ELORO RESOURCES LTD. (TSX VENTURE:ELO) (the "Company" or "Eloro") is pleased to
announce that it has taken delivery of a solicited Target Generation Survey
Report (the "Report") for its wholly-owned Delta Copper-Zinc Property (the
"Property") in the James Bay Mining District. The Report was completed by A.
Carrier, M. Sc, P. Geo., and P. L. Richard, B. Sc., GIT, of InnovExplo Inc.
("InnovExplo") of Val-d'Or (Quebec), and was titled "Geochemical analyses and
interpretation for the Delta Property, Province of Quebec, Canada".


The Property is located 35 km south of Goldcorp's Eleonore Gold Project (2.3
million ounces of Gold at a grade of 10.05 g/t Gold in Indicated Resources and 3
million ounces of Gold at a grade of 12.75 g/t Gold in Inferred Resources;
www.goldcorp.com) and 40 km west of Eastmain Resources Clearwater Gold Project
(310,000 ounces of Gold grading 9.46 g/t Gold in Indicated Resources and 680,000
ounces of Gold grading 6.90 g/t Gold in Inferred Resources; www.eastmain.com),
all in the Eastmain Greenstone Belt of the James Bay Mining District.


The Report utilized detailed geochemical analyses in conjunction with
interpretation of existing InfiniTEM(TM) and airborne Magnetic and EM surveys to
highlight the best potential Volcanogenic Massive Sulphide ("VMS") targets with
Copper-Zinc mineralization. InnovExplo re-sampled the Eloro diamond drill core
from the 2007 and 2008 campaigns (taking a total of 198 samples at 30 m
intervals). The samples were then submitted to the ALS Laboratories Group
facility in Val-d'Or and processed for Multi-Element Whole-Rock Analysis
(IME-ICP41 package) that included Gold, Silver, Zinc and Copper. Element
correlation tables were constructed and interpolation work was conducted on 32
elements. Based on the evaluation of the correlation tables and the
interpolation work, favorability maps for Gold, Silver, Copper, Zinc and Lead
were generated using the Rastor Calculator in ArcGIS(TM) Software.


The Report states that there is potential for VMS-type (Zinc-Lead-Silver)
mineralization mainly along the north limb of the Delta Antiform Structure
("DAS"); there is Vein-type (Gold) along the nose of the DAS; and there is
Vein-type and potentially VMS (Copper-Gold-Silver-Molybdenum) mineralization
mainly along the south limb of the DAS. On the north limb of the DAS, the
mineralized volcano sedimentary belt extends over a length of about 6km from the
Property onto Eloro's Eastmain-1 Property, signifying a new area where similar
mineralization can potentially be discovered. On the south limb of the DAS there
is strong potential for additional sub-parallel veins in the immediate sector of
the high-grade Delta NW Copper Showing, along with extension at depth. The
distinction between mineralization types and their suggested spatial correlation
could significantly increase the chances of drill success.


The Property exhibits significant potential to find new mineralization. The
authors of the Report recommend that the three mineralization types should be
investigated separately, and the discordant NW trending high-grade Copper veins
found on surface near the Lac Delta NW showing (south limb of the DAS) should be
drill-tested. Based on the recommendations, Eloro plans to determine the
relationship between the higher grade Copper veins and the drill intersected
Copper zone near the Delta NW Copper showing; investigate the potential link
between the Delta NW Copper and Delta NW Zinc showings; and examine the
potential for structurally controlled gold mineralization located in the hinge
area.


Drilling by Eloro during the winter of 2008 (3,100m in 14 holes) intersected
mineralization below a surface Copper showing at 110 m vertical depth and
returned 1.10% Copper over 6.15 m and 2.87% Copper over 4.35 m, including 10.15%
Copper over 1.15 m (D-07-01). D-07-05, collared 100 m north west of D-07-1,
undercut hole D-07-1 by 50 m and returned 0.75% Copper over 2.00 m, including a
higher grade core containing 1.83% Copper over 0.50 m. D-07-03, located 500 m to
the northeast of D-07-01 and D-07-05 intersected at 140 m vertical depth below
surface, 2.13% Zinc and 35.2 g/t Silver over 8.70 m, hosted within a wider
interval of 1.20% Zinc and 27.8 g/t Silver over 17.50 m.


The Property hosts surface Copper mineralization identified by Eloro in 2006 and
Zinc mineralization intersected in historic drill holes. The mineralization is
linked to ground InfiniTEM(TM) (electromagnetic) anomalies from a geophysical
survey completed by Eloro in 2007. The InfiniTEM(TM) anomalies are located
within a 1.4 km long VMS sequence of chert, magnetite and sulphide iron
formation, altered volcanic agglomerates, bedded cherts, disseminated and
semi-massive chalcopyrite-pyrite stringers and veins, and disseminated
magnetite-pyrite-chalcopyrite. Eloro's Property VMS sequence is typical of those
hosting major Copper-Zinc-Silver-Gold bearing massive sulphides in the
Rouyn-Noranda, Matagami, Louvicourt and Timmins Mining Camps located more than
600 km to the south in the Abitibi Belt.


About Eloro Resources Ltd.

Eloro is a junior exploration company focused on discovering and developing
precious and base metal quality resources in the James Bay region of northern
Quebec, and base and precious metals in both the Timmins and Val-d'Or mining
camps of northern Ontario and Quebec.


James Bay, Quebec

Eloro currently has eleven gold-copper-silver properties (1,062 claims) covering
548 km2 in the La Grande and Eastmain Greenstone Belts, proximal to Goldcorp's
Eleonore Gold Project. Eloro also has an option to earn a 50% interest in 31
claims held by Virginia Mines Inc., also located in James Bay, Quebec.


Timmins, Ontario

The Timmins area holdings include both the prospective Hurdman Zinc Silver
Property, and the 30 km2 McArthur Lake Nickel Property under option to Fletcher
Nickel Inc.


Val-d'Or, Quebec

Eloro recently signed an option agreement with Megastar Development to earn a
50% interest in the advanced Simkar Gold property located 20km east of Val-d'Or
Quebec.


The technical information contained in this news release was prepared and
revised by Mr. Martin Bourgoin, P. Geo., Eloro's Executive VP, and a Qualified
Person as defined by National Instrument 43-101.


Statements made in this news release that are not historical facts are
"forward-looking statements", and readers are cautioned that any such statements
are not guarantees of future performance, and that actual developments or
results, may vary materially from those in these "forward-looking" statements.


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