Eloro Resources Reports Substantial Resource Growth in Updated Mineral Resource Estimate at Its Iska Iska Project, Potosi Department, Southwestern Bolivia

Eloro Resources reported a materially expanded 2026 mineral resource estimate at the Iska Iska silver‑tin polymetallic project, upgrading to an Indicated resource of 85.17 Mt at 40 g/t Ag (109.53 Moz Ag) and an overall Inferred resource of 945.43 Mt at 8.5 g/t Ag (248.60 Moz Ag). The update boosts near‑surface silver grades by 65% versus the 2023 MRE, improves tin recoveries to ~59%, and expands total tonnage ~41% vs the 2023 Inferred base. While still an exploration‑stage asset, the scale, higher grades and improved recoveries strengthen the project’s economic potential and are positive for silver (XAG) market sentiment and junior‑miner risk premia; however, the resource remains largely Inferred and not yet a production metric, so implications for physical silver supply are indirect and longer‑dated.