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Eloro Resources Ltd T.ELO

Alternate Symbol(s):  ELRRF

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 hectares located 48-kilometer (km) north of Tupiza city, in the Sud Chichas Province of the Department of Potosi. It 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. La Victoria consists of eight mining concessions and eight mining claims encompassing over 89 square kilometers. La Victoria has infrastructure with access to road, water and electricity and is located at an altitude that ranges from 3,150 m to 4,400 m above sea level.


TSX:ELO - Post by User

Bullboard Posts
Post by Cartman666on May 03, 2006 11:33pm
190 Views
Post# 10793817

Time to load the boat

Time to load the boat"Eloro is encouraged with the drilling results to date, especially when considering the limited amount of drilling so far," stated Thomas Larsen, president and chief executive office of the company. "Eloro will immediately proceed with geophysics so that a continued diamond drill program can commence shortly, with the objective of further enhancing both easterly and westerly targets along the Hurdman zinc/silver and gold corridor." Buy on the dips folks - last news released yielded a slight sell-off before the 25% run that followed it 2 weeks later... ELO and UNI should be homeruns.
Bullboard Posts