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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Post by welovestockson Jul 27, 2011 10:09am

238 Views

Post# 18877708

Share structure

Pretty silent at the moment.

But you all should remember the share structure:

47,800,000 shares fully dilluted

38% insider ownership
35% institutional ownership

That means we have only 27% as free float, so as soon as we have some demand due to progress in politics and drilling results, we will have a high demand and a tight market ;)

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