ELEMENTOS LIMITED — Regulatory Filings 2011

Apr 20, 2011

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21 April 2011

MILLENIUM SOIL SURVEY PROGRAM

Elementos Limited (ASX: ELT) (“Elementos” or the “Company”) is pleased report a soil sampling survey has commenced at the Millenium cobalt-copper project in far north Queensland. The program is the next phase of exploration following the successful rock chip sampling program in 2010.

The sampling program will be completed over the Mining Licences (“ML’s”) where a previously identified north-northeast trending fault structure has confirmed the presence of cobalt and copper mineralisation through surface rock chip sampling and drilling – highlights are presented in Figure 1.

The objectives of the soil sampling program are:

• 1) Drill target generation across the northern half of the ML’s where there is no historical drilling and limited surface outcrop; and

• 2) An orientation program to confirm the fastest and most efficient sampling technique for the style of mineralisation in the area. The preferred methodology will then be applied to the surrounding 250 km2 exploration permits currently under application – Figure 2.

The program will be completed on a 25 x 100 metre gird over two kilometres of strike and will involve a combination of soil sample collection for laboratory analysis and in the field analysis using a Niton XRF. The planned program will take approximately seven days and the results will be available in May 2011.

The company believes that this program has the potential to extend the previously recognised mineralisation in the south of the tenement northwards into areas not previously drilled. This will be used to extend the planned drill program northwards, potentially extending the known mineralisation.

For more information, please contact: Corey Nolan Managing Director Phone: +61 (7) 3871 3985 Email: admin@elementos.com.au

Please visit us at www.elementos.com.au

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COMPETENT PERSON STATEMENT

The information in this report that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Mr Alistair Grahame, a member of the Australian Institute of Geoscientists. Mr Grahame is a full-time employee 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 Grahame 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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Figure 1 – Highlights from the July 2010 rock chip sampling program

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Figure 2 – Tenement position at Millenium

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