Company News Summary
Elemental Minerals Completes Phase 2B Resource Expansion Drill Program
Original announcement: Completion of Phase 2B Resource Expansion Drill Programme
Elemental Minerals announced the completion of the Phase 2B drill program and that further assay results have been received from these boreholes at the company's Kola potash deposit. The results confirm that boreholes drilled through target depths intersected significant sylvinite mineralisation and have increased the Kola mineralisation footprint. Results include: 3.68m @ 21.94% K2O (34.75% KCl); 5.18m @ 20.81% K2O (32.95% KCl); and 5.95m @ 20.29% K2O (32.13% KCl). The additional data from the Phase 2B drill program will be included in an updated resource estimate, scheduled for completion in early August 2012.
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