ELEMENTOS LIMITED — Investor Presentation 2011

Jun 27, 2011

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INVESTOR PRESENTATION
Growth through discovery,
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acquisition and development
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ASX Code: ELT 28 June 2011

Cor orate Overview p Australian based, ASX-listed, exploring for copper and gold in world class mineral provinces in the Andes and Mt Isa Inlier

	Ordinary shares 82.4 million Unlisted options 9.7 million	Ordinary shares 82.4 million Unlisted options 9.7 million	Ordinary shares 82.4 million Unlisted options 9.7 million
	Ordinary shares	82.4 million
	Unlisted options	9.7 million
	Share price1	A$0.24
	Market cap.	A$20 million
	C h as	A$9 illi m on
	Top 20 shareholders	49%

1. Close on 27 June 2011

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Projects

Australia

Argentina

World class Mt Isa province World class San Juan province

• Millenium copper-cobalt project

• Manantiales gold-silver project

• � Santo om ngo D i m nerai l dis r c :t i t • Yvette gold and silver veins

• Divisoria gold-copper porphyry

New England Fold Belt

• Cathedral Rocks gold and base metal project

Brisbane head office San Juan exploration office Project

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San Juan Province

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• http://www.yamana.com/Operations/ProducingMines/Gualcamayo/default.aspx

• http://www.minandes.com/s/LosAzules.asp

• http://www.xstratacopper.com/EN/Operations/Pages/ElPachon.aspx

• Antofagasta plc Annual Report and Financial Statements 2009

• Barrick Financial Report 2009, Mineral Reserves and Mineral Resources

• �Troy Resources NL: Technical Report Casposo Project, May 2010 � www.peregrinemetals.ca

Note: These mines and resources are not assets of the company and their proximity of the company’s projects should in no way be taken as indicative that the company will be able to successfully develop the Manantiales and Santa Domingo projects.

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Manantiales

Emerging gold district

• L arge di s t r c i t o f go ld -s il ver ep ith erma l vein mineralisation

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• •Low level of modern ex loration p

• •Tenement package – 97 km²

• •Ad j acent to Cas p oso mine:

• ~0.4Moz Au & 19Moz Ag resource[(1)]

• 400kt/pa CIP processing plant

• •Excellent regional infrastructure

• •2 hour’s drive from San Juan

• •Low seasonality – lower Andes area

(1)Troy Resources NL: Technical Report Casposo Project, May 2010

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Manantiales

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Development activities

• Phase I drillin at the Manantial and J ulieta Norte veins 2 0 1 0 g

• Phase II drilling program commenced March 2011

• IP geophysics program completed June 2011

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Manantiales

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• 2010 drilling program – Manantial Vein

• • 19 hole (1 , 600m) diamond drill program

• High-grade gold-silver zone commencing 49 metres below surface

• Strike length of 80m N-S, widths 4.5-12.5m increasing with depth

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Manantiales

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2011 drilling expands size of Manantial vein

• 5,500m diamond drilling program in progress

• St r ik e eng l th ex t en d e d t o 120 m - N S an d d own o t 157 m ep d th

• System open to the north and south along strike and to depth

• Potential for a large epithermal system at depth

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Manantiales

Geophysics defines new targets

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• Manantial Este - new two kilometre long target

• Manantial vein strike length extended to 1.8 kilometres

• Two new veins discovered at Manantial Norte

• Pole-dipole IP testing vertical extensions of vein systems

• On-going drilling to target new vein systems

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Santo Domingo

Potentially a major new minerals district

• Large tenement package – 250 km²

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• Two hour drive east of San Juan

• Well supported by infrastructure

• Historical mining district with limited previous modern exploration

• Target generation using satellite imagery, mapping and sampling of prospect areas

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Santo Domingo

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Two styles of mineralisation identified

• Yvette high-grade silver-gold and polymetallic veins

• Divisoria and El Arriero gold-copper porphyry systems

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Santo Domingo

Silver equivalent calculations - Silver Eq – Ag (g/t) + (Pb % x 24.25/0.84) + (Zn % x 23.14/.84). Gold not included. Prices used: US$35.28/oz Ag, US$1.04/lb Zn and US$1 . 23/lb Pb

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Yvette Au/Ag veins

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• • 8.5 kilometres of structure containing high grade gold and silver veins

• IP geophysics to commence late June 2011

• 2,000m drilling program to commence July 2011, pending approvals

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Santo Domingo

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Divisoria Au/Cu porphyry

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• Widespread disseminated porphyry gold-copper mineralisation

• Small high-grade gold-copper-polymetallic veins and breccias

• Strong porphyry-related, zoned alteration system

• Geophysics to commence July 2011

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Millenium

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World class Mt Isa minerals province

• Copper (Mt Isa) , Silver (Cannington) , Zinc/Lead (Mt Isa , Century)

• Recent discoveries including Rocklands, Merlin and Barbara

• Mining, transport & processing infrastructure

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Millenium

Consolidating a strategic tenement position

• Option to acquire five contiguous Mining Licenses

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• 248 km² of new exploration permit applications

• Tenements cover major structural corridor

• Strategy to expand size of the previously drilled copper-cobalt mineralisation

• Test for the presence of rare earths following recent nearby discoveries

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Cor orate Develo ment p p

Acquisition strategy

• Early stage assets in Argentina and Chile

• Significant geological potential

• Focused on lower altitude areas in close proximity to infrastructure

• Attractively priced for ELT shareholders

• Strong project acquisition focus in Chile

• Geologically prospective – Andean metallogenic belts

• Established regulatory environment

• Long standing mining culture

• Excellent infrastructure

• Experienced workforce

• Political stability

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Directors

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James Calaway Director

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Corey Nolan Anthony McLellan Neil Stuart
Managing Director Chairman Director
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Mark McCauley
Director
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• Technical, managerial and capital markets experience

• Track record of success in the acquisition, exploration, development and operation of world class projects in South America and Australia

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Technical team

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Andrew Shaw Geological Consultant - Chile

Gustavo Delendatti South America Exploration Manager

Alistair Grahame Exploration Manager

Andean expertise and experience

• Significant experience exploring for world class deposits in South America and Australia

• Proven South American exploration expertise through involvement at Cerro Negro, Cerro Moro, Caspiche, Don Sixto, and El Quevar

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2011 Objectives

� Phase II drilling – 5,500 metres

Manantiales

� IP geophysical target generation program

� Phase III drilling – program to be defined

� Inaugural 2,000 metre drilling program

Santo Domingo

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Millenium

� IP geophysics program at Yvette

• Magnetometry geophysics at Divisoria porphyry

� Inaugural drilling program at Divisoria porphyry

• Soil sampling program on new tenements

� Inaugural drilling program

• Strategic tenement applications

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• Corporate Acquire a new complimentary copper-gold asset Development in the Andes

Summar y

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• Quality projects in world class minerals provinces
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• High leverage to exploration success
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• ELT has the opportunity, expertise and people to execute
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Contacts and Disclaimer

Elementos Limited ACN 138 468 756 Level 1, 349 Coronation Drive, Milton, tel: +617 3871 3985 Brisbane , Q ueensland , Australia fax: +617 3720 8988 web: www.elementos.com.au

For enquiries regarding this presentation please contact: Corey Nolan – Managing Director email: cn@elementos.com.au tel: +617 3871 3985

Forward Looking Statements

• This presentation may contain certain forward looking statements. Such statements are only predictions, based on certain assumptions and involve known and unknown risks, uncertainties and other factors, many of which are beyond Elementos Limited’s control.

• Actual events or results may differ materially from the events or results expected or implied in any forward looking statement.

• The inclusion of such statements should not be regarded as a representation, warranty or prediction with respect to the accuracy of the underlying assumptions or that any forward looking statements will be or are likely to be fulfilled.

• Elementos Limited undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this presentation (subject to securities exchange disclosure requirements).

• The information in this presentation does not take into account the objectives, financial situation or particular needs of any person. Nothing contained in this presentation constitutes investment, legal, tax or other advice.

Competent Persons Statement

• The information in this report that relates to Exploration 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 of the matters based on his information in the form and context in which it appears.

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