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Staff Writer

Elementos Limited (ASX:ELT) has released new assay results that confirm the significant thickness of a new zone of mineralisation at its wholly-owned, flagship Oropesa Tin Project in Spain.

Hole Expn_53A has confirmed the thickness of the recently identified shallow tin mineralisation zone, whilst holes Expn_008 & Expn_009 have confirmed additional mineralisation and continuity down to a depth of approximately 190m below surface.

Drill assay results from the three drill holes include (cut-off of 0.1% Sn): Expn_53A 30.6m @ 0.22% Sn from 22.2m 9.1m @ 0.16% Sn from 62.0m 10.2m @ 0.25% Sn from 73.4m 1.8m @ 0.33% Sn from 85.5m 6.2m @ 0.19% Sn from 92.6m Expn_008 19.5m @ 0.18% Sn from 70.3m 32.3m @ 0.20% Sn from 161.7m Expn_009 8.1m @ 0.26% Sn from 96.6m 15.8m @ 0.44% Sn from 108.4m 2.6m @ 0.15% Sn from 140.6m 5.7m @ 0.12% Sn from 140.5m 11.9m @ 0.18% Sn from 167.7m 12.9m @ 0.27% Sn from 191.4m

Elementos CEO, Joe David, said the company is nearing the end of the data collection phase of a very successful drilling programme at Oropesa.

These three holes, drilled at the edges of the recently identified new shallow tin zone, confirming the continuity and depth extent of the new zone of mineralisation. The results will play an important role in upgrading the confidence of this zone in the new Mineral Resource Estimate to be released next month,” he said.

“We look forward to receiving the data from the one remaining drill hole to complete this phase of the programme.”

These results follow assay data from 37 drill holes previously reported from this program. Assays from one drill hole remain outstanding.

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