Hole DSB-76, a stepout hole 100m south-southeast of discovery hole DSB-72, intersected a high-grade silver zone in the upper part of the hole grading 129.57 g Ag/t over 52.50m beginning at 151.50m including a higher grade section of 252.64 g Ag/t over 25.50m beginning at 171.00m. This hole intersected significant deeper tin mineralization returning 0.31% Sn over 28.50m beginning at 334.50m and including 0.63% Sn over 3.0m [...]
Eloro Resources is pleased to announce the closing of its previously announced best efforts private placement for aggregate gross proceeds of C$5,275,101, which includes the partial exercise of the agents' option for gross proceeds of C$275,101. Under the Offering, the Company sold an aggregate of 5,552,738 units of the Company at a price of C$0.95 per Unit. Each Unit consists of one common share of the Company and one [...]
Eloro Resources is pleased to announce that the best efforts private placement as announced by the Company on March 27, 2025 is oversubscribed and fully allocated. Under the Marketed Offering, the Company intends to raise aggregate gross proceeds of up to C$5,000,000 from the sale of up to 5,263,158 units of the Company at a price of C$0.95 per Unit. Red Cloud Securities Inc. is acting as lead agent and sole bookrunner on [...]
Eloro Resources is pleased to announce that it has entered into an agreement with Red Cloud Securities, to act as lead agent and sole bookrunner on behalf of a syndicate of agents, in connection with a best efforts private placement for aggregate gross proceeds of up to C$5,000,000 from the sale of up to 5,263,158 units of the Company at a price of C$0.95 per Unit. Each Unit will consist of one common share of the Company [...]
The high grade intersection above from hole DSB-75 includes 962.23 g Ag/t over 9.75m within a wider zone of 34.50m grading 440.09 g Ag/t which is the highest grade Ag intersection obtained thus far in drilling at Iska Iska. Hole DSB-75 was collared 200m northwest of previously reported hole DSB-68 which intersected 122.03m grading 126.10g Ag/t within a wider 289.13m section grading 66.90 g Ag/t indicating this high grade [...]
This hole DSB-74, located 100m southeast of discovery hole DSB-72, contains a second long deeper intersection of 103.5m grading 0.31% Sn including 28.5m grading 0.44% Sn. High grade tin mineralization in Holes DSB-74 and discovery hole DSB-72 occurs as visible coarse-grained high temperature cassiterite which is likely to be amenable to gravity separation. Tin mineralization is hosted in an extensive intrusion breccia [...]
Tin mineralization is hosted in an extensive intrusion breccia unit that is approximately 750m long by 450m wide and extends to a depth of at least 700m. Previous wide space reconnaissance drilling has intersected a number of significant Sn intersections in this breccia unit which is very under-drilled High grade tin mineralization in Hole DSB-72 reported here occurs as visible coarse-grained high temperature cassiterite [...]
Hole DSB-69 intersected 127.49g Ag/t, 0.50% Zn, 0.16% Pb and 0.31% Sn over 41.25m within a broader interval of 49.71g Ag/t, 0.78% Zn, 0.32% Pb and 0.15% Sn over 142.50m. Hole DSB-70 intersected, 45.71g Ag/t, 3.11% Zn, 1.91% Pb and 0.23% Sn over 81.00m within a broader interval of 30.08g Ag/t, 1.63% Zn 0.98% Pb and 0.13% Sn over 255.75m Hole DSB-71 intersected 53.17 Ag/t, 0.72% Zn, 0.40% Pb and 0.19% Sn over 45.00m within [...]
Intersection in hole DSB-68 above also includes higher grade intervals of: 126.10g Ag/t, 0.55% Zn, 0.60% Pb and 0.09% Sn over 122.03m, 47.61g Ag/t, 0.22% Zn, 0.40% Pb and 0.45% Sn over 16.51m, and 25.52g Ag/t, 2.19% Zn, 0.65% Pb and 0.10% Sn over 7.46m The high grade mineralization is associated with a prominent intrusion breccia body that is widening at depth over a vertical interval of over 500m and likely extends much [...]
Eloro Resources Ltd. is pleased to announce that, in connection with its previously announced non-brokered private placement offering , the Company has closed the second and final tranche of the Offering of 4,200,000 units of the Company at $0.90 per Unit for gross proceeds of $3,780,000. The Offering included a lead order from the Company's largest shareholder and strategic investor, Crescat Capital LLC. Each Unit [...]
Eloro Resources Ltd. is pleased to announce that, in connection with its previously announced non-brokered private placement offering , the Company has increased the size of the Offering from up to 3,900,000 units of the Company at $0.90 per Unit for gross proceeds of up to $3,510,000, to 4,200,000 Units for gross proceeds of $3,780,000. The Company also announces the Offering is fully subscribed and the closing of the [...]
Eloro Resources Ltd. is pleased to announce that, in connection with its previously announced non-brokered private placement offering , the Company has increased the size of the Offering from up to 3,000,000 units of the Company at $0.90 per unit for gross proceeds of up to $2,700,000, to up to 3,900,000 units of the Company for gross proceeds of up to $3,510,000. The Company also announces the first closing of the [...]
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