Tag: Bolivia

Eloro Resources Intersects Highest Silver Interval to Date at its Iska Iska project, Southern Bolivia with 72 metres grading 294.81 g/t Silver within a broader interval of 180 metres grading 164.74 g/t Silver in Hole DSB-93

Highlights: Eloro’s second phase definition diamond drilling program has now been completed with sixteen (16) drill holes drilled totalling 8,286.40 metres across the potential starter pit area (1,000m by 600m by 500m deep). The program has succeeded in confirming continuity and expanding higher-grade silver-tin-polymetallic mineralization in this extensive porphyry-epithermal system. DSB-93, an infill hole drilled 107m northeast of discovery hole DSB-61, intersected the highest silver interval obtained thus far at Iska Iska with 72.00 metres grading 294.81g/t Silver (Ag) and 0.44% Lead (Pb) beginning at 131.70m, within a broader interval of 180.00m grading 165g/t Ag, 0.74% Pb, 0.72% Zinc (Zn) and 0.16% Tin (Sn) beginning at 112.20m. Previously, the highest-grade silver interval was 62.84m grading 279.22 g/t Ag, beginning at 87.44m, in drill hole DSB-61, located 107m southwest of hole DSB-93. This intersection also contained 0.47% Pb and 0.43% Sn (see Eloro Press Release dated December 18, 2023). Hole DSB-93 also intersected the following well mineralized intervals: 28.50m grading 0.84g/t Au, 253.63g/t Ag, 1.10% Pb and 0.57% Sn beginning at 223.20m 33.00m grading 0.18% Sn beginning at 374.70m 7.50m grading 1.43% Cu beginning at 34.20m 7.50m grading 1.25% Zn beginning at 49.20m 6.00m grading 0.54% Pb and 3.09% Zn beginning at 86.70m 8.80m grading 1.45% Zn beginning at 416.70m 3.00m grading 1.68% Zn beginning at 101.70m DSB-90, an infill hole collared 100m east of discovery hole DSB-72 intersected a higher-grade tin section of 51.00m grading 0.24% Sn beginning at 400.00m and a higher-grade silver section of 13.50m grading 106.32g/t Ag and 0.16% Sn beginning at 256.00m, including 7.50m grading 186.50g/t Ag and 0.14% Sn beginning at 256.00m. Hole DSB-90 also intersected higher-grade tin sections of: 24.00m grading 0.57% Sn beginning at 91.00m 16.50m grading 0.36% Sn beginning at 134.50m 22.50m grading 0.20% Sn beginning at 311.50m including 10.50m grading 0.29% Sn beginning at 311.50m 19.50m grading 0.16% Sn beginning at 338.50m 13.50m grading 0.24% Sn beginning at 380.50m Note: True width is approximately 80% of core length.
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ELO.V, Eloro, 321gold.com, Bob Moriarty, Bolivia, Iska Iska property,
Location Map of Definition Diamond Drill Holes, Santa Barbara zone, Iska Iska. The yellow circles highlight the location of holes DSB-90 and DSB-93 referred to in this release.

Eloro Resources Ltd. (TSX: ELO; OTCQX: ELRRF; FSE: P2QM) (“Eloro”, or the “Company”) is pleased to announce assay results from the last two (2) drillholes (DSB-90 and DSB-93) of the second phase definition diamond drilling program at the Company’s Iska Iska Project, Potosi Department, Southern Bolivia. These two holes were in the predominant Tin Domain and the predominant Silver-Polymetallic Domain, respectively, in the potential Santa Barbara starter pit area. These results further expand the higher-grade footprint of both metal domains (see Figure 1). The current phase of the definition drilling phase has now concluded with a total of 8,286.40m of diamond drilling in sixteen (16) holes completed. read more

Eloro Resources Further Expands Extent of Potential Starter Pit Zone, Intersecting 90 metres grading 61.05 g/t Silver and 0.20% Tin at its Iska Iska Project, Potosí Department, Southern Bolivia

Highlights: The potential starter pit at the Santa Barbara zone continues to be open laterally and downdip with definition drilling continuing to return long and higher-grade intercepts. Additional infill and step-out drilling offers significant potential to further expand and upgrade the mineral resources for the planned PEA. DSB-92, a step out hole drilled 50m southeast of discovery hole DSB-88, intersected 90.00 metres grading 61.05 g/t Silver (Ag) and 0.20% Tin (Sn), beginning at 492.30m, including: 15.00 metres grading 173.30 g/t Ag, 0.15% Sn and 1.59 g/t Gold (Au), beginning at 517.80m and 49.50 metres grading 50.14 g/t Ag and 0.26% Sn, beginning at 532.80m. Hole DSB-92 also includes long and higher-grade sections of: 238.50 metres grading 1.77% Zinc (Zn) and 0.57% Lead (Pb), beginning at 33.30m, including a silver section of 34.50 metres grading 31.70 g/t Ag, beginning at 33.30m and 204.00 metres grading 2.06% Zn and 0.62% Pb, beginning at 67.80m, DSB-91, an infill hole collared 100 metres northwest of hole DSB-89, intersected several higher-grade silver, tin, and zinc intervals: 64.50 metres grading 37.33 g/t Ag, beginning at 19.50m. 151.50 metres grading 1.41% Zn, 0.63% Pb and 13.35 g/t Ag, beginning at 109.50m, including 31.50 metres grading 34.90 g/t Ag, 1.49% Zn and 0.35% Pb, beginning at 147.00m. 16.50 metres grading 1.02% Sn and 3.17% Pb, beginning at 393.00m and 7.50 metres grading 0.40% Sn, 0.53% Pb and 0.32% Zn, beginning at 469.50m within a longer interval of 136.50 metres grading 0.23% Sn, 0.92% Zn and 0.84% Pb, beginning at 328.50m.
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ELO.V, Eloro, 321gold.com, Bob Moriarty, Bolivia, Iska Iska property,
Location Map of Definition Diamond Drill Holes, Santa Barbara zone, Iska Iska. The yellow circles highlight the location of holes DSB-91 and DSB-92 referred to in this release.

Eloro Resources Ltd. (TSX: ELO; OTCQX: ELRRF; FSE: P2QM) (“Eloro”, or the “Company”) is pleased to announce further assay results from two (2) additional drillholes (DSB-91 and DSB-92) of the second phase definition diamond drilling program at the Company’s Iska Iska Project, Potosi Department, Southern Bolivia. Both holes are in the Silver-Zinc-Polymetallic Domain in the potential Santa Barbara starter pit area. These results further expand the footprint of this domain and indicate that the deposit continues to be open to the east (see Figure 1). The current phase of the definition drilling phase has concluded with a total of 8,286.40m of diamond drilling in sixteen (16) holes completed. A total of 7,346.90m was completed in the fourteen (14) reported holes, with assay results pending for two remaining holes totaling 939.50m in length. read more

Cartier Silver Announces Upsize of Previously Announced Brokered Private Placement to $2.0M Led by Centurion One Capital

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Cartier Silver Corporation (CSE: CFE) (“Cartier Silver” or the “Company”) is pleased to announce that it has upsized its brokered private placement as previously announced in its press release dated October 8, 2025, due to strong investor demand. Under the amended terms, the Company will issue up to 16,000,000 units (“Units”) of the Company at $0.125 per Unit (the “Issue Price”) for aggregate gross proceeds of up to approximately $2,000,000 (the “Offering”). read more

Eloro Resources Reports the Longest and Highest-Grade Tin Intersection Obtained thus far in Drilling at its Iska Iska Project, Potosí Department, Bolivia with 213.00 Metres Grading 0.51% Tin (Sn)

Highlights: DSB-87, an infill hole drilled 150m southeast of discovery hole DSB-72, intersected 213.00m grading 0.51% Sn and 25.46 g/t Ag within a broader interval of 241.50m grading 0.47% Sn and 23.17 g/t Ag, beginning at 26.10m, including 1.18% Sn over 34.50m, beginning at 62.10m. This is the longest and highest-grade tin intersection obtained thus far in drilling at Iska Iska. Hole DSB-87 also includes higher-grade sections of: 238.40 g/t Ag and 1.55% Sn over 4.50m, beginning at 150.60m, and 0.64% Zn over 54.00m, beginning at 267.60m. DSB-80, a step-out hole collared 75m southwest of hole DSB-76, intersected several higher-grade silver, tin, gold and zinc intervals: 53.10g/t Ag over 15.00m, beginning at 340.50m 30 g/t Ag over 9.00m, beginning at 445.50m, 34.50 g/t Ag over 10.50m, beginning at 460.50m, 0.30% Sn and 3.01 g/t Au over 0.75m beginning at 516.00m, 1.44% Zn over 6.00m beginning at 231.00m and 41.13 g/t Ag and 2.36% Zn over 6.00m beginning at 250.50m. Hole DSB-84, a step-out hole 50m southwest of hole DSB-35, intersected higher-grade tin and silver intervals, including: 31.62 g/t Ag over 16.50m, beginning at 109.00m, including 108.80 g/t Ag over 3.00m, beginning at 109.00m 34.85 g/t Ag over 3.00m, beginning at 122.50m 67.70 g/t Ag and 0.21% Sn over 4.50m beginning at 214.00m. DSB-85, a step-out hole drilled 125m southwest of hole DSB-79 intersected a number of higher-grade tin and silver intervals: 38.26 g/t Ag over 22.50m, beginning at 58.50m, including 65.60 g/t Ag over 10.50m, beginning at 58.50m 68.36 g/t Ag over 10.50m, beginning at 136.50m 198.08 g/t Ag over 9.00m, beginning at 166.50m 92.40 g/t Ag and 0.22% Sn over 6.00m, beginning at 186.00m 0.79% Sn over 3.00m, beginning at 196.50m 80.32 g/t Ag and 0.29% Sn over 7.50m, beginning 307.50m 0.38% Sn over 4.50m, beginning at 379.50m 0.20% Sn over 30m, beginning at 399.00m, including 1.45% Sn over 1.50m, beginning at 399.00m and 0.36% Sn over 4.50m, beginning at 417.00m. DSB-86, a step-out hole drilled 50m northeast of hole DSB-47, intersected a very long zinc and lead interval grading 0.81% Zn and 0.80% Pb over 241.50m, beginning at 102.70m, including a higher section grading 1.56% Zn and 0.98% Pb over 100.50m, beginning at 242.20m. It also included 52.80 g/t Ag and 1.30% Pb over 7.50m, beginning at 192.70m. Further downhole it intersected 0.85% Zn over 105.00m, beginning at 344.20m and 81.00 g/t Ag over 6.00m, beginning at 497.95m. Note: True width is approximately 80% of core length. Results from the new definition drill program have further expanded the footprint of a large multi-phase hydrothermal system in the potential starter pit at Iska Iska with dimensions having increased to approximately 800m by 500m by 500m deep. The current results have increased dimensions by 100m by 100m along and across strike, compared with those previously reported.
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V.ELO, Eloro Resources, Peru, gold, Tom Larsen
Location Map of Definition Diamond Drill Holes, Santa Barbara zone, Iska Iska. The yellow circles highlight the location of holes DSB-80, DSB-84, DSB-85, DSB-86 and DSB-87 referred to in this release.

Eloro Resources Ltd. (TSX: ELO; OTCQX: ELRRF; FSE: P2QM) (“Eloro”, or the “Company”) is pleased to announce further assay results from five (5) drillholes (DSB-80, DSB-84, DSB-85, DSB-86 and DSB-87) of the second phase definition diamond drilling program. Four of these holes are located in the Polymetallic Domain (DSB-80, DSB-84, DSB-85 and DSB-86) and one is in the Tin Domain (DSB-87), in the potential Santa Barbara starter pit area. These results have further expanded the footprint of a large multi-phase hydrothermal system in the potential starter pit with dimensions having now increased to approximately 800m by 500m by 500m deep (see Figure 1). The current results have increased dimensions by 100m by 100m along and across strike, compared with those previously reported (see Eloro’s Press Release dated August 6, 2025). To date, a total of 6,242m of diamond drilling in twelve (12) holes has been completed in the current definition drilling phase. A total of 2,346m was completed in the five (5) holes reported, with assays pending for the remaining two holes totalling 1,025m. read more

Eloro Resources Announces Closing of C$14.0 Million Bought Deal LIFE Private Placement

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V.ELO, Eloro Resources, Peru, gold, Tom Larsen

Eloro Resources Ltd. (TSX: ELO; FSE: P2QM) (“Eloro” or the “Company”) is pleased to announce the closing of its previously announced “bought deal” private placement (the “Offering”) for gross proceeds of C$14,001,250, which includes the exercise in full of the over-allotment option. Pursuant to the Offering, the Company sold 12,175,000 units of the Company (the “Units”) at a price of C$1.15 per Unit (the “Offering Price”). Red Cloud Securities Inc. (“Red Cloud”) acted as sole underwriter and bookrunner under the Offering. read more

Eloro Resources Announces Further Upsize of Bought Deal LIFE Private Placement for Gross Proceeds of C$11.0 Million

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V.ELO, Eloro Resources, Peru, gold, Tom Larsen

 Eloro Resources Ltd. (TSX: ELO; OTCQX: ELRRF; FSE: P2QM) (“Eloro” or the “Company”) is pleased to announce that further to its press releases dated August 22, 2025 and as a result of strong investor demand, the Company has further increased the gross proceeds of its previously announced “bought deal” private placement (the “Underwritten Offering”) from C$10,000,400 to C$11,000,900. Pursuant to the upsized Underwritten Offering, Red Cloud Securities Inc. (“Red Cloud”), as sole underwriter and bookrunner, has agreed to purchase for resale 9,566,000 units of the Company (the “Units”) at a price of C$1.15 per Unit (the “Offering Price”). read more

Eloro: Lining Up the PEA in Bolivia

Jay Currie
Eloro, ELO.T, Bolivia, silver, tin, zinc, lead

It is always a pleasure to speak with Tom Larsen, CEO of Eloro Resources (ELO.T). Even if it means reading a long and very technical press release. A release which, boiled down to essentials said that the company drilled five definition holes at its Iska Iska property in Bolivia and hit higher grade tin or silver or both mineralization in every one of them. And there are more holes to report. read more

Eloro Resources Announces Upsize of Bought Deal LIFE Private Placement for Gross Proceeds of C$10.0 Million

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ELO.V, Eloro, 321gold.com, Bob Moriarty, Bolivia, Iska Iska property,

Eloro Resources Ltd. (TSX: ELO; OTCQX: ELRRF; FSE: P2QM) (“Eloro” or the “Company”) is pleased to announce that as a result of strong investor demand, the Company has doubled the size of its previously announced “bought deal” private placement (the “Underwritten Offering”) from gross proceeds of C$5,000,200 to gross proceeds of C$10,000,400. Pursuant to the upsized Underwritten Offering, Red Cloud Securities Inc. (“Red Cloud”), as sole underwriter and bookrunner, has agreed to purchase for resale 8,696,000 units of the Company (the “Units”) at a price of C$1.15 per Unit (the “Offering Price”). read more

Eloro Resources Announces Bought Deal LIFE Private Placement for Gross Proceeds of C$5.0 Million

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ELO.V, Eloro, 321gold.com, Bob Moriarty, Bolivia, Iska Iska property,

 Eloro Resources Ltd. (TSX: ELO; OTCQX: ELRRF; FSE: P2QM) (“Eloro” or the “Company”) is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. (“Red Cloud”), as sole underwriter and bookrunner, pursuant to which Red Cloud has agreed to purchase for resale 4,348,000 units of the Company (the “Units”) at a price of C$1.15 per Unit (the “Offering Price”) on a “bought deal” basis in a private placement for gross proceeds of C$5,000,200 (the “Underwritten Offering”). read more