Company Overview

Strong Project Fundamentals

check-mark-13x13-hi Experienced management

check-mark-13x13-hi Low Opex Tailings start up

check-mark-13x13-hi Near-term production

check-mark-13x13-hi Low strip ratio open pit

check-mark-13x13-hi Established underground mine

check-mark-13x13-hi Low capital development plan

check-mark-13x13-hi Mining Lease lodged

check-mark-13x13-hi Low risk jurisdiction

check-mark-13x13-hi Government & stakeholder support

check-mark-13x13-hi Onsite power, water & communications

check-mark-13x13-hi Established port & transport route

check-mark-13x13-hi Significant resource upside

The Company

Elementos is a public company listed on the Australian Stock Exchange, which owns 100% of the Cleveland tin, copper and tungsten mine located in northwest Tasmania, Australia. The Company plans to develop the mine in three stages: tailings reprocessing, open pit mining and the redevelopment of the existing underground mine.

With the strong fundamentals of the tin sector, an experienced board and management team, and a low capital development strategy, Elementos is poised to enter production and go on to enjoy substantial and sustainable growth.

Mineral Resources

Tailings Project – Indicated Mineral Resource of 3.85Mt at 0.3% Sn and 0.13% Cu, reported in accordance with JORC Code 2012.

Open Pit Project – Indicated Mineral Resource of 0.8MT at 0.81% Sn and 0.27% Cu, with an Inferred Mineral Resource of 0.01Mt at 0.99% Sn and 0.34% Cu reported in accordance with JORC Code 2012.

Underground Tin & Copper – Indicated Minerals Resource of 4.2Mt at 0.67% Sn and 0.28% Cu, with an Inferred Mineral Resource of 2.4Mt at 0.56% Sn and 0.19% Cu reported in accordance with JORC Code 2012.

Underground Tungsten – Inferred Mineral Resource of 4Mt at 0.3% WO3 reported in accordance with JORC Code 2004.

(This information was prepared and first disclosed under the JORC Code 2004 and has not been updated since to comply with the JORC Code 2012 on the basis that the information has not materially changed since it was last reported).

Cleveland Underground Mine

6.6M tonnes

of Tin & Copper Resources*

@0.63% Sn, 0.25% Cu

(*Indicated & Inferred Mineral Resources JORC 2012)

plus

4M tonnes 

of Tungsten Resources*

@0.30% WO3

(*Inferred Mineral Resources JORC 2004)

%

Of the known mineralisation only 43% has been mined