Eloro Resources Ltd. Unveils Record‑Setting Silver Assay Results at Iska Iska
Eloro Resources Ltd. (TSX: ELO) has broken its own record in the highly competitive silver‑polymetallic sector with the latest phase of its diamond drilling program at the Iska Iska project in southern Bolivia. The company’s press release, issued on 9 December 2025, announced that drill hole DSB‑93 intersected a 72‑metre section grading an astonishing 294.81 g/t silver, while a broader 180‑metre interval registered 164.74 g/t. The true width of the high‑grade core is estimated at roughly 80 % of the total core length, underscoring the density of the mineralisation.
Key Numbers
| Drill Hole | High‑Grade Section | Grade (g/t) | Width (m) | Broad Interval | Grade (g/t) | Width (m) |
|---|---|---|---|---|---|---|
| DSB‑93 | 72 m | 294.81 | – | 180 m | 164.74 | – |
- Total drilling completed in this phase: 8,286.40 m across 16 holes.
- The program confirms continuity of the silver‑tin polymetallic system and extends the high‑grade footprint.
Strategic Implications
Valuation Catalyst Eloro’s market cap of CAD 145.9 million sits against a price‑to‑earnings ratio of –28.31, reflecting the company’s exploration‑stage status. The discovery of such a robust interval directly addresses the “value‑driving” factor that analysts and investors demand from resource projects. If the high grade can be translated into a viable open‑pit operation, the company could move from exploration to production, unlocking significant upside.
Geological Confidence The Iska Iska project lies within the Santa Barbara starter pit area, a region known for its porphyry‑epithermal deposits. By extending the high‑grade footprint, Eloro strengthens the geological model and reduces the risk profile that typically plagues junior mining ventures.
Operational Leverage With a proven high‑grade section, the company can now negotiate more favorable financing terms, attract joint‑venture partners, and potentially secure pre‑production sales agreements. The drilling program’s completion in just over 8.2 km of core is an efficient use of capital, signaling disciplined project management.
Market Reaction
The announcement came at a time when Eloro’s share price hovered around CAD 1.95 (closing 9 December 2025), well below its 52‑week high of CAD 2.10 and above its 52‑week low of CAD 0.77. While the market has historically been volatile, this record assay injects fresh enthusiasm. Analysts will be watching closely for the company’s next steps: a detailed feasibility study, cost estimates, and a timeline to first production.
Conclusion
Eloro Resources’ latest drilling results represent a decisive leap forward. The 72‑metre, 294.81 g/t silver interval is not just a headline; it is a tangible asset that could redefine the company’s trajectory. For investors and industry watchers, the message is clear: Eloro has delivered a milestone that warrants renewed scrutiny of its valuation, strategy, and future plans.
