Elementos Ltd (ASX:ELT, OTC:ELTLF) has returned another strong shallow intersection of 82.7 metres at 0.27% tin from 11.3 metres at the flagship Oropesa Tin Project in Spain with the possibility that it links other previously defined zones of mineralisation.
The result from drill hole Expn_061A included 18 metres at 0.39% from 11.3 metres and 37.5 metres at 0.30% from 56.5 metres.
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Geological interpretation validated
ELT chief executive officer Joe David said the drill hole assays were material to the project due to the shallowness, significant mineralisation and location outside the previously released mineral resource estimate in 2018.
“Drill hole Expn_061A is located 58 metres along strike to the northwest of the mineralisation in drill hole Expn_055A announced last week," he said.
“This assay data adds further significance to the existence and continuity of a new shallow tin mineralisation zone, near surface, and towards the centre of the previously reported mineral resource at Oropesa.
“These results continue to validate the geological interpretation and understanding that the Elementos project team has of the Oropesa tin deposit and we look forward to the receipt of the remaining seven drill holes, located along strike or down dip, to confirm the full extent and grades of this mineralisation zone.”
Location of drill holes with reported assay data as at August 30 from the exploration drilling program at the Oropesa Tin Project.
These results follow assay data from 34 drill holes previously reported from this program.
Assays from seven drill holes remain outstanding.
On August 24 Elementos intersected 24.8 metres at 0.35% tin from 3.8 metres, including 12.3 metres at 0.53% tin from 5.2 metres from drillhole Expn_055A.