Eloro Resources Announces Restart of Definition Drilling Targeting Major Tin Discovery and High Grade Silver Zones at its Iska Iska Ag-Sn-Polymetallic Project, Potosi Department, Bolivia

Core Viewpoint - Eloro Resources Ltd. is initiating a new phase of definition drilling at the Santa Barbara starter pit area within the Iska Iska silver-tin polymetallic project in Bolivia, aiming to upgrade and expand high-grade tin and silver mineralization [1][3]. Group 1: Drilling Program Details - The upcoming drilling program will consist of 4,300 meters of diamond drilling across 8 holes, focusing on high-grade tin mineralization and a shallower silver mineralized zone [1][6]. - Holes will be drilled with a spacing of 50 meters by 50 meters, which has been determined to be optimal for confirming the continuity and grade of mineralization [2]. - The previous drilling program successfully extended high-grade mineralization and identified new targets, indicating a significant potential for resource expansion [3][30]. Group 2: Mineralization Insights - The definition drilling has intersected significant tin and silver mineralization, with the mineralized system extending approximately 1.2 kilometers and remaining open along strike and at depth [5][6]. - Recent drilling results have shown that increased drill hole density correlates with higher grades of silver and tin, suggesting that this trend will continue with further drilling [6][30]. - The mineralization is characterized by visually coarse-grained cassiterite, which is likely amenable to gravity separation, and ongoing metallurgical studies are yielding promising results [3][6]. Group 3: Project Background and Significance - The Iska Iska project is a major silver-tin polymetallic complex located in Bolivia, with significant geological features that suggest the potential for large deposits [19][20]. - Eloro has an option to earn a 100% interest in the Iska Iska property, which is road-accessible and royalty-free, enhancing its attractiveness for exploration and development [19][33]. - The project is strategically positioned within a region known for significant mineral deposits, which may provide further opportunities for resource development [21][24].