Elementos Limited ( (AU:ELT) ) has provided an update.
Elementos Limited has commenced diamond drilling at its Cleveland Tin Project in Tasmania, targeting copper, gold, silver, and tin. This drilling program aims to explore extensions of high-grade copper-gold mineralization identified in previous surveys. The initiative comes amid a surge in global tin prices, which have risen over 8% due to disruptions in global supply, potentially enhancing the project’s economic viability and strengthening Elementos’ position in the mining sector.
More about Elementos Limited
Elementos Limited is a company operating in the mining industry, focusing on the exploration and development of tin projects. Their primary project is the Cleveland Tin Project located near Waratah, Tasmania, where they are involved in extracting copper, gold, silver, and tin.
YTD Price Performance: -30.0%
Average Trading Volume: 28,000
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $8.36M
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