NetworkNewsBreaks – Eloro Resources Ltd. (TSX.V:
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Posted On: 12/18/2023 4:37:20 PM
NetworkNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Reports ‘Encouraging’ Results from Definition Drill Program at Iska Iska Project
Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM), a leading exploration and mine development company, is reporting on the first assay results from five of the 11 drill holes in its current definition drill program at the Iska Iska silver-tin polymetallic project, which is situated in southwestern Bolivia. According to the announcement, the drill hole results are “most encouraging” because they demonstrate substantive higher-grade intervals, especially for silver, in the potential starter pit mineral resource area, which may now be potentially upgraded and expanded. The definition diamond drill program is focused on upgrading and expanding the higher-grade Polymetallic (“Ag-Zn-Pb”) Domain Type inferred mineral resource. “These latest drill hole results are very encouraging,” said Eloro Resources CEO Tom Larsen in the press release. “They demonstrate substantive higher-grade intervals, especially for silver, in the potential starter pit mineral resource area that may now be potentially upgraded and expanded. Significant tin is present in several holes with grades up to 0.5%, highlighting the chances to expand and increase the grade of the tin resource, which is a high priority exploration target in 2024. As we expected, the higher-grade silver and tin intercepts from this definition drill program are demonstrating selective higher-grade metal zonation within the starter pit area and the Tin (‘Sn-Ag-Pb’) domain. We expect to release results from the six remaining definition drill holes in the first part of January 2024, concluding our first phase infill definition drilling program aimed to enhance grade and expand tonnage in the Santa Barbara starter pit area.”
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Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM), a leading exploration and mine development company, is reporting on the first assay results from five of the 11 drill holes in its current definition drill program at the Iska Iska silver-tin polymetallic project, which is situated in southwestern Bolivia. According to the announcement, the drill hole results are “most encouraging” because they demonstrate substantive higher-grade intervals, especially for silver, in the potential starter pit mineral resource area, which may now be potentially upgraded and expanded. The definition diamond drill program is focused on upgrading and expanding the higher-grade Polymetallic (“Ag-Zn-Pb”) Domain Type inferred mineral resource. “These latest drill hole results are very encouraging,” said Eloro Resources CEO Tom Larsen in the press release. “They demonstrate substantive higher-grade intervals, especially for silver, in the potential starter pit mineral resource area that may now be potentially upgraded and expanded. Significant tin is present in several holes with grades up to 0.5%, highlighting the chances to expand and increase the grade of the tin resource, which is a high priority exploration target in 2024. As we expected, the higher-grade silver and tin intercepts from this definition drill program are demonstrating selective higher-grade metal zonation within the starter pit area and the Tin (‘Sn-Ag-Pb’) domain. We expect to release results from the six remaining definition drill holes in the first part of January 2024, concluding our first phase infill definition drilling program aimed to enhance grade and expand tonnage in the Santa Barbara starter pit area.”
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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