Elementos Ltd (ASX:ELT, OTC:ELTLF) has intersected two significant zones of polymetallic mineralisation, which include tin, zinc and copper, within its first exploration drill hole to the northwest of the Oropesa mineral resource in Andalucia, Spain.
The company’s drilling identified semi-massive to massive sulphide mineralisation from 99.2 metres downhole, which was first intersected by a geotechnical drill hole in March last year.
Standout assays include:
- 19.7 metres at 0.12% tin, 0.96% zinc and 0.7% copper from 93.7 metres;
- 2.1 metres at 0.13% tin, 5.28% zinc and 2.81% copper from 99 metres;
- 8.8 metres at 0.23% tin, 1.65% zinc and 1.21% copper from 99 metres; and
- 1 metre at 0.23% tin and 1.83% zinc from 151 metres.
Confidence in exploration potential
Elementos managing director Joe David said the company continued to gain confidence in Oropesa's exploration potential, with further evidence of mineralisation extending north-west of the project’s mineral resource.
“The main Oropesa deposit is not a semi-massive or massive sulphide in nature, so this new polymetallic mineralisation could be due to an alternative hydrothermal event which returned elevated zinc and copper grades but with notably lower tin grades in comparison to the main deposit.
“The drill string failed at 152m depth just as it was entering a second zone of mineralisation, however, we have already completed a re-drill (ADD-4A) of the hole to 189m and look forward to obtaining and reporting a more complete picture of the intersections.
“We will continue to evaluate the exploration drilling results from this northwest area and remain nimble to extend the program in the event that further drilling appears warranted.”
About Oropesa
The Oropesa property represents a 13-square-kilometre concession package situated about 75 kilometres northwest of Cordoba and 180 kilometres northeast of Seville, within the province of Andalucía, in southern Spain.
Elementos currently holds a 100% interest in the Oropesa property with registered title to the property with the Andalucia mining authorities.
The majority of the tin mineralisation at the project is replacement style, primarily occurring in granular sandstones at the contacts between the sandstone and conglomerate units.