Elementos Limited's (ASX: $ELT) Cleveland Tin Project Update

Elementos Limited (ASX: $ELT) has intersected un-targeted high-grade copper and gold mineralisation at its Cleveland Tin Project in Tasmania. The diamond drill hole C2123, originally planned for targeting extensions to known tin, copper, tungsten, and fluorite mineralisation, intersected a narrow zone of high-grade stratiform copper sulphide and gold mineralisation at a downhole depth of 111.0m.

Managing Director's Commentary on Cleveland Tin Project Update

This un-targeted high-grade copper and gold drilling intercept confirms Elementos' understanding that the Cleveland Project is a highly mineralised project with high prospectivity for further mineralisation existing outside the defined Mineral Resources. Whilst we were not currently focussed on exploring for gold or copper, these results demand further evaluation which we will conduct following the completion of the hole. Elementos remains focussed on continuing the drilling towards our Tin, Copper & Tungsten Mineral Resources. The company will explore for extensions to the semi-massive sulphide mineralisation by carrying out a downhole electromagnetic survey on hole C2123 upon the completion of the Foleys Zone deep diamond drill hole. We also remain enthused at the potential for further mineralisation to be intersected before reaching the tungsten targets.

Summary of Elementos Limited's Cleveland Tin Project Update

Elementos Limited (ASX: $ELT) has reported the intersection of un-targeted high-grade copper and gold mineralisation at its Cleveland Tin Project in Tasmania. The unexpected discovery in drill hole C2123, which was originally planned for targeting extensions to known tin, copper, tungsten, and fluorite mineralisation, has revealed a narrow zone of high-grade stratiform copper sulphide and gold mineralisation at a downhole depth of 111.0m. The company's Managing Director, Joe David, expressed the significance of this intercept, highlighting the project's high prospectivity for further mineralisation outside the defined Mineral Resources. Elementos remains committed to exploring for extensions to the semi-massive sulphide mineralisation and is optimistic about the potential for further mineralisation to be intersected before reaching the tungsten targets.