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Eloro Resources Intersects 7.31 g Au/t over 3.4m in Upper Part of Major Epithermal System in First Reconnaissance Drilling at La Victoria Au Project, Peru
Eloro Resources Ltd. (TSXV:ELO) (FSE:P2Q) (“Eloro” or the “Corporation”) has announced that it has completed 2,261m of reconnaissance diamond drilling in 8 holes at the Rufina Target on the La Victoria Au Property in the North-Central Mineral Belt of Peru.
Eloro Resources Ltd. (TSXV:ELO) (FSE:P2Q) (“Eloro” or the “Corporation”) has announced that it has completed 2,261m of reconnaissance diamond drilling in 8 holes at the Rufina Target on the La Victoria Au Property in the North-Central Mineral Belt of Peru.
As quoted in the press release:
Drill holes ERU-01, -02, -03, -04 and -09 intersected a major gold-bearing low sulphidation epithermal system extending approximately 350m along strike as shown in Figure 2, a geological cross section. This system is characterized by quartz and sulphide veins/veinlets, mineralized hydrothermal breccia and silicification in dioritic rocks that is overprinted by a later more base metal-rich epithermal phase. It is concluded that the initial reconnaissance drilling tested the upper part of an extensive gold-bearing epithermal system. Further drilling at Rufina will be deeper to test for potential high-grade bonanza zones that the model predicts may be from 50 to 300m below.
Tom Larsen, CEO of Eloro commented: “We are now proceeding with deeper drilling on the Rufina zone. The reconnaissance drilling completed thus far is primarily in the hill side hence the deeper part of the system is potentially just below the level of the main access road where there are a number of artisanal workings. We have also retained the services of Rhind, a Peruvian-based consulting firm, to facilitate the permitting for the next phase of drilling on our other major targets including Victoria-Victoria South, Ccori Orcco, San Markito South and San Markito.”
Click here to read the full press release.
About Tartisan Resources: Tartisan Resources Corp (CSE:TTC) is a Canadian mineral exploration and development company focused on gold, silver, and zinc projects in Peru and—more recently—a nickel-copper-cobalt project in Ontario, Canada. Part of the Tartisan Resource portfolio of holdings consists of an over 20 percent equity stake in Eloro Resources Ltd (TSXV:ELO), including ownership of a 2 percent NSR for the company’s La Victoria property.
Click here to connect with Tartisan Resources Corp (CSE:TTC) for an Investor Presentation.
Source: globenewswire.com
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