ELRRF
Eloro Resources Ltd.

16
Mkt Cap
$172.01M
Volume
88,771.00
52W High
$1.66
52W Low
$0.54
PE Ratio
-28.48
ELRRF Fundamentals
Price
$1.56
Prev Close
$1.60
Open
$1.62
50D MA
$1.09
Beta
0.79
Avg. Volume
62,823.21
EPS (Annual)
-$0.033
P/B
3.15
Rev/Employee
$0.00
Loading...
Loading...
News
all
press releases
News Placeholder
Junior Miner Delivers Best-Ever Silver Interval, Shares Surge By Double Digits
With silver prices holding near all-time highs, it&#8217;s no surprise that silver miners continue to attract strong investor interest. One junior miner just released its final drill results, showcasing the project&#8217;s highest-grade silver interval to date. The update pushed the stock sharply higher in today&#8217;s session, lifting it to its highest level since late 2023.</p></p>Eloro Resources Ltd. <a href="https://www.allpennystocks.com/stockquote/ELO:CA" target="_blank"><strong>(TSX: ELO)</strong></a> <a href="https://www.allpennystocks.com/stockquote/ELRRF" target="_blank"><strong>(OTCQX: ELRRF)</strong></a> released this morning the final results from their second phase of definition drilling at the Iska Iska project in southern Bolivia, completing 16 drill holes totaling just over 8,286 metres. The program successfully confirmed continuity and extended zones of higher-grade silver-tin-polymetallic mineralization across the proposed starter-pit area. The standout result came from hole DSB-93, drilled northeast of the earlier discovery hole DSB-61, which delivered the project&#8217;s strongest silver interval to date: 72 metres averaging 294.81 g/t silver within a much broader 180-metre section grading 164.74 g/t silver along with notable lead, zinc, and tin values. Additional intervals in DSB-93 also returned meaningful gold, copper, lead, and zinc grades.</p></p>Hole DSB-90, positioned east of a previous discovery hole, continued to outline robust tin-rich zones, including 51 metres grading 0.24% tin and several other significant tin intervals. It also encountered a higher-grade silver section of 13.5 metres averaging 106.32 g/t silver, including a stronger 7.5-metre segment. Together, the final holes from this campaign expand the higher-grade mineralized footprint across both the Tin Domain and the Silver-Polymetallic Domain in the Santa Barbara area. With these results, Eloro has wrapped up its current definition drilling phase, further strengthening the project&#8217;s growing resource potential.</p></p>Tom Larsen, Eloro&#8217;s CEO, commented: &#8220;The second phase definition drilling program not only intersected the longest and highest-grade silver, tin and zinc intervals at the Santa Barbara zone to date, but also, all sixteen holes in the program, comprising 12 step-out and 4 infill holes, intercepted significant silver-tin-polymetallic mineralization in areas previously considered as waste in the initial Mineral Resource Estimate (&#8220;MRE&#8221;) due to lack of drilling information. The latest drilling demonstrates that there is a much larger endowment of higher-grade silver-tin-polymetallic both laterally and at depth, which will likely upgrade and expand the MRE for the planned PEA.&#8221; Mr. Larsen continued: &#8220;With the overall results obtained so far, Iska Iska continues to confirm its future participation as a premier silver-tin-polymetallic resource supporting the global shift toward the world&#180;s critical minerals supply chain.&#8221;</p></p>Shares of ELO are currently trading up 14.74% at $1.985, while U.S. listed shares (ELRRF) pop 14.12% at $1.4265 in mid-morning trading.</p> <p>Copyright © 2025 AllPennyStocks.com. All rights reserved. Republication or redistribution of AllPennyStocks.com's content is expressly prohibited without the prior written consent of AllPennyStocks.com. AllPennyStocks.com shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.</p><p>View <a href='https://www.allpennystocks.com/specialreportsCA/2391/junior-miner-delivers-best-ever-silver-interval-shares-surge-by-double-digits'>more of this article</a> on AllPennyStocks.com.</p><p><strong>About AllPennyStocks.com Media, Inc.:</strong></p> <p>Founded in 1999, AllPennyStocks.com Media, Inc. is North America's largest and longest running website dedicated exclusively to micro-cap and small-cap insights.</p> <p>Catering to both Canadian and U.S. markets, AllPennyStocks.com provides a wealth of resources and expert content designed for everyone, from beginner investors to seasoned traders.</p> <p>AllPennyStocks.com's content is prominently featured across numerous top-tier financial platforms, reaching a broad audience of investors and industry professionals.</p> <p>Contact:</p> <p>AllPennyStocks.com Media, Inc.</p> <p>Email: <a href="mailto:ads@allpennystocks.com">ads@allpennystocks.com</a></p> <p>Phone: (800) 558-4560 Ext: 101</p>
AllPennyStocks·3d ago

Latest ELRRF News

View

Advertisement|Remove ads.

Advertisement|Remove ads.