Elementos (ASX:ELT) has intersected two 10m high-grade zones of tin, zinc and copper mineralisation down hole within semi-massive to massive sulphides at its Oropesa Tin project in Spain.
The drill confirmation offers further exploration opportunities as Elementos looks to bridge the future shortfall in tin supplies driven in part by increasing global demand due to the electrification revolution.
The company highlighted a result of 22.5m @ 0.11% Sn, 1.43% Zn & 0.77% Cu from 92.6m, including 10.0m @ 0.24% Sn, 2.44% Zn & $0.82 Cu from 99.5m.
Elementos' share price closed up almost 5% today.