Eloro Resources Ltd. announce the first assay results from five (5) of the drill holes in its eleven (11) hole 5,267.7m definition drill program on the Iska Iska silver-tin polymetallic project in the Potosi Department of southwestern Bolivia. The definition diamond drill program focussed on upgrading and expanding the higher-grade Polymetallic (Ag-Zn-Pb) Domain Type inferred mineral resource. The definition drill program has been designed to fill-in major gaps in the block model as well as upgrade and expand the higher-grade zone both along and across strike in the general area of the potential starter pit.

As noted by Micon International Limited, authors of the National Instrument 43-101 (?NI 43-101?) Technical Report detailing the initial Iska Iska mineral resource estimate (?MRE?), the highest-grade areas are also the best drilled. As drill density in the deposit is improved, it is expected that grade will increase due to better sample density. Initial results reported herein confirm that this is likely the case.

Significant results in Hole DSB-61 are as follows: 279.22g Ag/t, 0.47% Pb and 0.43% Sn (339.82g Ag eq/t) over 62.84m from 87.44m to 150.28m; 37.15g Ag/t, 0.16% Zn, 0.78% Pb and 0.52% Sn (152.20g Ag eq/t) over 37.57m from 171.27m to 208.84m; 33.83g Ag/t, 1.53% Zn, 0.93% Pb and 0.14% Sn (130.88g Ag eq/t) over 178.99m from 229.78m to 408.77m including: 17.03 g Ag/t, 4.13% Zn, 1.30% Pb and 0.15% Sn (217.71g Ag eq/t) over 19.48m from 286.67m to 306.15m,120.37 g Ag/t, 2.13% Zn, 1.57% Pb and 0.19% Sn (252.19g Ag eq/t) over 18.25m from 364.92m to 383.17m, and 175.23 g Ag/t, 2.44% Zn, 0.56% Pb and 0.12% Sn (275.45g Ag eq/t) over 9.11m from 398.20m to 407.31m. 36.69 g Ag/t, 1.00% Zn, 2.73% Pb and 0.34% Sn(193.19g Ag eq/t) over 13.46m from 424.04 to 437.50m. 43.54 g Ag/t, 0.63% Zn, 1.79% Pb and 0.18% Sn (135.24g Ag eq/t) over 9.07m from 457.08m to 466.15m.