Workflow
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
Globenewswire·2025-10-09 11:00

Core Viewpoint - Eloro Resources Ltd. has announced promising assay results from two step-out drill holes in the Santa Barbara zone, indicating the potential for resource expansion and upgrading ahead of a Preliminary Economic Assessment (PEA) [2][4]. Summary by Relevant Sections Drill Results - The company has completed a total of 6,756 meters of diamond drilling in fourteen holes, with 3,371 meters reported from seven holes, and assay results pending for one remaining hole [2]. - Significant intersections include: - Hole DSB-88: 1.72% Zn over 456 meters, including 2.35% Zn over 190.5 meters [8]. - Hole DSB-89: 24.51 g/t Ag and 1.27% Zn over 154.5 meters, with notable intervals of 74.64 g/t Ag over 13.5 meters [8][9]. Mineral Resource Expansion - The recent drill results are expected to infill areas previously classified as waste in the Mineral Resource Estimate (MRE), contributing to both resource expansion and upgrading [4]. - The definition drill program has successfully extended the footprint of higher-grade domains, indicating the presence of two significant near-surface mineral deposits that could be mined from a single starter pit [4][32]. Technical Insights - The drill holes DSB-88 and DSB-89 were strategically placed to explore the southeastern margin of the potential starter pit area, with DSB-88 being a step-out hole located 310 meters northeast of DSB-87 [5][6]. - The results from DSB-88 and DSB-89 are among the most robust mineralized intersections recorded in the definition drill program, reinforcing the exploration strategy of the technical team [4][6]. Project Background - The Iska Iska project is a significant silver-tin polymetallic complex located in southern Bolivia, with Eloro holding an option to earn a 100% interest [18][19]. - The project is characterized by a major silver-tin polymetallic porphyry-epithermal complex, with mineralization similar to other significant deposits in the region [19][33].