Elemental Minerals (ELM)

Shares / Stock Code

ELM

Stock Exchange / Sharemarket

Australian Securities Exchange

Elemental Minerals Limited (ELM) is an exploration company with tenements in Western Australia. Key projects are the Kimberley Project and the Forrestania Project, which are prospective for uranium, gold and nickel. ELM was formed in February 2004 and listed on the ASX on 21st September, 2005.

The companies major project is its 93% owned Sintoukola Potash Project. The Sintoukola Potash project is situated on the coast of the Republic of Congo, 60 kilometres to the north of the West African port of Pointe Noire. The Forrestania tenements are located approximately 140 kolometers east of Hyden, proximal to the Lake Johnston Greenstone Belt in Western Australia. The Forrestania project comprises two granted exploration licenses E63/880 and E63/881, covering a total of 64 blocks.

Historically 16 exploration holes were sunk into the project area by previous explorers which identified both Slyvinite and Caranalitite mineralisation situated at depths varying from 275 to 1,000 metres (shallow by international comparisons). The company intends to commence exploration activities on the project in January 2010.

The Kimberley project covers one of the largest sill complexes in the world. The geographical setting of this project is similar to that of Noril'sk, one of the larger mineral deposits in the world. As an explorer, ELM has no customers at present. ELM competes with major minerals exploration companies such as RIO and BHP, as well as junior explorers.

Elemental Minerals (ELM) Products and Services

  • Gold and base metal exploration

Elemental Minerals (ELM) Locations and Subsidiaries

Elemental Minerals Head Office
37 Colin Street,
WEST PERTH, WA 6005
Phone: (08) 9322 2700
Fax: (08) 9322 7211

Elemental Minerals (ELM) Share Price

Submitted by ASX Listed Company on 19 March, 2010 - 00:45

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