Eloro Resources Ltd. is pleased to announce that it is proceeding with a non-brokered private placement of up to 625,000 units of Eloro at a price of $0.40 per unit for proceeds of up to $250,000. Each Unit will consist of one common share and one half of one Common Share purchase warrant . Each whole Warrant will entitle the holder to purchase one [...]
Eloro Resources Ltd. announces that it has completed the previously announced shares-for-debt transaction with insiders of the Corporation who are related parties, whereby Eloro issued 962,000 Common Shares at a price of $0.50 per Common Share to settle debts of $481,000. The transaction is being undertaken by Eloro in order to conserve capital and [...]
Eloro Resources Ltd. announces its intention to proceed with a shares-for-debt transaction with insiders of the Corporation who are related parties , in which Eloro proposes to issue 962,000 Common Shares at a price of $0.50 per Common Share to settle debts of $481,000. The transaction is being undertaken by Eloro in order to conserve capital and [...]
Eloro Resources Ltd. is pleased to provide an update on the La Victoria Gold Project in the north-central mineral belt of Peru which it is exploring with its joint venture partner EHR Resources . EHR currently holds a 10% interest through its Peruvian subsidiary and is earning up to a 25% interest in La Victoria. Eloro’s Peruvian subsidiary [...]
TORONTO, July 30, 2018 -- Eloro Resources Ltd. announces the grant of options to a consultant to purchase an aggregate of 50,000 common shares of Eloro, exercisable at $0.50 per share at any time on or before July 30, 2023. The grant is subject to TSX Venture Exchange acceptance and is made in accordance with and subject to the terms of [...]
TORONTO, June 13, 2018 -- Eloro Resources Ltd. is pleased to announce that the Corporation has appointed Philip Garratt, GAICD, as a member of Eloro’s Board of Directors, William Pearson, Ph.D., P. Geo. as Eloro’s President and Charles L. Fyfe A. as General Manager of Compañia Minera Eloro Peru S.A.C., the Corporation’s [...]
Eloro Resources and its joint venture partner EHR Resources Limited, are pleased to announce that they are proceeding with a 4,000m diamond drilling program to test the Rufina and San Markito target areas on the La Victoria Au Property in the North-Central Mineral Belt of Peru. The drill permit for Rufina has been issued and Energold Drilling Peru [...]
TORONTO, April 04, 2018 -- Eloro Resources Ltd. is pleased to provide an update on planned diamond drilling and geological work at its 90% owned La Victoria Gold/Silver Project in Ancash Department, Peru. EHR Resources Limited of Perth, Australia, is earning up to a 25% interest in La Victoria and has earned a 10% interest with the successful [...]
TORONTO, March 01, 2018 -- Eloro Resources Ltd. is pleased to announce the initiation of the next stage of exploration, including exploratory drilling at the La Victoria Gold Property in the North-Central Mineral Belt of Peru. EHR Resources Limited , which currently holds a 10% interest through its Peruvian subsidiary and is earning up to a 25 [...]
TORONTO, Jan. 16, 2018 -- Eloro Resources Ltd. is pleased to announce that it has completed 2,261m of reconnaissance diamond drilling in 8 holes at the Rufina Target on the La Victoria Au Property in the North-Central Mineral Belt of Peru. Figure 1 is a plan map showing locations of the drill holes and hole traces. Holes ERU-01, -02, -03, -04 and [...]
TORONTO, Dec. 20, 2017 -- Eloro Resources Ltd. announces that EHR Resources Limited has completed the requirements to earn a ten interest in Eloro’s La Victoria Gold-Silver Project in the north-central mineral belt of Peru. In connection with the 10% Earn-In, EHR was required to spend C$2 million on exploration and this expenditure [...]
TORONTO, Nov. 30, 2017 -- Eloro Resources Ltd. announces the grant of options to consultants to purchase an aggregate of 200,000 common shares of Eloro, exercisable at $0.87 per share at any time on or before November 30, 2022. The grant is subject to TSX Venture Exchange acceptance and is made in accordance with and subject to the terms of [...]