NetworkNewsBreaks – Eloro Resources Ltd. (TSX.V:
Post# of 136
Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM), an exploration and mine development company, is focused on its key Bolivian property Iska Iska. “Iska Iska is located in the prolific Potosi region of Southern Bolivia, an area renowned for its world-class silver and tin deposits. It is located a mere 180 kilometers south of the Cerro Rico deposit, which is widely acknowledged as one of the world’s most prolific silver deposits, having produced over 2.5 billion silver ounces since the sixteenth century and still producing today… Eloro commenced the inaugural drill program at the Iska Iska site in September 2020 and, since then, has drilled over 120 holes and 85,000 meters within the property. These initial discoveries in late 2020 convinced the company of the site’s relative potential,” a recent article reads. “CEO Thomas Larsen further revealed [during an interview with Commodity TV] that Eloro Resources was acquiring the Mina Casiterita and Mina Hoyada properties that adjoin the existing Iska Iska deposit toward the property’s western and south-western boundaries. These two properties have the same mineral characteristics as that of Iska Iska, allowing a potential extension of the overall deposit but, just as importantly, easier access to the potential tin deposit below. Larsen explained that artisanal mining in the 1960s had revealed the Mina Casiterita property to contain significant amounts of tin.”
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