Eloro's second phase definition diamond drilling program has now been completed with sixteen drill holes drilled totalling 8,286.40 metres across the potential starter pit area. The program has succeeded in confirming continuity and expanding higher-grade silver-tin-polymetallic mineralization in this extensive porphyry-epithermal system. DSB-93, an infill hole drilled 107m northeast of discovery hole DSB-61, intersected [...]
The potential starter pit at the Santa Barbara zone continues to be open laterally and downdip with definition drilling continuing to return long and higher-grade intercepts. Additional infill and step-out drilling offers significant potential to further expand and upgrade the mineral resources for the planned PEA. DSB-92, a step out hole drilled 50m southeast of discovery hole DSB-88, intersected 90.00 m grading 61.05 [...]
Highlights: This intersection in Hole DSB-88 is the longest zinc interval discovered to date at Iska Iska and is also outside the current resource limit further expanding the Silver-Zinc Epithermal Domain located in the eastern margin of the potential Santa Barbara starter pit. DSB-89, a step-out hole collared 50m northwest of hole DSB-88, intersected a number of higher grade silver, tin and zinc intervals: 13.50m grading [...]
In accordance with regulatory requirements, the Company announces the acquisition of 4,800,000 units of Cartier Silver on a private placement basis at a price of C$0.125 per Unit for total consideration of C$600,000. Each Unit consists of one common share and one half of one Common Share purchase warrant of the Issuer, with each Warrant entitling the holder to purchase one additional Common Share at a price of C$0.20 per [...]
Eloro Resources Ltd. is pleased to announce that in connection with the annual and special meeting of the Company`s shareholders , that was held virtually on September 29, 2025, and in accordance with TSX reporting requirements, the following voting results were obtained. A total of 42,194,396 common shares, which equates to 44.56% of the Company`s issued and outstanding common shares, were represented the Meeting [...]
Highlights: DSB-87, an infill hole drilled 150m southeast of discovery hole DSB-72, intersected 213.00m grading 0.51% Sn and 25.46 g/t Ag within a broader interval of 241.50m grading 0.47% Sn and 23.17 g/t Ag, beginning at 26.10m, including 1.18% Sn over 34.50m, beginning at 62.10m. This is the longest and highest-grade tin intersection obtained thus far in drilling at Iska Iska. Hole DSB-87 also includes higher-grade [...]
DSB-87, an infill hole drilled 150m southeast of discovery hole DSB-72, intersected 213.00m grading 0.51% Sn and 25.46 g/t Ag within a broader interval of 241.50m grading 0.47% Sn and 23.17 g/t Ag, beginning at 26.10m, including 1.18% Sn over 34.50m, beginning at 62.10m. This is the longest and highest-grade tin intersection obtained thus far in drilling at Iska Iska. Hole DSB-87 also includes higher-grade sections of [...]
Eloro Resources is pleased to announce the closing of its previously announced "bought deal" private placement for gross proceeds of C$14,001,250, which includes the exercise in full of the over-allotment option. Pursuant to the Offering, the Company sold 12,175,000 units of the Company at a price of C$1.15 per Unit. Red Cloud Securities Inc. acted as sole underwriter and bookrunner under the Offering. Each Unit consists [...]
Eloro Resources is pleased to announce that further to its press releases dated August 22, 2025 and as a result of strong investor demand, the Company has further increased the gross proceeds of its previously announced "bought deal" private placement from C$10,000,400 to C$11,000,900. Pursuant to the upsized Underwritten Offering, Red Cloud Securities, as sole underwriter and bookrunner, has agreed to purchase for resale [...]
Eloro Resources is pleased to announce that as a result of strong investor demand, the Company has doubled the size of its previously announced "bought deal" private placement from gross proceeds of C$5,000,200 to gross proceeds of C$10,000,400. Pursuant to the upsized Underwritten Offering, Red Cloud Securities, as sole underwriter and bookrunner, has agreed to purchase for resale 8,696,000 units of the Company at a [...]
Eloro Resources is pleased to announce that it has entered into an agreement with Red Cloud Securities, as sole underwriter and bookrunner, pursuant to which Red Cloud has agreed to purchase for resale 4,348,000 units of the Company at a price of C$1.15 per Unit on a "bought deal" basis in a private placement for gross proceeds of C$5,000,200. Each Unit will consist of one common share of the Company and one-half of one [...]
Highlights: DSB-78, a step-out hole 75m southwest of discovery hole DSB-72, intersected a higher-grade tin zone grading 0.40% Sn over 79.50m beginning at 319.60m, including a higher-grade section of 0.89% Sn over 16.50m beginning at 366.10m. Further downhole, it intersected 0.57% Sn over 25.50m beginning at 486.10m, including a section grading 0.90% Sn over 13.50m beginning at 495.10m. Hole DSB-79, a step-out hole [...]
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