Slide 1: Rapidly Growing Exploration Company
RAPIDLY GROWING EXPLORATION COMPANY
Slide 2: Vision and Short Term Strategy
RAPIDLY GROWING EXPLORATION COMPANY Vision: Discover orebodies to develop with major mining companies. Short Term Strategy: Aggressively explore Eastmain James Bay Properties (Delta-Eastmain 1). Partner northern La Grande belt of properties. Develop Hurdman Zinc Silver Resource and proceed with Regi
Slide 3: Recent accomplishments
RAPIDLY GROWING EXPLORATION COMPANY Recent accomplishments: Assembled a very advanced and competent geotechnical team with 150 years of combined experience. Recently financed $4.5M to execute Eloro’s planned drilling programs at Eastmain, Delta, and Hurdman projects Executing the JV with NFX on the
Slide 4: Officers - Directors - Technical Advisors
OFFICERS - DIRECTORS - TECHNICAL ADVISORS THOMAS THOMAS LARSEN LARSEN President President and and CEO, CEO, Director Director JEAN JEAN LAFLEUR LAFLEUR MILES P.Geo., P.Geo., Director MILES NAGAMATSU NAGAMATSU ** Director Chief Chief Financial Financial Officer, Officer, Director Director FRANCIS FRA
Slide 5: Capitalization and Stock Performance
CAPITALIZATION AND STOCK PERFORMANCE STOCK MARKET PERFORMANCE (Feb.07 - Jan.08) 52 week high/low $1.05 - $0.325 Shares Outstanding: 52.3M Market Capitalization: $22 M Working Capital: $4.5M Short & Long Term Debt: $0 ELORO RESOURCES LTD. TSX VENTURE EXCHANGE SYMBOL: ELO DEUTSCHE BÖRSE GROUP SYMBOL:
Slide 6: Projects: General Location Map
PROJECTS: GENERAL LOCATION MAP James Bay (548km2): 11 Cu-Ag-Au Properties. Uranium Properties: Total of 152 claims (82.5km2) James Bay & Otish Mountains Timmins Area: 194km2 • 9 Properties 90 claims Porcupine District Ontario - Quebec Canada ELORO RESOURCES LTD. TSX VENTURE EXCHANGE SYMBOL: ELO DEUT
Slide 7: Exploration Plan for 2008
Exploration Plan for 2008 ¾ Aggressively explore Eastmain James Bay Properties (Delta-Eastmain 1) ~$1.5M drilling Phase 2 at Delta Drill InfinitEM targets on Eastmain 1 Eastmain 2 & 3 target generative fieldwork ¾ La Grande East: NFX Option Agreement: ($3M for 50% over 4 years) Lemoyne North, Horses
Slide 8: Exploration Plan for 2008
Exploration Plan for 2008 ¾ Ontario: Hurdman Zinc-Silver Project • Alex Horvath: Generated a new Gemcom 3D geological model of the Hurdman deposit. Hurdman: Drilling 2008 ~2500m-5000m. Regional Exploration: Megatem survey on the Hurdman, Gurney and Agate townships followed by target generation. • Jo
Slide 9: James Bay La Grande & Eastmain Archean Greenstone Belts
James Bay La Grande & Eastmain Archean Greenstone Belts ELORO RESOURCES LTD. TSX VENTURE EXCHANGE SYMBOL: ELO DEUTSCHE BÖRSE GROUP SYMBOL: P2Q / WKN909833
Slide 10: James Bay La Grande & Eastmain Archean Greenstone Belts
James Bay La Grande & Eastmain Archean Greenstone Belts Located near Goldcorp’s Eleonore discovery ¾Amelie Lake 2007: 630m drilling completed ¾Assays pending ¾2 drill programs underway: ¾ Lemoyne North 5 drill holes 2000m: Favourably altered felsic volcanics 2.6km X 250m Induced Potential EM anomaly
Slide 11: Delta 2007-08
Delta 2007-08
Slide 12: Lemoyne North
Lemoyne North GEOLOGICAL LEGEND I1B - Granite I1C - Granodiorite I1D - Tonalite 481500 mE 483000 mE 484500 mE 486000 mE 487500 mE 489000 mE 490500 mE 492000 mE 493500 mE 495000 mE I2G - Pegmatite I2I - Quartzeferous Diorite I2J - Diorite 5931000 mN I3A - Gabbro 5931000 mN 1998-1199 Till Sample ENLAR
Slide 13: Lemoyne North 2007-08
Lemoyne North 2007-08 491800 mE 492000 mE 492200 mE 492400 mE 492600 mE 492800 mE 493000 mE 493200 mE 493400 mE 493600 mE 493800 mE / LN-07-02 S9B/S9E / LN-07-01 / LN-07-05 ∋∋∋ LN-06-10/ LN-06-10 / LN-07-04 / LN-07-03 M8 ∋∋∋ ∋∋∋ / LN-06-11 LN-06-11 ∋∋∋ ∋∋∋ M8 5927400 mN V3B ∋∋∋ ∋∋∋ LN-06-14/ LN-06-1
Slide 14: Today's Context: 2008 in James Bay vs 1926 in the Abitibi
Today’s Context ¾ 2008 in James Bay vs 1926 in the Abitibi ¾ State of the art technology being applied to under-explored James Bay and Otish Mountain exploration camps ¾ Several airborne and ground geophysical surveys being performed. Deeper penetration (Ground 300m; Airborne 50+m) Higher Resolution
Slide 15: Properties Regional Location Map
PROPERTIES REGIONAL LOCATION MAP
Slide 16: Properties Regional Location Map
PROPERTIES REGIONAL LOCATION MAP ELORO RESOURCES LTD. TSX VENTURE EXCHANGE SYMBOL: ELO DEUTSCHE BÖRSE GROUP SYMBOL: P2Q / WKN909833
Slide 17: Timmins Area Projects
TIMMINS AREA PROJECTS Hurdman Property: 100km north of Timmins; 28 claims / 6 624 ha Zinc-Silver Sulphide Zone 35m thick X 300m strike length 5 -10% disseminated py-sp-po; locally massive sulphides Located at a juncture of two major structural zones Resource open in all directions Geo Model: Broken
Slide 18: Hurdman: Quetico Subprovince – Metasedimentary Rift Valley
Hurdman: Quetico Subprovince – Metasedimentary Rift Valley N
Slide 19: Hurdman Geological Model: Broken Hill – Sedimentary Exhalitive
Hurdman Geological Model: Broken Hill – Sedimentary Exhalitive
Slide 20: Hurdman Sectional View
HURDMAN SECTIONAL VIEW Ground HEM Anomaly G-H 23 S 22 S 21 S 20 S 19 S 18 S 17 S 16 S 15 S Overburden Zn, Ag Quartz-Biotite-Chlorite Gneiss Zn Quartz-Biotite-Chlorite Gneiss Zn, Ag, Pb H-13-80-16 H-13-80-15 ELO-98-1C H-80-14 H-13-80-9 ELO-98-1B Biotite-Garnet Gneiss N Hole N° From (m) To (m) %Zn Oz/
Slide 21: Hurdman 2006-07 Drilling - Highlights
HURDMAN 2006-07 DRILLING - HIGHLIGHTS FR O M TO INTERVAL Zn Ag Au DDH NO. (m ) (m) (m ) % (g/t) (g/t) ELO-06-01 85.8 97.4 11.6 3.70 7.71 ELO-06-04 60.1 71.4 11.3 2.09 39.56 ELO-06-05 58.4 59.9 1.5 4.45 12.67 ELO-06-06 38.8 59.5 20.7 2.08 9.51 ELO-06-07 62.5 70.4 7.9 2.48 10.43 ELO-06-08 52.3 80.5 28
Slide 22: Airborne Electromagnetic Survey
Airborne Electromagnetic Survey N
Slide 23: Hurdman 2006 Airborne Survey
HURDMAN 2006 AIRBORNE SURVEY N ELORO RESOURCES LTD. TSX VENTURE EXCHANGE SYMBOL: ELO DEUTSCHE BÖRSE GROUP SYMBOL: P2Q / WKN909833
Slide 24: Plan View - Magnetic Survey & DDH's
Plan View - Magnetic Survey & DDH’s N
Slide 25: Hurdman Horizon, Faults, Target Areas
Hurdman Horizon (Red), Faults (Blue), Target Areas (Orange) N
Slide 26: 3D View Facing NE
- SoRiRe CESOUCCES LTaQ.
Slide 27: Hurdman Summary and Exploration Plan for 2008
Hurdman Summary and Exploration Plan for 2008 Summary: Re-interpretation of magnetic survey, alteration & mineralogy supports the Broken Hill Type geological model. This analysis has upgraded the potential for Zinc-Lead-Silver mineralization on the Hurdman and surrounding Eloro properties. Planned r
Slide 28: Conclusion
CONCLUSION Conclusion: Eloro is well positioned with a large diversified portfolio being managed by a strong geo-technical team. Eloro is well financed for its 2008 exploration drilling programs. Eloro’s aim in 2008 is to find a major discovery that would warrant a share market capitalization initia
Slide 29: ELO on TSX V
ELO on TSX V VISIT US ON THE WEB EloroResources.com