Eloro Resources (TSE:ELO) has released an update.
Eloro Resources Ltd. has renegotiated the payment terms for acquiring 100% interest in the Iska Iska silver-tin polymetallic project in Bolivia, with a revised schedule for the remaining $5.1 million of the total $10 million payment. The Iska Iska project, which Eloro is working to fully own, is noted for its significant silver and tin mineralization, with discoveries and drilling confirming promising results. The new agreement outlines staggered payments through July 2025, with Eloro having already paid $4.9 million.
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