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.
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