Development Strategy


Elementos is developing the Cleveland Project through a staged, low-capital development strategy, which minimises upfront capital, with cash flow funding future stages. This ensures maximum benefit from capital expenditure, delivering optimal value to shareholders.

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Recent announcements of completed Technical Studies confirm a technically achievable and commercially viable project at current spot prices. The 3-staged strategy provides an Integrated Mine Plan, with a mine life of >15 years, which utilises only 53% of current JORC Mineral Resources. With additional resource available, and substantial exploration upside, the project provides the Company a long-life asset (>20yrs), in a low risk jurisdiction. Cleveland is a company-defining asset, which will position the Company to acquire advanced projects as the mining cycle enters an upward trend.


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