March 27, 2024 -- Eloro Resources Ltd. is pleased to announce that, further to its March 13, 2024 news release, it has closed its non-brokered prospectus exempt offering of units of the Company pursuant to the listed issuer financing exemption available under Part 5A of National Instrument 45-106 - Prospectus Exemptions). A total of 3,000,000 Units [...]
Eloro Resources Ltd. is pleased to announce a non-brokered prospectus exempt offering of up to 3,300,000 units of the Company at a price of C$1.20 per Unit for gross proceeds of up to C$3,960,000, pursuant to the listed issuer financing exemption available under Part 5A of National Instrument 45-106 - Prospectus Exemptions . There is an offering [...]
Eloro Resources Ltd. is pleased to announce that, by mutual agreement with Empresa Minera Villegas S.R.L. , the title holder of the Iska Iska silver-tin polymetallic project in the Potosi Department, southern Bolivia , the payment schedule in connection with the remaining portion of US$5.1 million of the aggregate US$10 million payment required for [...]
Eloro Resources Ltd. is pleased to announce that, by mutual agreement with Empresa Minera Villegas S.R.L. , the title holder of the Iska Iska silver-tin polymetallic project in the Potosi Department, southern Bolivia , the payment schedule in connection with the remaining portion of the aggregate US$10 million payment required for Eloro to earn a [...]
New chargeability high southeast of the MRE open pit indicates that the major mineralized structural corridor that is up to 800m wide extends a further 600m along strike to the southeast for an overall strike length of at least 2km. This new area has not been drilled. Chargeability highs correlate very well with areas of high-grade mineralization [...]
Metallurgical tests from a 6.3 tonne PQ drill core bulk sample representative of the higher grade Polymetallic Domain returned a significantly higher average silver value of 91 g Ag/t compared to the weighted average grade of the original twinned holes at 31 g Ag/t strongly suggesting that the average silver grade is likely significantly [...]
Hole DSB-66 above also returned other well mineralized intersections including: 24.67g Ag/t, 1.08% Zn, 0.83% Pb and 0.08% Sn over 86.39m, and 7.46g Ag/t, 2.51% Zn, 1.02% Pb and 0.06% Sn over 74.85m Hole DSB-65 intersected 118.86g Ag/t*, 0.35% Zn, 0.35% Pb and 0.15% Sn over 81.28m including a very high-grade sample of: 5,080g Ag/t, 0.12 g Au/t [...]
Hole DSB-61 above also returned other well mineralized intersections as follows: 33.83 g Ag/t, 1.53% Zn, 0.93% Pb and 0.14% Sn over 178.99m including 120.37 g Ag/t, 2.13% Zn, 1.57% Pb and 0.19% Sn over 18.25m,175.23 g Ag/t, 2.44% Zn, 0.56% Pb and 0.12% Sn over 9.11m and 17.03 g Ag/t, 4.13% Zn, 1.30% Pb and 0.15% Sn over 19.48mm Significant results [...]
Three PQ sized metallurgical holes have been completed, two in the higher-grade Polymetallic Domain Type and one in the higher-grade Tin Domain Type with core shipped to Wardell Armstrong International in Cornwall The Polymetallic Domain Type metallurgical testwork will focus on the predominant sulphide domain, while confirmatory testwork on the [...]
Eloro Resources Ltd. is pleased to announce that in connection with the annual meeting of the Company`s shareholders , that was held virtually on October 30, 2023, and in accordance with TSX reporting requirements, the following voting results were obtained. A total of 29,893,834 common shares representing 38.90% of the Company`s issued and [...]