Eloro Resources Launches Major Drilling Program at Bolivian Iska Iska Project

Eloro Resources Ltd. is preparing to commence a significant drilling program at its Iska Iska project in southwestern Bolivia. The upcoming campaign will involve 8 diamond drill holes spanning 4,300 meters, strategically focused on the Santa Barbara starter pit area. The drilling initiative is designed to methodically upgrade and expand the known high-grade tin and silver mineralization. Drill holes will be systematically spaced at 50-meter intervals to confirm mineral continuity and better define the project's geological potential.

CEO Tom Larsen highlighted the significance of previous drilling efforts, which have already extended known mineralization and revealed promising new exploration targets. These developments have contributed to a substantially expanded project footprint. The current drilling campaign is part of Eloro's broader strategy for the 2025 phase 1 program. The primary objective is to conduct a comprehensive assessment of the zone's resource potential, which will support an updated Preliminary Economic Assessment (PEA).

Complementing the drilling efforts, ongoing metallurgical studies have been showing encouraging results. These studies are crucial for understanding the economic viability and extraction potential of the project's mineral resources. Iska Iska is classified as a polymetallic epithermal-porphyry complex, located in the mineral-rich Potosi Department of southern Bolivia. The project's accessibility and lack of royalty obligations further enhance its strategic value.

The upcoming drilling program represents a critical step in Eloro Resources' continued exploration and potential development of the Iska Iska silver-tin project, with potential implications for the region's mining sector and global mineral supply chains. The systematic approach to resource definition and economic assessment positions this project as strategically important for meeting growing demand for critical minerals in global markets.