DraftKings(US:DKNG) Thenewswire·2025-10-21 20:00Core Insights - Element79 Gold Corp has received a reclamation bond approval of USD $19,871 for its Gold Mountain Exploration Project, marking a significant regulatory milestone for the company [1][2][3] Group 1: Regulatory Milestone - The Bureau of Land Management (BLM) Nevada State Office accepted the reclamation bond on October 14, 2025, and it was confirmed on October 20, 2025, ensuring compliance with financial assurance requirements for surface reclamation activities [1][2] - This approval allows Element79 to proceed with its phase one drill program at Gold Mountain, indicating readiness for expanded exploration and operational activities [3] Group 2: Company Strategy and Commitment - The CEO of Element79 expressed that the bond approval is a "green light for growth," emphasizing the company's commitment to responsible resource development and environmental responsibilities [3] - Element79 is focused on its Nevada portfolio, particularly the Gold Mountain and Elephant Projects, and is also advancing its high-grade Lucero Project in southern Peru, positioning the company for long-term exploration growth [4]