Elementos Limited (AU:ELT) has released an update.
Elementos Limited has recently presented its Optimisation Study for the Oropesa Tin Project, which indicates potential economic viability but also highlights the speculative nature of its mineral resource estimates, with a sizable portion being Inferred Resources. The company is exploring various funding options for the project’s development, including debt and equity, while acknowledging risks and uncertainties inherent in forward-looking statements. No Ore Reserve has been declared yet, and the project’s future relies on successful funding and the achievement of key development milestones.
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