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Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) , an exploration and mine-development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec, has completed a metallurgical drill program at its Iska Iska silver-tin polymetallic project in the Potosi Depart...
Three PQ sized metallurgical holes have been completed, two in the higher-grade Polymetallic (Ag-Zn-Pb) Domain Type and one in the higher-grade Tin (Sn-Ag-Pb) Domain Type with core shipped to Wardell Armstrong International (WAI) in Cornwall The Polymetallic Domain Type metallurgical test...
Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) , an exploration and mine-development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec, is reporting on the voting held during its annual shareholder meeting. The meeting was held virtually on Oct. 30,...
The junior mining segment has had a rough couple of years , experiencing two years straight of lackluster returns and a losing streak that rivals the segment’s historic gold bear market in from 2011 to 2015. This year has been just as difficult for junior miners as most players in the s...
Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) , an exploration and mine-development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec, has filed a National Instrument 43-101 (“NI 43-101”) Technical Report. According to the announcemen...
Due to the multi-metal nature of the deposit, the resources are reported using Net Smelter Return (NSR) cut-off values which are as follows: Polymetallic Domain (Zn-Pb-Ag) = US$9.20/t for open pit (OP) mining and US$34.00/t for underground (UG) mining; Tin Domain (Sn-Ag-Pb) = US$6.00/t for OP min...
Expectations that the U.S. Federal Reserve will keep benchmark interest rates in the country higher are putting increased pressure on gold prices. Although gold prices stopped their decline last week, pressure from a hawkish Fed has kept prices at a seven-month low as investor interest in the...
American retailer and warehousing giant Costco is currently experiencing a major gold run after it began offering gold bars for sale at discounted prices. Costco recently added gold bars from PAMP Suisse and Rand Refinery to its list of discounted products, limiting purchases to only two ...
Eloro Resources recently published its initial NI-43101 compliance mineral resource estimate (“MRE”) The company’s long-awaited MRE revealed the existence of total inferred mineral resources amounting to 670 million tonnes – equivalent to nearly $6.8 billion in value...
Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) , an exploration and mine-development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec, has started a preliminary economic assessment (“PEA”) for the Iska Iska silver-tin polymetallic pro...
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The price of gold this year has increased significantly , even going as far as to record new highs in May. The precious metal has continued defying conventional market correlations with equity markets and the U.S. dollar, as investors in America increase their physical buys. During this period...
Newmont, the biggest producer of gold globally, recently announced that it had once more commenced operations at the Cerro Negro mine in Argentina. This is after operations at the mine were suspended following the death of two workers on site. In a statement, the Denver-based company ...
A Goldman Sachs report has found that unconventional market factors are increasingly affecting gold prices and causing them to respond differently from traditional trends. The recent report pointed out that nontraditional factors caused gold prices to rise by more than 11% in India, indicating ...