Tom Larsen, CEO of Eloro Resources (V.ELO), is waiting, somewhat patiently, for the results of drilling at the company’s Iska Iska project in Southern Bolivia. Eloro signed the Iska Iska deal in January and the drills are turning.
The Iska Iska project has the potential to be big. Very big. Which means that the drilling is designed to define structure. “It will be a couple of weeks before we have the initial results,” said Larsen. “Structurally we are very pleased. But we need to release multiple holes and we need the assays.”
“We want to be able to explain what we are doing,” said Larsen. “These are big systems. There are actually two systems. A deeper porphyry with an epithermal system above.”
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