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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 OgnyQ4on Aug 16, 2023 9:18am
190 Views
Post# 35590628

high expectations

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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