silver, silver, silver & gold

NEW VEIN DISCOVERY AT LA PUERTA ESTE AND HIGH-GRADE CHANNEL
SAMPLES AT LA PUERTA

Highlights
? New La Puerta Este vein system delineated 500 metres east of the La Puerta
vein
? On-going channel sampling at La Puerta defines 125 metre high-grade gold
zone
? Exploration aimed at defining drilling targets for the second quarter 2011
Elementos Limited (ASX: ELT) (?Elementos? or the ?Company?) is pleased to report
the discovery of a new high-grade gold-silver vein east of La Puerta, and the
identification of a high-grade gold-silver zone within the La Puerta vein.
The La Puerta Este vein discovery is situated is 500 metres east of the La Puerta vein.
Significant channel sample results include:
? Channel 30: 1.05 metres (0.85 metres true width) at 9.22 g/t gold and 12 g/t
silver; and,
? Channel 37: 1.6 metres (1.4 metres true width) at 5.66 g/t gold and 15 g/t
silver.
The ongoing mapping and saw-cut channel sampling program at the La Puerta
prospect has intersected a new 125 metre high-grade gold-silver zone, including:
? Channel 12: 0.8 metres (0.8 metres true width) at 10.6 g/t gold and 84 g/t
silver;
? Channel 13: 1.3 metres (0.9 metres true width) at 12.9 g/t gold and 134 g/t
silver; and
? Channel 15: 1.1 metres (0.7 metres true width) at 4.53 g/t gold and 27 g/t
silver.
The La Puerta and La Puerta Este prospects vein systems located 5.5 kilometres east
of the Manantial vein, 3 km north of the Casposo mine and 1.3 km northeast of the
recent Casposo Norte discovery by Troy Resources.
The La Puerta and La Puerta Este vein zones extend significantly the limits of known
mineralisation within the Manantiales epithermal district, and increases the likelihood
of finding further vein structures at the Manantiales project.