement
T: -
FT: Private Placement
A: 2000000
MR: -
FA: C$2,000,000
FAN: 2000000
D: 2023-05-30
FD: 2023-05-30
-
2 RT: Non-brokered Private Placement
T: -
FT: Non-brokered Private Placement
A: 1545000
MR: -
FA: up to $1,545,000
FAN: 1545000
D: 2023-01-06
FD: 2023-01-06
-
3 RT: Private Placement
T: -
FT: Private Placement
A: 1545000
MR: -
FA: $1,545,000
FAN: 1545000
D: 2023-01-06
FD: 2023-01-06
3 investors
Private Placement Latest
2023-05-30
$2.0M
Non-brokered Private Placement 2023-01-06
$1.5M
Private Placement 2023-01-06
$1.5M

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Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

B

Bruce Turner

Advisor

R

Ricardo Labó

Mineral Economist

R

Richard Osmond

President & CEO

P

Patrick Elliott

Director

B

Brad Mercer

Chair of the Board

C

Chet Idziszek

Director

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Recent News

Element 29 Resources Inc. Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Read more →

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

Mock Up

Company Details

Industries
Mining
Company Size
~240 employees (est.)

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Technology Stack

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