NetworkNewsBreaks – Eloro Resources Ltd. (TSX.V:
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Posted On: 02/10/2023 4:23:51 PM
NetworkNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) CEO Discusses Promising Drill Results in New Interview
Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) is an exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec. The company was featured in a new video interview where its CEO Thomas Larsen discussed promising results from its definition drilling program at the Iska Iska silver-tin polymetallic project in the Potosi Department, southern Bolivia. “Hole DHK-27 when determining grade times intercept of 65,887 g Ag eq/t-m is the second most valuable drill hole recorded to date and only just behind the 441-meter 66,389 g Ag eq/t-m intersection in hole DSB-30 reported last fall. These are remarkable intercepts and grades,” Larsen was quoted as saying in the company’s Jan. 31 press release announcing the results. “The significance of DHK-27 is the consistent high silver grades averaging 69.80 g Ag/t over a length of 325.48 meters, which is close to true thickness. The higher grade 182.02 g Ag/t over 109.60 m portion of hole DHK-27 attests to the potential of outlining much higher-grade areas in the Santa Barbara deposit with further drilling. It is also important to note that calculations for equivalent Ag grade in this release are based on July 2022 metal prices, which for the major metals at Iska Iska are 13% to 33% lower than current prices hence the quoted values for silver equivalent are conservative.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) is an exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec. The company was featured in a new video interview where its CEO Thomas Larsen discussed promising results from its definition drilling program at the Iska Iska silver-tin polymetallic project in the Potosi Department, southern Bolivia. “Hole DHK-27 when determining grade times intercept of 65,887 g Ag eq/t-m is the second most valuable drill hole recorded to date and only just behind the 441-meter 66,389 g Ag eq/t-m intersection in hole DSB-30 reported last fall. These are remarkable intercepts and grades,” Larsen was quoted as saying in the company’s Jan. 31 press release announcing the results. “The significance of DHK-27 is the consistent high silver grades averaging 69.80 g Ag/t over a length of 325.48 meters, which is close to true thickness. The higher grade 182.02 g Ag/t over 109.60 m portion of hole DHK-27 attests to the potential of outlining much higher-grade areas in the Santa Barbara deposit with further drilling. It is also important to note that calculations for equivalent Ag grade in this release are based on July 2022 metal prices, which for the major metals at Iska Iska are 13% to 33% lower than current prices hence the quoted values for silver equivalent are conservative.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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