Eloro Resources (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM), an exploration and mining company, remains on track to publish its inaugural NI 43-101 compliant mineral resource estimate focused around the Santa Barbara High-Grade Zone at its Iska Iska site. Simultaneously, the company is looking to continue its ongoing drilling and geophysical surveys in the southernmost extremes of the Iska Iska site as well as within the Casiterita property to the southwest. “A positive finding, coupled with initial successes within the site’s Santa Barbara region, could translate into a scenario, which as Eloro’s Executive Vice President of Exploration Bill Pearson puts it, affords Eloro Resources the ‘remarkable opportunity at Iska Iska to outline [not one, but] two world-class deposits,’” a recent article reads. “Discovered by Dr. Osvaldo Arce, a former president of the Bolivian Geological Society and highly prominent Bolivian geologist, and optioned by Eloro Resources as of Jan. 6, 2020, early exploratory drilling work at the Iska Iska site identified a major dacite porphyry in the center of the region’s caldera – a volcanic rock often associated with large mineral finds. Moreover, and having uncovered a number of holes featuring well mineralized intersections within the Santa Barabara Adit, expanding the strike extent of the Santa Barbara High-Grade Zone to upwards of 1,250m, Eloro Resources has now shifted its attention towards the Mina Casiterita property, located to the immediate southwest of Iska Iska.”
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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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