Catalysts. (1) Maiden JORC-compliant resource expected in Q1...

[i]Catalysts. (1) Maiden JORC-compliant resource expected in Q1 CY11 (Independent Consultant CSA Global), (2) commencement of DFS in Q1 CY11, (3) step out drilling between Dougou and Kola targets in 2nd phase of drilling.[/i]

[i]The DFS for the project will commence in Q1 and ELM will immediately begin a second phase of drilling to test step out targets at Sintoukola. We note that this may include testing the potential for a large unified sylvinite deposit between the Kola and Dougou targets (Figure 2) where mineralisation has been identified in historic intercepts. ELM is assessing the option of drilling this southern area.
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[url]http://www.elementalminerals.com.au/Company-Announcements/Sintoukola_potash_potential_confirmed.pdf[/url]