Eloro Resources

 

Eloro Resources Ltd (TSX: ELO) is an exploration and mine development company with a portfolio of precious and base-metal properties in Bolivia, Peru and Quebec. Eloro, through its Bolivian subsidiary, Minera Tupiza SRL, has a 99% joint venture interest and a 100% economic participation interest in the highly prospective Iska Iska Property, which can be classified as a polymetallic epithermal-porphyry complex, a significant mineral deposit type in the Potosi Department, in southern Bolivia.

The Iska Iska Project

The Iska Iska Silver-Tin Polymetallic project is located in Eastern Cordillera, south-western Bolivia, which hosts a number of polymetallic mines and mineral deposits. The concession is a road accessible, royalty-free property covering 900 Ha, with good transport connections to Bolivia’s tin smelters.

The company began drilling at the site in 2020, demonstrating extensive cassiterite mineralisation at depth beneath the polymetallic mineralisation.

The company declared a maiden tin resource in 2023, and further drilling campaigns saw the company double this in April 2026 with a new resource totaling 290,000 tonnes contained tin, plus 358 Moz silver, 5,750,000 tonnes zinc, 2,100,000 tonnes lead, and 1.24 Moz gold.

Eloro Resources is currently undergoing a third-party ESG assessment for ITA’s Tin Code reporting scheme, and is continuing its drilling campaign to expand and upgrade its resources ahead of a planned PEA.

Option agreement
January 2020
Drilling begins
September 2020
Initial MRE
August 2023
Updated MRE
April 2026
Expansion drilling
2026
Preliminary economic assessment

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Project Information

Project Name Iska Iska
Country Bolivia
Discovery Type Greenfield
Mine Type Open pit
Product Concentrates
Output (t/y Sn) 2,900

 

Resources

Ore (Mt) 1,030.60
Grade (% Sn) 0.03
Grade (g/t Ag) 9.85
Grade (% Zn) 0.56
Grade (% Pb) 0.20
Grade (g/t Au) 0.03
Contained tin (t Sn) 290,000
Contained silver (Moz Ag) 358.13
Contained zinc (t Zn) 5,750,000
Contained lead (t Pb) 2,100,000
Contained gold (Moz Au) 1.24