Eloro Announces Change to Its Board of Directors
November 22 2012 - 4:49PM
Marketwired
Eloro Resources Ltd. (TSX VENTURE:ELO)(FRANKFURT:P2Q) ("Eloro", or
the "Company") announces the resignation of Mr. Paul Ankcorn as a
director of the Company effective immediately. The Company is
pleased to announce that Mr. Ankcorn has agreed to remain as a
consultant to the Company on an as needed basis. The Company would
like to express its thanks to Mr. Ankcorn for his many
contributions to the board of directors and audit committee
throughout his tenure.
About Eloro Resources Ltd.
Eloro Resources is an exploration and mine development company
with a portfolio of gold and base-metal properties in northern and
western Quebec. The Company is focussed on expanding the historic
gold resources at the past-producing Simkar Mine. The Simkar
Property consists of two contiguous mining concessions (2.26 km2)
and eleven mineral claims (1.77 km2) in Louvicourt Township,
approximately 20 km east of Val-d'Or, Quebec.
Since optioning the Simkar Property in 2009, Eloro has completed
18,915 m of drilling on the Project and has identified two new
mineralized zones below the historic workings and two near surface
zones in a diorite unit south of the historic workings.
Eloro plans to pursue exploration work at Simkar with the
objective to outline quality gold resources in an established
mining camp.
Information in this news release may contain forward-looking
information. Statements containing forward-looking information
express, as at the date of this news release, the Company's plans,
estimates, forecasts, projections, expectations, or beliefs as to
future events or results and are believed to be reasonable based on
information currently available to the Company. There can be no
assurance that forward-looking statements will prove to be
accurate. Actual results and future events could differ materially
from those anticipated in such statements. Readers should not place
undue reliance on forward-looking information.
Neither the TSXV nor its Regulation Services Provider (as that
term is defined in the policies of the TSXV) accepts responsibility
for the adequacy or accuracy of this release.
Contacts: Eloro Resources Ltd. Thomas G. Larsen President and
CEO (416) 868-9168 Eloro Resources Ltd. Jorge Estepa Vice-President
(416) 868-9168