Elementa 29's flagship Elida is a copper-molybdenum-silver prophry deposit is west-central Peru, carrying an inferred resources of 321.7 million tonnes at 0.32% copper. CEO Richard Osmond was interviewed by Mining Stock Daily. In July the company announced that it received permission for up to 40 drill platforms, which the company says will allow it to systematically evaluate a cluster of five porphyry targets.