NEW YORK, May 20, 2015 /PRNewswire/ -- Elementos, Ltd. (OTCBB: ELTLF) an Australian, ASX-listed, diversified metals company, with projects worldwide, including Cleveland, an advanced stage tin-copper and tungsten project in Tasmania, together with a number of prospective copper and gold assets in South America and Australia, recently released a quarterly update on the company's activities during the quarter ended March 31, 2015. The company reported on the progression of the pre-feasibility and scoping studies, including additional metallurgical testing and detailed engineering and design. Significant progress was achieved on the development of the Cleveland mine, including the advancement of the tailings reprocessing pre-feasibility and hard rock scoping studies.
The Cleveland Project incorporates a number of assets including the Cleveland mine which is a relatively shallow, hard-rock tin-copper with a mineral resource of 48,000 tons of contained tin; a tungsten mineral resource containing 12,000 tons of WO3; the Cleveland tailings which include a low-grade tin and copper tailings with a mineral resource of 11,500 tons of contained tin; and a significant package of exploration properties prospective surrounding the historical Cleveland tin-copper mine.
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