Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) has emerged as one of the most promising mining companies in the Americas, boasting access to one of the largest, undeveloped mining tracts within Bolivia’s Potosi region. “Having signed a definitive option agreement on Iska Iska to acquire a 99% interest in the project, Eloro plans to undertake an exploration and development project designed to verify the feasibility of extracting minerals from the territory,” a recent article reads. “Eloro Resources’ potential has been increasingly commented on by the market and most recently by renowned mining analyst Brent Cook… During a recent appearance on the Wall Street Silver podcast, Cook mentioned Eloro Resources as one of his top investment picks. As Cook described, the potential and likely size of Eloro’s Iska Iska polymetallic silver-tin mining project, coupled with the company’s strong technical nous – lead geologist Quinton Hennigh boasts over 25 years of exploration experience across a wide array of mining companies – made it an appealing prospect for mining majors such as Pan American Silver Corp. (NASDAQ: PAAS), a multibillion-dollar mining giant with operations in the project’s near vicinity.”
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About Eloro Resources Ltd.
Eloro is an exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec. Eloro has an option to acquire a 99% interest in the highly prospective Iska Iska Property, which can be classified as a polymetallic epithermal-porphyry complex, a significant mineral deposit type in the Potosi Department, in southern Bolivia. A recent NI 43-101 technical report on Iska Iska, which was completed by Micon International Limited, is available on Eloro’s website and under its filings on SEDAR. Iska Iska is a road-accessible, royalty-free property. Eloro also owns an 82% interest in the La Victoria Gold/Silver Project, located in the north-central mineral belt of Peru some 50 km south of Barrick’s Lagunas Norte Gold Mine and Pan American Silver’s La Arena Gold Mine. La Victoria consists of eight mining concessions and eight mining claims encompassing approximately 89 square kilometers. La Victoria has good infrastructure with access to road, water and electricity and is located at an altitude that ranges from 3,150m to 4,400m above sea level. For more information about the company, visit 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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