Elementos Limited (ASX:ELT) has defined an exploration target for the Oropesa Tin Project in Spain of 35.5 – 51 million tonnes at a grade ranging between 0.46% and 0.62% tin.
The exploration target has been accessed on prospective stratigraphy in the vicinity of the existing Oropesa JORC mineral resource.
Exploration target results
The target was restricted to a depth of 150 metres from surface with results including 51 million tonnes at a grade of 0.62% for the upper range.
The lower range recorded 35.5 million tonnes at 0.46%.
Global mineral resource estimate
The total measured and indicated resource included 9.34 million tonnes at 0.55% with 50,905 tonnes of contained tin.
Replacement ore body with sulphides
The Oropesa tin mineralisation occurs as a replacement-style orebody associated with sulphides, predominantly pyrite and pyrrhotite within a sedimentary sequence.
Widespread folding of the sedimentary sequence has resulted in the mineralised sequence being overturned and tightly folded being repeated in places.
The project area contains a number of parallel induced polarisation (IP) anomalies, of which the central IP anomaly has undergone intensive diamond drilling.
Exploration drilling program
A detailed exploration drilling program is planned to test IP anomalies with priority drill targets along strike and to the north from the existing resource.
The targets are also in areas earmarked for infrastructure of the proposed mine development which is under application from the regulatory Andalucian authorities.
- Jessica Cummins