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Eloro Resources Advances Bolivian Drilling Projects
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Eloro Resources Advances Bolivian Drilling Projects

Story Highlights
  • Eloro Resources targets upgrading of inferred resources and refining grade estimates.
  • Plans for additional drilling and processing studies set to enhance Iska Iska project value.
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Eloro Resources (TSE:ELO) has released an update.

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Eloro Resources has announced the continuation of their drilling program at the Iska Iska Silver-Tin Polymetallic Project in Bolivia, aiming to transform inferred mineral resources into indicated ones and enhance grade estimates. The initial phase includes 5,700m of drilling to delineate high-grade silver and tin mineralization and improve the resource model, with further plans for an additional 7,000m to update mineral resources for a preliminary economic assessment. Moreover, the company is exploring processing options for tin and silver, including a potential underground ramp development for bulk sampling and metallurgical testing.

For further insights into TSE:ELO stock, check out TipRanks’ Stock Analysis page.

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