Eloro Resources Ltd. is pleased to announce results of detailed mineral determination studies from representative rock samples collected from three mineralized sectors at the La Victoria Gold/Silver Project. The studies confirm free gold, free silver, sulphide gold and silver, and alloy gold and silver occur in a complex suite of sulphide mineralization at La Victoria, as suggested from drill data . A total of eighteen [...]
Eloro Resources Ltd. is pleased to announce drill results from the La Victoria Project diamond drill program that arise from a detailed in-house scientific analysis of the La Victoria Gold/Silver Project , upon which a two-phase diamond drilling project was recently completed. The reanalysis was done as part of an internal QA/QC audit from 4,216m in 12 diamond drill holes. The audit is being done by Jim Steel, MBA [...]
Eloro Resources Ltd. announces the resignation of Mr. Philip Garratt as a director of the Company effective immediately. The Company would like to express its thanks to Mr. Garratt for his contributions to the board of directors throughout his tenure and wishes him success in all of his future endeavours. About Eloro Resources Ltd. Eloro is an exploration and mine development company with a portfolio of gold and [...]
Eloro Resources Ltd. is pleased to announce that it has retained Venture Liquidity Providers Inc. to provide market-making services. The market making service will be undertaken by VLP through a registered broker, W.D. Latimer Co. Ltd. in compliance with TSX Venture Exchange policies. VLP will buy and sell shares of Eloro on the TSXV for the purpose of maintaining an orderly trading market or providing liquidity in the [...]
Eloro Resources Ltd. is pleased to announce that the Corporation has won the ‘Business of the Year’ award from the Peruvian-Canadian Chamber of Commerce . The Business of the Year award is given to ”‘the Canadian or Peruvian organization that has shown great commitment to the development of Peruvian/Canadian relationships and a high degree of success in the areas of Management and Social [...]
Eloro Resources Ltd. is pleased to announce it has completed a previously announced non-brokered private placement , of 750,000 units of Eloro at a price of $0.40 per unit for gross proceeds of $300,000. Each Unit consists of one Common Share and one half of one Common Share purchase warrant . Each whole Warrant entitles the holder to purchase one Common Share at a price of $0.60 per share for a term of 18 months [...]
Eloro Resources Ltd. is pleased to announce that further to its release date November 30, 2018, it is proceeding with an increased non-brokered private placement of up to 750,000 units of Eloro at a price of $0.40 per unit for proceeds of up to $300,000. Each Unit will consist of one common share and one half of one Common Share purchase warrant . Each whole Warrant will entitle the holder to purchase one Common Share at [...]
Eloro Resources Ltd. is pleased to announce that it is proceeding with a non-brokered private placement of up to 625,000 units of Eloro at a price of $0.40 per unit for proceeds of up to $250,000. Each Unit will consist of one common share and one half of one Common Share purchase warrant . Each whole Warrant will entitle the holder to purchase one Common Share at a price of $0.60 per share for a term of 18 months [...]
Eloro Resources Ltd. announces that it has completed the previously announced shares-for-debt transaction with insiders of the Corporation who are related parties, whereby Eloro issued 962,000 Common Shares at a price of $0.50 per Common Share to settle debts of $481,000. The transaction is being undertaken by Eloro in order to conserve capital and improve the Corporation’s balance sheet while financing junior [...]
Eloro Resources Ltd. announces its intention to proceed with a shares-for-debt transaction with insiders of the Corporation who are related parties , in which Eloro proposes to issue 962,000 Common Shares at a price of $0.50 per Common Share to settle debts of $481,000. The transaction is being undertaken by Eloro in order to conserve capital and improve the Corporation’s balance sheet while financing junior [...]
Eloro Resources Ltd. is pleased to provide an update on the La Victoria Gold Project in the north-central mineral belt of Peru which it is exploring with its joint venture partner EHR Resources . EHR currently holds a 10% interest through its Peruvian subsidiary and is earning up to a 25% interest in La Victoria. Eloro’s Peruvian subsidiary currently owns a 90% interest in La Victoria. Eloro completed three diamond [...]
TORONTO, July 30, 2018 -- Eloro Resources Ltd. announces the grant of options to a consultant to purchase an aggregate of 50,000 common shares of Eloro, exercisable at $0.50 per share at any time on or before July 30, 2023. The grant is subject to TSX Venture Exchange acceptance and is made in accordance with and subject to the terms of Eloro’s stock option plan. In accordance with securities regulatory [...]
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