FAQ on Eloro Resources Ltd.'s Amended Payment Schedule for Iska Iska Interest and Updated Adjacent Property Agreement

What is the main update from Eloro Resources Ltd.?

Eloro Resources Ltd. has amended the payment terms for acquiring 100% interest in the Iska Iska silver-tin polymetallic project in Bolivia, including crediting exploration spending and adjusting cash payment deadlines.

How much is Eloro Resources Ltd. required to pay under the amended terms?

Under the amended terms, Eloro will credit US$1.8 million in exploration spending on the adjacent Mina Casiterita property, with cash payments of US$1 million due by July 15, 2025, and US$1.65 million due by January 6, 2026.

What changes were made to the Mina Casiterita and Mina Hoyada option agreement?

The agreement was revised to require a US$1.8 million payment within 12 months of securing mining rights and the issuance of 200,000 Eloro shares upon property transfer.

Where is the Iska Iska project located?

The Iska Iska project is located in the Potosi Department in southern Bolivia and is accessible by road.

What type of project is Iska Iska?

Iska Iska is a polymetallic epithermal-porphyry complex, a significant mineral deposit type, focusing on silver-tin polymetallic exploration.

How can I view the full press release?

The full press release can be viewed at https://ibn.fm/1Zb2P.

What other projects does Eloro Resources Ltd. have?

Eloro Resources Ltd. also owns an 82% interest in the La Victoria Gold/Silver Project in Peru and has a portfolio of gold and base-metal properties in Bolivia, Peru, and Quebec.

Where can I find more information about Eloro Resources Ltd.?

More information about Eloro Resources Ltd. can be found on their website at www.EloroResources.com or in their newsroom at https://ibn.fm/ELRRF.