Aggressive Exploration Program

Eloro has an option to acquire a 100% interest in the 9 square km, highly prospective Iska Iska Property, which hosts a major silver-tin polymetallic porphyry-epithermal complex located 4,000m above sea level. Holds a total of 485km² in region.

Raised over CDN$40 million, through 3 bought deal financings with Haywood Securities Inc., Cantor Fitzgerald Canada Corporation and Cormark Securities Inc.

Major Discovery at Iska Iska

An aggressive exploration program is in progress at Iska Iska with 85,000 metres of diamond drilling in 122 holes completed since the program began in September 2020.

Bolivia, a Prolific Mining Country

Modern mining laws and a supportive political environment

• Modern mining laws and a supportive political environment
• Mining Minister Alejandro Santos Laura has a technical history and is pro domestic and foreign mining investment
• Straightforward mining laws and a simple tax structure with no capital controls
• New government pilot plan launched (April 2021) to develop/reactivate lithium salars with international mining companies
• Mining is the largest contributor to the bolivian economy at 30%
• 0% VAT on mining/industrial equipment
• Bolivia and Brazil recently signed 10 bilateral cooperation agreements that cover foreign investment protection, mining and oil and gas exploration (under the new government pilot plan)