(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
- At Curipamba, 175 holes have been drilled at the El Domo deposit for 33,400m (498,000 oz Au, indicated and 112,600 oz Au inferred)
- Strong technical team with a demonstrated record of exploration success
- Shareholders include Lundin Mining and Silvercorp
Share Structure - As of Feb 2012
Shares O/S: 46.075MM
Warrants: 5.6MM
Options: 3.9MM
Shares FD: 55.76MM
Working capital: ~$4.0MM
Resources
Salazar Resources web site
Fact Sheet
Salazar Resources corporate presentation (Feb 2012)
Company Profile at 24hGOLD site
"Volcanoes of the Deep Sea" movie
Charts: Daily - Weekly - Monthly
Images
Ecuador - exploration projects
VMS deposits explained
Curipamba Project Hydrothermal Model
Sequential Development of the Los Naves Massive Sulphide
Curipamba Project map
Naves Central sample results
Los Naves Phase 2 Drill Program
Los Naves Phase 2 Drill Program - close-up
Sesmo Sur Phase 2 Drill Program
El Domo: Drill Location map - Drill Locations photo - Fault - 3-D View - Cross-section - Drill highlights |
