Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) today provided an update on its ongoing preliminary metallurgical testwork program for the Iska Iska silver-tin polymetallic project in the Potosi Department, southern Bolivia. The ongoing work is being carried out by Blue Coast Research Ltd. (“BCR”) based in Parksville, British Columbia, and Mineral Concentration Laboratory of the National Faculty of Engineering from the Technical University of Oruro (“UTO”), Bolivia. “The Iska Iska silver-tin polymetallic deposit is a remarkably extensive system with multiple potential ore types, which require more metallurgical work than originally anticipated, especially for tin, as outlined in this press release,” said Tom Larsen, CEO of Eloro. “The preliminary metallurgical recovery estimates are a prerequisite for the release of the project’s maiden mineral resource (‘MRE’). Consequently, the release of the MRE has been delayed until this metallurgical work, which is in progress, has been completed. All other work required for the MRE has been largely completed by Micon International Limited, including much of the reporting.”
To view the full press release, visit https://ibn.fm/Odt9C
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. Through its Bolivian subsidiary, 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 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.
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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