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Events / Eloro Resources Launches Iska Iska...
Business Drilling program

Eloro Resources Launches Iska Iska Drill Program

Analysis based on 7 articles · First reported Feb 20, 2026 · Last updated Feb 20, 2026

Sentiment
40
Attention
2
Articles
7
Market Impact
Direct
Live prominence charts, article sentiment distribution, and event development timeline available on the NewsDesk Dashboard
Market Impact

The market is likely to view this development positively for Eloro Resources, as the drill program at Iska Iska could significantly enhance its resource footprint and economic studies. The resumption of operations by Major Drilling Group International in Bolivia also signals renewed confidence in the country's mining sector, potentially attracting further investment.

Mining Metals and Mining
Event Summary

Eloro Resources Ltd. has announced a significant 40,000-meter drill program at its Iska Iska silver-tin polymetallic project in Potosi, Bolivia. The company has contracted Major Drilling Group International Inc., a leading specialized drilling services provider, to execute the program. Two drill rigs are already being mobilized, with a third expected soon. This initiative aims to conduct infill drilling in the Santa Barbara corridor and explore other mineralized zones within the Iska Iska Caldera, with the goal of enhancing the resource footprint for future economic studies. Eloro's CEO, Thomas Larsen, noted that Major Drilling Group International Inc.'s return to Bolivia reflects renewed optimism and policy changes in the country's mining sector following recent general elections.

Key Actions
100 Eloro Resources signed contract for 40,000m drill program Major Drilling Group International
80 Major Drilling Group International resumed operations in Bolivia Bolivia
Entities Involved
stock
Eloro Resources
Eloro Resources has signed a contract with Major Drilling Group International Inc. for a 40,000m drill program at its Iska Iska silver-tin polymetallic project. This program aims to enhance the resource footprint for economic studies and drill other prospective targets, which is a positive development for the company's future prospects.
Importance 100 Sentiment 50
stock
Major Drilling Group International
Major Drilling Group International Inc. has been contracted by Eloro Resources to conduct a 40,000m drill program at the Iska Iska project. This marks their resumption of operations in Bolivia, with Iska Iska as their first project, indicating new business opportunities.
Importance 80 Sentiment 30
per
Thomas Larsen
As CEO of Eloro Resources, Thomas Larsen expressed welcome for Major Drilling Group International Inc.'s return to Bolivia and highlighted the positive policy changes in Bolivia that are attractive to the mining sector.
Importance 70 Sentiment 40
cnt
Bolivia
Bolivia is experiencing renewed optimism and policy changes attractive to the mining sector following general elections. This positive environment facilitates projects like the Iska Iska drilling program, benefiting the nation's economy.
Importance 60 Sentiment 20
per
Osvaldo Arce
As Executive Vice President Operations, Latin America for Eloro Resources, Osvaldo Arce commented on the drill program's ability to enhance the resource footprint at Iska Iska for economic studies.
Importance 60 Sentiment 40
priv
Minera Tupiza SRL
Minera Tupiza SRL is a Bolivian subsidiary of Eloro Resources, holding a 99% joint venture interest and 100% economic participation interest in the Iska Iska Property.
Importance 30 Sentiment 40
priv
Micon International Limited
Micon International Limited completed a NI 43-101 Technical Report on the Iska Iska Property.
Importance 10 Sentiment 0
+ 2 more entities View on Dashboard
Relationships
Eloro Resources related ↔ Major Drilling Group International
Minera Tupiza SRL related ↔ Eloro Resources
Thomas Larsen related ↔ Eloro Resources
Osvaldo Arce related ↔ Eloro Resources
Thomas Larsen related ↔ Major Drilling Group International
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