LA VICTORIA, Ancash, Peru

Gold/Silver

  • La Victoria is 100% owned by Eloro and has never been drilled
  • Located near world-class, low-cost gold producers Tahoe and Barrick
  • $5 Million Option Agreement for a 25% interest in La Victoria (July 31, 2018 earn-in completion date)
  • Excellent potential for gold discovery in Peru’s prolific North-Central Mineral Belt
  • Eloro has the technical skills and ability to explore and develop the La Victoria project through to feasibility and production

Large Unexplored Opportunity in the North-Central Mineral Belt

  • Located in Ancash Department, La Victoria sits on the western slopes of the Peruvian Andes at elevations that vary from 3,000 m to 4,500 m above sea level
  • The property is located 12 hours from Lima with a travel distance of 600 km
  • The nearest road accessible population centers from La Victoria are Huandoval, Pallasca and Cabana

Puca Fault - Major Feeder Structure for Epithermal Gold Mineralization - Four Current Identified Targets

  • Victoria - 8.4 g Au/t over 1.2 m
  • Victoria South - 13.66 g Au/t over 1.10 m
  • Victoria South - 33.02 g Au/t over 0.30 m
  • Rufina - 20.5 g Au/t over 0.4 m
  • Rufina - 14.4 g Au/t over 0.5 m
  • San Markito - 0.8 g Au/t and 229 g Ag/t over 3.5 m

Magnetics Map with Target Areas

  • Gold/silver mineralization occurs in structures associated with dioritic and sedimentary rocks
  • Magnetic map (analytical signal) shows a number of very prospective targets in intrusives and sediments

Rufina Area - Geological Interpretation

  • Gold mineralization at Rufina is hosted in extensive sheeted sets of veins, veinlets swarms, stockworks and breccias in sedimentary and dioritic intrusive rocks
  • The vein controlled systems are 20-70 m wide, up to 500 m long with a dominant NW-SE strike and steep dips
  • Mineralization consists of iron oxide-quartz-pyrite-arsenopyrite with local sphalerite and galena
  • IP anomaly extends for more than 600 m across Rufina
  • Numerous artisanal workings on high-grade quartz veins


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