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Bullboard - Stock Discussion Forum Eloro Resources Ltd ELRRF


Primary Symbol: T.ELO

Eloro Resources Ltd. is a Canada-based exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec. It is focused on developing its potential Iska Iska silver-tin polymetallic property in the Potosi Department of southern Bolivia. The Iska Iska Porvenir Concession is a road accessible, royalty-free property that covers an area of 900... see more

TSX:ELO - Post Discussion

Eloro Resources Ltd > high expectations
View:
Post by OgnyQ4 on Aug 16, 2023 9:18am

high expectations

I have very high expectations from the coming drill results.

From ELORO's NR 12 April :
Dr. Bill Pearson, P.Geo., Eloro’s Executive Vice President, Exploration commented: “Drilling is advancing in the Casiterita area as previously outlined to test for the potential tin porphyry (see Eloro’s February 14, 2023 press release). To date, a total of 3,302 metres of diamond drilling has been completed in 9 holes, including two in progress. Assay results from these holes are pending.
From today's MD:
"In 2023, the Company carried out additional drilling and completed 16 diamond drill holes totalling 12,495.4m to test targets
in the Casiterita area (8 holes totalling 5,726.8m)
My point:
Those " two in progress" holes should be deep. Very deep. Could be the reason for upcoming "gravity survey over Iska Iska to test for the deeper tin porphyry"

Also:

-   We have 2 dril holes( DPC14 & DPC15) from PORCO and MINA2 area drilled 2022,that are not relised yet. Probably they liked both, if decided to drill 3 more holes totalling 2,544.9m.
-   eastern-southern extension of Santa Barbara (5 holes totalling 4,223.7m). IF results from these holes have the same long and  high grade intersections of Zn/Pb as DSB-50, DSB-51 and DSB-52, the southernmost holes relised so far, that will looks like entirely new deposit. The third one.?

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