ELEMENTOS LIMITED — Investor Presentation 2014

Jul 13, 2014

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14 July 2014

ELEMENTOS COMPANY PRESENTATION

Attached is the presentation to be used by Company management in investor meetings in Australia over the next week.

For more information, please contact:

Calvin Treacy

Managing Director Phone: +61 7 3221 7770 Email: admin@elementos.com.au

Elementos is an Australian, ASX-listed, diversified metals company, including Cleveland, an advanced stage tin-copper and tungsten project in Tasmania, together with a number of prospective copper and gold assets in South America and Australia.

Please visit us at www.elementos.com.au

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… developing today for tomorrow’s tin

July 2014

Why Invest in TIN ?

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Tin SUPPLY

Tin DEMAND

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DECREASING INCREASING

Expected GROWTH Tin CONSUMPTION

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27kt p.a. by 2020 377 kt by 2020

Source:
Tin
Demand
and
Supply
to
2020
BGR

2

Why Invest in TIN ?

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Worldwide 2020

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Consumption 377 kt per annum Production 296 kt per annum

= PRODUCTION 21 % SHORTFALL

3

Source:
Tin
Demand
and
Supply
to
2020
BGR

Why Invest in TIN ?

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Mine Supply and Refined Demand

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Source:
Tin
Demand
and
Supply
to
2020
BGR

Why Invest in TIN ?

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Worldwide Demand 2012

PROJECTED 377 BY 2020 11 % [INCREASE TO] kt/yr

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Source:
Tin
Demand
and
Supply
to
2020
BGR

Why Invest in TIN ?

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Top 10 World Primary Tin Producers 2012 v 2007

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Indonesian
2012
produc1on
is
understated
by
USGS.
ITRI
CRU
data
quotes
2012
Indonesian
produc1on
at
96kt
compared
to
a
peak
of
120kt in
2005
&
2006
(25%
reduc1on).
2014
es1mated
Indonesian
1n
in
concentrate
produc1on
is
90kt.

6

Source:
USGS
Mineral
Commodity
Summaries
–
Tin
2014
&
2009

Why Invest in TIN ?

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Tin price expected to Increase

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7

Source:
www.Infomine.com
June
2014
“Investment
Ln
price
chart
-­‐
5
year”

Why Invest in TIN ?

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Tin USES* today

Tin Solder Tinplate Chemicals USES 53% 17% 14% Alloys Glass Other 5% 2% 9%

• Forbes 2013

8

Why Invest in TIN ?

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Tin USES for emerging markets

Solar Cells New MARKETS Li Ion Batteries

Stainless Steel

New Technologies

9

Location & Infrastructure

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PORT

ROADS

LABOUR

POWER

WATER

Export port 60km NE at Burnie

Sealed road access to Burnie Skilled mining labour in the region

Transmission lines through project site

Water resources in the tenement areas

10

Project Overview - Tailings

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Low
Capex

Short
lead
0me
to produc0on

Development 2015 Actively pursuing strategic partner, off-take and JV opportunities

JORC Resource[# ] 3,850 kt at 0.30% Sn 0.13% Cu Indicated Mineral Resource

Next
steps
are Environmental
Approval and
further Metallurgical
Test
work

Posi0ve Environmental Impact

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----- Start of picture text -----

Cleveland Project
Sn & Cu
----- End of picture text -----

ASX
Release
17
June
2014
–
Cleveland
Tailings
Resource
Upgrade

11

Project Overview - Underground Mining

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JORC Resource[# ] 2,442 kt at 0.56% Sn, 0.19% Cu Inferred mineral resource (0.35% cutoff)

Mine
Infrastructure in
place
–
Low
CAPEX To
be
dewatered
and refurbished

JORC Resource[# ] 5,002 kt at 0.69% Sn, 0.28% Cu Indicated mineral resource (0.35% cutoff)

Known
Mining
and Mineral
Processing Condi0ons based
on
historical
operaLon

Cleveland Project

Development 2017 Actively pursuing strategic partner, off-take and JV opportunities

Tin
&
Copper Explora0on
Poten0al[*] Resources
open
along
strike and
at
depth

ASX
Release
5
March
2014
–
Cleveland
JORC
Resources
Significantly
Expanded *
ASX
Release
2
April
2014
Cleveland
Tin
and
Copper
ExploraLon
Target
Defined

12

Pathway to Project

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VALUE PROPOSITION

Construction Project & Production Strategic Funding Feasibility Partner Metallurgical Program Study Testwork VISION

• Cleveland
  Tailings
  Project

13

Exploration Potential

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BLUE SKY Every project needs

Cleveland Tungsten Project

Large scale porphyry tungsten deposit

tungsten

Suited to low cost bulk mining techniques Simple metallurgy

14

Project Overview - Tungsten

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Large Porphyry Resource

Undeveloped Explora0on Poten0al

JORC Resource[# ] 3,980 kt At 0.30% WO 3 Inferred Mineral Resource (0.2% WO3 cutoff)

Resource Accessible from
exisLng
decline
a`er dewatering

Cleveland Project

Potential Development 2019

Reviewing historic data with a view to a Scoping Study 2015

Best
Intersec0on* 97.5m
@
0.33%
WO 3

• ASX
  Release
  29
  October
  2013
  –
  Cleveland
  Tungsten
  Project
  PotenLal #
  ASX
  Release
  18
  April
  2013
  –
  Cleveland
  Tin,
  Copper
  and
  Tungsten
  JORC
  Resources

15

Capital Raising

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Issue

Price

1 for 5 Rights Issue 126.7 million shares

1.2c

$1,520,000

TOTAL

$ 1,520,000

• $500,000 underwritten and firm commitments for over $260,000

Use of Funds

1. Environmental permitting submissions

2. Tailings Engineering Studies to advance project financing 3. Build core competencies by employing addition staff

Sufficient cash for over 12 months

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Capital Raising - Allocation

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Expenditure

Stamp Duty plus Acquisition costs

Budgeted $100,000

Project Costs Working Capital

$500,000 $824,000

Capital Raising Costs $96,000 TOTAL $ 1,520,000

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Corporate – Snapshot

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SHARES[# ] CAPITALISATION[# ] million 633 shares Market Cap 12.6 M @ 2.0c $ SHAREHOLDERS CASH DIRECTORS Post Rights 6% Issue Cash 1.7 M $ TOP 20 (estimated based on full take up) 70%

th As

at
8 of
July
2014

18

Lead Broker

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Contact

• 0416 189 090 Barry Dawes

Phone: 02 9222 9111

Level 3, 7 Bridge Street, Sydney NSW 2000 Australia GPO Box 5263, Sydney NSW 2001 Australia

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Director’s & Management

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Calvin Treacy Managing Director

Corey Nolan Richard Seville Director Director

Management: Key Consultants:

Linda Scott (CFO & Company Secretary) Dr Gustavo Delendatti (Geologist)

Mick McKeown (Mining One - Geologist) Dr Mike Adams (Independent – Metallurgist)

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JORC Mineral Resources Summary*

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		Cleveland Tin and Copper Tailings 17June2014	Mineral Resource
		0% Sn Cut-Of
Category	Tonnage	% Sn as Cassiterite Tin Metal (tonnes)		% Cu	Copper Metal (tonnes)
Indicated	3,850,000	0.30	11,500	0.13		5,000
Total	3,850,000	0.30	11,500	0.13		5,000
		Cleveland Tin and Copper Mineral Resource Es0mate 4March2014
		0.35% Sn Cut-Of
Category	Tonnage	% Sn Tin Metal (tonnes)		% Cu	Copper Metal (tonnes)
Indicated	5,002,000	0.69	34,500	0.28	14,600
Inferred	2,442,000	0.56	13,900	0.19		4,600
Total	7,444,000	0.65	48,400	0.25	19,200
		Cleveland Tungsten Mineral Resource Es0mate 31March2013
		0.2% WO3 Cut-Of
Category		Tonnage	% WO3		Contained WO3	(tonnes)
Inferred		3,980,000	0.30		12,000
Total		3,980,000	0.30		12,000

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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 Person Statement

The information in this report that relates to Mineral Resources, Exploration Results and Exploration Targets is based on information compiled by Mick McKeown of Mining One Consultants, a Competent Person who is a Fellow of the Australasian Institute of Mining and Metallurgy. Mick McKeown is a full-time employee of Mining One Pty Ltd, a mining consultancy which has been paid at usual commercial rates for the work which has been completed for Elementos Limited.

Mick McKeown has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’ Mick McKeown consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

*** Subsequent Public Reporting**

The information for the JORC Mineral Resource Summary is extracted from the reports entitled “Cleveland Tailings Resource Upgrade”, “Cleveland JORC Resources Significantly Expanded” and “Cleveland Tin, Copper and Tungsten JORC Resource” created on 17 June 2014, 5 March 2014 and 18 April 2013 respectively and are available to view on www.asx.com.au. The company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. The company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcements.

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… developing today for tomorrow’s tin

Tel: +617 3221 7770 Fax: +617 3221 7773

ASX: ELT

For further enquiries please contact: Calvin Treacy – Managing Director email: admin@elementos.com.au