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Gold/Mining/Energy : Salazar Resources (SRL.V)

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From: TheSlowLane6/28/2010 9:50:09 AM
   of 191
 
Salazar Strengthens Relationships in Local Community

Press Release Source: Salazar Resources Limited On Monday June 28, 2010, 8:30 am EDT

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 28, 2010) - Salazar Resources Ltd. (TSX VENTURE:SRL - News; FRANKFURT:CCG - News) Mr. Fredy Salazar, President and CEO reports on activities at the Company's Curipamba project, Ecuador.

On June 4, 2010, the Company received authorization from government authorities to resume its exploration programs. To date the Company has completed two drill holes and the drill rig has been moved to a third location. On Friday June 25th after completion of a rig shift, a number of anti-mining protestors arrived at the Company's work site and managed to take temporary control of the Company's drill rig. The majority of the protestors were not from the surrounding local communities. In fact, the Company received over 90% support from the inhabitants of the local communities in the recent government consultation process.

The Company respects the rights of protestors to express their opinions but such protests should be conducted in accordance with the rule of law. It was clear that these protestors were acting outside rules and regulations and in order to preserve the physical security of its workers and of the community as a whole, the Company requested assistance from the Government.

On Saturday June 26th the National Police took control of the area and allowed the Company and its employees, many of which are from local communities, to return to the job site. The site is now completely under control of the Company, as a number of protestors were incarcerated and the balance departed the area. Unfortunately the Company's drill rig sustained minor damage. Parts have been ordered and upon receipt the rig will be repaired and the Company will resume its drill program.

The company would like to thank the Government, the National Police, and especially the local community for their great support of the project. This experience has served to strengthen the relationship between the community and the company and this successful resolution could only have been possible with the support of the Government to enforce the rule of law in Ecuador.

For more information please visit our website at: www.salazarresources.com

ON BEHALF OF THE BOARD OF SALAZAR RESOURCES LIMITED

Fredy Salazar, President & CEO

finance.yahoo.com
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