Eloro Resources Further Amends Payment Schedule for Iska Iska Silver-Tin Polymetallic Project, Potosi Department, Bolivia

TORONTO, March 13, 2024 (GLOBE NEWSWIRE) — Eloro Resources Ltd. (TSX:ELO; OTCQX: ELRRF; FSE: P2QM) (“Eloro”, or the “Company”) is pleased to announce that, by mutual agreement with Empresa Minera Villegas S.R.L. (“Minera Villegas”), the title holder of the Iska Iska silver-tin polymetallic project in the Potosi Department, southern Bolivia (“Iska Iska”), the payment schedule in connection with the remaining portion of US$5.1 million of the aggregate US$10 million payment required for Eloro to earn a 100% interest in Iska Iska has been further amended.

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