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ELEMENTOS LTD

ASX: ELT

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Description

Elementos Limited is an Australian-based exploration and development company, listed on the Australian Stock Exchange (ASX: ELT). High grade gold-silver and copper targets are the priority focus of Elementos, which has interests in a portfolio of four properties in three mineral provinces in two countries, Argentina and Australia.

ARGENTINA PROJECTS

The Andes Mountains within western Argentina have a similar geology to the neighboring mining country, Chile, although comparatively less explored and with subsequently greater discovery potential. Elementos' projects are located in San Juan province at low altitudes in the Andean foothills , with well established infrastructure and lower overheads compared to higher Andes projects.

San Juan Province is one of the most attractive destinations for mining and exploration in Argentina due to its suitable geology and mineral prospectivity, strongly pro-mining policies and rapidly developing infrastructure. The region hosts a number of world class mining operations including Veladero and Gualcamayo, and advanced stage development projects including Pascua-Lama, Casposo, Los Azules, Altares and El Pachon.

The Company has a mix of major large scale copper/gold porphyry targets at Santo Domingo and high grade gold-silver epithermal vein mineralisation at Manantiales.

Santo Domingo is an exposed copper/gold/molybdenum style porphyry system. Three major alteration zones identified with anomalous surface mineralisation. Porphyry targets are often very large; potentially in the range 0.5-1.0 billion tonnes of mineralisation.

Manantiales is located within a epithermal gold district, adjoining and immediately to the north of Casposo a gold-silver development. Manantiales shares a similar geological and mineralisation environment to Casposo. Rock chip sampling has identified two main target zones with some exceptionally high gold-silver grades.

AUSTRALIAN PROJECTS

Elementos is focused on the Mt Isa Inlier in Queensland and New England Fold Belt in northern New South Wales.

The Mt Isa Inlier is one of the most significant gold and base metal producing districts worldwide, host to many world-class copper/gold and lead/silver/zinc orebodies, including Mt Isa, Hilton, George Fischer, Cannington and Ernest Henry. Recent major discoveries include Merlin and Rocklands, which prove the continued potential of the district. The district has established mining, transportation and processing infrastructure in close proximity to the major regional centres of Cloncurry and Mt Isa.

The New England Fold Belt is an emerging minerals province, which, in the past, has been a significant production area for gold, tin and base metals. Although previously relatively unexplored, the area is receiving increased attention through the application of new geological theory and exploration techniques.

Mine For

gold, silver, copper

Location of operation(s)

Argentina, New South Wales, Queensland

Address

Level 1 349 Coronation Dve
BRISBANE, 4000, Australia

Phone

(61 7) 3871 3985

Email

Website


Last Updated

13/12/2011

 

The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.