NetworkNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Eyes Opportunity Following Recent Exploratory Work at Its Iska Iska Project
Eloro Resources’ (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) EVP of Exploration Bill Pearson was recently part of an interview on Business TV (“BTV”) where he expressed his optimism on the company’s prospects following its recent exploratory work at its Iska Iska project located in southern Bolivia. “[Pearson also simultaneously suggested] that the possibility that Eloro could potentially uncover a world-class, multimillion-ounce deposit of silver and tin within the Iska Iska project may not be far off from the realm of possibility. Over the past two years, Eloro Resources has drilled upwards of 102 holes and over 70,000 cumulative meters across a tract of land measuring eight square kilometers; remarkably, according to Pearson, with every single drill hole boasting multiple intersections, the company had yet to come up dry on any of its initial probes. Eloro will now look to formulate its maiden resource estimate, with the upcoming publication of its initial NI 43-101 report providing the market with further scientific and technical information about the economic viability of its project,” a recent article reads. “There’s going to be a lot of good news coming out through the fall and culminating in the MRE (mineral resource estimation),” Pearson is quoted as saying. “There is a lot of upside in this story as we move forward with our initial MRE and, ultimately, that will lead to looking at possible developments down the road. There will be a major mine in Iska Iska one day, and it probably won’t be in such a distant future.”
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Eloro Resources’ (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) EVP of Exploration Bill Pearson was recently part of an interview on Business TV (“BTV”) where he expressed his optimism on the company’s prospects following its recent exploratory work at its Iska Iska project located in southern Bolivia. “[Pearson also simultaneously suggested] that the possibility that Eloro could potentially uncover a world-class, multimillion-ounce deposit of silver and tin within the Iska Iska project may not be far off from the realm of possibility. Over the past two years, Eloro Resources has drilled upwards of 102 holes and over 70,000 cumulative meters across a tract of land measuring eight square kilometers; remarkably, according to Pearson, with every single drill hole boasting multiple intersections, the company had yet to come up dry on any of its initial probes. Eloro will now look to formulate its maiden resource estimate, with the upcoming publication of its initial NI 43-101 report providing the market with further scientific and technical information about the economic viability of its project,” a recent article reads. “There’s going to be a lot of good news coming out through the fall and culminating in the MRE (mineral resource estimation),” Pearson is quoted as saying. “There is a lot of upside in this story as we move forward with our initial MRE and, ultimately, that will lead to looking at possible developments down the road. There will be a major mine in Iska Iska one day, and it probably won’t be in such a distant future.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
