NetworkNewsBreaks – Eloro Resources Ltd.’s (TS
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Posted On: 05/26/2023 3:44:22 PM
NetworkNewsBreaks – Eloro Resources Ltd.’s (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) VP of Exploration Eyes ‘Potential for Two World-Class Deposits’
Eloro Resources (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM), an exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec, was recently featured in a corporate update by Focus Communications. Eloro’s Executive VP of Exploration, Bill Pearson, was a guest of the program and discussed the company’s latest drill results from its ongoing drilling activity within the Santa Barbara High-Grade Zone and provided guidance on its next steps. “Since acquiring an option to purchase a 100% interest in the highly prospective Iska Iska Property, which hosts a major silver-tin polymetallic porphyry-epithermal complex, Eloro Resources has carried out over 85,000 metres of diamond drilling activity across 122 holes between September 2020 and November 2022,” reads a recent article. “Initial findings have been promising; as Pearson explained, holes DSB-50, DSB-51 and DSB-52, the southernmost holes tested to determine the potential south-southeastern extension of the high-grade one at Santa Barbara, each returned well mineralized intersections over 100m core length. Along with noting that the drill holes explored within the Santa Barbara Deposit’s south-southeastern extension have been notable rich in zinc values, Pearson also suggested that the three holes effectively expanded the strike extent of the Santa Barbara High-Grade Zone to between 1,100m and 1,200m, thus significantly expanding the potential pittable resource. . . With drilling and geophysical surveys now taking place to explore the potential major tin porphyry target south of Iska Iska as well as on the Casiterita property to the southwest, Pearson reaffirmed his confidence that Eloro Resources had the ‘potential to [uncover] two world-class deposits’ with ‘one likely in the bank at Santa Barbara.’”
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Eloro Resources (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM), an exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec, was recently featured in a corporate update by Focus Communications. Eloro’s Executive VP of Exploration, Bill Pearson, was a guest of the program and discussed the company’s latest drill results from its ongoing drilling activity within the Santa Barbara High-Grade Zone and provided guidance on its next steps. “Since acquiring an option to purchase a 100% interest in the highly prospective Iska Iska Property, which hosts a major silver-tin polymetallic porphyry-epithermal complex, Eloro Resources has carried out over 85,000 metres of diamond drilling activity across 122 holes between September 2020 and November 2022,” reads a recent article. “Initial findings have been promising; as Pearson explained, holes DSB-50, DSB-51 and DSB-52, the southernmost holes tested to determine the potential south-southeastern extension of the high-grade one at Santa Barbara, each returned well mineralized intersections over 100m core length. Along with noting that the drill holes explored within the Santa Barbara Deposit’s south-southeastern extension have been notable rich in zinc values, Pearson also suggested that the three holes effectively expanded the strike extent of the Santa Barbara High-Grade Zone to between 1,100m and 1,200m, thus significantly expanding the potential pittable resource. . . With drilling and geophysical surveys now taking place to explore the potential major tin porphyry target south of Iska Iska as well as on the Casiterita property to the southwest, Pearson reaffirmed his confidence that Eloro Resources had the ‘potential to [uncover] two world-class deposits’ with ‘one likely in the bank at Santa Barbara.’”
Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer
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