Eloro Resources Ltd. (TSX VENTURE:ELO)(FRANKFURT:P2Q) ("Eloro", or the
"Company") announces the resignation of Mr. Paul Ankcorn as a director of the
Company effective immediately. The Company is pleased to announce that Mr.
Ankcorn has agreed to remain as a consultant to the Company on an as needed
basis. The Company would like to express its thanks to Mr. Ankcorn for his many
contributions to the board of directors and audit committee throughout his
tenure.


About Eloro Resources Ltd. 

Eloro Resources is an exploration and mine development company with a portfolio
of gold and base-metal properties in northern and western Quebec. The Company is
focussed on expanding the historic gold resources at the past-producing Simkar
Mine. The Simkar Property consists of two contiguous mining concessions (2.26
km2) and eleven mineral claims (1.77 km2) in Louvicourt Township, approximately
20 km east of Val-d'Or, Quebec. 


Since optioning the Simkar Property in 2009, Eloro has completed 18,915 m of
drilling on the Project and has identified two new mineralized zones below the
historic workings and two near surface zones in a diorite unit south of the
historic workings. 


Eloro plans to pursue exploration work at Simkar with the objective to outline
quality gold resources in an established mining camp.


Information in this news release may contain forward-looking information.
Statements containing forward-looking information express, as at the date of
this news release, the Company's plans, estimates, forecasts, projections,
expectations, or beliefs as to future events or results and are believed to be
reasonable based on information currently available to the Company. There can be
no assurance that forward-looking statements will prove to be accurate. Actual
results and future events could differ materially from those anticipated in such
statements. Readers should not place undue reliance on forward-looking
information.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Eloro Resources Ltd.
Thomas G. Larsen
President and CEO
(416) 868-9168


Eloro Resources Ltd.
Jorge Estepa
Vice-President
(416) 868-9168

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