Elementos Limited (AU:ELT) has released an update.
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Elementos Limited has announced significant findings at its Cleveland Tin Project in Tasmania, with drill assays revealing extensive tungsten mineralization and a variety of high-value critical minerals, including rubidium, molybdenum, and bismuth. These results suggest the project could be globally significant due to the substantial grade and intensity of the tungsten, along with the co-occurrence of minerals essential for high-tech industries. The discovery has the potential to reinvigorate the old Cleveland Tin Mine, positioning the project as a strategic resource in the technology and manufacturing sectors.
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