Eloro Resources Ltd. is pleased to announce that the Company has filed on SEDAR an independent technical report by Micon International Limited , prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects . This report, authored by Messrs. Charley Murahwi, P.Geo., Pr. Sci. Nat., FAusIMM and Richard Gowans, P.Eng., of Micon, supports Eloro’s planned exploration program at the Iska [...]
Eloro Resources Ltd. announces the grant of options to directors, officers, employees and consultants to purchase an aggregate of 1,755,000 common shares of Eloro, exercisable at $0.40 per share at any time on or before February 18, 2025. The grant is subject to TSX Venture Exchange acceptance and is made in accordance with and subject to the terms of Eloro’s stock option plan. In accordance with securities [...]
Eloro Resources Ltd. is pleased to announce that it has retained Micon International Limited to complete a National Instrument 43-101 Technical Report on the Iska Iska polymetallic epithermal project , in the Potosí Department, southern Bolivia, which is under option by Minera Tupiza S.R.L., Eloro’s wholly-owned Bolivian subsidiary. Eloro recently announced the signing of the Definitive Option Agreement on [...]
Eloro Resources Ltd. is pleased to announce the signing of the Definitive Option Agreement on the Iska Iska polymetallic epithermal project, in the Potosí Department, southern Bolivia by Minera Tupiza S.R.L., Eloro’s wholly-owned Bolivian subsidiary. “We are very pleased to complete the signing of the Definitive Agreement granting Eloro Resources Ltd. the option to acquire a 99% interest in the highly [...]
Eloro Resources Ltd. is pleased to announce that community elections in Pallasca, Ancash Department, Peru have been completed where a new President was elected. Eloro looks forward to working with the new President and the community in order to implement its plan to bring employment and benefits to the community in connection with the exploration of the San Markito Silver/Gold Zone. The La Victoria Gold/Silver Project in [...]
Eloro Resources Ltd. is pleased to announce that it has closed the final tranche of a previously announced non-brokered private placement for gross proceeds of $194,607, pursuant to the offering of 2,000,000 units of Eloro at a price of $0.25 per unit for total aggregate proceeds of $500,000. A total of 778,430 Units were issued to investors, including a director and senior officers of Eloro, in connection with the [...]
Eloro Resources Ltd. is pleased to announce that it has closed the first tranche of a previously announced non-brokered private placement for gross proceeds of $305,393, pursuant to the offering of up to 2,000,000 units of Eloro at a price of $0.25 per unit for total aggregate proceeds of up to $500,000. A total of 1,221,570 Units were issued to investors, including an insider and a director/senior officer of Eloro, in [...]
Eloro Resources Ltd. is pleased to announce that it is proceeding with a non-brokered private placement of up to 2,000,000 units of Eloro at a price of $0.25 per unit for proceeds of up to $500,000. Each Unit will consist of one common share and one half of one Common Share purchase warrant . Each whole Warrant will entitle the holder to purchase one Common Share at a price of $0.50 per share for a term of 18 months [...]
Eloro Resources Ltd. is pleased to announce it has signed a Letter of Intent with a private arm’s-length Bolivian-based corporation , granting Eloro an option to acquire up to a 100% interest in the Iska Iska Polymetallic Property , consisting of one mineral concession totalling 900 hectares. The Property is located in a world-class polymetallic mining district in the Potosi Department in the southern half of the [...]
Eloro Resources Ltd. is pleased to provide an update on the ongoing process to bring the San Markito Zone into an exploration and discovery focus. On May 19, 2019, a meeting was held with the residents of the community of Pallasca, Pallasca District, Ancash Department, Peru, where the San Markito target is located, at which representatives from Eloro and the Peruvian Ministry of Mines gave presentations about the economic [...]
Eloro Resources Ltd. is pleased to announce results of detailed mineral determination studies from representative rock samples collected from three mineralized sectors at the La Victoria Gold/Silver Project. The studies confirm free gold, free silver, sulphide gold and silver, and alloy gold and silver occur in a complex suite of sulphide mineralization at La Victoria, as suggested from drill data . A total of eighteen [...]
Eloro Resources Ltd. is pleased to announce drill results from the La Victoria Project diamond drill program that arise from a detailed in-house scientific analysis of the La Victoria Gold/Silver Project , upon which a two-phase diamond drilling project was recently completed. The reanalysis was done as part of an internal QA/QC audit from 4,216m in 12 diamond drill holes. The audit is being done by Jim Steel, MBA [...]