- Eloro Resources (ELO) has announced the results of another seven drill holes from its ongoing program at Iska Iska
- Dr. Bill Pearson, Executive VP of Exploration, sat down with Dave Jackson to discuss the results
- Two of these holes are underground holes drilled from the Santa Barbara adit, three tested the Central Breccia Pipe target, and two tested the Proco Breccia Pipe target
- Eloro currently has three active diamond drill rigs at Iska Iska, two surface rigs, and one underground drill
- The company has completed 40,000 metres of its planned 51,000-metre drill program to date
- Eloro is an exploration and mine development company with a portfolio of gold and base metal properties in Bolivia, Peru, and Quebec
- Shares in Eloro Resources (ELO) are up 2.86 per cent, trading at $3.60 per share
Eloro Resources (ELO) has announced the results of another seven drill holes from its ongoing program at Iska Iska in Bolivia.
Dr. Bill Pearson, Executive VP of Exploration, sat down with Dave Jackson to discuss the results.
Two of these holes are underground holes drilled from the Santa Barbara adit. Both holes intersected significant mineralization, including 239.72 grams of silver equivalent per tonne over 82.74 metres.
Three of the holes tested the Central Breccia Pipe (CBP) target. Two of the holes returned 14 and 21 reportable mineralized intervals, respectively, including 104.05 g/t silver equivalent over 39.03 metres and 183 g/t silver equivalent over 8.99 metres.
The final two holes reported in this release tested the Porco Breccia Pipe (PBP) target. These two surface holes returned up to 409.55 g/t silver equivalent over 3.02 metres at depth. This intercept, the company believes, is approximately 340 metres below and likely the same mineralized structure as in the Porco adit.
Eloro has three active diamond drill rigs at Iska Iska, two surface rigs, and one underground drill. The company has completed 40,000 metres of its planned 51,000-metre drill program to date and plans to complete an initial mineral resource estimate by Q2 2022.
Eloro is an exploration and mine development company with a portfolio of gold and base metal properties in Bolivia, Peru, and Quebec.
Shares in Eloro Resources (ELO) are up 2.86 per cent, trading at $3.60 per share as of 12:25 pm EST.