Elementos Limited reported material results from further infill drilling, continuing to confirm the presence of near-surface tin mineralisation at its Oropesa Tin Project, Spain. This report contains assay results from four recently completed drill holes in Elementos' infill drilling program which is targeting mineralisation predicted by the geological model and 2021 Mineral Resource Estimate, with the aim of upgrading the portion of Inferred Mineral Resources that sit within the USD 30,000/t pit shell. Drill holes ADD_30 and ADD_32 have returned high-grade tin intersections, and additionally, significant intersections of both zinc and copper.

ADD_30:- 6m @ 2.59% Sn & 0.15% Cu from 74.6m & 1.7m @ 0.71% Sn & 0.5% Zn from 177.4m. ADD_32:- 18.2m @ 0.21% Sn from 12.7m, 17.4m @ 1.06% Sn & 0.31% Cu from 114.5m, 3.1m @ 0.81% Sn, & 12.58% Zn & 0.43% Cu from 176.6m & 10.5m @ 0.46% Sn, 1.66% Zn & 0.26% Cu from 185.2m. ADD_26:- 10.4m @ 0.27% Sn from 53.6m.

ADD_27:- 2.4m @ 0.21% Sn from 59.4m, 2.0m @ 0.45% Sn from 65.4m & 2.0m @ 0.19% Sn from 204.3m (0.1% Sn cut-off grade).