Eloro Resources Ltd. Stock Analysis ELO.TO

Eloro Resources Ltd. is an exploration and mine development company, which engages in the development and exploration of gold and base-metal properties. The company is headquartered in Toronto, Ontario. The firm is focused on developing its potential giant Iska Iska silver-tin polymetallic property in the Potosi Department of southern Bolivia. The Iska Iska Porvenir Concession is a road accessible, royalty-free property that covers an area of 900 hectares located 48-kilometer (km) north of Tupiza city, in the Sud Chichas Province of the Department of Potosi. The company also owns an 82% interest in the La Victoria Gold/Silver Project, located in the North-Central Mineral Belt of Peru, some 50 km south of the Lagunas Norte Gold Mine and the La Arena Gold Mine. La Victoria consists of eight mining concessions and eight mining claims encompassing over 89 square kilometers. La Victoria has infrastructure with access to roads, water and electricity and is located at an altitude that ranges from 3,150 m to 4,400 m above sea level.