TORONTO, ONTARIO–(Marketwired – March 3, 2017) – Eloro Resources Ltd. (TSX VENTURE:ELO)(FRANKFURT:P2Q) (“Eloro“) is pleased to announce it has signed a letter agreement (the “Agreement”) with Cott Oil and Gas Limited (“Cott”) (ASX:CMT), granting Cott an option to acquire up to a 25% interest in Eloro’s wholly-owned La Victoria Gold Silver Project (“La Victoria” or the “Property”), by completing up to C$5 million in expenditures by July 31, 2018. The Property covers approximately 80.4 square kilometres and is held by a Peruvian-based Eloro subsidiary and is located in Huandoval District, Pallasca Province, Ancash Department, in the prolific North-Central Mineral Belt of Peru.
