Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) has announced assay results from the final two drill holes of its second phase definition program at the Iska Iska Project in southern Bolivia. The results confirm expanded higher-grade zones within both the Tin and Silver-Polymetallic domains in the Santa Barbara starter pit area. The completed phase totaled 8,286.40 meters across sixteen holes, all of which intersected significant mineralization in areas previously modeled as waste. Management noted that the results demonstrate a larger endowment of higher-grade silver-tin-polymetallic mineralization that is expected to upgrade and expand the Mineral Resource Estimate for the planned Preliminary Economic Assessment (PEA).
The Iska Iska project, classified as a polymetallic epithermal-porphyry complex, is located in the Potosi Department in southern Bolivia. The property is road-accessible and royalty-free. A recent NI 43-101 technical report by Micon International Limited is available on Eloro’s website and under its filings on SEDAR. The expansion of higher-grade zones is significant because it could improve the economic viability of the project, potentially leading to increased resource estimates and more robust project economics.
Eloro Resources is an exploration and mine-development company with a portfolio of gold and base-metal properties in Bolivia, Peru, and Quebec. In addition to its option to acquire a 100% interest in Iska Iska, Eloro owns an 82% interest in the La Victoria Gold/Silver Project in Peru. The company continues to advance its projects through systematic exploration and development programs.
For more information about the company, visit www.EloroResources.com. The latest news and updates relating to ELRRF are available in the company’s newsroom at https://ibn.fm/ELRRF.
