Elements (ASX:ELT)an exploration and development company focused on strategic minerals, particularly tin, has announced significant test results from its Cleveland project in Tasmania, confirming a significant zone of high-grade fluorspar mineralisation. The findings come from a completed hole within the Foleys Zone, located beneath the historic Cleveland Tin Mine.
Key tests reveal a continuous section of 319.5 m grading 5.97% CaF2 (fluorspar), including notable high-grade intercepts such as 27.25 m at 10.84% CaF2 and 9.18 m at 10.6% CaF2. This discovery complements previously reported co-mineralization with tungsten, rubidium, molybdenum and bismuth, underscoring the project’s potential as a critical and strategic mineral resource.
CEO Joe David highlighted the transformative nature of this discovery: “The Cleveland Tin Project is now set to be more than a tin and copper venture; its critical mineral profile significantly increases its economic potential.”
Future exploration at Cleveland includes a planned geophysical program and a comprehensive review of historical data to identify additional targets and extend known zones of mineralization.