Eloro Resources Ltd. provided an update on exploration activities at its Iska Iska silver-tin polymetallic project in the Potosi Department, southern Bolivia. To date, the Company has completed 32,606 metres (m) of drilling in 63 holes, including three (3) in progress, to test major targets at Iska Iska. Currently three drills are operating on the property: two surface drills and one underground drill. Eloro is continuing mineral resource definition drilling on the Santa Barbara Target Area which includes the Santa Barbara Breccia Pipe (?SBBP?), the surrounding mineralized envelope and the potential northwest extension indicated by the magnetic anomaly (Figure 1). Additional drilling since the Company?s September 28, 2021, release has further expanded the target area for definition of a maiden National Instrument 43-101 (?NI 43-101?) compliant mineral resource to more than 1,400m along strike, with significant mineralization being intersected in step out holes DSB-15 and DSB-16 which are collared 200m further northwest than the first step out holes DSB-12 and DSB-13. This target zone is approximately 500m wide and extends to a depth of 600m. Further fill-in drilling on SW-NE sections is being undertaken at approximately 100m intervals. Three underground drill holes have been completed from the drill bay at the west end of the Santa Barbara adit. DSBU-01, drilled due east at -20 degrees, intersected extensive mineralization in the mineralized envelope of the SBBP. Holes DSBU-02 and DSBU-03 drilled due west at -20 degrees and -50 degrees, respectively, intersected significant mineralization along the southern margin of the SBBP. A fourth underground hole DSBU-04 is currently in progress, drilled due south at -20 degrees to fill in coverage in the mineralized envelope to the south of the SBBP. Assays on the underground and surface holes cited are all pending. Table 1 gives a complete listing of holes with assays pending.