- Eloro Resources Ltd. Owns a 98% interest in Minera Tupiza with an option to acquire 99% interest in a neighboring highly sought after, royalty-free property in southern Bolivia
- Eloro has an option to acquire a 99% interest in the 9 square km, highly prospective Iska Iska Property, which hosts a major silver-tin polymetallic porphyry-epithermal complex located 4,000m above sea level
Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM), a publicly traded exploration and mine development company, established in 1985 with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec.
Polymetallic Project in Bolivia
Bolivia’s modern mining laws and supportive political environment have made mining the largest contributor, at 30%, to the Bolivian economy. The country has a simple tax structure, no capital controls, 0% VAT on mining/industrial equipment, and uncomplicated mining laws.
Currently, Eloro owns a 98% interest in Minera Tupiza. with an option to acquire a 99% interest in the neighboring Iska Iska, a 9 square km silver-tin polymetallic property. Iska Iska is a highly sought after road-accessible, royalty-free property located near Minera Tupiza in the Potosi Department of southern Bolivia with easy access to seaports.
The exploration program is conducting 81,936 meters of diamond drilling and has four drill rigs on site. They have uncovered high metal values within an immense system. Mineralization has been encountered in every one of the 120 drill holes to date.
Eloro is committed to the well being of this historical mining region. The company has sponsored the local school and sports, is conducting environmental study and community discussions, and has hired a 100% Bolivian on-site team.
For more information, visit the company’s website at www.EloroResources.com.
NOTE TO INVESTORS: The latest news and updates relating to ELRRF are available in the company’s newsroom at https://ibn.fm/ELRRF
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