Major Discovery
at Iska Iska
Major discovery on the Iska Iska Property, with similar mineralization with Cerro Rico de Potosí, the world’s largest silver deposit
Major discovery on the Iska Iska Property, with similar mineralization with Cerro Rico de Potosí, the world’s largest silver deposit
Raised CDN$25 million in March 2021 through a bought deal financing with Haywood Securities Inc., Cantor Fitzgerald Canada Corporation and Cormark Securities Inc.
An aggressive exploration program is in progress at Iska Iska with over 65,000 metres of diamond drilling in 102 holes completed to date
Economic Commission for Latin America and the Caribbean (ECLAC) forecasting +5%YoY growth for the country, the second highest in South America
Underground Drilling Starts at Huayra Kasa
Discovery Huayra Kasa Breccia Pipe
DHK-04 14.29 g Ag/t, 0.81% Zn and 0.41% Pb over 122.74m
Discovery Santa Barbara Breccia Pipe
DHK-14 intersects almost 180m of silicified and mineralized breccia in Santa Barbara Breccia Pipe approximately 400m in diameter
Discovery Hole DHK-15 intersects High Grade 257.5m at 129.6g Ag eq/t inSanta Barbara Breccia Pipe
442 g Ag eq/t over 166m including 1.092 g Ag eq/t (446 g Ag/t, 9.03% Pb and 1.16% Sn over 56.2m in continuous channel sampling of Santa Barbara adit.
129.65 g Ag eq/t over 300.75m intersected in mineralized envelope of Santa Barbara Breccia Pipe.
160.22 g Ag eq/t over 194.14m in Santa Barbara Breccia Pipe
Resource definition in progress on target block 1,400m along strike 500m wide and up to 600m deep at Santa Barbara
521 g Ag eq/t (including 117 g Ag/t, 1.44 g Au/t, 0.54% Cu and 0.66% Sn) in channel sampling of Porco Adit
172.43 g Ag eq/t (40.16 g Ag/t, 0.51% Zn, 0.41% Pb and 0.13% Sn) over 373.40m in southern part of Santa Barbara Target
171.57 g Ag eq/t (12.04 g Ag/t. 0.29% Zn, 0.22% Pb and 0.22% Sn) over 373.40m in southern part of Santa Barbara Target
182.34g Ag eq/t (29.85g Ag/t, 1.01% Zn, 0.64% Pb, 0.11% Cu and 0.11% Sn) over 351.0m in Southern Part of Santa Barbara Target
169.11 g Ag eq/t (64.30 g Ag/t, 0.96% Zn, 0.37% Pb and 0.07% Sn) over 235.55m to further Expand Higher Grade area to the North in the Eastern Part of the Santa Barbara Target
160.00 g Ag eq/t (27.37g Ag/t, 0.62% Zn, 0.52% Pb and 0.11% Sn) over 251.87m and 133.45 g Ag eq/t (19.10g Ag/t, 0.20 g Au/t, 0.42% Zn, 0.64% Pb and 0.08% Sn) over 289.45m in the Santa Barbara Target area
188.64 g Ag eq/t (44.75 g Ag/t, 0.08 g Au/t, 1.05% Zn, 0.76% Pb and 0.14% Sn) over 349.08m in Core of Feeder Zone in the Santa Barbara Target Area
150.47 g Ag eq/t (9.45 g Ag/t, 1.53% Zn, 0.88% Pb and 0.07% Sn) over 441.21m in High-Grade Feeder Zone in Santa Barbara Target Area. Longest continuously mineralized intersection obtained in drilling thus far. High grade feeder zone has a potential strike length of at least 2km. Excellent potential to outline major open pittable deposit in valley of the caldera. Completion date for inaugural Mineral Resource Estimate pushed back to end of Q1 2023.
198.00 g Ag eq/t (67.79 g Ag/t, 1.44% Zn and 1.04% Pb) over 134.47m in Silver-Rich Area of High-Grade Feeder Zone in Santa Barbara Target Area
Multiple Intersections including 108.16 g Ag eq/t (11.63 g Ag/t, 1.53% Zn and 0.36% Pb) over 111.26m in High-Grade Feeder Zone in Santa Barbara Target Area
Iska Iska is in the SW part of the Eastern Cordillera which hosts a number of world-class deposits of gold, silver, iron ore, zinc, tin, lead and lithium
Dr. Osvaldo Arce, P.Geo., President of Bolivian Geological Society (2010-2017), a highly recognized Bolivian geologist and key member of the Eloro team, published a second edition of his comprehensive textbook on metalliferous ore deposits of Bolivia in November 2020
Cerro Rico de Potosí | Comibol |
Silver Sand | New Pacific Metals |
San Bartolome | Comibol/Andean Precious Metals |
Pulacayo | Silver Elephant |
San Cristobal | Sumitomo Corp. |
San Vicente | Pan American Silver |
Highest electrical and thermal conductivity of all the metals 30% of silver supply is used in electrical applications 10% of current silver supply is used in solar PV