Eloro Resources Ltd. Intersects the Longest Zinc Interval to Date at its Iska Iska Project, Potosí Department, Bolivia with 456 Metres Grading 1.72% Zn including 190.5m grading 2.35% Zn in Hole DSB-88

Core Viewpoint - Eloro Resources Ltd. has announced promising assay results from its ongoing diamond drilling program at the Santa Barbara zone of the Iska Iska project, indicating significant mineralization and potential for resource expansion [2][4][32]. Summary by Sections Drilling Results - The company reported assay results from two step-out drill holes, DSB-88 and DSB-89, which are part of the second phase of the definition drilling program. A total of 6,756 meters of diamond drilling has been completed in fourteen holes, with significant results indicating the deposit is open to the east [2][4]. - DSB-88 intersected 1.72% Zn over 456 meters, marking the longest zinc interval discovered to date at Iska Iska, while DSB-89 showed multiple higher-grade intervals, including 74.64 g/t Ag and 0.81% Pb over 13.50 meters [5][8]. Mineral Resource Expansion - The recent drilling results are expected to contribute to both the expansion and upgrading of the mineral resource for the upcoming Preliminary Economic Assessment (PEA). The definition drill program has successfully extended the footprint of both the higher-grade Sn-Ag domain to the west and the Ag-Zn-Polymetallic domain to the east [4][32]. - The company has identified two giant near-surface mineral deposits that can potentially be mined from one large starter pit with a relatively low stripping ratio [4][32]. Technical Insights - The assay results from DSB-88 and DSB-89 are among the most robust mineralized intersections to date in the definition drill program at the Santa Barbara zone, reinforcing the exploration strategy of the Eloro technical team [4][32]. - The mineralization at Iska Iska is associated with a Miocene caldera and is similar in age to other major deposits in the region, indicating a significant geological potential [20][24]. Project Overview - The Iska Iska project is a road-accessible, royalty-free property located in southern Bolivia, with Eloro having an option to earn a 100% interest in the property [18][19]. - The project is characterized as a polymetallic epithermal-porphyry complex, which is a significant mineral deposit type in the Potosi Department [33].