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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

Post by gamer007on Feb 23, 2021 12:59pm
191 Views
Post# 32637708

Press release...........my positive take-away !

Press release...........my positive take-away !Clearly, a diissapointed group of shareholders..............with high expectations........hunting for more euphoria........... felt a need to capitulate..................the true nature of momo players/traders !

But in the end there is nothing negative regarding the content of the release.....on the contrary.......

.......yes delays with covid.......and underground grades similar to other underground assays......new mineraliztion requiring different assay techniques .... yada yada yada........BUT we are getting more information about the nature of the beast................

Dr. Arce has wrapped his head around three distinct styles of mineralization in HK, SBBP and CBP, all of which will contribute to the overall project with more complexity of what is still a avery HUGE system..........3/4 other pipes not even tested !

Very Noteworthy is the last 15 meters at the bottom of CBP.............    .23% sn, 13.3 gms Ag and .89 au................this represents 51 + 12 + 56 = $119 /ton rock within  this porphyry !

This is a SIGNIFICANT development !

A few hundred million tonnes of this grade will put this project seriously on the map !

The smart money is sucking up all this unloved paper, as this is just the beginning !!!!

That includes me................ as well !!

GLTA

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