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Elementos Ltd.

opaxe

Summary

Project:

Oropesa

Deposit:Oropesa
Location:Spain
Commodities:Tin
Date:2/1/2019
Report Code:JORC
Report Type:Resource Estimation
Project Stage:Pursuing Resource Increase/Upgrade
Report details:1-2-2019: Elementos Ltd. announces a Resource Estimation report for its Oropesa deposit at the Oropesa project. Exploration target for Oropesa project. he Oropesa tin mineralisation (cassiterite with minor stannite) occurs as a replacement style orebod
Resources:Exploration Target: 35.5Mt - 51.0Mt @ 0.46 - 0.62% Sn
CP/QP:[Resources]: Chris Creagh (Internal)
ABSTRACT:he Oropesa tin mineralisation (cassiterite with minor stannite) occurs as a replacement style orebody associated with sulphides, predominantly pyrite and pyrrhotite within a sedimentary sequence at the contact between sandstone and conglomerate units. Widespread folding of the sedimentary sequence has resulted in the mineralised sequence being overturned and tightly folded (recumbent folds), being repeated in places. The Oropesa JORC resource is defined geophysically by an Induced Polarization (IP) chargeability anomaly. The IP survey was carried out in 2011. The Oropesa project area contains a number of parallel IP anomalies, of which only the central IP anomaly has undergone intensive diamond drilling. Detailed drilling of the central IP anomaly has provided sufficient data to build a geological model on which the current Oropesa resource is based, but also provides sufficient data to be able to assess the potential of the Oropesa project to host additional tin resources. A small number of drill holes were targeted at some of the additional IP anomalies during the early exploration phase but were predominantly oriented in the wrong direction to intersect the main mineralisation system at Oropesa.

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