(TSX: SRL | OTC: SRLZF)
Overview
"Salazar Resources Ltd. is a publicly-listed (TSX-V:SRL) mineral resource company engaged in the exploration and development of new highly prospective areas in Ecuador. Led by a senior Ecuadorian management team and most notably by its namesake Fredy Salazar, this team has been instrumental in other major discoveries throughout Ecuador, including Aurelian's Fruta del Norte discovery, IAM Gold's Quimsacocha Deposit, Mozo Deposit, Ex Newmont's Cangrejos Project and International Minerals’ Rio Blanco and Gaby Deposit. Being an Ecuadorian based company gives us a strategic advantage enabling us to do exploration work cost effectively while at a rapid pace." - from the web site
Highlights
- Four exploration projects located in Ecuador provide gold/silver, copper/gold and VMS opportunities
- The Curipamba Project Phase I drill program consisted of 9945m in 51 holes
- Targets for Phase II have been identified, including a VMS anomaly at El Domo
- Strong technical team with a demonstrated record of exploration success
- Well-financed
- Tight share structure
Share Structure (details) - As of December 11, 2009
Shares O/S: 30,063,225
Warrants: 1,219,800
Options: 2,881,000
Shares FD: 34,164,125
Working capital: ~$4.9MM
Resources
Company web site
Daily chart of SRL.V
Weekly chart of SRL.V
Images
Ecuador - exploration projects |
