TORONTO, June 13, 2018 -- Eloro Resources Ltd. is pleased to announce that the Corporation has appointed Philip Garratt, GAICD, as a member of Eloro’s Board of Directors, William Pearson, Ph.D., P. Geo. as Eloro’s President and Charles L. Fyfe A. as General Manager of Compañia Minera Eloro Peru S.A.C., the Corporation’s wholly-owned Peruvian subsidiary. Mr. Garratt brings more than thirty years of [...]
Eloro Resources and its joint venture partner EHR Resources Limited, are pleased to announce that they are proceeding with a 4,000m diamond drilling program to test the Rufina and San Markito target areas on the La Victoria Au Property in the North-Central Mineral Belt of Peru. The drill permit for Rufina has been issued and Energold Drilling Peru S.A.C.SA has been recommissioned to undertake this work program commencing [...]
TORONTO, April 04, 2018 -- Eloro Resources Ltd. is pleased to provide an update on planned diamond drilling and geological work at its 90% owned La Victoria Gold/Silver Project in Ancash Department, Peru. EHR Resources Limited of Perth, Australia, is earning up to a 25% interest in La Victoria and has earned a 10% interest with the successful completion of Phase I exploration . Eloro completed 2,261m of reconnaissance [...]
TORONTO, March 01, 2018 -- Eloro Resources Ltd. is pleased to announce the initiation of the next stage of exploration, including exploratory drilling at the La Victoria Gold Property in the North-Central Mineral Belt of Peru. EHR Resources Limited , which currently holds a 10% interest through its Peruvian subsidiary and is earning up to a 25% interest in La Victoria, has notified Eloro that it is proceeding with the [...]
TORONTO, Jan. 16, 2018 -- Eloro Resources Ltd. is pleased to announce that it has completed 2,261m of reconnaissance diamond drilling in 8 holes at the Rufina Target on the La Victoria Au Property in the North-Central Mineral Belt of Peru. Figure 1 is a plan map showing locations of the drill holes and hole traces. Holes ERU-01, -02, -03, -04 and -09 are on a NE-SW cross section approximately 800m long. Holes ERU-06, -07 [...]
TORONTO, Dec. 20, 2017 -- Eloro Resources Ltd. announces that EHR Resources Limited has completed the requirements to earn a ten interest in Eloro’s La Victoria Gold-Silver Project in the north-central mineral belt of Peru. In connection with the 10% Earn-In, EHR was required to spend C$2 million on exploration and this expenditure requirement has been satisfied. EHR also holds an option to acquire an additional 15 [...]
TORONTO, Nov. 30, 2017 -- Eloro Resources Ltd. announces the grant of options to consultants to purchase an aggregate of 200,000 common shares of Eloro, exercisable at $0.87 per share at any time on or before November 30, 2022. 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 regulatory [...]
TORONTO, Oct. 25, 2017 (GLOBE NEWSWIRE) -- Eloro Resources Ltd. (TSX-V:ELO) (FSE:P2Q) (“Eloro” or the “Corporation”) is pleased to announce the Use of Water permit has been received which allows Eloro to commence diamond drilling on the Rufina Zone of the La Victoria Gold/Silver Project in Peru (“La Victoria”). "Although La Victoria is located near world-class gold mines including [...]
Eloro Resources is pleased to announce that Compania Minera Eloro Peru S.A.C., Eloro's wholly-owned Peruvian subsidiary, has received its 'Permiso para Inicio de las Actividades de Exploracion' that authorizes the drilling of up to 10 sites within the Rufina zone of the La Victoria Gold/Silver Project, Pallasca Province, Ancash Department, Peru.
Eloro Resources is pleased to announce that Mr. Charles L. Fyfe A. has joined the Advisory Board of Eloro Resources Ltd. as Senior Business Advisor. Charles is an Anglo-Peruvian, holding both British and Peruvian citizenship, and is a well-regarded financial and business consultant. Over the past 25 years, he has worked extensively in mergers, acquisitions, divestitures, corporate finance, brokerage, and financial [...]
Eloro Resources is pleased to announce it has completed a previously announced non-brokered private placement, which was increased to 655,000 units of Eloro at a price of $0.70 per unit for gross proceeds of $458,500. Each Unit consists of one Common Share and one half of one Common Share purchase warrant. Each whole Warrant entitles the holder to purchase one Common Share at a price of $1.00 per share for a term of 24 [...]
loro Resources is pleased to announce that it is proceeding with a non-brokered private placement of 600,000 units of Eloro at a price of $0.70 per unit for proceeds of $420,000. 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 $1.00 per share for a term of 24 months following the closing of [...]
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