Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) has reported assay results from the final two drill holes of its second phase definition program at the Iska Iska Project in southern Bolivia, confirming 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 company's press release, available at https://nnw.fm/69ynr, highlights the significance of these findings for the project's development.
The Iska Iska Property, located in the Potosi Department of southern Bolivia, is classified as a polymetallic epithermal-porphyry complex, a significant mineral deposit type in the region. A recent NI 43-101 technical report on Iska Iska, completed by Micon International Limited, is available on Eloro’s website and under its filings on SEDAR. The property is road-accessible and royalty-free, providing logistical and economic advantages.
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 the Iska Iska Project, Eloro owns an 82% interest in the La Victoria Gold/Silver Project in Peru. 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://nnw.fm/ELRRF. These drill results are crucial for the company as they aim to de-risk the project and enhance its economic viability, potentially leading to increased investor confidence and project advancement.
