LA VICTORIA, Ancash, Peru
Gold/Silver
- La Victoria is 82% owned by Eloro and has never been drilled
- Located near world-class, low-cost gold producers Pan American Silver 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