Subscribe
Be the first with the news that moves the market- Eloro (ELO) has intersected up to 599.26 g/t silver equivalent from its Iska Iska Project
- The recent drilling intersected major new extensions of the Santa Barbara mineralized zone
- Bill Pearson, Executive VP of Exploration, spoke with Dave Jackson about the encouraging results
- Eloro Resources is an exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec
- Eloro (ELO) is up by 2.64 per cent trading at $5.05 per share
Eloro (ELO) has intersected up to 599.26 g/t silver equivalent from its Iska Iska Project.
The result stems from the two most recent diamond drill holes at the Bolivian property.
The company drilled underground hole METSBUG-01 to sample the higher-grade mineralized area of the Santa Barbara breccia pipe.
It intersected 182.34 g/t silver equivalent (29.85 g/t silver, 1.01 per cent Zn, 0.64 per cent Pb, 0.11 per cent Cu and 0.11 per cent Sn) over its full length of 351 m.
This includes a high-grade intersection of 599.26 g/t silver equivalent over 17.60 m.
The hole defines a major high-grade mineralized area that is 600 m wide and at least 600 m deep, which remains open along strike to the northwest and at depth.
Eloro drilled step-out hole DSB-25 400 m northwest of METSBUG-01.
The hole intersected up to 428.83 g/t silver equivalent (55.88 g/t silver, 0.19 g/t gold, 0.28 per cent Cu and 0.53 per cent Sn) over 17.93 m from 379.18 m to 397.11 m.
DSB-25 continues to confirm the extent of significant mineralization in Santa Barbara’s northwest extension.
Bill Pearson, Executive VP of Exploration, spoke with Dave Jackson about the encouraging results.
Eloro Resources is an exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec.
Eloro (ELO) is up by 2.64 per cent trading at $5.05 per share as of 10:53 am EST.
