Salazar Resources Ltd. is pleased to announce that the Company has arranged a non-brokered private placement involving the sale of up to 18,572,000 common shares of the Company at a price of C$0.35 per Share to raise gross proceeds to the Company of up to C$6,500,200 . The funds raised will be used to accelerate exploration of the 100%-owned portfolio, including the ongoing drilling at Los Osos and Phase 1 drilling [...]
Salazar Resources Ltd. is pleased to announce plans for the most active exploration program in its 14-year history which will see drilling undertaken at four of its 100% owned properties, in addition to work carried out in partnership with Adventus Mining Corp.. Highlights: Drilling resumes at Los Osos. OSO-03 starts, and assays from OSO-01 and OSO-02 are pending Copper-gold targets to be tested in a 3,000m drill program [...]
Adventus Mining Corp. and Salazar Resources Ltd. are pleased to announce continued infill drilling results from the El Domo volcanogenic massive sulphide deposit located within the 21,537-hectare Curipamba project in central Ecuador. Infill drilling continues at El Domo with two diamond drill rigs with 19 infill definition drill holes having been successfully completed totaling 1,999 metres from the planned 4,960 metres [...]
Adventus Mining Corp. and Salazar Resources Ltd. are pleased to announce continued infill drilling results from the El Domo volcanogenic massive sulphide deposit located within the 21,537-hectare Curipamba project in central Ecuador. Infill drilling continues at El Domo with two diamond drill rigs at site. In the current program, a total of 15 infill definition drill holes having been successfully completed totaling 1,573 [...]
Adventus Mining Corp. and Salazar Resources Ltd. are pleased to announce initial infill and exploration drilling results from the El Domo volcanogenic massive sulphide deposit and to provide a status update on its regional drilling program at the La Vaquera target, both of which are located within the 21,537-hectare Curipamba project in central Ecuador. Highlights Infill drilling at El Domo: CURI-340 intersected 18.70 [...]
Salazar Resources Ltd. is pleased to announce it has significantly increased its total claim holdings in the Cerro Pelado gold district to 2,444 hectares , having entered into a binding Letter of Intent with Minera Mesaloma S.A. and been granted the option to acquire up to 100% of the Los Santos gold project near Salazar Resources' Osos project, El Oro, Ecuador, subject to receipt of approval of the TSX Venture Exchange [...]
Salazar Resources Ltd. is pleased to announce that its shares, previously quoted on the OTC Pink Open Market, will start trading today on the OTCQB® Venture Market in the United States, under the ticker symbol SRLZF. Salazar's Common Shares will continue to trade on the TSX Venture Exchange under the symbol SRL. Fredy Salazar, CEO and President of Salazar Resources said: "We anticipate that the move from the Pink Sheets [...]
Adventus Mining Corp. and Salazar Resources Ltd. are pleased to provide a progress update on work completed during the first five months of the feasibility study for the development of the El Domo copper-gold deposit within the greater 21,537-hectare Curipamba project in Ecuador . Results to date include some significant findings from initial engineering and a number of trade-off studies that are expected to materially [...]
Salazar Resources Ltd. is pleased to provide an update on its wholly owned Los Osos project, held by Minera del Valle S.A, a 100% owned subsidiary of Salazar Resources. Los Osos porphyry gold-copper exploration property is situated 8 km southeast of the 16.7 million ounce gold Cangrejos Project. A 5,000 m initial drilling program to test for a new porphyry system started in October and is ongoing. Assays for the first [...]
Salazar Resources Ltd. is pleased to announce it has started a ground-based gravity and magnetic geophysical survey at the 100% owned Macara gold and volcanogenic-massive-sulphide project in Loja, Ecuador. The geophysical survey marks a major step in advancing exploration on this property, which is prospective for both oxide gold near surface, and copper-gold-zinc-silver assemblages in buried VMS bodies. Merlin [...]
Adventus Mining Corp. and Salazar Resources Ltd. are pleased to provide preliminary assay results and an update regarding diamond drilling activities at the Pijili project in southwestern Ecuador's Azuay province. Work has been ongoing as part of a planned 2020 calendar year program that was described in the June 8, 2020 and September 9, 2020 news releases. The Partners are the first explorers to drill test this porphyry [...]
Adventus Mining Corp. and Salazar Resources Ltd. are pleased to provide an update on the restart of site activities at the Curipamba project in Ecuador, including six drill rigs in support of the ongoing El Domo deposit feasibility study and regional drilling of exploration targets within the greater Curipamba minerals concessions. Highlights: Three geotechnical drill rigs will focus on establishing groundwater monitoring [...]
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