Eloro Resources is pleased to announce that Mr. Peter Marrone, a shareholder of Eloro, has agreed to serve as an independent advisor to provide support and strategic advice to management on matters of project advancement and business development in relation to its Iska Iska project. Peter Marrone is Executive Chairman of Yamana Gold Inc., which he founded in 2003 and which recently announced that it is to be acquired by [...]
Eloro Resources is pleased to announce assay results from an additional four (4) diamond drill holes from its on-going drilling program at the Iska Iska silver-tin polymetallic project. Holes DSBU-08, DSBU-07 and DSBU-04 are underground holes drilled from the Santa Barbara adit to test the southwestern and southern extension of the higher-grade mineralized zone. Surface drill hole DSB-26 tested the northwest extension of [...]
Eloro Resources is pleased to announce that it has closed its previously announced bought deal financing of 3,007,710 units of the Company (the "Units") at a price of C$3.25 per Unit for gross proceeds to the Company of C$9,775,057.50. The Offering was underwritten on a bought deal basis by Cormark Securities Inc. as underwriter, pursuant to an underwriting agreement dated May 16, 2022 between the Company and the [...]
Eloro Resources Ltd. is pleased to announce that in connection with its previously announced bought deal financing, the Company and Cormark Securities Inc., have agreed to increase the size of the previously announced financing. The Underwriter has agreed to purchase, on a bought deal basis, 2,615,400 units of the Company at a price of C$3.25 per Unit for gross proceeds to the Company of approximately C$8.5 million . Each [...]
Eloro Resources Ltd. is pleased to announce that it has entered into an agreement with Cormark Securities Inc. to act as sole underwriter , pursuant to which the Underwriter has agreed to purchase, on a bought deal basis, 1,538,480 units at a price of C$3.25 per Unit for gross proceeds to the Company of C$5,000,060 . Each Unit will consist of one common share in the capital of the Company and one-half of one common share [...]
Eloro Resources is pleased to announce that it has filed on SEDAR an updated technical report on the Company’s Iska Iska silver-tin polymetallic project, prepared by Micon International Ltd and in accordance with National Instrument 43-101. Eloro also announces that it has filed a final short form base shelf prospectus with the securities regulatory authorities in each of the provinces of Canada except Québec.
Includes a higher-grade section in this underground hole DSBU-06 of 314.52 g Ag eq/t over 50.68m and an additional intersection of 110.57 g Ag eq/t over 128.44m further down the hole. Overall, for DSBU-06, 86% of this 599.8m long hole had reportable intersections, which collectively average 129.70 g Ag eq/t. Underground hole DSBU-05 on the same due north section as DSBU-06, but shallower at -400, intersected 141.05 g Ag [...]
Eloro Resources Ltd. is pleased to announce assay results from an additional two diamond drill holes from its on-going drilling program at the Iska Iska silver-tin polymetallic project in the Potosi Department, southern Bolivia. Hole METSBUG-01 is an underground hole drilled for metallurgical sampling purposes from the Santa Barbara adit, while step-out hole DSB-25
Eloro Resources Ltd. announces that it has filed a preliminary short form base shelf prospectus with the securities regulatory authorities in each of the provinces of Canada except Qu?bec. The base shelf prospectus, when final, will allow Eloro to qualify the distribution by way of prospectus of up to C$100 million, in aggregate, of common shares, warrants and units, or any combination thereof, from time to time during [...]
Eloro Resources Ltd. announces the grant of stock options to directors and officers of the Corporation to purchase an aggregate of 1,025,000 common shares of Eloro, exercisable at $4.65 per share at any time on or before March 3, 2027. 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 [...]
Eloro Resources Ltd. is pleased to announce assay results from an additional diamond drill hole from its on-going drilling program at the Iska Iska silver-tin polymetallic project in the Potosi Department, southern Bolivia. Hole DSBU-03, an underground hole drilled due west from the Santa Barbara adit at -50 degrees, has discovered major new depth extensions of
Includes higher-grade sections of 507.64 g Ag eq/t over 49.55m from 0.0 to 49.55m and 196.67 g Ag eq/t over 77.77m in underground drill hole METSBUG-02. Hole DSB-20, which is in approximately the centre of the NW Extension target area, intersected 22 reportable intersections with a best result of 129.42 g Ag eq/t over 73.65m including a higher-grade section of 204.03 g Ag eq/t over 28.57m. TORONTO, Feb. 23, 2022 -- [...]
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