Major Expansion at Iska Iska's Santa Barbara Zone
Eloro Resources Ltd. has announced substantial progress at its Iska Iska Project in Bolivia's Potosí Department, with recent drilling results indicating significant expansion potential for the proposed starter pit area. The company's latest definition drilling program has yielded impressive intercepts that extend the mineralized zone both laterally and at depth.
The most notable result comes from drill hole DSB-92, which intersected an extensive 90-meter section grading 61.05 grams per tonne silver and 0.20% tin, starting at a depth of 492.30 meters. This step-out hole was positioned approximately 50 meters southeast of the discovery hole DSB-88, demonstrating the continuity of high-grade mineralization beyond previously established boundaries.
High-Grade Intercepts Reveal Project Potential
Within the broader intercept at DSB-92, Eloro identified even more concentrated mineralization zones. The hole contained 15 meters grading 173.30 g/t silver, 0.15% tin and 1.59 g/t gold beginning at 517.80 meters, followed by another substantial section of 49.50 meters grading 50.14 g/t silver and 0.26% tin starting at 532.80 meters.
Additionally, DSB-92 revealed extensive zinc and lead mineralization with 238.50 meters grading 1.77% zinc and 0.57% lead from 33.30 meters depth. This included a silver-rich section of 34.50 meters averaging 31.70 g/t silver and a separate 204-meter zone grading 2.06% zinc and 0.62% lead beginning at 67.80 meters.
The companion drill hole DSB-91, located 100 meters northwest of hole DSB-89, also returned multiple significant intervals. Highlights included 64.50 meters grading 37.33 g/t silver from 19.50 meters depth and 151.50 meters grading 1.41% zinc, 0.63% lead and 13.35 g/t silver beginning at 109.50 meters.
Company Leadership Expresses Optimism
Tom Larsen, Chief Executive Officer of Eloro Resources, expressed enthusiasm about the results. "We are excited to report these results with long and higher-grade intercepts on the eastern and far-eastern boundary of the Potential Starter Pit Zone", Larsen stated. He emphasized that the polymetallic mineralization style indicates extension of known mineralization 50-100 meters beyond the potential starter pit shell.
Larsen further highlighted the project's strategic importance, noting that "Iska Iska is well-positioned to become a premier silver-tin-polymetallic resource supporting the global shift toward the world's critical minerals supply chain."
Dr. Osvaldo Arce, Executive Vice President of Operations for Latin America, provided geological context, explaining that the intercepts confirm mineralization extends beyond existing pit limits. "The presence of continuous higher-grade mineralization in both the Sn-Ag domain to the west and in the Ag-Zn-Polymetallic domain to the east indicates potential for a feeder system within this part of the deposit", Arce commented.
The current definition drilling phase has concluded with 8,286.40 meters of diamond drilling completed across sixteen holes. Assay results remain pending for two additional holes totaling 939.50 meters in length. The company plans to expand infill and step-out drilling programs in 2026 to further grow the mineral resource estimate for the planned Preliminary Economic Assessment.
Eloro Resources trades on the TSX under symbol ELO, on the OTCQX as ELRRF, and on the Frankfurt Stock Exchange as P2QM. The company continues to advance Iska Iska as a significant polymetallic project in a region historically known for rich mineral deposits.
