La Victoria, northern Peru (up to 25%)

On March 3, 2017, EHX announced that it had entered into an agreement with TSX-V listed Eloro Resources Ltd to earn up to 25% in the La Victoria gold-silver project.

La Victoria is located in the North-Central Mineral Belt of Peru.  Comprising approximately 80 square kilometres, La Victoria sits on the western slopes of the Peruvian Andes at elevations that vary from 3000m to 4500m above sea level.La Victoria is located within 50 km of several producing mines including: La Arena, owned by Tahoe Resources, Lagunas Norte (Alto Chicama) owned by Barrick Gold Corporation and Santa Rosa owned by Compañia Minera Aurifera Santa Rosa (COMARSA).The geological setting at La Victoria exhibits the same rock types, alteration style, and mineralization as several of the world-class gold mines in the Northern Peru Mineralized Belt. La Victoria has never been drilled, yet major mineralized targets, with very prospective results from Eloro surface sampling, and artisan mining have been known since the 1970s.

Further information concerning La Victoria can be found via the Company’s ASX announcements which can be found under the Investor Centre tab.