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Gold/Mining/Energy : Salazar Resources (SRL.V) -- Ignore unavailable to you. Want to Upgrade?

To: TheSlowLane who wrote (148)	7/4/2011 10:17:24 AM
From: Claude Cormier	Read Replies (1) \| Respond to of 191

Another company that has the goods and just need Ecuador to fix things once and for all.

To: TheSlowLane who wrote (148)	7/22/2011 10:20:34 AM
From: roymario	Respond to of 191

22/07/2011 6:18:00 AM - News Release Mr. Fredy Salazar reports SALAZAR REPORTS GOLD-SILVER MINERALOGICAL STUDY OF EL DOMO VMS DEPOSIT Salazar Resources Ltd. has provided an update on the progress of a precious metals mineralogical study of the El Domo volcanogenic massive sulphide deposit being carried out by Surface Science Western (SSW) in London, Ont., under the supervision of Kevin Scott, PEng, of Roscoe Postle Associates Inc. (RPA). Previous metallurgical test work by G&T Metallurgical Services Ltd. (G&T) completed in February, 2011, indicated precious metals reported to copper and zinc flotation concentrates; however, overall gold and silver recoveries were lower than anticipated. A separate mineralogical analysis has been completed by SSW to determine all major carriers and forms of gold and silver in order to better understand what improvements can be made to recover more gold and silver. The gold and silver deportment study was completed by Surface Science Western (SSW) on the same master composite sample used in the G&T tests at a grind fineness of 80 per cent passing 91 micrometres. The results indicate that gold occurs in two forms: microscopic (visible) and submicroscopic gold. The analysis shows that 61.3 per cent of the gold was visible (free) gold while 38.7 per cent was submicroscopic gold. The gold contained in the sample assayed 4.855 grams per tonne. Most of the visible gold grains are fully liberated or exposed. Where the gold grains are attached to other minerals, it is most commonly with pyrite. Over 90 per cent of the free gold was in the size range of five micrometres to 150 micrometres and is considered amenable to gravity recovery which has yet to be tested to in the metallurgical lab. The submicroscopic gold was detected and quantified by dynamic secondary ion mass spectrometry (D-SIMS) instrument. This gold is refractory gold -- it is locked within the crystalline structure of the mineral. The mineral pyrite was found to contain 33.1 per cent of the total gold. Other main minerals containing submicroscopic gold include chalcopyrite (3.7 per cent of the total), bornite (0.3 per cent of the total) and sphalerite (1.3 per cent of the total). The submicroscopic gold contained in pyrite will not be appreciably recovered by flotation; however, the gold contained in the other minerals would be recovered in copper and zinc concentrates. All of the silver in the sample occurs in the submicroscopic form only. The silver contained in the sample assayed 65.4 grams per tonne. Pyrite was found to contain 48.9 per cent of the total. Other minerals containing submicroscopic silver include chalcopyrite (13.3 per cent of the total), bornite (21.0 per cent of the total), sphalerite (6.1 per cent of the total) and galena (1.1 per cent of the total). A total of 8.2 per cent of the silver was unaccounted for and may be related to other minerals while 1.1 per cent was associated with gold particles and 1.4 per cent is contained with minor minerals. The submicroscopic silver contained in pyrite will not be appreciably recovered by flotation; however, the silver contained in most of the other minerals, up to 51 per cent according to this study, would likely be recovered in various concentrates. Fredy Salazar says, "The company is highly encouraged with the results of the SSW study." Surface Science Western is a research laboratory at the University of Western Ontario, in London, Ont., providing one of the most comprehensively equipped surface analytical laboratories in Canada. SSW offers a variety of analytical services to the mining industry related to the characterization and processing of value minerals. This press release has been reviewed by Mr. Scott, PEng, principal metallurgist, RPA, who is a qualified person as defined by NI 43-101 standards. We seek Safe Harbor.

To: TheSlowLane who wrote (148)	11/22/2011 7:48:57 PM
From: roymario	Read Replies (1) \| Respond to of 191

Salazar drills 9.94 m of 91.95 g/t Ag at Curipamba Ticker Symbol: C:SRL Salazar drills 9.94 m of 91.95 g/t Ag at Curipamba Salazar Resources Ltd (C:SRL) Shares Issued 39,955,232 Last Close 11/21/2011 $0.60 Tuesday November 22 2011 - News Release Mr. Fredy Salazar reports SALAZAR INTERCEPTS 9.94 METERS OF 3.48 G/T GOLD, 91.95 G/T SILVER, 4.40% COPPER AND 14.83% ZINC Salazar Resources Ltd. has released new high-grade intersections from the continuing diamond drill program on its 100-per-cent-owned (30,327-hectare) precious-metal-rich Curipamba volcanogenic-massive-sulphide (VMS) project in Ecuador. The six holes reported here are part of the on-going diamond drilling program on the El Domo VMS deposit (Tables 1 & 2; Figure 1) which continues to intersect significant VMS mineralization under the andesite sill. These intersections, along part of the western margin of the andesite sill, clearly show there is significant, as yet untested, exploration potential beneath the andesite sill to the east. CURI-137 intersected 9.94 meters grading 3.48 g/t gold, 91.95 g/t silver, 4.40% copper and 14.83% zinc, including 3.72 meters grading 7.79g/t gold, 187.66 g/t silver, 10.35% copper and 34.26% zinc in massive to semi-massive sulphide mineralization under the andesite sill (Figure 1). This mineralization is open and additional drilling is required in this area. CURI-139 intersected 4.96 meters grading 1.14 g/t gold, 15.43 g/t silver and in massive sulphide under the andesite sill (Figure 1). This mineralization is open and additional drilling is required in this area. CURI-136 intersected 1.25 meters grading 1.20 g/t gold, 29.8 g/t silver and 2.02% copper in massive sulphide mineralization. This is a new area of high grade massive sulphide mineralization at the southern end of the deposit. The mineralization is open to the southwest (Figure 1). Additional drilling is required in this area. CURI-138 intersected 16.36 meters grading 0.87 g/t gold, 31.68 g/t silver, 0.12% copper. Mr. Salazar commented, "We are pleased with these six hole results since they confirm that El Domo is still open in several directions and demonstrate potential to continue encountering massive sulphide mineralization." CURI-136 and CURI-139 were collared close together approximately 130 meters east of CURI-129, to test for mineralization under the andesite sill. Both holes intersected semi-massive to massive sulphide mineralization under the andesite (Table 1). The presence of semi-massive to massive mineralization in this locale, approximately 75 meters from the edge of the andesite, is clear evidence that high grade mineralization is to be found beneath the andesite. Further exploration drilling is required in this area. CURI-137 and CURI-138 were drilled from the same platform to test for mineralization under the andesite sill. CURI-137 intersected semi-massive to massive sulphide mineralization approximately 37 meters below the andesite sill. CURI-137 was drilled approximately 55 meters south of CURI-135 which intersected 9.66 meters grading 6.23 g/t gold, 183.43 g/t silver, 1.36% copper, 1.13% lead and 6.93% zinc (News Release of November 3, 2011). The continuation of high grade mineralization southwards from CURI-135, beneath the andesite, is extremely encouraging. CURI-140, collared approximately 65 meters east of CURI-131 intersected faulted semi-massive and stockwork mineralization under the andesite. CURI-141 was drilled approximately 55 meters SSW of CURI-136, intersected a broadly similar interval of mineralization (Table 1). Table 1: Significant Intersections --------------------------------------------------------------------------- Hole From To Width(i) Gold Silver Copper Lead Zinc --------------------------------------------------------------------------- # (m) (m) (m) (g/t) (g/t) (%) (%) (%) --------------------------------------------------------------------------- CURI-136 193.25 194.50 1.25 1.20 29.80 2.02 0.02 0.93 --------------------------------------------------------------------------- CURI-137 103.87 113.81 9.94 3.48 91.95 4.40 0.52 14.83 --------------------------------------------------------------------------- including 106.61 110.33 3.72 7.79 187.66 10.35 0.85 34.26 --------------------------------------------------------------------------- CURI-138 151.64 168.00 16.36 0.87 31.68 0.12 0.12 0.66 --------------------------------------------------------------------------- including 151.64 157.50 5.86 1.36 68.40 0.13 0.29 1.00 --------------------------------------------------------------------------- CURI-139 176.78 181.74 4.96 1.14 15.43 1.65 0.02 0.15 --------------------------------------------------------------------------- CURI-140 208.73 208.93 0.20 1.16 34.50 0.68 0.30 2.65 --------------------------------------------------------------------------- CURI-141 221.68 222.90 1.22 1.04 38.67 1.49 0.73 2.88 --------------------------------------------------------------------------- (i) Widths represent down hole core lengths except for CURI-141. Table 2: Drill Hole Specifications --------------------------------------------------------------------------- Drill Hole Easting Northing Elev. (m) Azimuth Dip EOH (m) --------------------------------------------------------------------------- CURI-136 695251 9855300 975 270 degrees -75 degrees 236.8 --------------------------------------------------------------------------- CURI-137 695247 9854950 950 90 degrees -85 degrees 180 --------------------------------------------------------------------------- CURI-138 695248 9854950 950 90 degrees -60 degrees 215.8 --------------------------------------------------------------------------- CURI-139 695255 9855300 975 90 degrees -85 degrees 257.8 --------------------------------------------------------------------------- CURI-140 695201 9855150 967 90 degrees -82 degrees 243.8 --------------------------------------------------------------------------- CURI-141 695227 9855250 976 90 degrees -90 degrees 309 --------------------------------------------------------------------------- Drill core samples are analyzed by ALS Chemex Labs Ltd. and IBS Inspectorate, ISO 9001:2000 certified laboratories. Salazar maintains a QAQC program whereby standard samples and blanks are inserted into each batch of samples to ensure quality control. Kieran Downes, P.Geo., a qualified person as defined by National Instrument 43-101, is responsible for the technical information provided in this release. We seek Safe Harbor. © 2011 Canjex Publishing Ltd.