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ELORO RESOURCES (ELRRF) Stock News

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Eloro Resources Ltd. reports exploration and mine-development developments for a precious- and base-metals portfolio in Bolivia, Peru and Quebec. Its primary news themes center on the Iska Iska Property in Bolivia's Potosi Department, a silver-tin-zinc-lead polymetallic epithermal-porphyry complex held through its Bolivian subsidiary, Minera Tupiza SRL.

Company updates commonly cover diamond drilling, mineral resource estimates, infill and step-out exploration, project studies, contractor arrangements and technical reporting for Iska Iska. Eloro also reports capital actions such as private placements to fund exploration and development, along with portfolio references to the La Victoria Gold/Silver Project in Peru.

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Eloro Resources (ELRRF) reported silver, tin and gold-bearing drill results that expand mineralized footprints at its Iska Iska project in Bolivia. Hole DSB-96 returned 87.10 metres grading 73.26 g/t silver and 0.18% tin from 40.40 metres, within 126.10 metres grading 54.92 g/t silver. It also intersected 17.90 metres grading 190.50 g/t silver and 0.45% tin within a 48.00-metre interval starting at surface.

DSB-94 intersected 42.00 metres grading 38.98 g/t silver within 79.50 metres grading 30.83 g/t silver, plus 43.50 metres grading 0.16% tin. DSB-95 returned 6.00 metres grading 1.15 g/t gold, 42.50 g/t silver, 8.07% zinc and 1.23% lead. Eloro targets completion of the initial approximately 10,000-metre expansion phase by year-end, seeking to expand Indicated Mineral Resources to support a Preliminary Economic Assessment, an early study of project economics.

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Eloro Resources (ELRRF) announced that shareholders elected all seven director nominees at its virtual annual and general meeting on September 30, 2026. A total of 49,002,180 common shares, representing 40.95% of issued and outstanding common shares, were represented.

Support for the nominees ranged from 98.383% to 99.709%. Shareholders also approved setting the board size at seven, authorized directors to determine the number of directors by resolution, and reappointed RSM Canada LLP as auditor. The report of voting results was filed on SEDAR+ on September 30, 2026.

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Eloro Resources (ELRRF) will establish a wholly owned subsidiary in Hong Kong to expand its investor relations, strategic advisory and concentrate marketing platform across the Asia-Pacific region.

The new entity, Eloro Resources (Asia) Ltd., is intended to support project development, concentrate sales and marketing, roadshows, media engagement and market intelligence focused on investors and partners interested in precious and critical minerals. The subsidiary will be overseen by Jean‑Sébastien Jacquetin, Eloro’s Managing Director, Asia-Pacific and Managing Partner of Cavendish Investment Capital, which brings established family office relationships in the region.

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Eloro Resources (OTCQX: ELRRF, TSX: ELO) is featured in a BTV – Business Television CEO Clips video highlighting its silver and tin polymetallic discovery in southern Bolivia. According to Eloro Resources, ongoing drilling is aimed at expanding the mineral resource and advancing future engineering studies.

The company plans up to 50,000 metres of additional drilling as it progresses one of Bolivia's recent mineral discoveries toward the next stage of project development. The CEO Clips video is distributed on major investor-focused TV networks and over 15 financial websites, with access via BTV and Eloro’s investor centre.

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Eloro Resources (OTCQX: ELRRF) has started a 40,000m expansion diamond drilling program at its Iska Iska Silver-Tin-polymetallic project in southern Bolivia, supporting a planned Preliminary Economic Assessment after an Updated Mineral Resource Estimate with 85.17Mt Indicated and 945.43Mt Inferred resources.

The program, executed by Major Drilling using three rigs, will include about 75 holes in two phases and is expected to finish in Q1 2027. Objectives include expanding and upgrading higher-grade Indicated resources and testing down-dip and along-strike extensions of higher-grade Ag-Sn polymetallic shoots.

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Eloro Resources (OTCQX: ELRRF) has begun a 40,000m expansion diamond drilling program at Iska Iska, Bolivia, following an Updated MRE (April 2026). The program's Phase I is 40 holes (18,250m) targeting expansion and upgrade of 85.17 Mt Indicated at 78.38 g/t Ag eq.

Major Drilling is mobilizing two rigs, with a third expected within three months; work supports a planned PEA and targeted conversion of nearby Inferred tonnes.

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Eloro Resources (OTCQX: ELRRF) released an updated Mineral Resource Estimate for the Iska Iska project effective April 2, 2026. The Updated MRE reports an Indicated 85.17 Mt at 40 g/t Ag (109.53 Moz Ag) and an Inferred 945.43 Mt at 8.5 g/t Ag (248.60 Moz Ag), a 41% tonnage increase versus 2023 and a 65% silver-grade uplift into the Indicated category. Metallurgical tin recovery improved to 58.9%, and the resource is constrained within an optimized open pit with a 1:1 strip ratio.

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Eloro Resources (OTCQX: ELRRF; TSX: ELO) is advancing a major silver–tin polymetallic discovery in the Iska Iska district, southern Bolivia, with ongoing infill drilling and planned studies to support further evaluation as the project progresses toward the next development stage.

The company has contracted Major Drilling Group International for specialized drilling services to support continued resource definition and project assessment.

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Eloro Resources (OTCQX: ELRRF) acquired 1,205,000 common shares of Cartier Silver for C$0.17–C$0.21 per share, paying C$218,290 in aggregate. The purchase raises Eloro's position to 9,993,500 shares (11.85% undiluted) and to 14.29% on a partially diluted basis assuming warrant exercise.

The securities were bought for investment purposes and an Early Warning Report has been filed under National Instrument 62-103; Eloro says it has no current plans to effect change described in Item 5(a)-(k).

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Eloro Resources (OTCQX: ELRRF) will present at Red Cloud's Pre-PDAC Mining Showcase on February 26-27, 2026 at The Omni King Edward Hotel. Chris Holden will present an update on strategy, recent developments and next-phase initiatives on February 26 at 11:00 AM ET.

Investors and industry professionals are invited to attend in person; registration details are available on the event website.

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FAQ

What is the current stock price of ELORO RESOURCES (ELRRF)?

ELORO RESOURCES (ELRRF) last closed at $0.9298.

What is the market cap of ELORO RESOURCES (ELRRF)?

The market cap of ELORO RESOURCES (ELRRF) is approximately $111.3M.