PERTH, Australia, June 22, 2012 /CNW/ - Elemental Minerals Ltd. (ASX, TSX: ELM) ("Elemental" or "the Company") is pleased to announce
it has filed a National Instrument 43-101 ("NI 43-101") compliant
technical report in support of the Company's May 8, 2012 news release
which included an updated Mineral Resource estimate for the Kola
deposit on the Sintoukola property in the Republic of Congo.
The technical report, titled "Updated Technical Report on Elemental
Minerals Limited Sintoukola Potash Project" and dated June 21, 2012 was
prepared by independent resource industry consultants CSA Global Pty
Ltd. ("CSA") in accordance with the Australasian Code for Reporting
Exploration Results, Mineral Resources and Ore Reserves (the "JORC
Code", 2004 edition) and consistent with the Canadian Institute of
Mining, Metallurgy and Petroleum. The technical report is available on
SEDAR at www.sedar.com and on the Company website at www.elementalminerals.com.
About Elemental Minerals
Elemental Minerals Limited is an advanced mining exploration and
development company that aims to grow shareholder value through its
93%-owned Sintoukola Potash Project on the Republic of Congo
coastline. Elemental Minerals is dual listed on the Australian Stock
Exchange and the Toronto Stock Exchange under the symbol ELM. For more
information, visit www.elementalminerals.com
This news release contains statements that are "forward-looking".
Generally, the words "expect," "potential", "intend," "estimate,"
"will" and similar expressions identify forward-looking statements. By
their very nature, forward-looking statements are subject to known and
unknown risks and uncertainties that may cause our actual results,
performance or achievements, to differ materially from those expressed
or implied in any of our forward-looking statements, which are not
guarantees of future performance. Statements in this news release
regarding the Company's business or proposed business, which are not
historical facts, are "forward looking" statements that involve risks
and uncertainties, such as resource estimates and statements that
describe the Company's future plans, objectives or goals, including
words to the effect that the Company or management expects a stated
condition or result to occur. Since forward-looking statements address
future events and conditions, by their very nature, they involve
inherent risks and uncertainties. Actual results in each case could
differ materially from those currently anticipated in such statements.
Investors are cautioned not to place undue reliance on forward-looking
statements, which speak only as of the date they are made.
SOURCE Elemental Minerals Limited
For further information:
Chief Executive Officer
Tel: +27 (0) 76 238 4461
Tel: +27 (0) 82 445 5291
Investor Relations Manager
Tel: +27 (0) 83 604 0820
Johannesburg Office: +27 11 469 9140