Bayhorse Silver: Riding the VTEM Rocket

Bayhorse Silver, BHS.V, Silver, Copper, gold, Oregon, Idaho

Not quite a rocket, yet, but a year ago Bayhorse Silver (BHS.V) was very close to the end. While it had a silver mine, a mill and an ore sorter, it did not have a final permit which would allow it to actually operate its mine. In some jurisdictions, this would not have been a show stopper and the permit would arrive in short order. But the Bayhorse mine is in Oregon, a state where mining is politically unwelcome. The permit was going to take a while. read more

Eloro Resources Announces up to C$3.96 Million Non-Brokered Prospectus Exempt Offering Pursuant to the Listed Issuer Exemption

ELO.V, Eloro,, Bob Moriarty, Bolivia, Iska Iska property,

TORONTO, March 13, 2024 (GLOBE NEWSWIRE) — Eloro Resources Ltd. (“Eloro” or the “Company”) (TSX: ELO; OTCQX: ELRRF; FSE: P2QM) is pleased to announce a non-brokered prospectus exempt offering (the “Offering”) of up to 3,300,000 units of the Company at a price of C$1.20 per Unit for gross proceeds of up to C$3,960,000, pursuant to the listed issuer financing exemption available under Part 5A of National Instrument 45-106 – Prospectus Exemptions (the “Listed Issuer Exemption”). There is an offering document relating to the Offering that can be accessed under the Company’s profile at and at Prospective investors should read this offering document before making an investment decision. read more

Eloro: Bulk Sampling for Bulk Mining…and a New, Huge, Target

Eloro, ELO.T, silver, tin, zinc, Bolivia
IP at Iska Iska

The metallurgical drill holes used at Iska Iska are larger diameter than the regular diamond drill exploration holes. For Eloro (ELO.T) and its CEO, Tom Larsen, this makes all the difference. “The more the better,” said Larsen in a telephone interview. “The Iska Iska minerals are mainly disseminated in stockworks and veinlets. A bulk sample is much more representative of the grades you will encounter when you mine the deposit.” read more

Cartier Silver: High Grade Silver Closing in on Production in Bolivia

Cartier Silver, CFE.C, silver, lead, zinc, Bolivia

Superficially, Cartier Silver (CFE.C) and Eloro Resources (ELO.T) look very similar. Same CEO, same management team, same geos, same tight share structure…silver in Bolivia! In fact, they are very different animals. Eloro’s Iska Iska deposit is a giant (over 670 million tons), silver plus tin plus zinc, polymetallic, project with complex geology and solid grades. Cartier’s Gonalbert property in the Chorrillos silver project is lower tonnage with but higher grades of silver-lead. read more

Graduation Day: Cartier Resources completes its PEA

ECR.V, Cartier Resources, gold, Quebec, Chimo Mine

A Preliminary Economic Assessment (“PEA”) is a significant milestone for junior exploration companies, essentially it promotes them into a select group of “valued asset” owners in the mining industry. It is a third-party assessment of the economic viability of the project’s resource estimates which a company has completed to date and it is an outline of the steps to be taken to reach commercial production. read more