ELEMENTOS LIMITED — Regulatory Filings 2012

Feb 9, 2012

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10 February 2012

MERCEDES AIRBORNE GEOPHYSICS PROGRAM

Elementos Limited (ASX: ELT) (“Elementos” or the “Company”) is pleased to announce that an airborne geophysics program will commence early next week at the Mercedes copper project, northern Chile.

The aero-geophysical survey will comprise 3,153 line-kilometres, flown at a 125 metre line spacing and 100 metre nominal height. The program covers the majority of the 29,789 hectare project area.

The airborne technique surveys a large area of ground very quickly and efficiently, and is ideally suited to the relatively flat areas at Mercedes.

The aim of the program is to assist in identifying copper mineralisation, not exposed on surface, throughout the project area. The principle objectives are:

• Locating extensions to the sub-vertical structures hosting the copper-oxide mineralisation under shallow surface cover;

• Testing for copper mineralisation within the porphyry host-rock, as identified on surface at the Elvira prospect; and

• Testing for mineralised contact zones between subvolcanic intrusives and the sedimentary sequence, as sampled at the Mercedes prospect.

The survey should take six days, with the results available within one month.

For more information, please contact:

Corey Nolan

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

Elementos is an Australian, ASX-listed, copper and gold exploration company, with projects in Argentina, Chile and Australia. 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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