11:40 AM EST, 01/06/2025 (MT Newswires) -- Eloro Resources ( ELRRF ) on Monday reported the latest assays from its diamond drilling program in the potential Santa Barbara starter pit area within the Iska Iska silver-tin polymetallic project in Bolivia.

Highlights include 193 grams per tonne (g/t) of silver equivalent over 41.25 meters within a broader interval of 106.97 g/t silver equivalent over 142.50 meters.

"The latest reported infill drilling intercepts further demonstrates the consistency of potential commercial value per tonne that will be incorporated in the [preliminary economic assessment] in later 2025," chief executive Tom Larsen said. "These results continue to dispel any previous misinterpretation that there are extensive areas of waste in the overall mineralized zone."

The company said it has completed 4,902.8 meters of diamond drilling so far at the time of the holiday break.

Eloro shares were last seen up $0.03 to $0.90 on the Toronto Stock Exchange.

Price: 0.89, Change: +0.02, Percent Change: +2.30