Toronto-based Northfield Minerals (NFM-T) has acquired 40,000 shares of Eloro Resources (ELOR-C), a junior company active in Latin America.
The latest purchase boosts Northfield’s stake in Eloro to 941,699 shares, or about 10.2% of the outstanding shares.
Through a local subsidiary, Eloro is exploring for precious metals in Guatemala, with work focused on the northern extension of a known mineral belt.
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