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Elementos Limited ( (AU:ELT) ) just unveiled an update.
Elementos Limited has announced the identification of a significant shallow target containing copper, gold, silver, and zinc at their Cleveland Tin Project, following a downhole electromagnetic survey. The target, located approximately 70 meters below the surface, is supported by multiple geophysical datasets suggesting it could extend over 150 meters in strike length. The company plans to conduct follow-up drilling to determine the target’s thickness and orientation, potentially impacting their strategic focus and offering new exploration opportunities.
More about Elementos Limited
Elementos Limited is a company in the mining industry, primarily focusing on the extraction of minerals such as tin. They are actively involved in projects that explore and develop mineral resources, with a particular emphasis on enhancing their mineral extraction capabilities to remain competitive in the market.
YTD Price Performance: 6.00%
Average Trading Volume: 19,000
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $9.12M
Learn more about ELT stock on TipRanks’ Stock Analysis page.
