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, has completed a metallurgical drill program at its Iska Iska silver-tin polymetallic project in the Potosi Department of southwestern Bolivia. The company is now conducting a definition drill program designed to fill-in major gaps in the block model as well as expand the higher-grade zone both along and across strike. According to the announcement, work will also be completed on improving tin recovery for future use, which is a major, very underexplored, exploration target at Iska Iska. “This new drilling program will be an important part of our PEA, which commenced with a site visit by the preliminary economic assessment (‘PEA’) team in late September,” said Eloro Resources CEO Tom Larsen in the press release. “The cascade ‘ore-sorting’ tests at TOMRA will be a more thorough investigation of the applicability of the Santa Barbara mineralization for ‘XRT ore sorting’ and provide additional preconcentrated products for further metallurgical tests to optimize recoveries. Definition drilling is in progress to expand the shallow higher-grade mineral resource which has the potential to provide an early payback in the PEA.”
To view the full press release, visit https://ibn.fm/uv6yP
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 100% 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 kilometers south of the Lagunas Norte Gold Mine and Pan American Silver’s La Arena Gold Mine.
NOTE TO INVESTORS: The latest news and updates relating to ELRRF are available in the company’s newsroom at https://ibn.fm/ELRRF
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