Eloro Resources Ltd. is pleased to announce that in connection with the annual and special meeting of the Company`s shareholders , that was held virtually on September 30, 2024, and in accordance with TSX reporting requirements, the following voting results were obtained. A total of 32,499,132 common shares representing 40.475% of the Company`s [...]
Eloro Resources Ltd. is pleased to announce it has received a lead order from the Company's largest shareholder and strategic investor, Crescat Capital LLC, in connection with a non-brokered private placement offering of up to 3,000,000 units of the Company at $0.90 per unit for gross proceeds of up to $2,700,000. "Iska Iska is one of the most [...]
Updated modelling of the potential starter pit area at Santa Barbara indicates that areas with higher-grade mineralization typically have much better drilling density, whereas holes outside the core area are too widely spaced to give an accurate grade estimate. This increased drilling density is particularly important for defining the extent of the [...]
Updated modelling of the potential starter pit area at Santa Barbara zone highlights the importance of completing additional drilling to better define the grade and extent of the mineral resource in this area. Areas with higher-grade resource typically have much better drilling density but holes outside the core potential pit area are too widely [...]
Eloro Resources Ltd. is pleased to announce, in collaboration with the Canadian Bolivian Chamber of Commerce, the release of "Viva Tupiza! Viva Bolivia!" a short documentary produced and filmed in Bolivia in the Tupiza area where Eloro's Iska Iska silver-tin polymetallic project is located. Eloro's CEO, Thomas Larsen, commented: "The working [...]
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 [...]
