Tuesday, July 25, 2023

QualityStocksNewsBreaks – Eloro Resources Ltd. (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) Facing ‘Remarkable Opportunity’ with Two World-Class Deposits in Bolivia

 Eloro Resources (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM), an exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec, has looked to explore the potential of its flagship Iska Iska tin project in Bolivia. “Having begun drilling work in September 2020, it was not long until the drill team hit a breccia pipe – a geologically significant formation of ore, cemented together by silica. Shortly thereafter, the team would uncover a further 180m of mineralized breccia, cementing the geological potential of the site. Just over two years later, Eloro Resources has now carried out over 85,000m and 122 holes of exploratory drilling within the Iska Iska deposit, with initial results revealing ‘magnificent core, which is remarkably consistent, continuous, and high grade at 90g/t silver equivalent and greater,’” a recent article reads. “Eloro Resources is now targeting the publication of its mineral resource estimate, slated for release in the near future. The company is also simultaneously carrying out exploratory work at Mina Casiterita, an adjoining site that Eloro Resources recently acquired, with the hope of defining the tin porphyry potential of the area. In Executive Vice President of Exploration Bill Pearson’s words, the company now faces a ‘remarkable opportunity at Iska Iska to outline two world-class deposits.’”

To view the full article, visit https://ibn.fm/vcUyv

About Eloro Resources Ltd.

Eloro is an exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec. Eloro has an option to acquire a 100% interest in the highly prospective Iska Iska Property, which can be classified as a polymetallic epithermal-porphyry complex, a significant mineral deposit type in the Potosi Department in southern Bolivia. A recent NI 43-101 Technical Report on Iska Iska, which was completed by Micon International Limited, is available on Eloro’s website and under its filings on SEDAR. Iska Iska is a road-accessible, royalty-free property. Eloro also owns an 82% interest in the La Victoria Gold/Silver Project, located in the North-Central Mineral Belt of Peru some 50 km south of Barrick’s Lagunas Norte Gold Mine and Pan American Silver’s La Arena Gold Mine.

NOTE TO INVESTORS: The latest news and updates relating to ELRRF are available in the company’s newsroom at https://ibn.fm/ELRRF

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