Elementos Limited (AU:ELT) has released an update.
Elementos Limited has reported an unexpected discovery of high-grade copper and gold mineralization in a new zone at its Cleveland Tin Project in Tasmania. The findings, from a diamond drill hole at a depth of 111 meters, demonstrate potential for mineralization beyond the known resources, with significant copper and gold grades of 9.7% and 5.15g/t respectively. The company plans to conduct further evaluation after the completion of the current drilling program.
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