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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

Comment by tbnorthstaron May 05, 2021 4:35pm
129 Views
Post# 33134439

RE:Reserves

RE:Reserves
Aldinho wrote:
I can find gr/t per drillhole ut i can't find how big the reserves are. Does anybody know how big the rerserves are?


Way, way, too early for that although there is talk of a 43-101 later on this year. What exactly it might entail is to be determined. Will give everyone a hint here, the underground drilling that has commenced will add ounces fast. I fully expect 300 million silver equivalent ounces in a real hurry. 

P.S. There has been some back of the envelope calculations already.....based on potential paramaters identified.

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