Eloro Resources Ltd. (TSX-V: ELO) expanded the strike length and surrounding mineralized envelope of the Santa Barbara Breccia Pipe (SBBP) target at its Iska Iska silver-tin polymetallic project to over 1.2km instead of 800m.
3D inversion modelling confirmed that an area of anomalously low magnetic variability northwest of the SBBP (reported in June) is comparable to the SBBP and Central Breccia Pipe (CBP) targets, both marked by similar magnetic anomalies.
Step out drilling northwest of Santa Barbara Breccia Pipe demonstrates room for expansion of the mineralized structure.
Among the results from the four latest holes drilled, the best was 53.20m @ 234.19g/t AgEq (70.5 g Ag/t, 2.31% Zn, 2.74% Pb and 0.04% Sn) from hole 20, starting at 139.35m depth. This intersect included 9.26m @ 931.73g/t AgEq.
Eloro has completed 58 drill holes at Iska Iska, totalling 26,982m. Two surface drill rigs are completing drilling at SBBP in order to outline an initial NI-43-101-compliant resource. A third drill rig is testing the eastern part of SBBP and its mineralized envelope.
Meanwhile, in Peru the firm’s 82%-owned subsidiary Compañia Minera Eloro Peru secured a surface rights agreement with the Pallasca Community of Pallasca Province to allow continued exploration at it’s La Victoria project, which hosts the San Markito epithermal silver target.
