Eloro Resources Ltd. has reported assay results from the final two drill holes of its second phase definition program at the Iska Iska Project in southern Bolivia. The results confirm expanded higher-grade zones within both the Tin and Silver-Polymetallic domains in the Santa Barbara starter pit area. The completed phase totaled 8,286.40 meters across sixteen holes, all of which intersected significant mineralization in areas previously modeled as waste.
Management noted that the results demonstrate a larger endowment of higher-grade silver-tin-polymetallic mineralization that is expected to upgrade and expand the Mineral Resource Estimate for the planned Preliminary Economic Assessment (PEA). This development is significant as it suggests the project's economic potential may be greater than initially modeled, with mineralization extending into zones once considered non-productive. The company has an option to acquire a 100% interest in the Iska Iska Property, which is classified as a polymetallic epithermal-porphyry complex, a significant mineral deposit type in the Potosi Department.
A recent NI 43-101 technical report on Iska Iska, completed by Micon International Limited, is available on Eloro's website and under its filings on SEDAR. The property is road-accessible and royalty-free, factors that enhance its development potential. These latest findings build upon previous exploration work at the site and come as the company prepares for the next stages of project evaluation. The confirmation of expanded higher-grade mineralization in what was previously considered waste material could have substantial implications for the project's economics and development timeline.
For more detailed information about the drill results, the full press release can be accessed at https://nnw.fm/69ynr. Additional information about the company is available at https://www.EloroResources.com.
