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Salazar Resources Ltd V.SRL

Alternate Symbol(s):  SRLZF

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.


TSXV:SRL - Post by User

Bullboard Posts
Comment by kentoon Dec 07, 2011 12:14pm
170 Views
Post# 19299486

RE: RE: RE: PROJECTIONS=SALAZAR RESOURCES VALUATIO

RE: RE: RE: PROJECTIONS=SALAZAR RESOURCES VALUATIO BASED ON THE LAWS OF AVERAGES AND PROBABILITIES, THE FIGURES FOR THE NEXT NI 43-101 FOR 61 + 18 HOLES WILL NOT BE SIGNIFICANTLY DIFFERENT FROM THE PROJECTIONS I GAVE AS THE SAMPLE SIZE IS 30%. HOWEVER, PROJECTING FURTHER OUT FOR 157 HOLES BASED ON A SAMPLE OF 18 HOLES MAY NOT BE QUITE REPRESENTATIVE OF THE WHOLE. A PROJECTION BASED ON A SAMPLE SIZE OF 79 HOLES ( THE NEXT NI 43-101 ) WILL BE NEARLY 100% ACCURATE AS THAT SAMPLE WILL BE 50% OF THE WHOLE. MY PROJECTIONS ARE BASED ON THE AVAILABLE DATA. I SUGGEST THAT YOU GUYS PRINT THE PROJECTIONS TO COMPARE WITH THE NEW NI 40-101 AS WELL AS TO MAKE YOUR OWN PROJECTIONS BASED ON THE NEW FORTHCOMING DATA.
Bullboard Posts