Eloro Resources Expands Santa Barbara Starter Pit at Iska Iska Project with Significant Drill Results

Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) reported additional assays from five definition drillholes at its Iska Iska project in Bolivia, further expanding the footprint of the Santa Barbara starter pit to approximately 800m by 500m by 500m deep. The results from holes in both the Polymetallic and Tin Domains included long higher-grade intercepts, notably 213.00m grading 0.51% tin and 25.46 g/t silver. The ongoing definition drill program has now completed 6,242m across 12 holes, with assays pending for two holes.

Management emphasized that the system remains open laterally and downdip, highlighting significant potential for further expansion and resource upgrades ahead of the planned preliminary economic assessment (PEA). This expansion is crucial as it demonstrates the scalability of the mineral resource, which could substantially enhance the project's economic viability and long-term production potential. The consistent high-grade intercepts across multiple domains suggest a robust and continuous mineralization system that warrants further exploration and development.

The Iska Iska property, which Eloro has an option to acquire a 100% interest in, is classified as a polymetallic epithermal-porphyry complex, a significant mineral deposit type in the Potosi Department in southern Bolivia. A recent NI 43-101 technical report on Iska Iska, completed by Micon International Limited, is available on Eloro’s website at https://www.EloroResources.com and under its filings on SEDAR. The property is road-accessible and royalty-free, adding to its attractiveness for development.

These results are important for investors and stakeholders as they indicate ongoing success in defining and expanding the mineral resource, which is a critical step toward project feasibility and future production. The expansion of the Santa Barbara starter pit footprint not only increases the potential resource base but also supports the company's strategy to advance Iska Iska toward becoming a significant polymetallic mine. For more details, the full press release can be accessed at https://ibn.fm/IIoRb.