08:28 AM EDT, 08/06/2025 (MT Newswires) -- Eloro Resources ( ELRRF ) reported Wednesday assays from the first five drill holes of the restart phase definition diamond drilling program at the Santa Barbara starter pit area within the Iska Iska silver-tin polymetallic project in Bolivia.
Highlights include 0.40% tin over 79.50 meters, including a higher-grade section of 0.89% tin over 16.50 meters.
"The new drill results are significantly expanding on the existing mineralization in the predominant tin domain, further adding to the solid foundation for building the initial open pit mineral resource," CEO Tom Larsen said.
Eloro said the Santa Barbara zone continues to be open laterally and downdip, offering potential for further infill and step-out drilling to expand and upgrade resources for a planned preliminary economic assessment.
Eloro's share price closed 7.2% higher on Tuesday to $1.34 on the TSX.