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24 MARCH 2010

COMPANY PRESENTATION

Attached is a company presentation, “The first 90 days”, being presented by Managing Director Corey Nolan at the 20:20 Investor Series.

For more information, please contact:

Corey Nolan

Managing Director Phone: +61 (7) 3871 3985 Email: [email protected]

Elementos is an Australian, ASX-listed, exploration company, with a number of projects in Argentina and Australia, which offer an attractive investment environment with low sovereign risk. The properties are all in mineral rich, highly prospective provinces, with developed infrastructure nearby.

Please visit us at www.elementos.com.au

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Investor Presentation – 20:20 Investor Series
The first 90 days
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ASX Code: ELT March 2010

Corporate Overview

Australian based, ASX-listed, exploration company focused on exploring for copper-gold in world class mineral provinces in Argentina and Australia.

Corporate overview

IPO 23 Dec 2009
54M s h ares on ssue i
A$7.5M cash
Share price of A$0.22*
Market Cap A$12M
ORE 20M in-specie share distribution:
Record date 30 March

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Trading date 9 April

*** close on 22 March 2010**

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The Essential Elements

People

Projects

Plan

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•
Targeting world-
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focused
•
Argentina &
Australia focus
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Australia
•
Extensive network
of contacts &
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•
Early stage with
relationships in
provinces
potential to
• Argentina &
Commodity mix
advance through
Australia
with positive
the discovery to
sentiment & sound
development life-
long market
cycle
fundamentals
•
Maximise in-ground
expenditure
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Projects

Six projects in three mineral provinces in two countries

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Argentina

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The Andes are a major mineral belt

Western Argentina has similar geology to Chile, less explored
Host to world class, large scale, mines and deposits
Manantiales in the foothills of the Andes
Santo Domingo in the inland ranges – analogous with Alumbrera

San Juan - world class deposits

Argentina

Pascua Lama – US$3.0bn development, commissioning in 2013 to produce 800kozs/yr gold and 35Mozs/yr silver

Veladero – substantial gold reserve currentl y p roducin g more than 500kozs/yr

– Gualcamayo Commissioned in July 2009 with Au production target of 16 5- 180k ozs / yr Los Azules – an early stage but potentially substantial copper project Casposo – planned production of 100kozs/yr Au equiv from late 2010

Pachon – p ro p osed US $ 2.4Bn Cu-Mo-Ag development. PFS proposes a 200ktpa Cu concentrate operation over 20 years.

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Elementos
Projects
LEGEND
Elementos Project
Mine
Development
Resource (Au, Cu, Mo)
Major town
Major road
0 50 100km
6
A
A R G E N T I N
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Manantiales

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Exploring a major Au-Ag epithermal system

Major epithermal vein district
• Adjoining Casposo lease - ~ 700kozs Au eq resource in development • Excellent regional infrastructure

Manantiales

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Pre Elementos exploration
Limited activity – rock chip and geophysics
Shares similar geology and mineralisation to Casposo • T wo ma n target ve ns targets i i id ent ifi e d at M anant a i l & L a uerta P
• Additional base metal anomaly in the north

Manantiales

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Fast tracking exploration

EIS lodged on 14 Dec 2009

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Access agreement with Troy Resources
New interpretations on vein systems
On-going field program – rock & soil sampling

Manantiales

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Early exploration success

EIS approval advanced
High grade gold intercepts at Manantial & Julieta Norte
Two vein systems sufficiently defined for drilling
Drilling planned 2Q2010 (subject to EIS)

Manantiales

Manantial vein

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Manantiales

Julieta Norte vein

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Santo Domingo

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Targeting copper-gold porphyry systems

Historical mining province with limited modern day exploration • L arge enemen t t pac k age
Good regional infrastructure and logistics

Santo Domingo

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Pre Elementos exploration
Helicopter surveys & ASTER satellite imagery, Terraspec (SWIR) survey & limited mapping and sampling
Th ree ma or a j lt era ti on zones id en tifi e d – El A rr ero, i Di v sor a i i & Al un it a
• Potentially a new porphyry province

Santo Domingo

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El Arriero exploration target

•Exposed area >2 sq km of alteration
•Visible copper over extended areas • G o ld va ues a l t sur f ace up o . t 4 6 g /t , g o A t 36 g /t & M o o t 900 ppm •Large exploration target

Santo Domingo

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6543000 mN 6543000 mN
6542500 mN 6542500 mN
El Arriero Surface Geochemistry Total
Copper Values_PPM
160 to 10,000
80 to 160
40 to 80
25 to 40
15 to 25
0 to 15
6542000 mN Main outcropping alteration-mineralization area El Arriero Surface Geochemistry Copper Grid Copp e r _ PPM 6542000 mN
10,000
250
Direction of potential extension of the mineralized system 150
100
0 0.5 Km 5020
0 Direction of potential extension of the mineralized system
mE0065525 mE0006562 mE0026565 mE0070652
mE mE mE mE
5500625 6000625 6500265 0006257
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El Arriero Nov 09 exploration program

Large low grade copper-gold anomaly
S WIR indicated p eri p her y of oxidised p or p h y r y s y stem
Requires follow-up sampling, geophysics & drilling
Major program in April 2010 at three target zones

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Millenium Project, Australia

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World class minerals province

• Mt Isa In lier is host to world class deposits
Several recent undeveloped discoveries
Sound mining, transport & processing infrastructure

Millenium Project

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Shear-hosted cobalt system

Thick zone of cobalt mineralisation extending from surface
Cobalt high value metal; potential copper credit
Positive historical metallurgical test work
System open along strike and to depth

Millenium Project

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Current exploration activities

Collated and digitized historical data
Planning geochemical and geophysical surveys
• Applied for new Exploration Permits along strike

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19
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Northern NSW Projects

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Emerging minerals province

Applying new geological thinking to historical mining areas
Excellent regional infrastructure
Targeting large, open cut mineable deposits
Initial focus on Sydney Flat deep leads

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Northern NSW Projects

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Sydney aFl t exp oral tion activities

NSW project geologist appointed
Ground radar p ro g ram com p leted at Hou p eton
Successful delineation of channel systems
Sampling of exposed leads 3Q2010

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People

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Corey Nolan
Managing
Tony McLellan
Director
Chairman
Neil Stuart
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Neil Stuart Director

Alistair Grahame Exploration Manager Gustavo Delendatti Argentina Exploration Manager

Key management

Technical, managerial & capital markets experience
Experience operating & exploring in Argentina
Involved in acquisition & development projects in Argentina

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Summar y

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• World class portfolio of exploration projects
• Early exploration success at Manantiales
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• At $12M market cap, high leverage to exploration success
• Well funded with $7.5M cash
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• ELT has the opportunity, expertise and people to execute
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Key Contacts

Competent Persons Statement

The information in this re p ort that relates to Ex p loration Results , Mineral Resources or Ore Reserves is based on information compiled by Mr Neil Stuart a fellow of the Australasian Institute of Mining and Metallurgy. Mr Stuart is a Director of Elementos Ltd and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which they are undertaking to qualify as Competent Persons as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves.’ Mr Stuart consents to the inclusion in the report o f t h e matters ase b d on hi s n i f ormat on n t i i h e orm an f d context n w i hi c h i t appears.

Elementos Limited Corey Nolan – Managing Director Le v el 1 , 349 Coronation Dri v e , Milton , Brisbane email : cn@elementos . com . a u Queensland, Australia tel: +617 3871 3985 tel: +617 3871 3985 mob: +61 407 772 714 fax: +617 3720 9888 web: www.elementos.com.au Neil Stuart – Non Executive Director email: [email protected] tel: +617 3871 3985 mob: +61 417 769 972

AI assistant

ELEMENTOS LIMITED — Investor Presentation 2010

64837_rns_2010-03-23_7952b5ca-7e23-4ece-861d-e109f3495107.pdf

COMPANY PRESENTATION

Corey Nolan

Corporate Overview

Corporate overview

The Essential Elements

People

Projects

Projects

Argentina

The Andes are a major mineral belt

San Juan - world class deposits

Argentina

Manantiales

Exploring a major Au-Ag epithermal system

Manantiales

Manantiales

Fast tracking exploration

Manantiales

Early exploration success

Manantial vein

Manantiales

Julieta Norte vein

Santo Domingo

Targeting copper-gold porphyry systems

Santo Domingo

Santo Domingo

El Arriero exploration target

Santo Domingo

El Arriero Nov 09 exploration program

Millenium Project, Australia

World class minerals province

Millenium Project

Shear-hosted cobalt system

Millenium Project

Current exploration activities

Northern NSW Projects

Emerging minerals province

Northern NSW Projects

Sydney aFl t exp oral tion activities

People

Key management

Summar y

Key Contacts

Competent Persons Statement

More from ELEMENTOS LIMITED

ELEMENTOS LIMITED Investor Presentation 2010