Eloro Resources Ltd. · TSX:ELO
Eloro Resources — Investor Presentation (June 2022)
31 slides from Eloro Resources's investor presentation, June 2022
Slide 1: Iska Iska Silver-Tin Polymetallic Project
ISKA ISKA Silver-Tin Polymetallic Project CORPORATE PRESENTATION TSXV ELO | FSE P2Q | OTCQX ELRRF June 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$40 million, mine development company focused on through a bought deal financing developing its potential world-class with Haywood Securities Inc., Iska Iska silver-tin polymetallic property Cantor Fitzgerald Canada in the Potosí
Slide 4: Capital Structure
Capital Structure TSX- V:ELO Shares Issued and Outstanding (May 24, 2022) 67.50M Frankfurt: P2Q (WKNA1JKAT) Warrants ($0.50 to $5.25 on exercise) 8.83M OTCQX: ELRRF Options and Restricted Share Units (RSUs) 7.00M Fully Diluted 83.33M Share Price (May 24, 2022) CDN $3.45 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 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 Cerro Ric
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 three surface rigs and one high-capacity underground drill Terrain is lik
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 12 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) (%) (%) (%) Mar 1, 2022 DSBU-03 373.40 171.57 64,064 12.04 0.22 0.29 0.22 Mar 16, 2022 METSBUG-01 351.00 182.34 64,002 29.85 0.11 1.01 0.64 Feb 23, 2022 METSBUG-02 303.05 172.43 52,255 4
Slide 21: Top 12 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 Mar 1, 2022 DSBU-03 64,064 Mar 16, 2022 METSBUG-01 64,002 Feb 23, 2022 METSBUG-02 52,255 Top 12 Jul 28, 2021 Iska Iska Intercepts DHK-18 51,783 Jan 26, 2021 DHK-15
Slide 22: 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 23: North South Cross Section and BHIP Section Looking East
North South Cross Section and BHIP Section Looking East Mx Chargeability indicates stronger mineralization at depth Southeast area of Santa Barbara is potentially a major feeder for Ag-Sn polymetallic mineralization 23
Slide 24: NE-SW Geological Section in the Santa Barbara Adit Area
NE-SW Geological Section in the Santa Barbara Adit Area Hole DSBU-07 intersected 160.00 g Ag eq/t (27.37 g Ag/t, 0.62% Zn, 0.52% Pb and 0.11% Sn) over 251.87m Hole DSBU-08 intersected 133.45 g Ag eq/t (19.10 g Ag/t, 0.20 g Au/t, 0.42% Zn, 0.64% Pb, 0.06% Cu and 0.08% Sn) over 289.45m Hole DSBU-04 in
Slide 25: Cross Section Looking North of DSBU-03 Major Sn intersection
Cross Section Looking North of DSBU-03 Major Sn intersection DSBU-03 intersected 171.57 g Ag eq/t (12.04 g Ag/t, 0.29%Zn, 0.22% Pb & 0.22% Sn) over 373.4m Channel Sampling Porco adit 200m south of Porco radial drill collar - 103m grading 521 g Ag eq/t including 117 g Ag/t, 1.44 g Au/t, 0.54% Cu & 0.
Slide 26: Magnetic Inversion Model Showing Location of Drill Hole DSBU-03
Magnetic Inversion Model Showing Location of Drill Hole DSBU-03 Note how Hole DSBU-3 intersects the northern part of the 3D inverse magnetic susceptibility model DSBU-03 intersected 171.57 g Ag eq/t (12.04 g Ag/t, 0.29%Zn, 0.22% Pb & 0.22% Sn) over 373.4m The southern part of this anomaly in the Por
Slide 27: 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 28: 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 29: Conceptual Deposit Model Iska Iska
Conceptual Deposit Model Iska Iska PORPHYRY-EPITHERMAL COMPLEX 29
Slide 30: Next Steps
Next Steps Aggressive Exploration Program including 58,000m 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 31: 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,