03:25:37 EST Thu 05 Feb 2026
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Eloro Resources Ltd (3)
Symbol ELO
Shares Issued 106,863,839
Close 2026-02-04 C$ 2.91
Market Cap C$ 310,973,771
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Eloro joins U.S. Defense Industrial Base Consortium

2026-02-04 20:23 ET - News Release

Mr. Thomas Larsen reports

ELORO RESOURCES ACCEPTED INTO THE US DEFENSE INDUSTRIAL BASE CONSORTIUM

Eloro Resources Ltd. has been selected to join the U.S. Defense Industrial Base Consortium -- a U.S. Department of Defence-supported initiative focused on strengthening collaboration across industry, academia and government to advance solutions aligned with U.S. and allied national security priorities.

Participation in the DIBC underscores Eloro's commitment to responsible resource development and its potential role in supporting secure, resilient supply chains for critical and strategic materials.

"Being selected to participate in the Defense Industrial Base Consortium is an important milestone for Eloro," said Eloro's chief executive officer, Tom Larsen. "It reflects the growing recognition of the strategic importance of mineral security and the need for trusted partners to help support long-term national and allied security objectives."

"Although the DIBC have 1,452 members, Eloro is the first exploration and development member in Bolivia for its recognition of strategic and critical metals within the Iska Iska silver/tin polymetallic system," added Mr. Larsen.

Eloro looks forward to contributing its technical expertise and advancing collaborative solutions that support defence, economic resilience and strategic supply chain integrity.

About Eloro Resources Ltd.

Eloro is an exploration and mine development company with a portfolio of precious and base metal properties in Bolivia, Peru and Quebec. Eloro, through its Bolivian subsidiary, Minera Tupiza SRL, has a 99-per-cent joint venture interest and a 100-per-cent economic participation interest in the highly prospective Iska Iska property, which can be classified as a polymetallic epithermal-porphyry complex, a significant mineral deposit type in the Potosi department, in southern Bolivia. A National Instrument 43-101 technical report on Iska Iska, which was completed by Micon International Ltd., is available on Eloro's website and under its filings on SEDAR+. Iska Iska is a road-accessible, royalty-free property. Eloro also owns an 82-per-cent interest in La Victoria gold/silver project, located in the North-Central mineral belt of Peru about 50 kilometres south of the Lagunas Norte gold mine and La Arena gold mine.

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