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QUEBEC & ONTARIO PROPERTY HOLDINGS
Eloro has an option to acquire a 50 percent interest in the
Simkar Gold
Project, a former gold producer located near Val d’Or, Quebec. Eloro has
also compiled a portfolio of precious and base metal projects in the
James Bay area of
northern Quebec. Explorers in the region include Goldcorp Inc. and Virginia
Mines Inc. Together with Eloro’s wholly-owned
Hurdman Zinc Silver
Project in northern Ontario, these projects provide the company with an
extensive land package at various stages of exploration and development.
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Eloro completed various phases in its exploratory program at the
Hurdman Zinc-Silver
project, confirming the presence of near surface zinc and silver mineralization.
Eloro’s other Ontario property holding, the McArthur Lake Nickel Property is
currently under option to Fletcher Nickel Inc.. More details... |
On August 17th 2009, Eloro and Megastar Development Corporation
announced the signing of a definitive agreement for a $4 million
joint venture on Megastar's wholly-owned Simkar Gold Project (the
"Project"), located approximately 20 km east of Val-d'Or (Quebec).
The Project, a former gold producer, consists of two contiguous
mining concessions in Louvicourt Township, covering 225.63 hectare.
A 6,000 m drilling program commended February 2010.
More details... |