EPISODE · Mar 4, 2026 · 4 MIN
Element 29 Copper drill results expand Elida project potential
from Proactive - Interviews for investors · host Proactive Investors
Element 29 Resources Corp CEO Richard Osmond joined Angela Harmantas at the Prospectors & Developers Association of Canada or PDAC conference in Toronto to share news about the company’s ongoing exploration work at the Elida copper project in Peru and the strong outlook for copper heading into 2026. Osmond highlighted growing investor interest in copper as many analysts expect it to be one of the top-performing commodities in the coming year. He noted that Peru remains one of the most attractive mining jurisdictions globally, describing it as “the second largest copper producer in the world,” with strong investment protections and free trade agreements that make it appealing for mining development. The company is currently advancing exploration at its flagship Elida project, where a 7,000-metre drilling program began in September 2025. By the end of the year, Element 29 Resources Inc had completed more than 4,300 metres, with the remainder of the program continuing into 2026. Osmond highlighted a particularly strong drill hole released in January, describing it as “probably the best hole I've ever drilled.” The hole reached 1,505 metres and encountered 1,489 metres of continuous mineralization averaging 0.58% copper equivalent. According to Osmond, the hole ended in strong mineralization, suggesting the system remains open at depth. The ongoing drilling is designed to infill the existing resource model and potentially expand it significantly. The company’s goal is to double the current resource and evaluate the potential for a deeper underground component. Geophysical surveys, including magnetotellurics, have also identified deeper porphyry targets that could extend the system further. Osmond said the long-term ambition is to build the project toward a resource exceeding one billion tonnes. #proactiveinvestors #element29resourcescorp #tsxv #ecu #otcqb #emtrf #pdac2026#Copper #CopperMining #CopperExploration #Element29Resources #ElidaProject #MiningStocks #MiningExploration #PeruMining #CopperMarket #PDAC2026 #JuniorMining #ResourceInvesting
What this episode covers
Element 29 Resources Corp CEO Richard Osmond joined Angela Harmantas at the Prospectors & Developers Association of Canada or PDAC conference in Toronto to share news about the company’s ongoing exploration work at the Elida copper project in Peru and the strong outlook for copper heading into 2026. Osmond highlighted growing investor interest in copper as many analysts expect it to be one of the top-performing commodities in the coming year. He noted that Peru remains one of the most attractive mining jurisdictions globally, describing it as “the second largest copper producer in the world,” with strong investment protections and free trade agreements that make it appealing for mining development. The company is currently advancing exploration at its flagship Elida project, where a 7,000-metre drilling program began in September 2025. By the end of the year, Element 29 Resources Inc had completed more than 4,300 metres, with the remainder of the program continuing into 2026. Osmond highlighted a particularly strong drill hole released in January, describing it as “probably the best hole I've ever drilled.” The hole reached 1,505 metres and encountered 1,489 metres of continuous mineralization averaging 0.58% copper equivalent. According to Osmond, the hole ended in strong mineralization, suggesting the system remains open at depth. The ongoing drilling is designed to infill the existing resource model and potentially expand it significantly. The company’s goal is to double the current resource and evaluate the potential for a deeper underground component. Geophysical surveys, including magnetotellurics, have also identified deeper porphyry targets that could extend the system further. Osmond said the long-term ambition is to build the project toward a resource exceeding one billion tonnes. #proactiveinvestors #element29resourcescorp #tsxv #ecu #otcqb #emtrf #pdac2026#Copper #CopperMining #CopperExploration #Element29Resources #ElidaProject #MiningStocks #MiningExploration #PeruMining #CopperMarket #PDAC2026 #JuniorMining #ResourceInvesting
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Element 29 Copper drill results expand Elida project potential
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