ISKA ISKA POLYMETALLIC PROJECT

Gold, Silver, Zinc and Lead

• Eloro has an option to acquire a 99% interest in Iska Iska, a highly prospective silver-tin porphyry-epithermal complex, where a fully-financed 50,000 m drill program is currently underway.
• Iska Iska is in the SW part of the Eastern Cordillera which hosts a number of major polymetallic mines and mineral deposits.
• Mineralization age is similar to Cerro Rico de Potosí and other major deposits such as San Vicente, Chorolque, Tasna and Tatasi located in the same geological trend
• Eloro has completed 28 diamond drill holes totalling 10,677 metres to test the Huayra Kasa Mine area, Santa Barbara Breccia Pipe (“SBBP”) and Central Breccia Pipe (“CBP”) targets.

Location

• The Iska Iska Porvenir Concession is a road accessible, royalty-free property, (wholly-owned by the Title Holder).
• Located 48 km north of Tupiza city, in the Sud Chichas Province of the Department of Potosi

Results

• 442 g Ag eq/t (165 g Ag/t, 3.46% Pb and 0.46% Sn)over 166m including 1,092 g Ageq/t (including 446 g Ag/t, 9.03% Pb and 1.16% Sn)over 56.19min continuous channel sampling of the Santa Barbara adit. This high-grade interval includes two exceptional sections with 2,445.88 g Ag eq/t (1,024 g Ag/t, 25.0% Pb and 1.16% Sn)over 8.11m and 1.941 g Ag eq/t (870 g Ag/t, 7.58% Pband 2.43% Sn)over 12.3m.
• 155.15 g Ag eq/tincluding notably high Sn, 0.43 %Sn over 73.29min drill hole DSB-06, 115.76 g Ag eq/tover 84.0mand 66.44 g Ag eq/t over 217.9min Hole DSB-03,

96.71 g Ag eq/tover 29.4mand 120.03 g Ag eq/tover 13.57min Hole DSB-05,

65.72 g Ag eq/tover 83.3mincluding 120.91 g Ag eq/tover 25.0min Hole DSB-02