Ongoing magnetics surveys by Eloro Resources Ltd. (TSX-V: ELO) have identified a new Breccia Pipe target at the firm’s Iska Iska silver-tin polymetallic project.
The Porco (South) Breccia Pipe target is approximately 600m in diameter and has a similar signature to the already drilled Santa Barbara and Central Breccia Pipes, further confirming the likelihood of it being a major breccia pipe.
There is also a prominent area of low intensity northwest of the Santa Barbara Breccia Pipe (SBBP) which requires follow-up work.
Eloro recently reported 123.6m @ 122.7 g/t AgEq (35.05 g/t Ag, 0.72% Zn, 0.61% Pb, 0.11% Sn and 0.06g/t Au) at the SBBP target.
The firm aims to plan additional drilling based on 3D magnetic inverse models, and expects to launch induced polarization/geophysical surveys in the latter part of June to further refine target definition.