Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM), an exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec, recently released positive results from its fully financed drill program at its Iska Iska project in Bolivia. “Results from the company’s diamond drilling program – a process that uses diamond drills to extract solid cores deep within the site – revealed significant proportions of precious metals from 21 drill holes, including five surface and two underground holes. In addition, the new data extends the zone a further 250 meters to the south-southeast, with a potential overall strike length of at least 2 kilometers, according to a 3D inverse magnetic model,” a recent article reads. “We put out another blockbuster release today (with an) absolutely remarkable drill hole of 440 meters long – almost four and a half football fields. Excellent grade 150 grams silver colloid with a lot of zinc, lead, silver, and some tin. We had another higher-grade hole that was 185 grams silver per tonne, with a lot more silver (at) almost 45 grams per tonne, with lead, copper and tin,” Bill Pearson, Eloro’s EVP of Exploration, is quoted as saying.
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About Eloro Resources Ltd.
Eloro is an exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec. Eloro has an option to acquire a 99% interest in the highly prospective Iska Iska Property, which can be classified as a polymetallic epithermal-porphyry complex, a significant mineral deposit type in the Potosi Department, in southern Bolivia. A recent NI 43-101 technical report on Iska Iska, which was completed by Micon International Limited, is available on Eloro’s website and under its filings on SEDAR. Iska Iska is a road-accessible, royalty-free property. Eloro 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 approximately 89 square kilometers. La Victoria has good infrastructure with access to road, water and electricity and is located at an altitude that ranges from 3,150m to 4,400m above sea level. For more information about the company, visit www.EloroResources.com
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