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, was recently featured in a corporate update by Focus Communications. Eloro’s Executive VP of Exploration, Bill Pearson, was a guest of the program and discussed the company’s latest drill results from its ongoing drilling activity within the Santa Barbara High-Grade Zone and provided guidance on its next steps. “Since acquiring an option to purchase a 100% interest in the highly prospective Iska Iska Property, which hosts a major silver-tin polymetallic porphyry-epithermal complex, Eloro Resources has carried out over 85,000 metres of diamond drilling activity across 122 holes between September 2020 and November 2022,” reads a recent article. “Initial findings have been promising; as Pearson explained, holes DSB-50, DSB-51 and DSB-52, the southernmost holes tested to determine the potential south-southeastern extension of the high-grade one at Santa Barbara, each returned well mineralized intersections over 100m core length. Along with noting that the drill holes explored within the Santa Barbara Deposit’s south-southeastern extension have been notable rich in zinc values, Pearson also suggested that the three holes effectively expanded the strike extent of the Santa Barbara High-Grade Zone to between 1,100m and 1,200m, thus significantly expanding the potential pittable resource. . . With drilling and geophysical surveys now taking place to explore the potential major tin porphyry target south of Iska Iska as well as on the Casiterita property to the southwest, Pearson reaffirmed his confidence that Eloro Resources had the ‘potential to [uncover] two world-class deposits’ with ‘one likely in the bank at Santa Barbara.’”
To view the full article, visit https://ibn.fm/Oh4Vj
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
MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.
To receive SMS text alerts from MiningNewsWire, text “BigHole” to 844-397-5787 (U.S. Mobile Phones Only)
For more information, please visit https://www.miningnewswire.com
Los Angeles, California
MiningNewsWire is part of the InvestorBrandNetwork.