NetworkNewsBreaks – Eloro Resources Ltd. (TSX: E
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Posted On: 08/04/2023 5:29:53 PM
NetworkNewsBreaks – Eloro Resources Ltd. (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) Eyes Remarkable Opportunity to Outline Two World-Class Deposits
Eloro Resources (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM), an exploration and mining company, remains on track to publish its inaugural NI 43-101 compliant mineral resource estimate focused around the Santa Barbara High-Grade Zone at its Iska Iska site. Simultaneously, the company is looking to continue its ongoing drilling and geophysical surveys in the southernmost extremes of the Iska Iska site as well as within the Casiterita property to the southwest. “A positive finding, coupled with initial successes within the site’s Santa Barbara region, could translate into a scenario, which as Eloro’s Executive Vice President of Exploration Bill Pearson puts it, affords Eloro Resources the ‘remarkable opportunity at Iska Iska to outline [not one, but] two world-class deposits,’” a recent article reads. “Discovered by Dr. Osvaldo Arce, a former president of the Bolivian Geological Society and highly prominent Bolivian geologist, and optioned by Eloro Resources as of Jan. 6, 2020, early exploratory drilling work at the Iska Iska site identified a major dacite porphyry in the center of the region’s caldera – a volcanic rock often associated with large mineral finds. Moreover, and having uncovered a number of holes featuring well mineralized intersections within the Santa Barabara Adit, expanding the strike extent of the Santa Barbara High-Grade Zone to upwards of 1,250m, Eloro Resources has now shifted its attention towards the Mina Casiterita property, located to the immediate southwest of Iska Iska.”
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Eloro Resources (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM), an exploration and mining company, remains on track to publish its inaugural NI 43-101 compliant mineral resource estimate focused around the Santa Barbara High-Grade Zone at its Iska Iska site. Simultaneously, the company is looking to continue its ongoing drilling and geophysical surveys in the southernmost extremes of the Iska Iska site as well as within the Casiterita property to the southwest. “A positive finding, coupled with initial successes within the site’s Santa Barbara region, could translate into a scenario, which as Eloro’s Executive Vice President of Exploration Bill Pearson puts it, affords Eloro Resources the ‘remarkable opportunity at Iska Iska to outline [not one, but] two world-class deposits,’” a recent article reads. “Discovered by Dr. Osvaldo Arce, a former president of the Bolivian Geological Society and highly prominent Bolivian geologist, and optioned by Eloro Resources as of Jan. 6, 2020, early exploratory drilling work at the Iska Iska site identified a major dacite porphyry in the center of the region’s caldera – a volcanic rock often associated with large mineral finds. Moreover, and having uncovered a number of holes featuring well mineralized intersections within the Santa Barabara Adit, expanding the strike extent of the Santa Barbara High-Grade Zone to upwards of 1,250m, Eloro Resources has now shifted its attention towards the Mina Casiterita property, located to the immediate southwest of Iska Iska.”
Please see full terms of use and 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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