Salazar Resources Ltd V.SRL

Alternate Symbol(s): SRLZF

Metals & Mining Industrial Metals & Minerals

Salazar Resources Limited is focused on the discovery, exploration, and development in Ecuador. The Company has a wholly owned pipeline of copper-gold exploration projects across Ecuador, with a strategy to make another commercial discovery and farm-out non-core assets. The Company has carried interests in three projects. At its maiden discovery, Curipamba, it has a 25% stake fully carried through to production. At two copper-gold porphyry projects, Pijili and Santiago, the Company has a 20% stake fully carried through to a construction decision. The Curipamba Project consists of seven concessions located in the provinces of Bolivar and Los Rios, Ecuador. The Pijili project consists of five concessions totaling approximately 3,254 hectares (ha). Pijili is located in the province of Azuay, approximately 150 kilometers (km) from the major port city of Guayaquil. The Santiago Project consists of a single concession that encompasses about 2,350 ha.

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Salazar Resources Ltd

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Comment by ngobeon Jan 14, 2011 12:01pm

94 Views

Post# 17972743

RE: RE: RE: RE: WE NEED NEWS

Of course there is a country risk factor but not to these levels based on the assets proving up.

At these levels it is all about management (i.e., Freddy and his appointees). Look at CGP and DMM with active projects in Ecuador as examples.

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