For more information regarding La Victoria please visit Eloro Resources at www.EloroResources.com.
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Tartisan Resources Corp. is a Canadian mineral exploration and development company focused on gold-silver-copper and zinc in Peru. Tartisan's portfolio of holdings consist of an equity stake (6 million shares and 3 million warrants @ 40 cents) in Eloro Resources Ltd.(TSX.V:ELO). Eloro's primary asset is the "La Victoria Gold-Silver Property". Originally discovered by Tartisan in 2009, the La Victoria Property lies within a 300 km belt in the Peruvian Andes which hosts 12 operating mines, 9 of which are precious metals and 3 of which are world class producers. Tartisan currently holds a 2% net smelter royalty on the La Victoria. Eloro has the right to buyback 1% of the net smelter royalty for $3,000,000.
ELORO RESOURCES LTD. is an exploration and mine development company that holds a 100% interest in the 80 km2 La Victoria Gold/Silver Project in Peru’s North-Central Mineral Belt. Eloro just announced an Option Agreement whereby Cott Oil and Gas can earn a 25% interest in the La Victoria Project by expending $5 Million by July 31, 2018.
Eloro has recently completed a surface exploration program of deposit-scale mapping, infill geophysics, and regional sampling so as to qualify previously reported exploration results as relevant to a bulk-tonnage heap-leach deposit model.
The La Victoria Project has excellent infrastructure with easy road access, abundant water and an industrial power corridor some 4.3 km from the site. The project is within 50 km of several large low-cost producing mines including: the Tahoe Resources Inc.’s La Arena & Shahuindo gold deposits; Barrick Gold’s Lagunas Norte (Alto Chicama) gold deposit and past-producing Pierina gold deposit; and, the Santa Rosa gold-copper mine, owned by Compañia Minera Aurifera Santa Rosa (COMARSA).