Eloro Resources Expands Santa Barbara Starter Pit at Iska Iska Project with Significant Drill Results
TL;DR
Eloro Resources' expanded Santa Barbara pit and high-grade intercepts offer investors a competitive edge in the growing tin and silver markets.
Eloro Resources drilled 6,242m across 12 holes, defining an 800m by 500m by 500m deep pit with assays pending for systematic resource evaluation.
Eloro's mineral discoveries in Bolivia support local economies and provide essential metals for sustainable technology and global development.
Eloro Resources hit a 213m intercept grading 0.51% tin and 25.46 g/t silver, revealing vast mineral potential at Iska Iska.
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Eloro Resources Ltd. has reported additional assay results from five definition drillholes at its Iska Iska project in Bolivia, significantly expanding the footprint of the Santa Barbara starter pit to approximately 800 meters by 500 meters by 500 meters deep. The results from holes in both the Polymetallic and Tin Domains included long higher-grade intercepts, most notably 213.00 meters grading 0.51% tin and 25.46 grams per tonne silver.
The ongoing definition drill program has now completed 6,242 meters across 12 holes, with assays still pending for two holes. Company management emphasized that the mineralized system remains open both laterally and downdip, highlighting substantial potential for further expansion and resource upgrades. These developments are particularly important as they precede the planned preliminary economic assessment (PEA), which will evaluate the economic viability of the project.
The Iska Iska property represents a significant mineral deposit type classified as a polymetallic epithermal-porphyry complex located in the Potosi Department of southern Bolivia. A recent NI 43-101 technical report on Iska Iska, completed by Micon International Limited, is available on Eloro's website at https://www.EloroResources.com and under its filings on SEDAR. The property is road-accessible and royalty-free, adding to its development potential.
For investors seeking the latest updates, news relating to ELRRF is available in the company's newsroom at https://ibn.fm/ELRRF. The full press release containing these latest results can be viewed at https://ibn.fm/IIoRb. These developments at Iska Iska demonstrate the ongoing potential for significant mineral discoveries in Bolivia's mining sector and could contribute to global tin and silver supply chains if the project advances to production.
Curated from InvestorBrandNetwork (IBN)
