Eloro Resources Further Expands Major Silver Zone Intersecting 151.47 g Ag/t over 135m within a broader interval of 309m grading 90.92 g Ag/t in the Latest Definition Drilling at its Iska Iska Deposit, Potosi Department, Bolivia
The high grade intersection above from hole DSB-75 includes 962.23 g Ag/t over 9.75m within a wider zone of 34.50m grading 440.09 g Ag/t which is the highest grade Ag intersection obtained thus far in drilling at Iska Iska. Hole DSB-75 was collared 200m northwest of previously reported hole DSB-68 which intersected 122.03m grading 126.10g Ag/t within a wider 289.13m section grading 66.90 g Ag/t indicating this high grade silver mineralization is likely quite extensive. As definition drilling has expanded to cover more areas within the Santa Barbara area, the frequency of high grade silver values greater than 50 g Ag/t that have been encountered has increased significantly confirming the importance of tighter spaced infill drilling to obtain a more accurate estimate of grade. Infill drilling is consistently demonstrating that areas of formerly barren or low grade mineralization actually bear grades that are higher and widths that are significantly longer than those in the current mineral resource model.
Eloro Resources Ltd. (TSX: ELO; OTCQX: ELRRF; FSE: P2QM) (“Eloro”, or the “Company”) is pleased to announce further assay results from its definition diamond drilling program in the potential Santa Barbara starter pit area in the Iska Iska silver-tin polymetallic project in the Potosi Department of southwestern Bolivia. To date 5,799.4m of diamond drilling have been completed in eleven (11) holes in this phase of definition drilling. PQ core size has been used in the majority of holes in this program to obtain larger, more representative core samples.