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Eloro drill program continues to outline potential 'world class' silver-tin deposit in Bolivia

Eloro drill program continues to outline potential 'world class' silver-tin deposit in Bolivia
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Eloro Resources Intersects 129.6 Grams Silver Equivalent per Tonne over 257.5m in Extensive Silver-Polymetallic Mineralization in Santa Barbara Breccia Pipe, at its Iska Iska Property, Potosi Department, Southern Bolivia


Eloro Resources Intersects 129.6 Grams Silver Equivalent per Tonne over 257.5m in Extensive Silver-Polymetallic Mineralization in Santa Barbara Breccia Pipe, at its Iska Iska Property, Potosi Department, Southern Bolivia
January 26, 2021 07:00 ET
| Source:
Eloro Resources Ltd.
Eloro Resources Ltd.
TORONTO, Jan. 26, 2021 (GLOBE NEWSWIRE)
Eloro Resources Ltd. (TSX-V: ELO; OTCQX: ELRRF FSE: P2QM) (“Eloro”, or the “Company”) is pleased to announce additional results from its diamond drilling program at its optioned Iska Iska Silver-Polymetallic Project (“Iska Iska”) in the Potosi Department, southern Bolivia. To date, through its Bolivian subsidiary, Minera Tupiza S.R.L. (“Minera Tupiza”), Eloro has completed 20 holes totalling 5,573m metres from both underground (12) and surface drill holes (8). Results from the first five underground holes were reported on November 18, 2020. This release reports results for 10 ....

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Bolivia courting foreign explorers and mine builders – Resource World Magazine


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By Ellsworth Dickson
Bolivia, a South American, land-locked country of 11.6 million, has had a tumultuous social and political past, while at the same time, has seen mineral production continue for some 500 years – since before the time of the Spanish Conquistadors.
For much of this time, foreign investment in the resource sector was not encouraged. However, things have changed and the government is now actively seeking foreign investment to develop its mining sector which is very underdeveloped despite significant resources of zinc, gold, silver, tin, antimony, iron ore, copper, tungsten, sulfur, potassium, borax, semi-precious stones and lithium. Bolivia has the world’s largest silver producer – Cerro Rico – with 1.6 billion ounces of silver and the world’s second-largest lithium reserves, estimated at 9 million tonnes, or about 25% of known global reserves. ....

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