Elida Drilling Update Meet Element 29 Resources (Booth #2739) at PDAC 2026 Vancouver, British Columbia--(Newsfile Corp. - February 27, 2026) - Element 29 Resources Inc. (TSXV: ECU) (OTCQB: EMTRF) (BVL: ECU) ("Element 29" or the "Company") is pleased to announce that it has received environmental certification under a Declaración de Impacto Ambiental ("DIA") from the Perúvian Ministerio de Energía y Minas ("MINEM"), marking a significant milestone in the Company's application for a new Programa de Inicio de Actividades ("PIA") drilling permit at its Paka porphyry-skarn copper ("Cu") - zinc ("Zn") - (gold ("Au") - silver ("Ag")) project ("Paka" or "Project") in southern Perú. Richard Osmond, President and CEO of Element 29, commented, "Receiving the DIA environmental certification at Paka represents a major catalyst for the Company as we advance toward our inaugural drill program on a large, highly prospective porphyry-skarn system along the possible northwest extension of the Southern Perú Copper Belt.