Eloro Resources Ltd. Reports Significant Expansion of High-Grade Tin and Silver Zones at Iska Iska Project

Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) has recently disclosed assay results from the initial five holes of its resumed definition drilling program at the Santa Barbara starter pit area within the Iska Iska silver-tin polymetallic project in Bolivia. The findings highlight substantial mineralization, including 0.89% Sn over 16.5m and 0.90% Sn over 13.5m in hole DSB-78, alongside 401.65 g/t Ag over 3.0m in hole DSB-79. These results not only confirm the presence of high-grade tin and silver but also demonstrate the lateral and downdip continuity of these mineralized zones.

The mineralization, primarily found in intrusion breccias with visible cassiterite, suggests that the materials may be amenable to gravity separation, a method that could potentially enhance the efficiency of mineral extraction. This development is pivotal as it supports the company's strategy to conduct further infill and step-out drilling aimed at expanding and upgrading the resource base ahead of the planned preliminary economic assessment.

The Iska Iska project, accessible by road and free of royalties, represents a significant opportunity for Eloro Resources Ltd. The project is classified as a polymetallic epithermal-porphyry complex, a notable mineral deposit type in the Potosi Department of southern Bolivia. A recent NI 43-101 technical report by Micon International Limited, available on Eloro's website and SEDAR filings, provides further insights into the project's potential.

For more details on the assay results and the Iska Iska project, visit https://ibn.fm/UOgQt. Additionally, updates and news related to Eloro Resources Ltd. can be found in the company's newsroom at https://ibn.fm/ELRRF.

This announcement is significant for the mining industry and investors, as it highlights the ongoing exploration success and the potential for substantial resource expansion at the Iska Iska project. The results underscore the project's viability and the strategic importance of continued exploration and development efforts in this promising region.