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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 > Expanded IP Surveys Outline an Additional 600m Strike Length
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Post by Betteryear2 on Jan 29, 2024 10:34am

Expanded IP Surveys Outline an Additional 600m Strike Length

TORONTO, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Eloro Resources Ltd. (TSX: ELO; OTCQX: ELRRF; FSE: P2QM) is pleased to announce that an expanded induced polarization/resistivity (IP/Res) survey now covers most of the Iska Iska Project, Potosi Department, Southwestern Bolivia. East-west lines have been completed every 200m across and southeast of the Santa Barbara mineral resource using a deep-penetrating array of 50m and offset 100m dipoles to obtain a depth of investigation approaching 400m. The new array and lower surface elevations make it possible to image mineralization at elevations below 3600m in an extension beyond the open southeastern side of the pit that defines the initial mineral resource estimate (“MRE”) (see Eloro press release dated October 17, 2023). In this survey, chargeability highs across the volume already drilled for the Santa Barbara MRE coincide with peaks in the grade of the polymetallic Ag-Zn-Pb mineralization expressed as silver equivalent.

Expanded IP Surveys Outline an Additional 600m Strike (globenewswire.com)
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