Strong Project Fundamentals
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.
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
of Tin & Copper Resources*
@0.63% Sn, 0.25% Cu
(*Indicated & Inferred Mineral Resources JORC 2012)
of Tungsten Resources*
(*Inferred Mineral Resources JORC 2004)