For thousands of other reports visit RSC's Mineral Intellingence Map
Elementos Ltd.
Summary
| Project: | Oropesa | |
|---|---|---|
| Deposit: | Oropesa | |
| Location: | Spain | |
| Commodities: | Tin | |
| Date: | 2/4/2019 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 4-2-2019: Elementos Ltd. announces a Resource Estimation report for its Oropesa deposit at the Oropesa project. Amended exploration target for Oropesa project. Elementos Limited (ASX: ELT) (“Elementos” or the “Company”) is pleased to announce it has defin | |
| Resources: | Exploration Target: 35.5Mt - 51.0Mt @ 0.46 - 0.62% Sn | |
| CP/QP: | [Resources]: Chris Creagh (Internal) | |
| ABSTRACT: | Elementos Limited (ASX: ELT) (“Elementos” or the “Company”) is pleased to announce it has defined an Exploration Target* for the Oropesa Tin Project in Spain of between 35.5mt and 51.0mt at a grade ranging between 0.46% to 0.62% tin. The Exploration Target has been assessed on prospective stratigraphy in the immediate vicinity to the existing Oropesa JORC Mineral Resource*1. * The potential quantity and grade of the Exploration Target is conceptual in nature and therefore is an approximation. There has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exploration will result in the estimation of a Mineral Resource. The Company announced Interim Completion of the Arrangement Agreement for the acquisition of the Oropesa Tin Project on 4th January 2019. 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. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report