Welcome to Elemental Minerals Limited
Elemental Minerals Limited (ASX: ELM) is an advanced mineral exploration and development company listed on the Australian Stock
Exchange whose primary asset is the 97% owned Sintoukola Potash Project in the Republic of Congo. Elemental completed an
advanced Pre-Feasibility Study on its Kola Project in September 2012 and was awarded a mining license and an environmental
license in August 2013. The Sintoukola Project has the potential to be among the world’s lowest-cost potash producers and its
strategic location near the coast of Central Africa offers a transport cost advantage to key Brazilian and Asian fertilizer
The Sintoukola Potash Project is situated on the coast of the Republic of Congo,
60 kilometres to the north of the major west African port of Pointe Noire.
Historically 26 exploration holes were sunk into the project area by previous explorers
which identified both Sylvinite and Carnalite mineralisation situated at depths
varying from 250 to 1,000 metres (shallow by international comparisons). Exploration
activities on the project commenced during the first quarter 2010 and was divided into two phases.
Elemental completed 36 vertical diamond drill holes during the Phase 1 and 2 exploration programs
for a total of 11,954.7 metres. A total of 203 line kilometres of 2D seismic data were collected
over two survey periods.
In May 2012 the company announced an updated mineral resource statement which showed Measured and
Indicated Mineral Resources to 959Mt at average grade of 15.11% K2O (23.93% KCl), including sylvinite
Mineral Resources of 413Mt at 20.39% K2O (32.29% KCl) in the Measured and Indicated categories.
The company also has an Inferred Mineral Resource of 513Mt at 15.33% K2O (24.27% KCl) including
sylvinite Mineral Resource of 261Mt at 19.16% K2O (30.33% KCl) in the Inferred Mineral Resource category.