Eloro Resources Ltd. · TSX:ELO
Eloro Resources — Investor Presentation (February 2022)
32 slides from Eloro Resources's investor presentation, February 2022
Slide 1: Iska Iska Silver-Tin Polymetallic Project
ISKA ISKA Silver-Tin Polymetallic Project CORPORATE PRESENTATION TSXV ELO | FSE P2Q | OTCQX ELRRF February 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 and Raised over CDN$30 million in mine development company focused on Q1 2021, through a bought deal developing its potential world-class financing with Haywood Securities Iska Iska silver-tin polymetallic property Inc., Cantor Fitzgerald Canada in
Slide 4: Capital Structure
Capital Structure TSX- V: ELO Shares Issued and Outstanding (Jan 27, 2022) 63.56M Frankfurt: P2Q (WKN A1JKAT) Warrants ($0.50 to $5.25 on exercise) 7.60M OTCQX: ELRRF Options and Restricted Share Units (RSUs) 5.94M Fully Diluted 77.11M Share Price (Jan 27, 2022) CDN $3.37 Market Share Capitalization
Slide 5: Experienced Team
Experienced Team Management Team Board of Directors Technical Advisors 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 S
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
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 Potosí comparison
Strong Environmental and Social Governance Program 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 mi
Slide 15: View of Main Area of Iska Iska
View of Main Area of Iska Iska View of the Topography of the Iska Iska Main Area Looking North Underground workings at Huayra Kasa provided excellent access for initial underground drilling Current drilling is being done with two surface rigs and one high-capacity underground drill Terrain is like d
Slide 16: 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 17: Property Geology and Mineralization
Property Geology and Mineralization Iska Iska is a major silver-tin polymetallic porphyry-epithermal complex associated with a Miocene possibly collapsed/resurgent caldera, emplaced on Ordovician age rocks with major breccia pipes, dacitic domes and hydrothermal breccias The Iska Iska Caldera Comple
Slide 18: Rapid Pace of Discovery at Iska Iska
Rapid Pace of Discovery at Iska Iska January 26 Discovery High Grade 257.5m @ 129.6g Ag eq/t Santa Barbara Breccia Pipe November 24 5,578m Discovery Santa Barbara Breccia Pipe November 18 Discovery Huayra Kasa Breccia Pipe December 17 2,898m Resource definition in progress on target block 1,400m alo
Slide 19: Longitudinal Section – Modelled Magnetic Inversion
Longitudinal Section – Modelled Magnetic Inversion Longitudinal Section Modelled Magnetic Inversion Iska Iska (Looking East) 19
Slide 20: Magnetic Inversion Model Showing Location of Drill Hole DPC-01
Magnetic Inversion Model Showing Location of Drill Hole DPC-01 Note how Hole DPC-01 just clips the 3D inversion model shown where the drill hole trace is red Intersections in DPC-01: 110-168 g Ag eq/t over 1.5-3.0m Exploration drilling in progress to test major targets in Porco and Mina 2 areas 20
Slide 21: Cross Section Looking North of Magnetic Inversion Model – Porco Target
Cross Section Looking North of Magnetic Inversion Model – Porco Target Location of Drill Hole DPC-01. The Magnetic High to the Northwest of the Hole is a Priority Target for Drill Testing Channel Sampling Porco adit 200m south of radial drill collar - 103m grading 521 g Ag eq/t including 117 g Ag/t,
Slide 22: Geological Plan Map Iska Iska
Geological Plan Map Iska Iska Potential size of Santa Barbara Breccia Pipe and surrounding mineralized envelope now expanded by drilling to 1,400m along strike, 500m wide and extending to a depth of up to 600m Spectacular continuous channel sampling results from Santa Barbara adit of 442 g Ag eq/t o
Slide 23: North South Cross Section Santa Barbara
North South Cross Section Santa Barbara Widespread polymetallic mineralization occurs in all major rocks types but is highest grade in the breccia pipe and dacitic dome intruded by the pipe Mineralized zone has a general north- northwest trend similar to regional structures in the area and is open a
Slide 24: Potosí-like Metal Contents and Environment
Potosí-like Metal Contents and Environment A whole suite of metals including Ag, 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-hydr
Slide 25: 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 1km
Slide 26: Next Steps
Next Steps Aggressive Exploration Program including 51,000m 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 depth of
Slide 27: 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. Executive Assistant – Bilingual Tel: +59 171 591-004 Toll Free: 1 800 360-8006 Tel: 1 416 868-9168 20 Adelaide Street East, Suite 200 Toronto, Ontario,
Slide 28: Recent News
Recent News 160.22 g Ag eq/t (36.53 g Ag/t, 1.63% Zn, 1.20% • 64% of this 512.9m long hole contains Pb and 0.10% Sn) over 194.14m from 168.85m to reportable intersections 362.99m in hole DHK-21, drilled from the west end of the Huayra Kasa underground workings at -70 94.68 g Ag eq/t (3.87 g Ag/t, 0.
Slide 29: Silver Equivalent Intercepts 2021
Silver Equivalent Intercepts 2021 29
Slide 30: Major Potential in Central Breccia
Major Potential in Central Breccia CROSS SECTION DCN-01 intersected multiple mineralized intercepts including 196.09 g Ag eq/t (150.25 g Ag/t, 0.10% Sn and 0.05 g Au/t) over 56.2m and containing 342.98 g Ag eq/t (274.0 g Ag/t, 0.16% Sn and 0.16 g Au/t) over 27.53m DCN-01 from approx. 263m to 267m Co
Slide 31: Conceptual Deposit Model Iska Iska
Conceptual Deposit Model Iska Iska PORPHYRY-EPITHERMAL COMPLEX 31
Slide 32: Committed to Bolivian and Local Work Force
Committed to Bolivian and Local Work Force Full time on-site team is 100% Bolivian Actively training recent graduate geologists and technical staff through our intern program Staff has expanded considerably since start of program in September 2020. Currently there are 14 geologists with 20 support s
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