Slide 1: Iska Iska Silver-Tin Polymetallic Project
ISKAISKA Silver-Tin Polymetallic Project CORPORATE PRESENTATION TSXV ELO | FSE P2Q | OTCQX ELRRF August 2022
Slide 2: Forward Looking Statements
Forward Looking Statements Certain information contained herein regarding Eloro Resources Ltd., Except as required by law, Eloro Resources Ltd., expressly disclaims including management’s assessment of future plans and operations, any intention and undertakes no obligation to update any forward may
Slide 3: About Eloro
About Eloro Eloro is a publicly traded exploration Raised over CDN$40 million, and mine development company focused through 3 bought deal financings on developing its potential world-class with Haywood Securities Inc., Cantor Iska Iska silver-tin polymetallic property Fitzgerald Canada Corporation a
Slide 4: Capital Structure and Ownership
Capital Structure and Ownership TSX- V:ELO 24% Management Frankfurt: P2Q (WKNA1JKAT) and Board 56% OTCQX: ELRRF Implied Retail 10% Crescat Capital Shares Issued and Outstanding (Aug 4, 2022) 69.86M Warrants ($1.55 to $5.25 on exercise) 6.46M 3% Cartier Iron Corporation Options and Restricted Share U
Slide 5: Experienced Team
Experienced Team Management Team Board of Directors TechnicalAdvisors THOMAS LARSEN B.A. THOMAS LARSEN B.A. QUINTON HENNIGH Ph.D., Chairman and CEO Chairman and CEO P.Geo.Geology/Geochemistry Geologic and Technical Advisor to MILES NAGAMATSU C.P.A., C.A. FRANCIS SAUVE Crescat Capital, a Strategic Sh
Slide 6: About Bolivia
About Bolivia Modern mining laws and a supportive political environment • Mining minister Ramiro Villavicencio has a technical history having worked for Sumitomo • Recent administrative mining contracts granted • Straightforward mining laws and a simple tax structure with no capital controls • New g
Slide 7: Southwest Bolivia and Northern Chile Infrastructure Map
Southwest Bolivia and Northern Chile Infrastructure Map Easy access to Northern Chilean seaports Iska Iska project close to established domestic paved road and rail transportation routes Two projected rail spur lines and road access for connection to main rail transportation routes to the Northern C
Slide 8: Major Opportunity in Bolivia
Major Opportunity in Bolivia Rich history of mining and prospectivity is excellent. Limited exploration in the early 2000s has now provided the opportunity to find Tier 1 assets Economic Commission for Latin America and the Caribbean (ECLAC) forecasting +5%YoY growth for the country, the second high
Slide 9: Silver: A Key Decarbonization Metal
Silver: A Key Decarbonization Metal CUMULATIVE DEMAND RANGES FOR SILVER – Silver is the Element of Change SOLAR PV TECHNOLOGY THROUGH 2050 Highest electrical and thermal conductivity of all the metals 30% of silver supply is used in electrical applications • 10% of current silver supply is used in s
Slide 10: Tin: Technology Driven
Tin: Technology Driven Demand TIN CONSUMED IN SEMICONDUCTORS, YoY* GROWTH • 360,000 tonnes per annum, 300,000 tonnes mined • Electronics accounts for 50% of demand (CAGR +5%) • Significant demand increase for semiconductors and powering green solutions (photovoltaics, EV) – Roughly 8 tonnes of tin r
Slide 11: Definitive Option Agreement
Definitive Option Agreement Definitive Option Agreement signed January 6, 2020 • Fully permitted for exploration drill program. Road accessible • No fixed expenditure requirement • No royalties on property Eloro issued the Title Holder 250,000 common shares in February 2020, and as per the Definitiv
Slide 12: Strong Environmental and Social Governance Program
Strong Environmental and Social Governance Program A historical mining region that Eloro Resources Implementation and support for courses, is committed to supporting: workshops, classes, materials and other • Supplies to the communities during COVID-19 requirements of social projects focussed on wom
Slide 13: Mineral Deposits: Bolivia, a Prolific Mining Country
Mineral Deposits: Bolivia, a Prolific Mining Country Iska Iska is in the SW part of the Eastern Cordillera which hosts a number of world-class deposits of gold, silver, iron ore, zinc, tin, lead and lithium Dr. Osvaldo Arce, P.Geo., President of Bolivian Geological Society (2010-2017), a highly reco
Slide 14: Cerro Rico De Potosi
Cerro Rico De Potosi Silver from the mines of Potosí, still a by-word After 500 years of metal extraction, this deposit in Spanish for incalculable wealth, supercharged still contains a world-class silver and tin Europe’s economy in the early modern era reserve > 500 million tonnes grading ~ 100 g/t
Slide 15: Porvenir Concession
Porvenir Concession Bolivia Sur Chichas Province, Potosí The Iska Iska Porvenir Concession is a road accessible, royalty-free property, (wholly-owned by the Title Holder) Located 48km north of Tupiza city, in the Sud Chichas Province of the Department of Potosí Covers an area of 900 Ha (9km2) close
Slide 16: View of Iska Iska Caldera Complex
View of Iska Iska Caldera Complex View of the Iska Iska Caldera Main Target Areas Looking North Underground workings at Huayra Kasa provided excellent access for initial underground drilling Current drilling is being done with four surface rigs and one high-capacity underground drill Terrain is like
Slide 17: Property Geology and Mineralization
Property Geology and Mineralization Iska Iska is a major silver-tin polymetallic porphyry-epithermal complex associated with a Miocene collapsed/resurgent caldera, emplaced on Ordovician age rocks with major breccia pipes, dacitic domes and hydrothermal breccias The Iska Iska Caldera Complex consist
Slide 18: Longitudinal Section – Modelled Magnetic Inversion
Longitudinal Section – Modelled Magnetic Inversion Longitudinal Section Modelled Magnetic Inversion Iska Iska (Looking East) 18
Slide 19: Geological Plan Map Iska Iska
Geological Plan Map Iska Iska Santa Barbara mineral resource definition drilling target area now expanded to 1,400m along strike, 500m wide and extending to a depth of up to 600m 19
Slide 20: Top Iska Iska Intercepts
Top 12 Iska Iska Intercepts Thickness Grade Grade x Ag Sn Zn Pb Date Drill Hole ID (m) (g AgEq/t) Thickness (g/t) (%) (%) (%) Jul 21, 2022 DSBU-10 349.03 188.64 65,841 23.72 27.86 27.31 12.81 Jul 28, 2021 DHK-18 300.75 169.81 51,071 10.82 10.65 61.84 12.41 Mar 01, 2022 DSBU-03 373.40 129.08 48,198 9
Slide 21: Top Iska Iska Intercepts
Top 12 Iska Iska Intercepts Grade x Value of Major Metal Components Date Drill Hole ID Thickness Ag (g/t) Sn (%) Zn (%) Pb (%) Au Other Jul 21, 2022 DSBU-10 65,841 Jul 28, 2021 DHK-18 51,071 Mar 01, 2022 DSBU-03 48,198 Feb 23, 2022 METSBUG-02 44,492 Jan 26, 2021 DHK-15 40,976 Sep 28, 2021 DHK-21 38,
Slide 22: Hole DSBS-10 Across Feeder Zone at Santa Barbara
Hole DSBS-10 Across Feeder Zone at Santa Barbara Highest Grade & Longest Intersection Yet • Underground Hole DSBU-10 intersected 188.64 g Ag eq/t (44.75 g Ag/t, 0.08 g Au/t, 1.05% Zn, 0.76% Pb and 0.14% Sn) over 349.08m in Core of Feeder Zone in the Santa Barbara Target Area • Highest grade, longest
Slide 23: Santa Barbara Grade Shell and Magnetic Inverse Models
Santa Barbara Grade Shell and Magnetic Inverse Models Grade shell modelling in Leapfrog of the Santa Barbara Deposit indicates that, as of June 14, 2022, drilling has defined a higher-grade zone >90 g Ag eq/t that is approximately 750m along strike, 650m wide and extends to a depth of at least 750m.
Slide 24: Major Coincident Inverse Magnetic/Chargeability Anomalies
Major Coincident Inverse Magnetic/Chargeability Anomalies Coincident inverse magnetic & chargeability/conductivity Santa Barbara models in Santa Barbara provide a powerful tool to outline very prospective drill targets BHIP surveys to a depth of 1,000m show that Porco conductivity increases with dep
Slide 25: Major Inverse Magnetic Susceptibility Anomaly in Porco
Major Inverse Magnetic Susceptibility Anomaly in Porco Strong inverse magnetic susceptibility anomaly in the Porco Area indicating potential tin porphyry. Hole DPC-09, intersected 41 reportable mineralized intersections representing 29% of this 1,124.4m long hole that collectively average 94.73 g Ag
Slide 26: Potosí-like Metal Contents and Environment
Potosí-like Metal Contents and Environment A whole suite of metals includingAg, Sn, Au, Zn, Pb, Cu, In and Bi are present, exactly the sort of assemblage one would like to see in a prolific “Potosí-type” deposit. Iska Iska is a massive porphyry-epithermal system hosted mainly in large magmatic-hydro
Slide 27: Conceptual Deposit Model
Conceptual Deposit Model Iska Iska, especially Santa Barbara Breccia Pipe, is at a comparable stratigraphic level to Cerro Rico de Potosí Central Breccia formed deeper with mineralization similar to Chorolque Huayra Kasa is the highest-level breccia pipe at Iska Iska Iska Iska contains the full Iska
Slide 28: Conceptual Deposit Model Iska Iska
Conceptual Deposit Model Iska Iska PORPHYRY-EPITHERMAL COMPLEX 28
Slide 29: Next Steps
Next Steps Aggressive Exploration Program including over 64,573m Diamond Drilling in Progress! Drilling now focused on outlining an Target zone at Santa Barbara is inaugural NI 43-101 compliant 1,400m along strike, 500m wide Detailed metallurgical mineral resource in the Santa and extending to a dep
Slide 30: Contact
TSXV ELO | FSE P2Q | OTCQX ELRRF CANADA BOLIVIA Thomas Larsen Dr. Osvaldo Arce Ph.D., P.Geo. CEO General Manager, Jimena Moran Minera Tupiza S.R.L. V.P. Marketing and Logistics – Tel: +59 171 591-004 Executive Assistant Bilingual Toll Free: 1 800 360-8006 Tel: 1 416 868-9168 20 Adelaide Street East,