Eloro Resources Ltd

Eloro Resources and Tartisan Resources Announce Execution of Definitive Agreement - Seite 3

About ELORO RESOURCES LTD.

Eloro is an exploration and mine development company with a portfolio of gold and base-metal properties in northern Peru and western Quebec. Eloro recently announced its proposed acquisition of a 100% undivided interest in the La Victoria property, located in the prolific North-Central Mineral Belt of Peru. The La Victoria Property consists of properties totalling eight mining concessions encompassing approximately 35.9 square kilometres together with 3 mineral claims totalling 15 square kilometers. The Property is within 50 kilometres of several producing gold mines, with three producers visible from the property. Infrastructure in the area is good with access to road, water and electricity and is located at an altitude that ranges from 3,100 m to 4,200 m above sea level.

For further information please contact Thomas Larsen, President and CEO or Jorge Estepa, Vice-President of Eloro Resources Ltd. at [phone].

Information in this news release may contain forward-looking information. Statements containing forward-looking information express, as at the date of this news release, the Corporation's plans, estimates, forecasts, projections, expectations, or beliefs as to future events or results and are believed to be reasonable based on information currently available to the Corporation. There can be no assurance that forward-looking statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Readers should not place undue reliance on forward-looking information.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

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emitter: Eloro Resources Ltd
address: 20 Adelaide Street East, Suite 200, M5C 2T6 Toronto, ON
country: Canada
contact person: Amelie Jung
phone: [phone]
e-mail: [e-mail]
website: www.elororesources.com

ISIN(s): CA2899003008 (share)
stock exchanges: open market (free market) in Frankfurt

[ source: http://www.pressetext.com/news/20160808023 ]