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.
Eloro Resources (OTCQX:ELRRF) announced an upsized bought‑deal private placement to raise gross proceeds of C$15,000,180 by issuing 5,769,300 common shares at C$2.60 per share, with an over‑allotment option for up to 769,300 additional shares (C$2,000,180).
Proceeds are intended for continued exploration and development of the Iska Iska project in Bolivia, plus general corporate purposes; closing targeted for March 6, 2026 and subject to regulatory approvals.
Eloro Resources (OTCQX:ELRRF) entered a bought deal private placement to sell 3,846,200 common shares at C$2.60 per share for gross proceeds of C$10,000,120, with an over-allotment option to sell up to 769,300 additional shares for up to C$2,000,180.
Proceeds are designated for continued exploration and development of the Iska Iska project in southern Bolivia and for general corporate purposes. Closing is scheduled for March 6, 2026, subject to regulatory approvals, including the Toronto Stock Exchange.
Eloro Resources (OTCQX: ELRRF) has contracted Major Drilling for an initial 40,000 metre drill program at the Iska Iska silver‑tin polymetallic project in Potosi, Bolivia, announced February 20, 2026.
Two drill rigs are being mobilized now and a third rig is expected in the coming weeks to complete infill and zone‑expansion drilling.
Eloro Resources (OTCQX: ELRRF) announced that Dr. William Pearson, Executive Vice President, Exploration, will retire effective March 31, 2026 and transition to Senior Technical Advisor. Dr. Pearson has over 50 years of exploration experience and helped co-discover the Iska Iska Ag-Sn-polymetallic project. Dr. Osvaldo Arce, Executive Vice President, Latin America, will assume Dr. Pearson's responsibilities, continuing leadership continuity for Eloro's exploration programs.
Eloro Resources (OTCQX: ELRRF) has been selected to join the U.S. Defense Industrial Base Consortium (DIBC), a U.S. Department of Defense-supported initiative.
The company is the first exploration and development member in Bolivia, noted for its Iska Iska silver/tin polymetallic system, and says membership supports strategic supply-chain collaboration for critical materials.
Eloro Resources (OTCQX: ELRRF) completed all option payments to Empresa Minera Villegas, enabling its Bolivian unit Minera Tupiza to acquire a 99% joint venture interest and 100% economic participation with full operational control of the Iska Iska silver-tin polymetallic project in Potosí, Bolivia.
Eloro made a final payment of US$1,150,000 and placed US$1,800,000 into a trust to be paid to Minera Villegas within 12 months after Minera Villegas secures mining rights for Mina Casiterita and Mina Hoyada; an Addendum will be filed with Bolivian authorities for approval.
Eloro Resources (OTCQX:ELRRF, TSX:ELO) announced that the final option payment to acquire a 100% interest in the Iska Iska silver‑tin polymetallic project has been mutually deferred by one month to February 6, 2026 to allow completion of closing documentation with Empresa Minera Villegas.
The company noted it completed a $14 million financing in September and recent warrant exercises, and said it is well funded to make the final payment and advance the next stage of exploration and development at Iska Iska.
Eloro Resources (TSX: ELO; OTCQX: ELRRF; FSE: P2QM) will present at the Centurion One Capital 3rd Annual Bahamas Summit, an invitation-only investor event held at the Rosewood Baha Mar Hotel in Nassau on October 28–29, 2025. CEO Thomas Larsen will deliver a presentation, attend 1x1 investor meetings and participate in a panel discussion. The summit runs daily from 9:00 AM to 5:00 PM EDT and features company presentations, panels and networking. Registration and event details are available at the summit website.
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