Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Set to Potentially Benefit as Renowned Gold Bug, Claude Bejet, Says Now is the Time to Invest in Precious Metals

• Claude Bejet, a long-time precious metals investor and author of the Swiss Gold Letter, was interviewed on the sidelines of the recent Mines and Money Conference in London
• During his interview, Bejet commented on his optimism in regards to the precious metals complex as well as the considerable value held by junior mining companies
• Eloro Resources possesses a 100% option agreement on the Iska Iska deposit, a major polymetallic epithermal porphyry complex covering over 900 hectares of land
• The company is due to publish their initial assessment of Iska iska’s resource potential by March 2023, a process which Eloro are carrying out with mining consultancy, Micon International

 “We’ve been through hell.” That was Claude Bejet’s succinct summary of the precious metals market and gold over the past two years. A Covid-linked downturn in 2020 was subsequently followed by an inflation-driven bear market across financial assets in 2022; although gold has historically been perceived as an inflation hedge, a rapidly appreciating US dollar – which rose by over 12% in 2022, hitting a two-decade high in September – marred what could have heralded a banner year for precious metals. However now and on the sidelines of the Mines & Money London conference, Claude Bejet expressed his belief that the worst could now be over; in an interview with industry newswire Kitco Mining, Bejet expressed his renewed optimism on the precious metals complex and commented on his optimism on the overlooked potential of listed mining companies (https://ibn.fm/WJC4x).

Marc Bristow, the CEO of Barrick Gold Corp, told investors during his keynote speech at the conference that the future of mining no longer lay in the traditional, over-explored jurisdictions of prior years. Rather, the big opportunities over the next decade would come from traditionally overlooked jurisdictions with…

Read More>>

NOTE TO INVESTORS: The latest news and updates relating to ELRRF are available in the company’s newsroom at https://ibn.fm/ELRRF

About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.miningnewswire.com

Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.miningnewswire.com/Disclaimer

MiningNewsWire
Los Angeles, California
www.miningnewswire.com
310.299.1717 Office
[email protected]

MiningNewsWire is part of the InvestorBrandNetwork.