120mt high grade potash proven + 300mt target, page-17

Elemental?s Managing Director, Iain Macpherson, noted that the latest results have well exceeded
expectations in terms of grade and continue to provide confidence, not only the targeted tonnages, but
also demonstrate the potential lateral extent of the Kola target mineralisation. The extension of the
current mineralised footprint and the fact that the Kola grid is open in most directions, points to the
potential for a very large exploration target on the property and the next drilling phase will aim to further
test the exploration upside.