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 [...]
Due to the multi-metal nature of the deposit, the resources are reported using Net Smelter Return cut-off values which are as follows: Polymetallic Domain = US$9.20/t for open pit mining and US$34.00/t for underground mining; Tin Domain = US$6.00/t for OP mining. Costs have been significantly reduced due to the major impact of the positive [...]
Eloro Resources Ltd. is pleased to announce commencement of a preliminary economic assessment for the Iska Iska silver-tin polymetallic project in the Potosi Department of southwestern Bolivia. The PEA study will consider the inferred mineral resource estimate of 560 million tonnes grading 13.8 g Ag/t, 0.73% Zn and 0.28% Pb in the Polymetallic [...]
The Watchlist by The Market Herald has announced the release of a new interview with Eloro Resources discussing their latest news. The Watchlist by The Market Herald provides investors with a quick snapshot of what they need to know about the company's latest press release through exclusive insights and interviews with company executives. Eloro [...]
Total in situ metal estimated to be 298 million ounces Ag, 4.09 million tonnes Zn, 1.74 million tonnes Pb and 130,000 tonnes Sn totalling 1.15 billion ounces silver equivalent. Due to the multi-metal nature of the deposit, the resources are reported using Net Smelter Return cut-off values which are as follows: Polymetallic domain = US$9.20/t for [...]
Tin mineralization at Casiterita is located 2km southwest of the Santa Barbara deposit indicating that the overall Iska Iska mineralizing system is much more extensive, as predicted from geophysical data. Further drilling is required to fully evaluate this prospective target area. Holes DHK-31, DSB-53 and DSB-54, drilled to fill-in gaps in drill [...]
Eloro Resources Ltd. is pleased to announce that it has closed its previously announced bought deal financing, including the exercise in full of the over-allotment option by the Underwriters, of 2,191,280 units of the Company at a price of C$3.15 per Unit for gross proceeds to the Company of C$6,902,532 . The Offering was underwritten on a bought [...]
