Eloro is an exploration and mine development company with a portfolio of exceptional gold and base-metal properties in Bolivia and Peru.
In just over a year’s time, the management team at Eloro has successfully taken a never been drilled property in the highly prospective Potosi region of Bolivia and discovered an extensive porphyry- epithermal deposit complex with multiple breccias. The ISKA ISKA deposit is polymetallic and by its nature, provides exposure to multiple metals including silver, tin, gold, zinc, bismuth, and indium.
Iska Iska is a fully permitted and royalty-free property that is wholly controlled by the private Title Holder, Empresa Minera Villegas S.R.L. . The property is located close to major power lines (25 km) and the large vibrant community of Tupiza city (48 km). There are no artisanal workers or ecological constraints as it pertains to ISKA ISKA.
Eloro commissioned a NI 43-101 Technical Report on Iska Iska, which was completed by Micon International Limited and is available on Eloro’ s website and under its filings on SEDAR. A maiden resource is expected in the first quarter of 2022.
Eloro also owns an 82% interest in the La Victoria Gold/Silver Project, located in the North-Central Mineral Belt of Peru some 50 km south of Boroo Pte Ltd.’s Lagunas Norte Gold Mine and Pan American Silver’s La Arena Gold Mine. La Victoria consists of eight mining concessions and eight mining claims encompassing approximately 89 square kilometres.
La Victoria has good infrastructure with access to road, water and electricity and is located at an altitude that ranges from 3,150 m to 4,400 m above sea level. Recent approval of our drilling permits now allows us to proceed with a 3,000-meter drill program over the next few months.