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Elementos Ltd.
Summary
| Project: | Cleveland | |
|---|---|---|
| Deposit: | Cleveland | |
| Location: | Australia | |
| Commodities: | Tin-Copper | |
| Date: | 1/30/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 30-1-2018: Elementos Ltd. announces an Exploration/Drilling Update report for its Cleveland deposit at the Cleveland project. Drilling results incl. 3.9m @ 0.78% Sn, 0.25% Cu from 67.1m. Elementos Limited (ASX: ELT) (“Elementos” or the “Company”) is pleas | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Chris Creagh (Internal) | |
| ABSTRACT: | Elementos Limited (ASX: ELT) (“Elementos” or the “Company”) is pleased to report on progress on the diamond drilling programme at the Cleveland project in northwest Tasmania. A total of fifteen diamond drill holes have been completed. Twelve of the completed drill holes have been targeted at assessing the potential for extensions to the existing open-cut resource with three targeted at testing the ground magnetic anomalies. Drill core samples from six of the completed drill holes have been submitted for analyses. All the core samples submitted to-date are from drill holes targeting extensions to the existing open cut resource. (drill core samples not yet submitted for holes C2109-C2114) Significant intersections from the programme, include. The mineralised zones have a strong presence of disseminated to semi-massive sulphide mineralisation including pyrrhotite (magnetic), pyrite, marmatite (zinc) and chalcopyrite (primary copper mineralisation). The recent exploration activities which have included geological mapping, sampling, geophysics and drilling are the first modern exploration activities undertaken at Cleveland since 1986. The Company is now establishing a more comprehensive understanding of the geology and mineralisation at Cleveland. Elementos Chief Executive Officer, Chris Creagh, commented, “The information being collected from this drilling programme will be beneficial in reviewing the open cut resource and mine development potential of the Cleveland project. This work is scheduled to be carried out upon the completion of the diamond drilling programme” | |
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