THE DRILL SERGEANT: Elementos (ASX: ELT) claimed confirmation of further zones of mineralisation at the company’s Oropesa tin project in Spain.
Elementos is undertaking its current drilling and optimisation campaign to increase the confidence of project.
The company recently received Mineral Resource Assays for four diamond drill holes that were completed in April 2021.
These are in addition to 17 diamond drill holes previously reported from this program.
15.1 metres at 0.44 per cent tin from 118.3m;
6.8m at 0.38 per cent tin from 37.4m;
12.9m at 0.18 per cent tin from 45.5m and 4.5m at 0.16 per cent tin from 62m; and
2m at 0.24 per cent tin from 16.3m, 19.2m at 0.18 per cent tin from 37m, 8.7m at 0.26 per cent tin from 61.8m, and 5.5m at 0.41 per cent tin from 88.8m.
“The drilling program is over 67 per cent completed and is on track to complete its objectives,” Elementos chairman Andy Greig said in the company’s ASX announcement.
“The results from drill holes ADD02 and ADD03 will provide strong support for extending the existing mineral resource nearer the surface towards the centre of the deposit.
“The results of this drilling program are eagerly awaited by the company particularly at a time when we are seeing a strong increase in the price of tin.”