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InvestorNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) CEO Discusses Promising Drill Results in New Interview
February 10, 2023

InvestorNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) CEO Discusses Promising Drill Results in New Interview

Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) is an exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec. The company was featured in a new video interview where its CEO Thomas Larsen discussed promising results from its definition drilling program at the Iska Iska silver-tin polymetallic project in the Potosi Department, southern Bolivia. “Hole DHK-27 when determining grade times intercept of 65,887 g Ag eq/t-m is the second most valuable drill hole recorded to date and only just behind the 441-meter 66,389 g Ag eq/t-m intersection in hole DSB-30 reported last fall. These are remarkable intercepts and grades,” Larsen was quoted as saying in the company’s Jan. 31 press release announcing the results. “The significance of DHK-27 is the consistent high silver grades averaging 69.80 g Ag/t over a length of 325.48 meters, which is close to true thickness. The higher grade 182.02 g Ag/t over 109.60 m portion of hole DHK-27 attests to the potential of outlining much higher-grade areas in the Santa Barbara deposit with further drilling. It is also important to note that calculations for equivalent Ag grade in this release are based on July 2022 metal prices, which for the major metals at Iska Iska are 13% to 33% lower than current prices hence the quoted values for silver equivalent are conservative.”

To view the full interview and press release, visit https://ibn.fm/clv2k and https://ibn.fm/JN8UG

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 100% 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 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.

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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