Canadian mining exploration company Eloro Resources is preparing to launch a significant drilling initiative at its Iska Iska silver-tin polymetallic project in southwestern Bolivia. The upcoming campaign will involve eight diamond drill holes spanning 4,300 meters, strategically focused on the Santa Barbara starter pit area.
The drilling program is designed to achieve multiple objectives, primarily upgrading and expanding known high-grade tin and silver mineralization. By spacing drill holes at 50-meter intervals, the company seeks to confirm the geological continuity of mineral deposits and potentially identify new exploration targets.
CEO Tom Larsen noted that previous drilling efforts have already extended mineralization and revealed promising new areas of interest, contributing to a substantially expanded project footprint. The current phase is intended to further assess the zone's resource potential and support an updated Preliminary Economic Assessment (PEA).
Concurrent with the drilling campaign, Eloro Resources continues metallurgical studies that have thus far demonstrated promising results. These ongoing technical evaluations are crucial for understanding the economic viability and extraction potential of the mineral resources at the Iska Iska site.
The project represents a significant opportunity in the polymetallic mining sector, with the Iska Iska property classified as an epithermal-porphyry complex. Its location in the Potosi Department of southern Bolivia offers strategic advantages, including road accessibility and a royalty-free property status.
