The latest announcement is out from Eloro Resources ( (TSE:ELO) ).
Eloro Resources has announced significant findings from its definition drilling program at the Iska Iska deposit in Bolivia, highlighting a major expansion of a tin zone with notable intersections. The discovery comprises a high-grade tin system alongside a large silver-zinc-lead system, potentially indicating the presence of two world-class deposits on the property. These developments could significantly enhance Eloro’s industry positioning by showcasing the potential for extensive tin and polymetallic resources, potentially impacting stakeholders positively by increasing the project’s value and future prospects.
More about Eloro Resources
Eloro Resources Ltd. is a mining company focused on the exploration and development of mineral properties. The company primarily operates in the mining industry and is engaged in the exploration of tin, silver, zinc, and lead deposits, with a market focus on polymetallic projects in Bolivia.
YTD Price Performance: 17.98%
Average Trading Volume: 61,251
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$90.41M
Learn more about ELO stock on TipRanks’ Stock Analysis page.