Elementos Limited (ASX: $ELT) drilling program update

Elementos Limited (ASX: $ELT) has reported the intersection of additional un-targeted high-grade tin and copper mineralisation during its diamond drilling program at the Cleveland Tin Project in Tasmania. The intersections include 1.4m @ 1.0% Sn and 3.76% Cu from 353.7m and 0.73m @ 0.11% Sn & 0.25% Cu from 359.75m. These findings follow a polymetallic intercept announced in June from hole C2123.

Executive commentary on the drilling program

The Managing Director, Joe David, stated that the C2124 hole, over 1,100m, is testing for extensions to the tungsten mineral resource at depth within the Foleys Zone, beneath the Cleveland tin-copper resource. The new un-targeted C2124 intercepts are significant as they are interpreted to likely represent the discovery of a new zone/lens of tin-copper mineralisation, separated yet adjacent to the northwest of the current JORC tin and copper resource. The intercept is located 150m laterally to the northwest of Level 21 of the existing underground infrastructure within the Cleveland Tin Mine.

Summary of Elementos Limited's drilling program update

Elementos Limited's drilling program at the Cleveland Tin Project in Tasmania has revealed significant un-targeted high-grade tin and copper mineralisation. The company's Managing Director, Joe David, highlighted the potential discovery of a new zone/lens of tin-copper mineralisation, separate yet adjacent to the current JORC tin and copper resource. The intercept is located 150m laterally to the northwest of Level 21 of the existing underground infrastructure within the Cleveland Tin Mine. Elementos' Board has authorized the release of this announcement, and the company remains committed to the safe and environmentally conscious exploration, development, and production of its global tin projects.