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Eloro Resources Ltd.

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Summary

Project:

La Victoria

Deposit:La Victoria
Location:Peru
Commodities:Gold-Silver
Date:7/25/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:25-7-2019: Eloro Resources Ltd. announces an Exploration/Drilling Update report for its La Victoria deposit at the La Victoria project. Drill reanalysis results incl. 59.9m @ 0.62g/t Au. Toronto, Canada, March 11, 2019 – Eloro Resources Ltd. (TSX-V: ELO;
Resources:x
CP/QP:[Overall Report]: Jim Steel (Internal)
ABSTRACT:Toronto, Canada, March 11, 2019 – Eloro Resources Ltd. (TSX-V: ELO; FSE: P2Q) (“Eloro” or the “Company”) is pleased to announce drill results from the La Victoria Project diamond drill program that arise from a detailed inhouse scientific analysis of the La Victoria Gold/Silver Project (“La Victoria”), upon which a two-phase diamond drilling project was recently completed. The reanalysis was done as part of an internal QA/QC audit from 4,216m in 12 diamond drill holes. The audit is being done by Jim Steel, MBA, P.Geo., who is assuming the role of Eloro Senior VP Mining and Qualified Person (“QP”) for continued works on the La Victoria project and Mr. Alex Horvath, P.Eng., a QP in resource modelling and development who will assume the role of Chief Technical Advisor while continuing to serve as a Director for Eloro. The Company believes that the results herein described are sufficiently compelling so as to consider additional exploration on the La Victoria project. To that end, the Company is proceeding with an internal resource modelling exercise of the reinterpreted data.

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