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Eloro Resources (TSXV:ELO) reports latest high-grade assays from Bolivia

Mining, Sponsored, The Watchlist
TSXV:ELO
21 July 2022 14:30 (EDT)

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Eloro (ELO) reports assay results from two additional diamond drill holes from its on-going drilling program at the its Iska Iska Project.

The result stems from the two most recent diamond drill holes at the Bolivian property.

Hole DSBU-10 is an underground hole drilled at azimuth 400 at -600 dip across the higher-grade feeder zone.

Hole DHK-24 is a surface drill hole collared near Huayra Kasa with approximately 100m SE of Hole DSBU-10 and drilled to the SW at -600.

The company has completed 64,573m in 102 drill holes to-date at Iska Iska.

Bill Pearson, Executive VP of Exploration, spoke with Daniella Atkinson about the encouraging results.

“We continue to get impressive results from the higher-grade feeder zone at Santa Barbara.  Based on geological and geophysical evidence, it appears that this feeder zone may extend much further to the SE across the centre of the Iska Iska Caldera.  We are currently completing additional drill holes to test this possibility and have added an additional drill to further accelerate the program.” 

Eloro Resources is an exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec.

Eloro Resources Ltd. (ELO) opened trading at $3.44 per share.


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