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ASX:E25

Element 25 Ltd

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Market:
ASX
Market Cap:
$16.08 m
Price
$0.18
Change
2.94%
52 weeks high
0.24
52 weeks low
0.15

Element 25 is an ASX listed company (ASX: E25) focussed on the development of the world class 100% owned Butcherbird Manganese Project located in Western Australia. In addition, the company holds a number of multi-commodity exploration and mining tenements in Western Australia and Europe.

The Manganese Project

Manganese is the twelfth most abundant element in the earth's crust, with the bulk of commercial production coming from South Africa, China, Australia, Brazil, India and Gabon.  Europe, North America, Japan, Korea and many other countries import 100% of their manganese requirements.  Manganese is a critical raw material to many industries, and large portions of the world economy depend on its continued supply.

(click here for more information on this project)


Pinnacles Cobalt / Nickel

Cobalt Mineralisation

  • Extensive historic drilling data set currently being compiled.
  • Results show a flat lying near surface cobalt zone including: PN44 16m @ 0.27% Co, >1% Ni, 0.58% Mn from 18m PN100 8m @ 0.29% Co, 0.73%Ni, 2.09% Mn from 10m; including: 2m @ 0.8% Co, >1% Ni, 4.6% Mn from 14m PN168 30m @ 0.16% Co, >1.0 % Ni, 0.86 Mn from 10m
  • Historic data search confirms rock chip assays up to 1.30% cobalt at Pinnacles Project.
  • Resource Estimate to be fast-tracked once data compilation completed.
  • The project extends Element 25 technology metal thrust targeting the manganese, lithium and cobalt markets.

(click here for more information on this project)


Holleton Gold

  • Project contains multiple >100ppb soil anomalies providing a pipeline of priority targets.
  • Priority targets include the underexplored “Brahma” gold prospect with a 2.5km long >50 ppb Au in soil anomaly.
  • Brahma was tested with shallow aircore drilling which confirmed a strong coincident basement gold anomaly.
  • Only three deeper holes > 50m over a small part of the anomaly have been drilled. All three holes intersected broad mineralised intervals with grades up to 7.6 g/t Au.
  • Best results include1: GRDD001: 73m @ 0.3 g/t Au incl: 4m @ 1.6 g/t Au and; 1m @ 7.6 g/t Au GRDD002: 32m @ 0.3 g/t Au GRDD004: 21m @ 0.4 g/t Au incl. 3m @ 2.1 g/t Au

(click here for more information on this project)


Green Dam Gold / Nickel

The Green Dam Nickel/Gold Project is situated along the eastern margin of the north-south trending Norseman-Wiluna Greenstone Belt within the Archaean Craton of Western Australia. The project lies within close proximity to where the Laverton Tectonic Zone (LTZ) and Keith- Kilkenny Lineament (KKL) effectively merge from the north. Splay structures emanating from these two fundamental primary crustal features commonly provide the locus of gold mineralisation within the province.

(click here for more information on this project))

 

Last updated 2nd August 2019

Seamus Cornelius
CHAIRMAN

Mr Cornelius is an experienced company director and corporate lawyer. Since 2010 he has served as a non-executive Director on numerous public listed companies. He also has over 20 years’ experience as a corporate lawyer and for most of his legal career was a Shanghai based partner of a major Australian international law firm. Most of his work during this time involved advising multi-national corporations on their investment and business in China. He also acted for large Chinese SOE’s on outbound acquisitions.

Mr Cornelius is currently the Non-Executive Chairman of Danakali Limited, Buxton Resources Limited and Duketon Mining Limited.


Justin Brown
EXECUTIVE DIRECTOR

Mr Brown is a geologist with extensive experience in global minerals exploration. He has a strong technical background with experience in the full spectrum of mineral exploration and mining from grass roots target generation through to resource mining and mine production.

Mr Brown has held a number of board positions and is an experienced company director in both executive and non executive capacities. He has a strong track record of closing successful commercial transactions and brings a well rounded set of skills to the management of the Company’s activities.


John Ribbons
NON-EXECUTIVE DIRECTOR AND COMPANY SECRETARY

Mr Ribbons is an accountant who has worked within the resources industry for over fifteen years in the capacity of company accountant, group financial controller or company secretary.

Mr Ribbons has extensive knowledge and experience with ASX listed production and exploration companies. He has considerable site based experience with operating mines and has also been involved with the listing of several exploration companies on ASX. Mr Ribbons has experience in capital raising, ASX and TSX compliance and regulatory requirements.

 

Last updated 2nd August 2019

Level 2, 45 Richardson St
West Perth WA 6005
Australia

Tel: +61 8 6315 1400
Email: [email protected]

Directors

Seamus Cornelius (Non-Executive Chairman)
Justin Brown (Executive Director)
John Ribbons (Non-Executive Director)

Secretary

John Ribbons


Principal Place of Business

Level 2, 45 Richardson Street
WEST PERTH WA 6005

Telephone: +61 8 6315 1400
Email: [email protected]
Website: www.element25.com.au


Registered Office

DWCorporate Pty Ltd
Suite 2, 11 Ventnor Avenue
WEST PERTH WA 6005


Solicitors

House Legal
86 First Avenue
MT LAWLEY WA 6050


Auditors

Rothsay Chartered Accountants
Level 1, Lincoln Building
4 Ventnor Avenue
WEST PERTH WA 6005


Share Registry

Security Transfer Australia Pty Ltd
770 Canning Highway
APPLECROSS WA 6153

Telephone: 1300 992 916
Website: www.securitytransfer.com.au

 

Last updated 2nd August 2019