Salazar Resources Ltd. is pleased to announce sampling results and an update on drilling progress. At Los Santos, channel and rock chip samples from the Brecha Sur and Leon prospect areas confirm gold, copper, and silver mineralization. A Phase 1 drill program is underway at Los Santos, El Oro Province, with two holes completed for a total of 526 meters . Initial core samples from these two holes are at the laboratory [...]
Adventus Mining Corp. and Salazar Resources Ltd. are pleased to announce the appointment of Skott Mealer as General Manager of Curimining in Ecuador, where he will immediately lead all on-site development, pre-construction, and stakeholder engagement activities for the Curipamba copper-gold project. Mr. Mealer will also join the Adventus Mining executive management team as a Vice President and Officer of the company. The [...]
Adventus Mining Corp. and Salazar Resources Ltd. are pleased to announce that Alliance Metals International , a wholly-owned subsidiary of the Participants' joint venture company Salazar Holdings Ltd., has, together with Adventus Mining, entered into a definitive Precious Metals Purchase Agreement with Wheaton Precious Metals International Ltd., a wholly-owned subsidiary of Wheaton Precious Metals Corp. in respect of the [...]
Adventus Mining Corp. and Salazar Resources Ltd. are pleased to announce that Alliance Metals International , a wholly-owned subsidiary of the Participants' joint venture company Salazar Holdings Ltd., has, together with Adventus Mining, entered into a definitive Precious Metals Purchase Agreement with Wheaton Precious Metals International Ltd., a wholly-owned subsidiary of Wheaton Precious Metals Corp. in respect of the [...]
Adventus Mining Corp. and Salazar Resources Ltd. are pleased to announce that the formal earn-in mechanics have been completed and Adventus is now a 75% owner of the Curipamba copper-gold project in Ecuador . The Participants have executed a shareholders' agreement which will manage the respective rights and obligations as shareholders of the incorporated joint venture company that controls and owns the Curipamba project [...]
Salazar Resources Ltd. is pleased to announce that initial work at the Los Santos project in El Oro, Ecuador, has identified six new target zones with copper and gold mineralization. A Phase 1 drill program of at least 1,200 meters will start in January on three targets. Los Santos is adjacent to Lumina Gold's Cangrejos project that contains 10.4 million ounces @ 0.57 g/t Au in the indicated category and 6.7 Moz @ 0.41 [...]
Adventus Mining Corp. and Salazar Resources Ltd. are pleased to announce the SEDAR filing of a NI 43-101 technical report supporting the recently completed feasibility study on the Curipamba copper-gold project in Ecuador. The results summary of the Curipamba feasibility study was previously announced in a October 26, 2021 news release. With this filing, Adventus has completed the final significant milestone requirement [...]
Adventus Mining Corp. and Salazar Resources Ltd. are pleased to provide an update on exploration activities in Ecuador for the Curipamba, Pijili and Santiago projects. The Partners are currently finalizing drilling plans for 2022. Highlights Curipamba - at the newly identified Agua Santa volcanogenic massive sulphide system within the Curipamba district, CREG-011 intersected 3.35 metres of 0.76% copper, 1.39 g/t gold [...]
Salazar Resources Ltd. is pleased to announce it has entered into a mining option and shareholders' agreement with Minera Mesaloma S.A. and other arm's length parties , and Santos Resources Ltd. pursuant to which Salazar Resources has the option to acquire, indirectly by way of the acquisition of shares of Canco, of up to 100% of the Los Santos gold project , located in southwest Ecuador, adjacent to the Cangrejos [...]
Salazar Resources Ltd. is pleased to report that channel sampling of the lithocap outcrop at El Potro in southern Ecuador, acquired in September 2021, has delivered extensive gold mineralization. Saw-cut channel sampling of 86.7 meters in length returned a composite average of 1.40 g/t gold , paving the way for ongoing exploration. Highlights: El Potro, acquired in September 2021, has been recognised by Salazar Resources [...]
Adventus Mining Corp. and Salazar Resources Ltd. are pleased to announce that the Environmental and Social Impact Assessment for the Curipamba copper-gold project located in central Ecuador has been completed and the environmental licensing process has been initiated with the Ecuadorian Ministry of Water, Environment and Ecological Transition. The completed ESIA is the culmination of over two years of environmental [...]
Highlights: The Curipamba feasibility study covers the first 10 years of mine life with an open-pit Mineral Reserve . An updated preliminary economic assessment on the separate underground mine optionality envisioned in years 10 to 14 is also outlined US$12M Feasibility Study resulted in an increase in the resource base, improved metallurgy leading to high quality copper and zinc concentrates, grading 28% copper and 56 [...]
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