Eloro Resources Ltd.

Description

Eloro Resources Ltd is a Toronto-based mining company. It acquires, develops, and explores precious and base metals properties.

It operates in Canada, Bolivia, and Peru.

The mineral exploration company has an option to own a 99 per cent stake in the Iska Iska Property.

It is a silver tin project located in southern Bolivia.

Empresa Minera Villegas S.R.L, a title holder, owns and operates this property. The property lies in the southwest portion of the Eastern Cordillera and is prospective for conducting polymetallic mines and mineral properties.

Micon International Limited finished a NI 43-101 Technical Report prepared by Eloro on the Iska Iska Property.

The company has an 82 per cent stake in the gold-silver La Victoria project, which is surrounded by La Arena and Lagunas Norte gold mines.

La Victoria hosts eight mining concessions and claims each in a land package of 89 square kilometers. This property consists of good infrastructure, including road, water, and electricity.

Iska Iska

The silver-tin polymetallic project is located in the Potosi Department of Bolivia that consists of the same mineralization age Cerro Rico de Potosí. It includes various deposits such as:
• San Vicente deposits
• Chorolque deposits
• Tasna and Tatasi deposits

The company has drilled 28 diamond holes of up to 10,677 meters to the various target areas, including:
• Huayra Kasa Mine area
• Santa Barbara Breccia Pipe
• Central Breccia Pipe targets

LA VICTORIA, Ancash, Peru

Eloro holds an 82 per cent stake in the La Victoria property, which is situated near project of Pan American Silver and Barrick companies.

La Victoria is situated near the Huandoval, Pallasca and Cabana centers.

QUÉBEC PROJECTS LAC HENRI

Lac Henri property and five distinct deposits are located in the James Bay region. It consists of the La Grande and Eastmain Greenstone Belts in Québec. It hosts prospective gold, silver, copper and zinc minerals.

Its project in Quebec also includes the Delta property situated in Matagami.

The Eastmain property is surrounded by the Opinaca Reservoir and Val-d’Or in Quebec.

Lemoyne North Property is situated in the north-east town of Matagami, Quebec. It is further located in the La Grande Greenstone Belt in the La Grande Sub-region.