Eloro Resources Ltd. announced that it has completed 2,261m of reconnaissance diamond drilling in 8 holes at the Rufina Target on the La Victoria Au Property in the North-Central Mineral Belt of Peru. Holes ERU-01, -02, -03, -04 and -09 are on a NE-SW cross section approximately 800m long. Holes ERU-06, -07 and -08 are on a parallel cross section 500m long approximately 100m north of the first section. Highlights include (all core lengths):3.46 g Au/t over 7.4m including 7.31 g Au/t over 3.4m and 2.73 g Au/t over 1.5m in Hole ERU-02, 2.10 g Au/t over 4.5m including 4.31 g Au/t over 1.6m and 2.73 g Au/t over 1.5m in Hole ERU-04, 1.86 g Au/t over 3.0m including 4.31g Au/t over 1.0m in Hole ERU-01, 2.83 g Au/t over 1.0m in Hole ERU-03, 1.92 g Au/t over 1.40m over 1.4m in Hole ERU-09A, 0.66 g Au/t over 5.0m including 8.67 g Au/t over 0.4m in Hole ERU-09A, 0.35 g Au/t over 19.5m in Hole ERU-04. Drill holes ERU-01, -02, -03, -04 and -09 intersected a major gold-bearing low sulphidation epithermal system extending approximately 350m along strike, a geological cross section. This system is characterized by quartz and sulphide veins/veinlets, mineralized hydrothermal breccia and silicification in dioritic rocks that is overprinted by a later more base metal-rich epithermal phase. It is concluded that the initial reconnaissance drilling tested the upper part of an extensive gold-bearing epithermal system.