https://preview.redd.it/qb85swtejn0d1.png?width=2622&format=png&auto=webp&s=89aaacee76ab2ec49595e971462c5d1554130eaf
Item Details: Selling this lovely lab diamond ring. The center stone is 1.23 carats and measures 10.91 × 5.70 mm, and is graded F VS2. The IGI certificate number is IGI LG560229188. The setting is yellow gold with a white gold basket and prongs, and there are small sidestones that bring the total carat weight to 1.41. I purchased it from EBTH (an auction site), and you can view their listing and photos here.
It's a really lovely piece; it has a lot of presence for the carat weight and I adore the low setting. Most bands will sit flush against it - see my photo link below for a few examples.
Currently a size 7 and easily resizable a couple sizes up or down.
Photos: My photos, including verification photos, are here: https://imgur.com/a/14k-1-41-ctw-lab-diamond-ring-Pczlddr
Source: EBTH, a reputable auction site. The center stone has an IGI certificate and the piece was inspected by a GIA graduate gemologist.
Proof of Purchase: In my imgur link above!
Selling Price: I paid $652, which I believe was an excellent deal. Asking $650; I'll cover shipping and insurance to the US.
Shipping Cost & Method: USPS ground, insured. I am willing to send via other methods if buyer pays for shipping - I'm also listing as US to US, but can look into international shipping if someone from another country is seriously interested and willing to pay for shipping.
What is Included: The ring, IGI report.
Condition of the Item: Excellent; please see photos (both mine and the EBTH photos). I recieved it yesterday and only tried on around the house a couple of times.
Reason for sale: I mostly wear white gold and this was an impulse buy. I was tempted to keep it b/c it's SO pretty and sparkly, but I don't think I'll wear it much.

The greatest financial risk for physicians is losing the ability to turn the knowledge and skills you spent a decade learning into a huge pile of money by working in your profession for decades. There are risks that could show up in your life that would prevent you from being able to accomplish this task. One of the most common of these risks is an extended or even permanent disability. Insurance companies estimate that as many as one in seven doctors will be disabled at some point during their career. While many imagine this will occur in a sudden traumatic accident, medical illness is actually a more common cause of disability that prevents a doctor from working. Physician disability is a complicated type of insurance. This post will give you the “must-know” information to secure the best protection and help you avoid common disability insurance mistakes.

TL;DR: Key Takeaways: What Doctors Need to Know About Disability Insurance

1. The best Disability Insurance policy is an individual, portable, own-occupation, specialty-specific policy.
2. Purchase disability insurance from an independent agent who can show you policies from all of the major companies. We have a list of recommended Disability Insurance agents used by thousands of white coat investors each year.
3. Buy as much disability insurance as they are willing to sell you as a resident. Include a future purchase option (sometimes called a “benefit purchase rider” or “future increase option”) and a cost of living disability insurance rider.
4. As an attending, increase your coverage to cover both your living expenses and retirement savings if you were to work to age 65.
5. You may get sticker shock, but the reason disability insurance is expensive is that it actually gets used. Slightly more than 1 out of 4 adults will experience a disability before they retire. Physician disability insurance agents often use a figure of 1 out of 7 doctors actually using the disability insurance they purchase. Whatever the true statistic may be, it's certainly high enough to insure against.

Do not take the risk of not having disability insurance.

What Is Disability Insurance?

Disability insurance gives you an income to live on if you become so disabled that you can no longer work.
If you become disabled, a long-term disability insurance policy pays a predetermined amount each month until you either recover from your disability or reach age 65-67. (Note: Policies vary. It is possible to buy a policy that pays to age 70 or even, for a very high premium, until death).

Why Do Physicians Need Disability Insurance?

One out of seven doctors end up having to use their disability insurance. Losing the ability to turn the knowledge and skills you spent a decade learning into a pile of money by working in your profession for decades is one of the most expensive risks that physicians face. Your most valuable asset is your ability to work.

How Does Disability Insurance Work?

Disability insurance is a pretty straightforward proposition. You buy a policy and pay your premium monthly or annually. If you become disabled, you (and your doctor) fill out the paperwork to prove it to the satisfaction of the insurance company and then they pay you the promised monthly benefit until you either recover from your disability or the insurance company meets its contractual obligation to pay the benefit.

Short-Term vs. Long-Term Disability

Disability insurance is most commonly divided into short-term and long-term.

Short-Term Disability

A short-term disability policy generally begins paying just as soon as you get disabled and then pays for a maximum period of 3-24 months. These policies are often provided by an employer as an employee benefit. Short-term disability, while inconvenient financially, is not generally a financial catastrophe for a physician saving for retirement with an emergency fund. As a result, many doctors do not buy short-term disability policies at all.

Long-Term Disability

A long-term disability policy generally does not pay immediately, but only begins to pay after a waiting period ranging from 1-24 months (typically 3 months). Then, the policy will continue to pay you a benefit each month until age 65, 67, or 70, depending on the policy. Note that a 3 month waiting period typically means your first check won't come until the end of the first month after the 3 months, so it's really a 4 month waiting period. Since losing your ability to earn a living for the rest of your life is a financial catastrophe, any doctor who is not financially independent should buy a long-term disability insurance policy.

What Does Disability Insurance Cover?

Disability insurance covers all kinds of disabilities. The best (and unfortunately most expensive) policies cover the widest range of potential disabilities.

The Definition of Disability

The most important feature is the definition of disability. Disability insurance differs from life insurance in numerous ways, but none is more significant than in defining exactly when you become disabled (and when you become enabled again). The broader the definition of disability you get in your policy, the more the policy will cost.
Unlike life insurance, where life and death are pretty black and white, disability has 50 shades of gray. You want a policy with a strong, broad definition of disability that will cover any possible type of disability? That means “true own-occupation, specialty-specific” and no limitations on things such as psychiatric conditions or addictions. This is the main difference between the “Big 5” companies and others. Even among the “Big 5,” there are slight differences. It is OK not to purchase the policy with the very best definition of disability, but the weaker the definition, the bigger the discount you should expect.

Own-Occupation, Specialty-Specific

Probably the most important aspect of the definition for doctors is that it be specific to your occupation. For instance, if I lost my left thumb, there are a number of procedures in emergency medicine that I could no longer do. I would be completely disabled from managing a busy emergency department by myself. But I could probably still go do urgent care work. A specialty-specific definition of disability in my policy would provide me with my full disability payments in addition to the money I make at the urgent care. Sometimes, the “specialty-specific” clause is inherent to the policy, and at other times it is an additional rider (a piece of paper added to the policy for which you pay an additional premium). Either way, you almost surely want to get this in your policy. Here are the various definitions, starting with own occupation and progressing to any occupation.

Own-Occupation Definition

Under this definition, your policy will pay if you cannot work in your occupation/specialty, even if you can and do work in another field and make as much money as you want.
Own-occupation policies cover people based on the occupational duties they are performing at the time of claim. If your policy includes an own-occupation definition of total disability and you are exclusively performing the customary duties of your medical specialty or sub-specialty at the time of the claim, the policy will cover you when unable to perform your specialty or sub-specialty. If you have transitioned into a different role or expanded into a new career path that requires much less direct patient contact or procedural duties, you may no longer be considered totally disabled when unable to work in your specialty or sub-specialty. This is because your “occupation(s)” involves additional material and substantial duties, no longer limited to the performance of your medical specialty or sub-specialty. In these instances, you may be considered partially disabled or not disabled at all, depending on the exact circumstances.

Transitional Own-Occupation

Your policy will pay if you cannot work in your occupation/specialty, even if you can and do work in another field. But if you exceed your previous income while you now work in another field, your monthly benefit from the policy would likely be lowered.

Modified Own-Occupation

Your policy will only pay if you can't work in your occupation/specialty AND if you are not working in another field. This definition is also sometimes called “Own-Occupation, Not Engaged” or “Own-Occupation, Not Working.”

Any-Occupation

Your policy will only pay if you cannot work in any occupation based on education, training or experience. Note that some policies are own-occupation for a couple of years and then transition to any-occupation.
One company out there (Northwestern Mutual) sells a policy with a definition that they claim is BETTER than own-occupation. They call it Medical Own-Occupation, but in reality, it is just a form of modified own-occupation. Learn more about the NML Medical Own-Occupation Definition.

Do You Really Need an Own-Occupation, Specialty-Specific Policy?

Some non-procedural physicians argue that they might not need a true own-occupation policy. They reason that if they are so disabled that they cannot practice their specialty, they probably cannot do anything else. So, they accept a less broad definition of disability to save some dollars on the premium. If you choose to do this, make sure you understand the exact circumstances under which your policy will and will not pay out.

Mental Disorders/Substance Abuse

Many policies will only cover mental illness or substance abuse-related disabilities for a period of two years. I know an attorney who couldn't practice law after developing bipolar syndrome in his 30s. It took over a decade to get it under control. He had a policy that covered mental illness indefinitely, which prevented financial catastrophe from striking him and his family.
According to the April 2011 issue of Current Psychiatry Magazine, physicians are not immune to depression and have an increased risk of suicide. Additionally, the lack of distinction between a psychiatric diagnosis and impairment stigmatizes physicians and impedes treatment.
You'll need to decide whether this is a risk you're willing to run. If you want mental illness covered like every other illness, you'll be paying more.

Presumptive Total Disability

As you well know, disability can be defined in many shades of gray. In the event of your disability, you can expect a paperwork fight between you, your physician, the disability insurance company, and maybe even your attorney. However, most policies contain a section that defines “presumptive total disability” where you can be assured there won't be much arguing from the insurance company. Even better, the waiting period will be waived and you'll start getting payments right away.
Anything short of that, and you're going to have to get your doctor to certify your disability and get the insurance company to accept it. At times, this can involve visits to multiple specialists and even hiring an attorney. Note that with some companies, presumptive disability does not need to be permanent.

Cosmetic Surgery/Transplant Surgery

Some policies will cover you if your disability is the result of cosmetic surgery or the result of donating a kidney or other body part to someone else. Others will not. Best to read your policy carefully and know what it does and does not cover.

Disability Insurance Exclusions & Limitations

Disability insurance policies generally exclude any medical conditions you have at the time of applying for insurance. For example, if you already have chronic back pain, the policy will not provide a benefit if you are disabled due to a back condition. In addition, if you admit to participating in dangerous activities such as scuba diving, rock climbing, flying, and sky-diving, the policy will likely be issued with a rider that excludes those activities from coverage. Other exclusions may also apply, such as acts of war, normal pregnancy, and foreign travel. Here is a list of common exclusions:

• War or Act of War (this could probably be interpreted pretty broadly)
• Active Military Duty (having served, this is pretty stupid since 95%+ of our military folks are never in any kind of serious danger of being hurt by a combatant)
• Normal Pregnancy (don't want to work because you're eight months pregnant? Don't bother trying to get disability benefits for that)
• Foreign Travel (varies by policy, but many don't cover you during that European vacation, much less that humanitarian trip to Sudan—read the fine print)
• Mental/Nervous Disorder (many companies limit benefits to two years, where they might pay for “physical” disorders until you're 65 years old)
• Medical Exclusions (any medical conditions you have at the time the policy is issued will likely be excluded, meaning if you have heart disease at the time of issuance and it leads to you being disabled five years later, the policy isn't going to pay. Again, apply when you are young and healthy and/or when you haven't had medical problems for several years to minimize this.)

Residual Disability

Residual disability refers to being only partially disabled. This may occur from the initial injury or illness or be part of the process of recovery. You generally need to buy an additional rider to cover this. Read this rider carefully, it can be a bit complicated.
Imagine developing painful lumbar radiculopathy that keeps you from working more than 20 hours a week. This is the part of your policy that will cover that. This rider will also explain how much you get if you are partially disabled. My old policy says it pays the whole benefit (total disability) if I can't earn at least 20% of my “indexed prior monthly earnings,” which is basically the money I earn at my job. It doesn't count my investments, other disability income policies, rent from a rental property, or my nonvocational activities. It doesn't pay anything if my earnings aren't reduced at least 20%. If I am making between 20%-80% of what I made previously, I get the total disability benefit times the ratio of my loss of income for that month divided by my indexed prior monthly earnings. Note that with some companies, the partial disability rider will kick in at 15%.
Some contracts use “or” in the contract and others use “and” in the contracxt. For instance, a stronger policy would trigger the partial disability rider if you had a loss of income or a loss of time or a loss of duty whereas a weaker contract would require loss of income and loss of time and loss of duty where all of those triggers must be met.

Partial Disability vs. Residual Disability

Partial disability and residual disability are generally considered to be the same thing, but there is a technical difference at some companies. For example, at one company, a partial disability rider requires total disability during the elimination period and the residual disability rider does not. With another company, partial refers to the disability, such as one that only affects one part of the body (such as one arm), while residual refers to a decrease in earnings. Either way, the key is to understand how the residual/partial rider works in the policy you actually purchase.

Recovery Benefits

A physician should consider a contract that will continuing paying them a portion of their benefits upon recovery from a disability if their income continues to be down at least 15%-20%. Most carriers will pay a recovery benefit for the benefit period although one only pays for 12 months. This is especially important for practice owners. Think if a dentist were to be disabled for 6 months and then recovers and goes back to their practice. Many of their patients may have gone elsewhere because the dentist sees his patients twice a year. It could take several years to get back to where he/she was at before becoming disabled.

Recommendations for Physicians on Disability Insurance Riders

Here's an easy cheat card to help you know at a glance what we think about all of the various riders available.
https://preview.redd.it/akf6t5iqfn0d1.png?width=800&format=png&auto=webp&s=3f8b415d0101d729fdfa51bc9147993309147d75

Who Needs Disability Insurance?

Nearly every high-income professional in their first decade or two out of school should own a policy. Your most valuable asset is your ability to work. So, if you do not own a disability insurance policy, you need to go get one, now. If you have an income, it's time to buy a policy, even if money is tight as a resident. The only exception is if you do not rely on your income to live. If you are already financially independent, it's OK not to buy disability insurance. However, even if you are frugal and married to another high earner, you may wish to still have a policy. You could both become disabled, or you could become divorced.

How Much Physician Disability Insurance Do I Need?

As a resident, you typically cannot afford to buy as much as you need, but you should be able to do so even as a brand-new attending. Basically, you need to buy enough disability insurance to cover both your living expenses and your retirement savings if you were to work to age 65 but not your taxes. Physician disability insurance payouts are generally tax-free since they are usually paid with post-tax dollars.
Note that how much you need has little to do with your income and everything to do with what you spend. The less you spend, the less insurance you need to buy. Insurance agents would love to sell you the largest possible policy (which usually works out to be about 2/3 of your gross income, but it is possible to combine two companies to get even more), so you'll need to decide how much you need on your own. Resident physicians typically buy a $5,000 per month benefit and attending physicians typically buy a benefit in the $10,000-$15,000 per month range, but there are plenty of docs who buy both more and less. If your plan in the event of disability is to rely on the income of your spouse, you may not need disability insurance at all.

Average Cost of Disability Insurance for Physicians

Unlike cheaper insurance policies like term life and umbrella policies, physician disability insurance is expensive, although not quite as expensive as your malpractice insurance. The reason it costs so much is it actually gets used. The likelihood of you acquiring a long-term disability during your working years is approximately seven times as high as your risk of dying in those years. A typical policy bought on a healthy doc in their 20s or 30s will cost something between 2%-6% of the benefit. If your monthly benefit is $10,000, expect to spend $200-$600 per month for that. Perhaps the sticker shock you get upon being quoted prices will motivate you to reach financial independence as soon as possible so you can cancel the policy.

Graded vs. Level Premiums

One way to save money on your policy is to get graded premiums. Not all policies offer this feature, but those that do will charge you less in the first few years and more in later years. Level premium policies charge you the same amount in premium every year. A graded premium policy accounts for the fact that you become more likely to become disabled as you go through life. However, it can be very beneficial to you because your need for insurance actually falls continually throughout your career as your build your retirement nest egg.
Once you become financially independent, you can drop the insurance completely. This is a good idea since the total benefits a policy could potentially pay are also dropping throughout your life (since the policy will generally only pay until you are in your mid- to late-60s). Many white coat investors who are great savers hit financial independence by mid-career. If you are one of those, you are likely to come out ahead using graded premiums instead of level premiums.

What Disability Insurance Discounts Are Available for Doctors?

Like other types of insurance, disability insurance is sold by agents who are paid commissions by the insurance companies to sell their products. It is a very competitive business. The insurance companies want agents, especially the independent agents you should be buying from, to preferentially sell their products. To incentivize the agents, they offer discounts that are only available through certain agents. Experienced, high-volume agents can often provide you with the same policy at a cheaper rate than a newer, lower-volume agent. Thus, it pays to use an experienced agent and shop around with two or three of them. Nearly every doctor should qualify for some type of discount on their policy—10%-30% premium discounts are not unusual. Types of discounts include:

• Unisex discounts
• Student/Resident/Fellow discounts
• Multi-life institution discounts
• Guaranteed Standard Issue (GSI) institution discounts
• Association discounts

Learn more about physician disability insurance discounts.

How Do I Buy Disability Insurance?

The key to physician disability insurance is the independent agent. The agent is going to be paid a great commission by the insurance company no matter which policy you choose. Assuming policies with similar benefits, the commission isn't going to be all that different. Plus, these agents get plenty of business and none of them are starving, so they have little incentive to sell you an inferior policy for a slightly higher commission. Their reputation is worth far more than a few extra dollars in commission. Since you are (indirectly) paying the agent a very nice commission, don't feel bad about using their time and expertise to fully understand this complicated product.
For most doctors, this is a purchase that is only done once or twice in their life. Have the agent quote you different physician disability policies from each of the “Big 5” companies and show you the strengths and weaknesses of each. If you have a policy from work or your professional association, bring it in with you and have it included in the comparison. Then, you can know you made an educated decision and you can buy it and forget about it. Also, be sure to ask for a discount. The vast majority of doctors will qualify for a 5%-30% association or employer-related discount, and a top-notch agent will help you get that.

What Type of Disability Insurance Should I Buy?

There are two main types of disability policies: individual policies and group policies. As a general rule, individual policies have stronger definitions of disability. Many group policies are not own-occupation policies. Individual policies are also portable, in that you can change jobs and take them with you.

Individual Disability Policy

There are a number of benefits of an individual policy. The main one is that you are in control of all the details. You get to choose how much insurance you want to pay for. You get to choose which of the bells and whistles you are going to pay for. The policy is also “portable,” meaning you still have it if you change employers (or if your employer just decides to change the policy). As a general rule, the policy is also “stronger,” meaning it is more likely to actually pay you if you get disabled.

Group Disability Policy

A group policy provided by your employer is usually not portable, although sometimes you are allowed to take over the entire premium and take it with you. Group policies also frequently have premiums that increase every year or every five years, whereas an individual policy usually has level premiums. Group policies paid for by your employer may also pay a taxable benefit, rather than the tax-free benefit provided by an individual policy. Aside from the lower cost, the main benefit of a group policy is that it may be easier to qualify for. It may not require any sort of medical exam or blood work, and it may not ask any pesky questions about your medical conditions and dangerous hobbies such as rock climbing, skydiving, scuba diving, or flying.

How to Compare Disability Insurance Policies

The most important feature is the definition of disability. You want a policy with a strong, broad definition of disability that will cover any possible type of disability. That usually means “own-occupation, specialty-specific” and no limitations on things such as psychiatric conditions or addictions. This is the main difference between the “Big 5” companies and others.
Since disability is complicated, disability insurance policies are complicated. There are dozens of differences from one policy to another, making them difficult to compare. Use your independent agent for recommendations on what matters most. Just for an example, take a look at this chart of all the differences you could see between one policy and another.

When to Buy Disability Insurance?

You should buy disability insurance just before you become disabled. Since you don't know when that time could be, earlier is generally better. However, disability insurance is also expensive, and when you are young and poor, you have lots of other great uses for your money. A good compromise is to buy a small policy as you enter residency and then upgrade to a more robust disability insurance plan just before leaving residency. The younger you are, the healthier you are, and the fewer dangerous hobbies you engage in, the cheaper your premiums will be for the same benefit.

Best Disability Insurance for Physicians

I keep a list of those I consider the best disability insurance agents in the country. Save yourself the work of finding a good one you can trust and use the same agents that have been used by thousands of WCI readers in the past. You do not need someone local that you can sit down across the table from. It is better to have someone who has sold policies to hundreds of docs this year working with you by phone, Skype, Zoom, and email than someone you can sit down with who has only sold four policies. In addition, if there is some issue with one of these agents, I can usually help you resolve it quickly.
Information in this space rapidly changes. While we try to keep The White Coat Investor website as up-to-date as possible, our recommended agents are going to be our best source for updated information. I cannot emphasize how strongly I suggest you use them, whether buying your first policy or simply reviewing what you already have.

Bitcoin Rainbow Chart (BRC) is a novel way to visualize the price behavior of BTC. Innovative and original: the chart draws attention by superimposing a rainbow on the quote line.
This is an especially useful tool for long-term investors, leaving intraday volatility aside. It uses a statistical model based on a logarithmic growth curve that, through colored bands, allows predictions to be made in a simple and direct way.

Why you should use Bitcoin Rainbow Chart?

Since its launch in 2009, Bitcoin technical analysis has been based on traditional tools, such as moving averages, Fibonacci, Bollinger bands, etc. For determining entry points, they are relatively useful, but optimally measuring price fluctuations remains a challenge.
https://preview.redd.it/2xrvnn096n0d1.png?width=390&format=png&auto=webp&s=7af3dc481151330767ba3ccfb10134c580a16404
Bitcoin Rainbow Chart is a tool that aims to offer a specific solution to this issue, especially to users with long-term investment strategies.

How does Bitcoin Rainbow Chart work?

One of the advantages of BRC is that it allows you to read the price at a glance. The colored bands on the graph help a lot when defining trading zones. It is much more than a “logarithmic rainbow” superimposed on the price history.
https://preview.redd.it/w9yt42ot7n0d1.png?width=366&format=png&auto=webp&s=70a6b06174b7172dbbfe0eddf43844e689bcf5ab
It should be noted that this tool ignores the effect of some short-term variables, implementing an inverse exponential growth pattern. What's that? Well, just the opposite of a standard exponential line, where growth begins slowly with a horizontal behavior and accelerates until it reaches a steep slope.
https://preview.redd.it/vmc42tnz7n0d1.png?width=360&format=png&auto=webp&s=d3431b5f9ef8f1c7e7c33557ad5c948e428edc4b

Rainbow colors

The tool is made up of nine colored bands emulating a rainbow. Each one is associated with a specific sentiment or a specific market condition:

• Dark red: Extreme FOMO, as in a crash or a bubble.
• Red: Overbought (taking profits is advised).
• Dark orange: Strong buyers and incipient FOMO.
• Light orange: Balance between buyers and sellers.
• Yellow: The holders control the situation.
• Light green: Buy area.
• Green: Accumulation area, and sales area in development.
• Light blue: Obvious buy zone.
• Blue: Bearish sentiment.

Pros and Cons of Bitcoin Rainbow Chart

Bitcoin Rainbow Chart is a powerful resource that, like any other analysis tool, has its pros and cons.
Pros:

1. Accurate since its first version.
2. Their model is based on a logarithmic regression.
3. Useful for performing long-term analysis without the effect of short-term variables (such as volatility).
4. Easy to use and read.

Cons:

1. Not recommended for analyzing short-term trends.
2. It needs more maturation time.

BRC: Statistical model

Logarithmic regression is a statistical model used to evaluate the decline or growth of a process that slows down over time . Some variables that are usually represented with a logarithmic regression are the acidity of a solution or the intensity of a sound.
This method is very useful to establish relationships in cases where it is not appropriate to perform a linear analysis. This is the case of Bitcoin (with massive initial growth), whose price and timing best fit a logarithmic representation.
https://preview.redd.it/od5huj8j8n0d1.png?width=850&format=png&auto=webp&s=bbb2a5cc6da398b452788b2f5fea954de437ba30

Bitcoin Rainbow Chart Use Cases

The use cases for Bitcoin Rainbow Chart are varied. Among other things, it is used to:

1. Determine investment zones.
2. Predict changes in price direction (using moving averages).
3. Define profit collection points.
4. Look for overbought areas.
5. Find accumulation areas at low prices.

Trading Bitcoin Rainbow Chart

Reading the graph is simple . Bitcoin Rainbow Chart is based on the price movement since 2014, whose line is framed in the rainbow. Right in the middle, the yellow band serves as a starting point.
Towards the top, we enter hot zones (red and orange bands), which would indicate the formation of bubbles due to an overvaluation of the asset. Profit taking usually occurs after a prolonged price run into these areas.
https://preview.redd.it/51rtvh9w8n0d1.png?width=850&format=png&auto=webp&s=982303c2f8070563a050655199fc2ec910dcedef
Let's look at an example. On November 8, 2021, Bitcoin was in the light orange band. The price was close to $67,500. A couple of months later significant profit taking was observed.
https://preview.redd.it/ty4huscz8n0d1.png?width=850&format=png&auto=webp&s=830bf7f1bb13b3cca41e2259ea37eba2f369f9f1
Below the central band, we find the cold zones (green and blue bands), linked to buying and accumulation sentiments. In this region of the rainbow, we will most likely be able to buy Bitcoin at a good price.
For example, Bitcoin was in the blue zone during the 2020 crash, when the price plummeted to $5,000. The lower band is known as the fire sale zone, ideal for accumulation periods.
https://preview.redd.it/roaoawg29n0d1.png?width=850&format=png&auto=webp&s=33614cd12525a24bea27dd67c1c93c765bc7b251

¿Is Bitcoin Rainbow Chart a reliable indicator?

Since its first version, the BRC has been quite accurate. To date, the price has behaved as expected based on the band it was in (both in bearish and bullish phases). Its reliability can be reinforced by complementing the reading with other indicators, as well as with specific models (for example, the S2F).
https://preview.redd.it/ak2uzpza9n0d1.png?width=850&format=png&auto=webp&s=58001a47098ab14ad347144220fe71f1c51863e1

BRC: Conclusion

Bitcoin Rainbow Chart is a useful tool for long-term Bitcoin price analysis . Its precision is a point in favor of the model, which ignores the noise generated by short-term factors (for example, intraday volatility).
By combining BRC readings with traditional indicators, much more accurate forecasts can be made. In fact, by itself, it is a tool that can be reduced to the definition of overbought and oversold zones.
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Additional High-Grade Values Continue to Support the Project’s Robust Potential
VANCOUVER, BC / TheNewswire / May 14, 2024 – Element79 Gold Corp. (CSE: ELEM) (OTC: ELMGF) (FSE: 7YS)("Element79", the "Company”) reports additional assay results from underground sampling at its flagship Lucero property, Peru, including samples up to 98 g/t gold and 2,034 g/t silver (sample 2508).
​
https://preview.redd.it/azy639n47n0d1.png?width=461&format=png&auto=webp&s=1029ff183a532ed1a947c279cc08efc320396bc1
Key Highlights:
Significant Mineral Endowment : A total of 455 samples underground channel samples have been collected from this latest phase, representing nearly 600 kg (620kg) of mineralization and 650 kg of wall rock, underwent comprehensive analysis by our partners at Ore Discovery and unveiled significant exploration potential. Notably, results in 115 samples returned substantial values in gold (Au) (ranging from 1.0 g/t to 98.1 g/t), silver (Ag) (ranging from 0.7 g/t to 3,026 g/t), lead (Pb) (as high as 2.0%) and zinc (Zn) (up to 3.5%), highlighting the robust potential of Lucero’s mineral endowment.
High-Grade Mineralization: Among these, 17 samples exhibited gold values surpassing 10 g/t, with 8 samples exceeding 20 g/t, and 51 samples boasting silver values exceeding 100 g/t Ag. Of particular significance are 15 high-grade samples with values ranging from 12.65g/t to an impressive 98.1g/t of Au, and remarkable silver values of 62.1 g/t to 3,026 g/t and up 3.24% Zn. These findings reaffirm the potential for exceptional high-grade mineralization.
Geochemistry total Statistics: Total of 455 samples, 58% has grades over 0.1 g/t Au; 26% has grades over 1 g/t Au; and 9% has grades over 5 g/t Au. Notably most of grades below 0.1 g/t Au correspond to wall rock (foot or hanging wall).
Table 1. Channel Sample gold grade statistics
​
https://preview.redd.it/sz28fof57n0d1.jpg?width=285&format=pjpg&auto=webp&s=92bd0842aae0f8df550523af1971e40d6190c0f8
Table 2. Samples returning >5.0 g/t gold from underground channel sampling.
​
https://preview.redd.it/g99t5dk67n0d1.jpg?width=809&format=pjpg&auto=webp&s=9c08232575a36d20bea9ce36731ec4be0066396f
https://preview.redd.it/s2ilgik67n0d1.jpg?width=806&format=pjpg&auto=webp&s=e8448e3579946fbd9bbc36be0f9b4f1fc48e70eb
https://preview.redd.it/cajzmkk67n0d1.jpg?width=800&format=pjpg&auto=webp&s=60f0618689732c5bd8e3c1ac6956a3dbef5ffa66
Figure 1. Winter 2024 sample locations (this new release, red stars) and fall 2023 Sample locations (yellow stars) which were previously released (see news release April 23, 2023) mapped workings (crosses), with selected samples highlighted (black 2024 and grey 2023).
​
https://preview.redd.it/r52llsf77n0d1.jpg?width=800&format=pjpg&auto=webp&s=531612bde633edffbb5e4938232bc68db266878b
Figure 2. Lithology map with veins and samples over 1g/t Au within the project; Apacheta and Pillune areas.
Next Steps:
With this latest exceptional assay data, Element79 is poised for strategic advancement. These results transcend routine exploration work, they are pivotal markers demonstrating the Lucero project’s tangible promise and potential, serving as the bedrock for our forthcoming drill plans and resource estimation.
“As we delve deeper into both contemporary and historical data, we witness the unfolding story of Lucero’s vast potential,” said James Tworek, CEO and Director of Element79. “Harnessing the comprehensive dataset will allow Element79 to set new standards in its exploration methodology.”
Qualified Person
The technical information in this release has been reviewed and verified by Neil Pettigrew, M.Sc., P. Geo., Director of Element79 Gold and a "qualified person" as defined by National Instrument 43-101.
About Element79 Gold Corp.
Element79 Gold is a mining company focused on gold and silver committed to maximizing shareholder value through responsible mining practices and sustainable development of its projects. Element79 Gold's focus is on developing its past-producing, high-grade gold and silver mine, the Lucero project located in Arequipa, Peru, with the intent to restart production in 2024.
The Company also holds a portfolio of 5 properties along the Battle Mountain trend in Nevada, with the Clover and West Whistler projects believed to have significant potential for near-term resource development. Three properties in the Battle Mountain Portfolio are under contract for sale to Valdo Minerals Ltd., with an anticipated closing date in the first half of 2024.
The Company has an option to acquire a 100% interest in the Dale Property, 90 unpatented mining claims located approximately 100 km southwest of Timmins, Ontario, and has recently announced that it has transferred this project to its wholly owned subsidiary, Synergy Metals Corp, and is advancing through the Plan of Arrangement spin-out process.
For more information about the Company, please visit www.element79.gold
Contact Information
For corporate matters, please contact:
James C. Tworek, Chief Executive Officer
E-mail: [jt@element79gold.com](mailto:jt@element79gold.com)
For investor relations inquiries, please contact:
Investor Relations Department
Phone: +1.403.850.8050
E-mail: [investors@element79.gold](mailto:investors@element79.gold)

Additional High-Grade Values Continue to Support the Project’s Robust Potential
VANCOUVER, BC / TheNewswire / May 14, 2024 – Element79 Gold Corp. (CSE: ELEM) (OTC: ELMGF) (FSE: 7YS)("Element79", the "Company”) reports additional assay results from underground sampling at its flagship Lucero property, Peru, including samples up to 98 g/t gold and 2,034 g/t silver (sample 2508).
​
https://preview.redd.it/xtf0u4u06n0d1.png?width=461&format=png&auto=webp&s=6aa982f9714c3109e2497d39ae6532336d38b6ec
Key Highlights:
Significant Mineral Endowment : A total of 455 samples underground channel samples have been collected from this latest phase, representing nearly 600 kg (620kg) of mineralization and 650 kg of wall rock, underwent comprehensive analysis by our partners at Ore Discovery and unveiled significant exploration potential. Notably, results in 115 samples returned substantial values in gold (Au) (ranging from 1.0 g/t to 98.1 g/t), silver (Ag) (ranging from 0.7 g/t to 3,026 g/t), lead (Pb) (as high as 2.0%) and zinc (Zn) (up to 3.5%), highlighting the robust potential of Lucero’s mineral endowment.
High-Grade Mineralization: Among these, 17 samples exhibited gold values surpassing 10 g/t, with 8 samples exceeding 20 g/t, and 51 samples boasting silver values exceeding 100 g/t Ag. Of particular significance are 15 high-grade samples with values ranging from 12.65g/t to an impressive 98.1g/t of Au, and remarkable silver values of 62.1 g/t to 3,026 g/t and up 3.24% Zn. These findings reaffirm the potential for exceptional high-grade mineralization.
Geochemistry total Statistics: Total of 455 samples, 58% has grades over 0.1 g/t Au; 26% has grades over 1 g/t Au; and 9% has grades over 5 g/t Au. Notably most of grades below 0.1 g/t Au correspond to wall rock (foot or hanging wall).
Table 1. Channel Sample gold grade statistics
​
https://preview.redd.it/zohrs90z6n0d1.jpg?width=285&format=pjpg&auto=webp&s=d62749f4c338e179710c33a6e541196106fd42d0
Table 2. Samples returning >5.0 g/t gold from underground channel sampling.
​
https://preview.redd.it/fi56swd07n0d1.jpg?width=809&format=pjpg&auto=webp&s=738fc3d60d0ecd6658310059da041484292379a4
https://preview.redd.it/azg9vyd07n0d1.jpg?width=806&format=pjpg&auto=webp&s=68f8aa0b7506dea45280ce148c1de6d25f3545d3
https://preview.redd.it/8irurae07n0d1.jpg?width=800&format=pjpg&auto=webp&s=91bf4e0f3e6ae79d845502c650bb95e498ed0fc3
Figure 1. Winter 2024 sample locations (this new release, red stars) and fall 2023 Sample locations (yellow stars) which were previously released (see news release April 23, 2023) mapped workings (crosses), with selected samples highlighted (black 2024 and grey 2023).
​
https://preview.redd.it/ytyz2vn17n0d1.jpg?width=800&format=pjpg&auto=webp&s=53ec30d640e4c9855224ab9f3680323d7dce3900
Figure 2. Lithology map with veins and samples over 1g/t Au within the project; Apacheta and Pillune areas.
Next Steps:
With this latest exceptional assay data, Element79 is poised for strategic advancement. These results transcend routine exploration work, they are pivotal markers demonstrating the Lucero project’s tangible promise and potential, serving as the bedrock for our forthcoming drill plans and resource estimation.
“As we delve deeper into both contemporary and historical data, we witness the unfolding story of Lucero’s vast potential,” said James Tworek, CEO and Director of Element79. “Harnessing the comprehensive dataset will allow Element79 to set new standards in its exploration methodology.”
Qualified Person
The technical information in this release has been reviewed and verified by Neil Pettigrew, M.Sc., P. Geo., Director of Element79 Gold and a "qualified person" as defined by National Instrument 43-101.
About Element79 Gold Corp.
Element79 Gold is a mining company focused on gold and silver committed to maximizing shareholder value through responsible mining practices and sustainable development of its projects. Element79 Gold's focus is on developing its past-producing, high-grade gold and silver mine, the Lucero project located in Arequipa, Peru, with the intent to restart production in 2024.
The Company also holds a portfolio of 5 properties along the Battle Mountain trend in Nevada, with the Clover and West Whistler projects believed to have significant potential for near-term resource development. Three properties in the Battle Mountain Portfolio are under contract for sale to Valdo Minerals Ltd., with an anticipated closing date in the first half of 2024.
The Company has an option to acquire a 100% interest in the Dale Property, 90 unpatented mining claims located approximately 100 km southwest of Timmins, Ontario, and has recently announced that it has transferred this project to its wholly owned subsidiary, Synergy Metals Corp, and is advancing through the Plan of Arrangement spin-out process.
For more information about the Company, please visit www.element79.gold
Contact Information
For corporate matters, please contact:
James C. Tworek, Chief Executive Officer
E-mail: [jt@element79gold.com](mailto:jt@element79gold.com)
For investor relations inquiries, please contact:
Investor Relations Department
Phone: +1.403.850.8050
E-mail: [investors@element79.gold](mailto:investors@element79.gold)

Additional High-Grade Values Continue to Support the Project’s Robust Potential
VANCOUVER, BC / TheNewswire / May 14, 2024 – Element79 Gold Corp. (CSE: ELEM) (OTC: ELMGF) (FSE: 7YS)("Element79", the "Company”) reports additional assay results from underground sampling at its flagship Lucero property, Peru, including samples up to 98 g/t gold and 2,034 g/t silver (sample 2508).
​
https://preview.redd.it/cdylxwjf3n0d1.png?width=461&format=png&auto=webp&s=7be3d33b27a1b765222768f79a56a9033e0a82c3
Key Highlights:
Significant Mineral Endowment : A total of 455 samples underground channel samples have been collected from this latest phase, representing nearly 600 kg (620kg) of mineralization and 650 kg of wall rock, underwent comprehensive analysis by our partners at Ore Discovery and unveiled significant exploration potential. Notably, results in 115 samples returned substantial values in gold (Au) (ranging from 1.0 g/t to 98.1 g/t), silver (Ag) (ranging from 0.7 g/t to 3,026 g/t), lead (Pb) (as high as 2.0%) and zinc (Zn) (up to 3.5%), highlighting the robust potential of Lucero’s mineral endowment.
High-Grade Mineralization: Among these, 17 samples exhibited gold values surpassing 10 g/t, with 8 samples exceeding 20 g/t, and 51 samples boasting silver values exceeding 100 g/t Ag. Of particular significance are 15 high-grade samples with values ranging from 12.65g/t to an impressive 98.1g/t of Au, and remarkable silver values of 62.1 g/t to 3,026 g/t and up 3.24% Zn. These findings reaffirm the potential for exceptional high-grade mineralization.
Geochemistry total Statistics: Total of 455 samples, 58% has grades over 0.1 g/t Au; 26% has grades over 1 g/t Au; and 9% has grades over 5 g/t Au. Notably most of grades below 0.1 g/t Au correspond to wall rock (foot or hanging wall).
Table 1. Channel Sample gold grade statistics
​
https://preview.redd.it/z6rbj7gu5n0d1.jpg?width=285&format=pjpg&auto=webp&s=6f2090160efd8bf9b3443f151e138f37c8a89d28
Table 2. Samples returning >5.0 g/t gold from underground channel sampling.
​
https://preview.redd.it/4uyceenw5n0d1.jpg?width=809&format=pjpg&auto=webp&s=a1289fcb372b78a67bb5f62bc95a0f048535df5b
https://preview.redd.it/mrhlprnw5n0d1.jpg?width=806&format=pjpg&auto=webp&s=fb8354f64bdeb15831ad2599392e7bb03a37036e
https://preview.redd.it/vnouttnw5n0d1.jpg?width=800&format=pjpg&auto=webp&s=b177828053212cd2059bcbc45c1f54390869d5ac
Figure 1. Winter 2024 sample locations (this new release, red stars) and fall 2023 Sample locations (yellow stars) which were previously released (see news release April 23, 2023) mapped workings (crosses), with selected samples highlighted (black 2024 and grey 2023).
​
https://preview.redd.it/l6m3o24y5n0d1.jpg?width=800&format=pjpg&auto=webp&s=3435b71f5d52e80b314c1d4a7927e58c9c799840
Figure 2. Lithology map with veins and samples over 1g/t Au within the project; Apacheta and Pillune areas.
Next Steps:
With this latest exceptional assay data, Element79 is poised for strategic advancement. These results transcend routine exploration work, they are pivotal markers demonstrating the Lucero project’s tangible promise and potential, serving as the bedrock for our forthcoming drill plans and resource estimation.
“As we delve deeper into both contemporary and historical data, we witness the unfolding story of Lucero’s vast potential,” said James Tworek, CEO and Director of Element79. “Harnessing the comprehensive dataset will allow Element79 to set new standards in its exploration methodology.”
Qualified Person
The technical information in this release has been reviewed and verified by Neil Pettigrew, M.Sc., P. Geo., Director of Element79 Gold and a "qualified person" as defined by National Instrument 43-101.
About Element79 Gold Corp.
Element79 Gold is a mining company focused on gold and silver committed to maximizing shareholder value through responsible mining practices and sustainable development of its projects. Element79 Gold's focus is on developing its past-producing, high-grade gold and silver mine, the Lucero project located in Arequipa, Peru, with the intent to restart production in 2024.
The Company also holds a portfolio of 5 properties along the Battle Mountain trend in Nevada, with the Clover and West Whistler projects believed to have significant potential for near-term resource development. Three properties in the Battle Mountain Portfolio are under contract for sale to Valdo Minerals Ltd., with an anticipated closing date in the first half of 2024.
The Company has an option to acquire a 100% interest in the Dale Property, 90 unpatented mining claims located approximately 100 km southwest of Timmins, Ontario, and has recently announced that it has transferred this project to its wholly owned subsidiary, Synergy Metals Corp, and is advancing through the Plan of Arrangement spin-out process.
For more information about the Company, please visit www.element79.gold
Contact Information
For corporate matters, please contact:
James C. Tworek, Chief Executive Officer
E-mail: [jt@element79gold.com](mailto:jt@element79gold.com)
For investor relations inquiries, please contact:
Investor Relations Department
Phone: +1.403.850.8050
E-mail: [investors@element79.gold](mailto:investors@element79.gold)

Additional High-Grade Values Continue to Support the Project’s Robust Potential
VANCOUVER, BC / TheNewswire / May 14, 2024 – Element79 Gold Corp. (CSE: ELEM) (OTC: ELMGF) (FSE: 7YS)("Element79", the "Company”) reports additional assay results from underground sampling at its flagship Lucero property, Peru, including samples up to 98 g/t gold and 2,034 g/t silver (sample 2508).
​
https://preview.redd.it/g9b4lcg93n0d1.png?width=461&format=png&auto=webp&s=3118f1eb768b661925e7499f837b1af137380069
Key Highlights:
Significant Mineral Endowment : A total of 455 samples underground channel samples have been collected from this latest phase, representing nearly 600 kg (620kg) of mineralization and 650 kg of wall rock, underwent comprehensive analysis by our partners at Ore Discovery and unveiled significant exploration potential. Notably, results in 115 samples returned substantial values in gold (Au) (ranging from 1.0 g/t to 98.1 g/t), silver (Ag) (ranging from 0.7 g/t to 3,026 g/t), lead (Pb) (as high as 2.0%) and zinc (Zn) (up to 3.5%), highlighting the robust potential of Lucero’s mineral endowment.
High-Grade Mineralization: Among these, 17 samples exhibited gold values surpassing 10 g/t, with 8 samples exceeding 20 g/t, and 51 samples boasting silver values exceeding 100 g/t Ag. Of particular significance are 15 high-grade samples with values ranging from 12.65g/t to an impressive 98.1g/t of Au, and remarkable silver values of 62.1 g/t to 3,026 g/t and up 3.24% Zn. These findings reaffirm the potential for exceptional high-grade mineralization.
Geochemistry total Statistics: Total of 455 samples, 58% has grades over 0.1 g/t Au; 26% has grades over 1 g/t Au; and 9% has grades over 5 g/t Au. Notably most of grades below 0.1 g/t Au correspond to wall rock (foot or hanging wall).
Table 1. Channel Sample gold grade statistics
​
https://preview.redd.it/f1s8bwfa3n0d1.jpg?width=285&format=pjpg&auto=webp&s=96a1807c5c3f196cb8ffba52250a54e2964e525f
Table 2. Samples returning >5.0 g/t gold from underground channel sampling.
​
https://preview.redd.it/renw3plb3n0d1.jpg?width=809&format=pjpg&auto=webp&s=9eeb475b30aab4924d003b618c99107b001f8950
https://preview.redd.it/vb07cslb3n0d1.jpg?width=806&format=pjpg&auto=webp&s=565da48b10ff1b73fea332eb88540f6f91063672
https://preview.redd.it/rq33gvlb3n0d1.jpg?width=800&format=pjpg&auto=webp&s=899e5bc816cca68f55a2e6d1f49dca34ecf6220b
Figure 1. Winter 2024 sample locations (this new release, red stars) and fall 2023 Sample locations (yellow stars) which were previously released (see news release April 23, 2023) mapped workings (crosses), with selected samples highlighted (black 2024 and grey 2023).
​
https://preview.redd.it/bkva7kkc3n0d1.jpg?width=800&format=pjpg&auto=webp&s=60e72438a77cc353440c2c41f103d4f4fc3fecdc
Figure 2. Lithology map with veins and samples over 1g/t Au within the project; Apacheta and Pillune areas.
Next Steps:
With this latest exceptional assay data, Element79 is poised for strategic advancement. These results transcend routine exploration work, they are pivotal markers demonstrating the Lucero project’s tangible promise and potential, serving as the bedrock for our forthcoming drill plans and resource estimation.
“As we delve deeper into both contemporary and historical data, we witness the unfolding story of Lucero’s vast potential,” said James Tworek, CEO and Director of Element79. “Harnessing the comprehensive dataset will allow Element79 to set new standards in its exploration methodology.”
Qualified Person
The technical information in this release has been reviewed and verified by Neil Pettigrew, M.Sc., P. Geo., Director of Element79 Gold and a "qualified person" as defined by National Instrument 43-101.
About Element79 Gold Corp.
Element79 Gold is a mining company focused on gold and silver committed to maximizing shareholder value through responsible mining practices and sustainable development of its projects. Element79 Gold's focus is on developing its past-producing, high-grade gold and silver mine, the Lucero project located in Arequipa, Peru, with the intent to restart production in 2024.
The Company also holds a portfolio of 5 properties along the Battle Mountain trend in Nevada, with the Clover and West Whistler projects believed to have significant potential for near-term resource development. Three properties in the Battle Mountain Portfolio are under contract for sale to Valdo Minerals Ltd., with an anticipated closing date in the first half of 2024.
The Company has an option to acquire a 100% interest in the Dale Property, 90 unpatented mining claims located approximately 100 km southwest of Timmins, Ontario, and has recently announced that it has transferred this project to its wholly owned subsidiary, Synergy Metals Corp, and is advancing through the Plan of Arrangement spin-out process.
For more information about the Company, please visit www.element79.gold
Contact Information
For corporate matters, please contact:
James C. Tworek, Chief Executive Officer
E-mail: [jt@element79gold.com](mailto:jt@element79gold.com)
For investor relations inquiries, please contact:
Investor Relations Department
Phone: +1.403.850.8050
E-mail: [investors@element79.gold](mailto:investors@element79.gold)

Additional High-Grade Values Continue to Support the Project’s Robust Potential
VANCOUVER, BC / TheNewswire / May 14, 2024 – Element79 Gold Corp. (CSE: ELEM) (OTC: ELMGF) (FSE: 7YS)("Element79", the "Company”) reports additional assay results from underground sampling at its flagship Lucero property, Peru, including samples up to 98 g/t gold and 2,034 g/t silver (sample 2508).
​
https://preview.redd.it/4z9dkuzp2n0d1.png?width=461&format=png&auto=webp&s=7a353e727c6cb1f76b35cae3ff20334af7f556f2
Key Highlights:
Significant Mineral Endowment : A total of 455 samples underground channel samples have been collected from this latest phase, representing nearly 600 kg (620kg) of mineralization and 650 kg of wall rock, underwent comprehensive analysis by our partners at Ore Discovery and unveiled significant exploration potential. Notably, results in 115 samples returned substantial values in gold (Au) (ranging from 1.0 g/t to 98.1 g/t), silver (Ag) (ranging from 0.7 g/t to 3,026 g/t), lead (Pb) (as high as 2.0%) and zinc (Zn) (up to 3.5%), highlighting the robust potential of Lucero’s mineral endowment.
High-Grade Mineralization: Among these, 17 samples exhibited gold values surpassing 10 g/t, with 8 samples exceeding 20 g/t, and 51 samples boasting silver values exceeding 100 g/t Ag. Of particular significance are 15 high-grade samples with values ranging from 12.65g/t to an impressive 98.1g/t of Au, and remarkable silver values of 62.1 g/t to 3,026 g/t and up 3.24% Zn. These findings reaffirm the potential for exceptional high-grade mineralization.
Geochemistry total Statistics: Total of 455 samples, 58% has grades over 0.1 g/t Au; 26% has grades over 1 g/t Au; and 9% has grades over 5 g/t Au. Notably most of grades below 0.1 g/t Au correspond to wall rock (foot or hanging wall).
Table 1. Channel Sample gold grade statistics
​
https://preview.redd.it/opravvlu2n0d1.jpg?width=285&format=pjpg&auto=webp&s=931bcbfd0079d559cf889e7969e1e5648f18d63e
Table 2. Samples returning >5.0 g/t gold from underground channel sampling.
​
https://preview.redd.it/mhw8yukx2n0d1.jpg?width=809&format=pjpg&auto=webp&s=dd3c80c313e75fc57c97800e5de8c3515b019ee1
​
https://preview.redd.it/tczi0op13n0d1.jpg?width=806&format=pjpg&auto=webp&s=eb01091e6000d74fadd73c02066ec61ac0d9f703
https://preview.redd.it/xk8v9vp13n0d1.jpg?width=800&format=pjpg&auto=webp&s=347c2a00e6ff6ebea674eb27ffbc2c607cf991c9
Figure 1. Winter 2024 sample locations (this new release, red stars) and fall 2023 Sample locations (yellow stars) which were previously released (see news release April 23, 2023) mapped workings (crosses), with selected samples highlighted (black 2024 and grey 2023).
​
https://preview.redd.it/01w1apu43n0d1.jpg?width=800&format=pjpg&auto=webp&s=1e0dff112602b14fc6e04d6c85abc19625602c42
Figure 2. Lithology map with veins and samples over 1g/t Au within the project; Apacheta and Pillune areas.
Next Steps:
With this latest exceptional assay data, Element79 is poised for strategic advancement. These results transcend routine exploration work, they are pivotal markers demonstrating the Lucero project’s tangible promise and potential, serving as the bedrock for our forthcoming drill plans and resource estimation.
“As we delve deeper into both contemporary and historical data, we witness the unfolding story of Lucero’s vast potential,” said James Tworek, CEO and Director of Element79. “Harnessing the comprehensive dataset will allow Element79 to set new standards in its exploration methodology.”
Qualified Person
The technical information in this release has been reviewed and verified by Neil Pettigrew, M.Sc., P. Geo., Director of Element79 Gold and a "qualified person" as defined by National Instrument 43-101.
About Element79 Gold Corp.
Element79 Gold is a mining company focused on gold and silver committed to maximizing shareholder value through responsible mining practices and sustainable development of its projects. Element79 Gold's focus is on developing its past-producing, high-grade gold and silver mine, the Lucero project located in Arequipa, Peru, with the intent to restart production in 2024.
The Company also holds a portfolio of 5 properties along the Battle Mountain trend in Nevada, with the Clover and West Whistler projects believed to have significant potential for near-term resource development. Three properties in the Battle Mountain Portfolio are under contract for sale to Valdo Minerals Ltd., with an anticipated closing date in the first half of 2024.
The Company has an option to acquire a 100% interest in the Dale Property, 90 unpatented mining claims located approximately 100 km southwest of Timmins, Ontario, and has recently announced that it has transferred this project to its wholly owned subsidiary, Synergy Metals Corp, and is advancing through the Plan of Arrangement spin-out process.
For more information about the Company, please visit www.element79.gold
Contact Information
For corporate matters, please contact:
James C. Tworek, Chief Executive Officer
E-mail: [jt@element79gold.com](mailto:jt@element79gold.com)
For investor relations inquiries, please contact:
Investor Relations Department
Phone: +1.403.850.8050
E-mail: [investors@element79.gold](mailto:investors@element79.gold)