Slide 1: New Funding to Fast-track the 2011 Exploration and Acquisition Program
For personal use only INVESTOR PRESENTATION New Funding g to Fast-track the 2011 Exploration and Acquisition Program 10 January J 2011 ASX Code: ELT
Slide 2: Corporate Overview
Corporate Overview For personal use only Australian based, ASX-listed, exploration company exploring for copper and gold in world class mineral provinces in Argentina and Australia Ordinary shares¹ 81.8 million Unlisted options 10.3 million Share price² A$0.32 Market cap. A$26 million C h³ Cash³ A$1
Slide 3: Capital Raising
Capital Raising For personal use only • Capital raising to fast-track an aggressive exploration and acquisition program including: • Private placement to strategic investors raising $3.6M • Existing shareholders to participate through a $3.6M, pro-rata, non- renounceable rights issue on a 1:4.48 1:4
Slide 4: New Capital Structure
New Capital Structure For personal use only Ordinary shares pre-raising 54 million - 15% placement to Andes Investors¹ 8.1 million - Additional private placement placement² 5 8 million 5.8 - Proposed rights issue3 13.9 million Total ordinary shares 81.8 million Market capitalisation @ $0.32/s A$26 m
Slide 5: Rights Issue Timetable
Rights Issue Timetable For personal use only Rights issue prospectus lodged with ASIC/ASX 17 January Notice N ti with ith information i f ti on Ri Rights ht Issue I sentt to t 21 January shareholders Shares commence trading on ASX on an ex rights basis 24 January Record date for participation in rig
Slide 6: A Clear Strategy
A Clear Strategy For personal use only Elementos’ vision is to create shareholder value through the exploration and discovery of economic mineral deposits, and realise this value through development 1. Targeting resources in world class mineral provinces • Andes mountains • Mt Isa Inlier 2. Focused
Slide 7: Projects
Projects For personal use only Four projects in three mineral provinces in two countries Australia – Mt Isa Inlier Argentina – San Juan World class Cu/Au/Pb/Zn province World class Au/Cu province Millenium copper-cobalt project Manantiales low-sulphidation epithermal Consolidating tenement
Slide 8: San Juan Province
San Juan Province For personal use only r n r o q t p s n http://www yamana.com/Operations/ProducingMines/Gualcamayo/default.aspx sTroy Resources NL: Technical Report Casposo Project, May 2010 o http://www minandes.com/s/LosAzules.asp t www peregrinemetals.ca p http://www xstratacopper.com/EN/Operat
Slide 9: Manantiales: Emerging gold district
Manantiales For personal use only Emerging gold district • Large district of gold-silver epithermal vein mineralisation • Low level of modern exploration • ELT tenement t t holdings h ldi – 97 km² k ² • Adjacent to Casposo project: • ~0.4Moz ~0 4Moz Au & 17Moz Ag resource(1) • 400,000 tonne per year
Slide 10: Manantiales: ELT's first year exploration activities
Manantiales For personal use only ELT’s first year y exploration activities • Early-stage focus on Manantial and Julieta Norte vein targets • Drill tested the Manantial and Julieta Norte veins in August 2010 • New targets at La Puerta and Manrique
Slide 11: Manantiales: 2010 drilling program
Manantiales For personal use only 2010 drilling program • 19 hole (1,600m) diamond drill program completed Oct 2010 • High-grade gold-silver zone commencing 49 metres below surface • Strike length of 80m N-S, widths 4.5-12.5m increasing with depth
Slide 12: High-grade gold-silver vein at Manantial
Manantiales For personal use only High-grade gold-silver vein at Manantial • Deeper p holes: 19, 14 and 2 intersected high g ggrade gold g zone • System open to the north and south along strike and to depth • Potential for a large epithermal system at depth
Slide 13: Manantiales: New phase of drilling
Manantiales For personal use only New phase of drilling • 3000m drilling program proposed 2Q calendar 2011 • Three targets – Manantial, Julietta Norte, and La Puerta • Regional target generation – La Puerta group and Manrique
Slide 14: Santo Domingo: Potentially major new minerals district
Santo Domingo g For personal use only Potentially major new minerals district • Tenement package – 250 km² • Two hour drive east of San Juan • Well supported by infrastructure • Option to Purchase re-negotiated in Oct 2010 and extended another five years • Historical mining district • Limited Li it
Slide 15: Santo Domingo: Emerging as a new mineralised district
Santo Domingo g For personal use only Emerging as a new mineralised district • Two styles of mineralisation identified in the 2010 field season: 1) Yvette high-grade silver-polymetallic veins; and 2) Divisoria gold-copper porphyry • Exploration at El Arriero and Alunita on-going
Slide 16: Santo Domingo: Yvette silver veins
Santo Domingo g For personal use only Yvette silver veins • Low Low-sulphidation sulphidation epithermal silver, lead, zinc and gold veins • Peaks of 3,552g/t Ag, 24% lead, 16% Zinc and 7.3g/t gold • Mineralisation identified over 2.5 kilometre strike length 16
Slide 17: Santo Domingo: Divisoria Au/Cu porphyry system
Santo Domingo g For personal use only Divisoria Au/Cu porphyry system • Widespread disseminated porphyry gold-copper mineralisation • Small high-grade high grade gold-copper-polymetallic gold copper polymetallic veins and breccias • Strong porphyry-related, zoned alteration system • May represent ma
Slide 18: Santo Domingo: On-going exploration activities
Santo Domingo g For personal use only On-going exploration activities • Geophysics program to identify targets at depth • Expand the size of the Yvette and Divisoria mineralisation • Regional exploration across tenement package – 250 km² • Drilling proposed at Yvette 2011
Slide 19: Millenium: World class minerals province
Millenium For personal use only World class minerals province • Copper (Mt Isa), Isa) Silver (Cannington), (Cannington) Zinc/Lead (Mt Isa Isa, Century) • Recent discoveries including Rocklands, Merlin and Barbara • Mining, transport & processing infrastructure 19
Slide 20: Millenium: Consolidating a strategic tenement position
Millenium For personal use only Consolidating a strategic tenement position • Option to acquire five contiguous Mining Licenses • Applied for 248 km² of new exploration tenements • N New tenements t t cover major j structural corridor • Strategy gy to expand p size of the previously drilled copper-c
Slide 21: Cathedral Rocks: Early stage results encouraging
Cathedral Rocks For personal use only Early stage results encouraging • 25 kilometres east of the Hillgrove gold and antinomy mine# • Surface sampling with anomalous gold and base metals • Potential for an intrusion-related gold system # 6.25Mt @ 4.3g/t gold and 1.6% antinomy – www straits.com.au 21
Slide 22: Corporate Development Strategy
Corporate p Development p For personal use only Strategy • Early stage assets in Argentina, Argentina Chile and Peru • Significant geological potential • Attractively priced for ELT shareholders Top mining jurisdictions - Chile and Peru • Geologically prospective • Established regulatory environment
Slide 23: Directors & technical team
Directors & technical team For personal use only Corey Nolan Anthony Neil Stuart Mark Alistair Gustavo Managing McLellan Director McCauley Grahame Delendatti Director Chairman Director Exploration & South America Development p Exploration Manager Manager • Technical, Technical managerial and capital
Slide 24: Summary
Summary y For personal use only • World class projects in world class minerals provinces j phase • Major p of drilling g to commence in 2011 • Low enterprise value, high leverage to exploration success $ • Well funded with A$12M cash p post the capital p raising g • ELT has the opportunity, expertis
Slide 25: Contacts and Disclaimer
Contacts and Disclaimer For personal use only Elementos Limited ACN 138 468 756 Level 1, 349 Coronation Drive, Milton, tel: +617 3871 3985 Brisbane, Queensland, Australia fax: +617 3720 8988 web: www.elementos.com.au For enquiries regarding this presentation please contact: Corey y Nolan – Managing