Eloro Resources Ltd. (TSX-V: ELO; OTCQX: ELRRF; FSE:
P2QM) (“Eloro”, or the “Company”) is pleased to announce
assay results from an additional two (2) diamond drill holes from
its on-going drilling program at the Iska Iska silver-tin
polymetallic project in the Potosi Department, southern Bolivia.
Hole METSBUG-01 is an underground hole drilled for metallurgical
sampling purposes from the Santa Barbara adit, while step-out hole
DSB-25 was drilled approximately 400m northwest of hole METSBUG-01.
Both holes intersected major new extensions of the already large
Santa Barbara mineralized zone.
The Company has completed 53,445m in 83 drill
holes, including three holes in progress, as shown in Figure 1.
Table 1 lists significant assay results from holes METSBUG-01 and
DSB-25. Prices used for calculating Ag equivalent grades are as
outlined in Eloro’s February 1, 2022, press release. Table 2
summarizes drill holes with assays pending. Highlights are as
follows:
Santa Barbara Mineral Resource Target
Area
Hole METSBUG-01, an underground hole drilled for
metallurgical sampling purposes from the Santa Barbara adit, was
drilled at azimuth 10 degrees at a dip of -35 degrees to intersect
the midpoint of an intercept of 184.97g Ag eq/t (29.53g
Ag/t, 0.08g Au/t, 1.45% Zn, 0.59% Pb, 0.08% Cu, 0.056% Sn) over
257.5m in discovery hole DHK-15 (see Eloro’s January 26,
2021 press release; 164.87g Ag eq/t recalculated, up from 129.60 g
Ag eq/t, using current metal pricing) to provide a representative
sample in the higher-grade mineralized area of the Santa Barbara
breccia pipe (Figures 1 and 2 and Table 1).
This hole intersected 182.34g Ag eq/t
(29.85g Ag/t, 1.01% Zn, 0.64% Pb, 0.11% Cu and 0.11% Sn) over its
full length of 351.0m including higher-grade sections
of:
- 261.14g Ag eq/t (24.65g
Ag/t, 0.15% Zn, 0.14% Pb, 0.81% Cu and 0.19% Sn) over
22.56m from 2.94m to 25.50m,
- 599.26g Ag eq/t (208.14g
Ag/t, 0.28% Zn, 0.51% Pb, 0.56% Cu and 0.41% Sn) over
17.60m from 46.66m to 64.26m. This section included a
remarkable sample over 1.42m from 55.43m to 56.85m
which assayed 5,106g Ag eq/t (1,730g Ag/t, 0.42g Au/t,
2.15% Bi, 6.33% Cu and 3.55% Sn),
- 324.72g Ag eq/t (12.49g
Ag/t, 1.88% Zn, 1.26% Pb, 0.02% Cu and 0.31% Sn) over
30.01m from 92.89m to 122.90m,
- 292.78g Ag eq/t (55.64g
Ag/t, 2.70% Zn, 1.31% Pb, 0.02% Cu and 0.12% Sn) over
31.72m from 241.28m to 273.00m
As shown in Figure 2, a SW-NE cross section
looking northwest, hole METSBUG-01, along with previously released
drill holes METSBUG-02 (see Eloro’s February 23, 2022 press
release) and DSBU-03 (see Eloro’s March 1, 2022 press release)
define a major high grade mineralized area that extends across a
width of approximately 600m to a depth of a least 600m and is open
along strike to the northwest and at depth. It is significant to
note that hole METSBUG-01 was mineralized from top to bottom and
terminated in mineralization.
Importantly, mineralization, especially areas
with higher tin grades, appears coincident with elevated magnetic
susceptibility (Figure 2). Areas of elevated magnetic
susceptibility appear much more expansive than current volumes of
rock that have been drill tested, a good indication that more
mineralization is yet to be discovered.
Step-out hole DSB-25, drilled
approximately 400m northwest of hole METSBUG-01, intersected 25
reportable intersections with a best result of 205.13g Ag
eq/t (25.01g Ag/t, 0.1 g Au/t, 0.13% Cu and 0.25% Sn) over
81.11m from 356.93m to 439.04m including a higher-grade
section of 428.83g Ag eq/t (55.88 g Ag/t, 0.19 g Au/t,
0.28% Cu and 0.53 %Sn) over 17.93m from 379.18m to
397.11m. This hole continues to confirm the extent of significant
mineralization in the northwest extension area of Santa
Barbara.
Tom Larsen, CEO of Eloro, commented: “We are
continuing to intersect wide areas of higher-grade mineralization
which will enhance our planned inaugural National Instrument 43-101
mineral resource estimate. Longer holes are planned in this very
prospective area of the Santa Barbara target to better define the
full extent of the higher-grade areas which remain open both along
strike and downdip.”
Dr. Bill Pearson, P.Geo., Eloro’s Executive Vice
President Exploration, added: “We are continuing to expand the
extent of the remarkable silver-tin polymetallic mineralized system
at Iska Iska. Additional holes are in progress to test the downdip
and along strike extent of the high-grade zone in the southeastern
part of the Santa Barbara target area. Drilling is also in
progress, as outlined in the Eloro press release of March 1, 2022,
to test the major targets in the Porco area indicated by the 3D
inverse magnetic susceptibility model.”
Dr. Osvaldo Arce, P.Geo., General Manager of
Eloro’s Bolivian subsidiary Minera Tupiza S.R.L. (“Minera Tupiza”),
further commented: “Recent assays from drillholes METSBUG 1 and 2
and DSBU-03 have intersected highly enriched zones of Sn, Ag, Pb
and Cu with local Au and Bi in stockworks, disseminations and a
variety of breccia types including both volcanic explosive and
later structurally controlled breccias. The strength and intensity
of mineralization in these holes along with the elevated magnetic
susceptibility which extends much further along strike and downdip
suggests the possibility of a major feeder in this area.”
Table 1: Significant Results, Diamond
Drilling, Santa Barbara Resource Definition Target Area as at March
16, 2022.
SANTA BARBARA RESOURCE DEFINITION TARGET ZONE |
UNDERGROUND METALLURGICAL DRILL HOLE |
Hole No. |
From (m) |
To (m) |
Length (m) |
Ag |
Au |
Zn |
Pb |
Cu |
Sn |
Bi |
Cd |
Ag eq |
g/t |
g/t |
% |
% |
% |
% |
% |
% |
g/t |
METSBUG-01 |
0.00 |
351.00 |
351.00 |
29.85 |
0.03 |
1.01 |
0.64 |
0.11 |
0.11 |
0.02 |
0.01 |
182.34 |
Incl |
2.94 |
25.50 |
22.56 |
24.65 |
0.05 |
0.15 |
0.14 |
0.81 |
0.19 |
0.01 |
0.00 |
261.14 |
Incl |
46.66 |
64.26 |
17.60 |
208.14 |
0.07 |
0.28 |
0.51 |
0.56 |
0.41 |
0.21 |
0.01 |
599.26 |
Incl |
92.89 |
122.90 |
30.01 |
12.49 |
0.03 |
1.88 |
1.26 |
0.02 |
0.31 |
0.00 |
0.01 |
324.72 |
Incl |
241.28 |
273.00 |
31.72 |
55.64 |
0.02 |
2.70 |
1.21 |
0.02 |
0.12 |
0.00 |
0.01 |
292.78 |
NORTHWEST EXTENSION DRILL HOLE |
DSB-25 |
28.46 |
29.80 |
1.34 |
13.00 |
0.25 |
0.01 |
1.97 |
0.05 |
0.00 |
0.042 |
0.001 |
112.56 |
|
74.10 |
114.60 |
40.50 |
7.34 |
0.04 |
0.00 |
0.17 |
0.01 |
0.08 |
0.002 |
0.001 |
64.16 |
|
147.02 |
148.40 |
1.38 |
30.00 |
0.07 |
0.01 |
0.27 |
0.01 |
0.08 |
0.014 |
0.001 |
97.17 |
|
188.92 |
191.96 |
3.04 |
53.79 |
0.04 |
0.00 |
0.98 |
0.01 |
0.02 |
0.001 |
0.001 |
101.78 |
|
205.45 |
232.46 |
27.01 |
39.47 |
0.05 |
0.01 |
0.37 |
0.06 |
0.04 |
0.003 |
0.001 |
89.29 |
|
253.43 |
260.90 |
7.47 |
1.10 |
0.03 |
0.09 |
0.75 |
0.03 |
0.03 |
0.001 |
0.010 |
53.58 |
|
268.39 |
284.96 |
16.57 |
16.47 |
0.03 |
0.18 |
0.84 |
0.02 |
0.04 |
0.002 |
0.004 |
80.33 |
|
308.96 |
347.97 |
39.01 |
6.71 |
0.05 |
0.18 |
0.08 |
0.09 |
0.04 |
0.002 |
0.003 |
55.16 |
|
356.93 |
439.04 |
82.11 |
25.01 |
0.11 |
0.01 |
0.03 |
0.13 |
0.25 |
0.031 |
0.001 |
205.13 |
Incl. |
379.18 |
397.11 |
17.93 |
55.88 |
0.19 |
0.01 |
0.04 |
0.22 |
0.53 |
0.086 |
0.001 |
428.83 |
|
463.20 |
511.86 |
48.66 |
1.09 |
0.02 |
0.03 |
0.47 |
0.01 |
0.12 |
0.001 |
0.029 |
94.26 |
|
539.20 |
542.20 |
3.00 |
4.50 |
0.08 |
0.87 |
0.20 |
0.01 |
0.01 |
0.006 |
0.030 |
67.28 |
|
564.70 |
570.69 |
5.99 |
2.61 |
0.04 |
0.02 |
0.01 |
0.05 |
0.09 |
0.006 |
0.003 |
65.41 |
|
591.03 |
593.99 |
2.96 |
4.48 |
0.07 |
0.01 |
0.00 |
0.15 |
0.14 |
0.035 |
0.001 |
120.46 |
|
612.04 |
615.03 |
2.99 |
6.99 |
0.12 |
0.00 |
0.01 |
0.08 |
0.08 |
0.005 |
0.001 |
73.20 |
|
630.04 |
643.52 |
13.48 |
3.99 |
0.17 |
0.01 |
0.00 |
0.09 |
0.04 |
0.005 |
0.001 |
57.42 |
|
663.01 |
664.51 |
1.50 |
7.00 |
0.06 |
0.04 |
0.02 |
0.57 |
0.02 |
0.363 |
0.001 |
168.61 |
|
682.50 |
685.53 |
3.03 |
10.53 |
0.02 |
0.05 |
0.00 |
0.26 |
0.14 |
0.004 |
0.001 |
133.31 |
|
691.50 |
697.50 |
6.00 |
4.37 |
0.16 |
0.10 |
0.01 |
0.05 |
0.04 |
0.078 |
0.001 |
67.41 |
|
703.50 |
713.87 |
10.37 |
9.46 |
0.53 |
0.39 |
0.01 |
0.08 |
0.06 |
0.183 |
0.001 |
145.81 |
|
719.90 |
725.82 |
5.92 |
4.29 |
0.03 |
0.39 |
0.15 |
0.06 |
0.05 |
0.014 |
0.001 |
67.07 |
|
739.43 |
742.41 |
2.98 |
3.00 |
0.07 |
0.30 |
0.07 |
0.06 |
0.04 |
0.061 |
0.001 |
69.46 |
|
755.97 |
760.52 |
4.55 |
4.89 |
0.17 |
0.18 |
0.03 |
0.08 |
0.07 |
0.043 |
0.001 |
86.36 |
|
766.54 |
768.03 |
1.49 |
7.00 |
0.04 |
0.19 |
0.03 |
0.19 |
0.09 |
0.032 |
0.001 |
101.64 |
|
772.54 |
778.59 |
6.05 |
6.23 |
0.10 |
0.75 |
0.05 |
0.20 |
0.06 |
0.042 |
0.003 |
121.20 |
|
796.54 |
798.03 |
1.49 |
3.00 |
0.09 |
0.11 |
0.09 |
0.06 |
0.03 |
0.347 |
0.001 |
107.40 |
Note: True width of the mineralization is not
known at the present time, but based on the current understanding
of the relationship between drill orientation/inclination and the
mineralization within the breccia pipes and the host rocks such as
sandstones and dacites, it is estimated that true width ranges
between 70% and 90% of the down hole interval length but this will
be confirmed by further drilling and geological modelling.
Chemical symbols: Ag= silver, Au = gold, Zn =
zinc, Pb = lead, Cu = copper, Sn = tin, Bi = bismuth, Cd = cadmium
and g Ag eq/t = grams silver equivalent per tonne. Quantities are
given in percent (%) for Zn, Pb Cu, Sn, Bi and Cd and in grams per
tonne (g/t) for Ag, Au and Ag eq.
Metal prices and conversion factors used for
calculation of g Ag eq/t (grams Ag per grams x metal ratio) are as
follows (Prices updated as of February 1, 2022, to more accurately
reflect current metal prices):
Element |
Price $US (per kg) |
Ratio to Ag |
Ag |
$722.56 |
1.0000 |
Sn |
$42.56 |
0.0589 |
Zn |
$3.30 |
0.0046 |
Pb |
$2.33 |
0.0032 |
Au |
$57,604.00 |
79.7221 |
Cu |
$9.68 |
0.0134 |
Bi |
$12.76 |
0.0177 |
Cd |
$5.50 |
0.0076 |
In calculating the intersections reported in
this press release a sample cutoff of 30 g Ag eq/t was used with
generally a maximum dilution of 3 continuous samples below cutoff
included within a mineralized section unless more dilution is
justified geologically.
The equivalent grade calculations are based on
the stated metal prices and are provided for comparative purposes
only, due to the polymetallic nature of the deposit. Metallurgical
tests are in progress by Blue Coast Ltd. to establish levels of
recovery for each element reported but currently the potential
recovery for each element has not yet been established. While there
is no assurance that all or any of the reported concentrations of
metals will be recoverable, Bolivia has a long history of
successfully mining and processing similar polymetallic deposits
which is well documented in the landmark volume “Yacimientos
Metaliferos de Bolivia” by Dr. Osvaldo R. Arce Burgoa, P.Geo.
Table 2: Summary of Diamond Drill Holes
Completed with Assays Pending and Drill Holes in Progress at Iska
Iska from March 16, 2022 press release.
Hole No. |
Type |
Collar Easting |
Collar Northing |
Elev |
Azimuth |
Angle |
Hole Length m |
Surface Drilling Northwest Extension Santa
Barbara |
DSB-14 |
S |
205283.0 |
7656587.2 |
4175.0 |
225 |
-65 |
968.5 |
DSB-16 |
S |
204973.1 |
7657053.8 |
4165.0 |
225 |
-65 |
862.0 |
DSB-17 |
S |
7656765.4 |
205131.3 |
4173.0 |
225 |
-40 |
841.0 |
DSB-18 |
S |
7656676.3 |
205207.1 |
4175.0 |
225 |
-40 |
890.4 |
DSB-19 |
S |
7656676.3 |
205207.1 |
4175.0 |
225 |
-65 |
803.3 |
DSB-22 |
S |
7657208.4 |
204799.4 |
4145.0 |
225 |
-40 |
258.4 |
DSB-23 |
S |
205341.0 |
7656535.0 |
4177.0 |
225 |
-40 |
661.3 |
DSB-24 |
S |
205341.0 |
7656535.0 |
4177.0 |
225 |
-65 |
343.4 |
DSB-26 |
S |
205044.5 |
7656982.6 |
4150.0 |
225 |
-40 |
815.4 |
DSB-27 |
S |
205044.5 |
7656982.6 |
4150.0 |
225 |
-65 |
800.4 |
|
|
|
|
|
|
Subtotal |
7244.1 |
Underground Drilling Santa Barbara Adit |
DSBU-4 |
UG |
205285.2 |
7656074.8 |
4165.0 |
180 |
-20 |
570.0 |
DSBU-5 |
UG |
205285.2 |
7656074.8 |
4165.0 |
0 |
-40 |
491.7 |
DSBU-6 |
UG |
205285.2 |
7656074.8 |
4165.0 |
0 |
-65 |
253.5 |
DSBU-7 |
UG |
205284.5 |
7656080.0 |
4167.1 |
235 |
-50 |
800.9 |
|
|
|
|
|
|
Subtotal |
2116.1 |
DSBU-8 |
UG |
205284.5 |
7656080.0 |
4167.1 |
200 |
-50 |
In progress |
Surface Drilling South Extension Santa
Barbara |
DSBS-01 |
S |
205300.0 |
7655563.0 |
4204.0 |
30° |
-30 |
700.8 |
|
|
|
|
|
|
Subtotal |
700.8 |
DSBS-02 |
S |
205300.0 |
7655563.0 |
4204.0 |
0° |
-45 |
In progress |
|
|
|
|
|
|
|
|
Porco Target Area – Surface Drill Program |
DPC-04 |
S |
205457.2 |
7655110.9 |
4175.0 |
0 |
-60 |
371.4 |
DPC-05 |
S |
205457.2 |
7655110.9 |
4175.0 |
90 |
-60 |
407.5 |
DPC-06 |
S |
205457.2 |
7655110.9 |
4175.0 |
243 |
-60 |
716.4 |
DPC-07 |
S |
205090.0 |
7655343.7 |
4310.0 |
235 |
-65 |
791.4 |
DPC-08 |
S |
205456.2 |
7655113.4 |
4175.9 |
243 |
-60 |
800.4 |
|
|
|
|
|
|
Subtotal |
2295.7 |
DPC-09 |
S |
205090.0 |
7655343.7 |
4310.0 |
235 |
-65 |
In progress |
|
|
|
|
|
|
TOTAL |
12,356.7 |
S = Surface UG=Underground; collar coordinates
in metres; azimuth and dip in degrees. Total drilling completed
since the start of the program on September 13, 2020 to December
17, 2021 is 40,468 m in 73 holes (26 underground holes and 47
surface holes). From re-start of drilling on January 17, 2022, an
additional 12,977m has been completed bringing the overall total to
53,445m in 83 drill holes (28 underground drill holes and 55
surface drill holes) including 3 holes in progress.
Figure 1: Geology of the Iska Iska Caldera
Complex showing locations of Major Breccia Pipe targets, the Santa
Barbara Resource Definition Target Zone and diamond drill holes
completed and
planned.https://www.globenewswire.com/NewsRoom/AttachmentNg/ddad13c1-182e-4aef-a844-9d1ecde42769
Figure 2: Preliminary W-E Geological Cross
Section with Drill Holes METSBUG-01, METSBUG-02 and DSBU-03
(looking
northwest)https://www.globenewswire.com/NewsRoom/AttachmentNg/0f84cd4c-4e09-41a7-b3de-9ae3b13d66dc
Qualified Person
Dr. Osvaldo Arce, P. Geo., General Manager of
Minera Tupiza, and a Qualified Person in the context of NI 43-101,
has reviewed and approved the technical content of this news
release. Dr. Bill Pearson, P.Geo., Executive Vice President
Exploration Eloro, and who has more than 45 years of worldwide
mining exploration experience including extensive work in South
America, manages the overall technical program working closely with
Dr. Osvaldo Arce, P.Geo., Manager of Minera Tupiza. Dr. Quinton
Hennigh, P.Geo., Senior Technical Advisor to Eloro and Independent
Technical Advisor, Mr. Charley Murahwi P. Geo., FAusIMM of Micon
International Limited are regularly consulted on technical aspects
of the project.
The magnetic survey was carried out by MES
Geophysics using a GEM Systems GSM-19W Overhauser magnetometer. Dr.
Chris Hale, P.Geo. and Mr. John Gilliatt, P.Geo. of Intelligent
Exploration provided the survey design, preparation of the maps and
interpretation from data processed and quality reviewed by Rob
McKeown, P. Geo. of MES Geophysics. Messrs. Hale, Gilliatt and
McKeown are Qualified Persons as defined under NI 43-101. Mr. Joe
Mihelcic, P.Eng., P.Geo., a QP under NI 43-101, of Clearview
Geophysics completed the 3D magnetic inversion model in
consultation with Dr. Chris Hale, P.Geo. and Mr. John Gilliatt,
P.Geo. of Intelligent Exploration.
Eloro is utilizing both ALS and AHK for drill
core analysis, both of whom are major international accredited
laboratories. Drill samples sent to ALS are prepared in both
ALS Bolivia Ltda’s preparation facility in Oruro, Bolivia and
the preparation facility operated by AHK in Tupiza with pulps sent
to the main ALS Global laboratory in Lima for analysis. More
recently Eloro has had ALS send pulps to their laboratory at Galway
in Ireland. Eloro employs an industry standard QA/QC program with
standards, blanks and duplicates inserted into each batch of
samples analyzed with selected check samples sent to a separate
accredited laboratory.
Drill core samples sent to AHK Laboratories are
prepared in a preparation facility installed and managed by AHK in
Tupiza with pulps sent to the AHK laboratory in Lima, Peru. Au and
Sn analysis on these samples is done by ALS Bolivia Ltda in Lima.
Check samples between ALS and AHK are regularly done as a QA/QC
check. AHK is following the same analytical protocols used as with
ALS and with the same QA/QC protocols. Turnaround time continues to
improve and it is hoped that most of the sample backlog will be
cleared in the next 4-6 weeks.
About Iska Iska
Iska Iska silver-tin polymetallic project is a
road accessible, royalty-free property, wholly controlled by the
Title Holder, Empresa Minera Villegas S.R.L. and is located 48 km
north of Tupiza city, in the Sud Chichas Province of the Department
of Potosi in southern Bolivia. Eloro has an option to earn a 99%
interest in Iska Iska.
Iska Iska is a major silver-tin polymetallic
porphyry-epithermal complex associated with a Miocene possibly
collapsed/resurgent caldera, emplaced on Ordovician age rocks with
major breccia pipes, dacitic domes and hydrothermal breccias. The
caldera is 1.6km by 1.8km in dimension with a vertical extent of at
least 1km. Mineralization age is similar to Cerro Rico de Potosí
and other major deposits such as San Vicente, Chorolque, Tasna and
Tatasi located in the same geological trend.
Eloro began underground diamond drilling from
the Huayra Kasa underground workings at Iska Iska on September 13,
2020. On November 18, 2020, Eloro announced the discovery of a
significant breccia pipe with extensive silver polymetallic
mineralization just east of the Huayra Kasa underground workings
and a high-grade gold-bismuth zone in the underground workings. On
November 24, 2020, Eloro announced the discovery of the SBBP
approximately 150m southwest of the Huayra Kasa underground
workings.
Subsequently, on January 26, 2021, Eloro
announced significant results from the first drilling at the SBBP
including the discovery hole DHK-15 which returned 129.60 g Ag eq/t
over 257.5m (29.53g Ag/t, 0.078g Au/t, 1.45%Zn, 0.59%Pb, 0.080%Cu,
0.056%Sn, 0.0022%In and 0.0064% Bi from 0.0m to 257.5m). Subsequent
drilling has confirmed significant values of Ag-Sn polymetallic
mineralization in the SBBP and the adjacent CBP. A substantive
mineralized envelope which is open along strike and down-dip
extends around both major breccia pipes. Continuous channel
sampling of the Santa Barbara Adit located to the east of SBBP
returned 442 g Ag eq/t (164.96 g Ag/t, 0.46%Sn, 3.46% Pb and 0.14%
Cu) over 166m including 1,092 g Ag eq/t (446 g Ag/t, 9.03% Pb and
1.16% Sn) over 56.19m. The west end of the adit intersects the end
of the SBBP.
Since the initial discovery hole, Eloro has
released a number of significant drill results in the SBBP and the
surrounding mineralized envelope which along with geophysical data
has defined a target zone 1400m along strike, 500m wide and that
extends to a depth of 600m. This zone is open along strike to the
northwest and southeast as well as to the southwest. The Company’s
nearer term objective is to outline a maiden NI 43-101 compliant
mineral resource within this large target area. This work is
advancing well with the mineral resource targeted to be completed
in Q2 2022. Exploration drilling is also planned on other major
targets in the Iska Iska Caldera Complex including the Porco and
Mina 2 areas.
About Eloro Resources Ltd.
Eloro is an exploration and mine development
company with a portfolio of gold and base-metal properties in
Bolivia, Peru and Quebec. Eloro has an option to acquire a 99%
interest in the highly prospective Iska Iska Property, which can be
classified as a polymetallic epithermal-porphyry complex, a
significant mineral deposit type in the Potosi Department, in
southern Bolivia. Eloro commissioned a NI 43-101 Technical Report
on Iska Iska, which was completed by Micon International Limited
and is available on Eloro’s website and under its filings on SEDAR.
Iska Iska is a road-accessible, royalty-free property. Eloro also
owns an 82% interest in the La Victoria Gold/Silver Project,
located in the North-Central Mineral Belt of Peru some 50 km south
of Barrick’s Lagunas Norte Gold Mine and Pan American Silver’s La
Arena Gold Mine. La Victoria consists of eight mining concessions
and eight mining claims encompassing approximately 89 square
kilometres. La Victoria has good infrastructure with access to
road, water and electricity and is located at an altitude that
ranges from 3,150 m to 4,400 m above sea level.
For further information please contact
either Thomas G. Larsen, Chairman and CEO or Jorge Estepa,
Vice-President at (416) 868-9168.
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.
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