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Eloro Resources Ltd.

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Summary

Project:

Iska Iska

Deposit:Iska Iska
Location:Bolivia
Commodities:Gold-Silver-Coper-Lead-Zinc
Date:4/29/2020
Report Code:NI43-101
Report Type:Supporting Acquisition
Project Stage:Pursuing Resources Definition
Report details:29-4-2020: Eloro Resources Ltd. announces a Supporting Acquisition report for its Iska Iska deposit at the Iska Iska project. Summary of property in support of acquisition. Eloro Resources Ltd. (Eloro) has retained Micon International Limited (Micon) to r
Resources:x
CP/QP:[Overall Report]: Charley Murahwi, Richard Gowans (Micon International Ltd.)
ABSTRACT:Eloro Resources Ltd. (Eloro) has retained Micon International Limited (Micon) to review its preliminary/reconnaissance exploration results on the Iska Iska polymetallic Project (Iska Iska or the Project) in southwestern Bolivia; and, to prepare a Technical Report, as defined in the Canadian Securities Administrators’ (CSA) National Instrument 43-101 (NI 43-101), in compliance with Form 43-101F1, to support its release to the public. Thus, the purpose of this technical assessment report is threefold, viz: It is understood that, as a result of the recently signed definitive option agreement with Empresa Minera Villegas SRL for the Project, Iska Iska has become a material property for Eloro requiring a Technical Report, recommending a program of exploration work. The Project comprises a polymetallic (Ag, Zn, Pb, Au, Cu, Bi, Sn, In) epithermal-porphyry complex. Eloro has completed a preliminary evaluation of the Project, including geological mapping and channel sampling of the underground and on surface workings, which returned very positive results. This report supports the public disclosure of the preliminary exploration results and details of Eloro’s next exploration phase. The effective date of this report is March 30, 2020

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