Salazar Resources Ltd. reports that Ms. Jennifer Hui Wu has tendered her resignation as a director effective today. Ms. Wu has accepted a senior position with a major US financial institution, and it is a condition of her new employment that all outside directorship be terminated immediately. The Board wishes Ms. Wu well in her future endeavors and thanks her for her services as a member of the Board. About Salazar [...]
Adventus Mining Corp. and Salazar Resources Ltd. are pleased to announce the remaining exploration drilling results from the newly discovered Ensillada copper-gold-molybdenum porphyry system located within the 3,246-hectare Pijili project in central Ecuador. The maiden drilling program finished in March 2021 for a total of 7,031 metres on the first of multiple porphyry targets identified in the district . The Ensillada [...]
Adventus Mining Corp. and Salazar Resources Ltd. are pleased to announce additional infill drilling results from the El Domo volcanogenic massive sulphide deposit located within the 21,537-hectare Curipamba project in central Ecuador. Highlights - Drill Results from the El Domo Deposit at Curipamba: CURI-369 intersected 42.52 metres of 1.46% copper, 2.43 g/t gold, 0.48% zinc, 13.7 g/t silver, and 0.05% lead for 3.26 [...]
Salazar Resources Ltd. is pleased to provide an update on the exploration activities within its wholly-owned portfolio of properties. Mapping, and rock chip and soil sampling at Los Santos has been carried out over approximately 12% of the area . Initial results indicate the area has gold potential . Nearby, at Los Osos, drilling is underway with OSOS-03 at a depth of 508 m . The targeted hole depth is 500-600 m [...]
Adventus Mining Corp. and Salazar Resources Ltd. are pleased to provide an update on exploration activities at the Rosa de Oro and Carmen de Pijili concessions of the Pijili project located in western Azuay province, southwestern Ecuador. The Pijili project consists of three concessions which total 3,246 hectares and is located approximately 150 km from the major port city of Guayaquil. The project is controlled by the [...]
Salazar Resources Ltd. announces the granting of stock options to directors and officers of the Company for the purchase of up to 1,384,000 common shares of the Company, at a price of $0.29 per share, for a period of five years. The options shall vest at one-third per year over three years. In addition, pursuant to the restricted share unit plan adopted by the Company in September 2020, the Company granted 560,000 [...]
Adventus Mining Corp. and Salazar Resources Ltd. are pleased to announce additional infill drilling results from the El Domo volcanogenic massive sulphide deposit located within the 21,537-hectare Curipamba project in central Ecuador. Infill drilling for the ongoing feasibility study is completed at El Domo for 53 infill definition drill holes totaling 5,348 metres. Highlights - Drill Results from the El Domo Deposit at [...]
Adventus Mining Corp. and Salazar Resources Ltd. are pleased to announce continued infill drilling results from the El Domo volcanogenic massive sulphide deposit located within the 21,537-hectare Curipamba project in central Ecuador. Infill drilling for the ongoing feasibility study continues at El Domo with two diamond drill rigs having completed 42 infill definition drill holes totaling 4,725 metres from the planned [...]
Adventus Mining Corp. and Salazar Resources Ltd. are pleased to announce continued infill drilling results from the El Domo volcanogenic massive sulphide deposit located within the 21,537-hectare Curipamba project in central Ecuador. Infill drilling for the ongoing feasibility study continues at El Domo with two diamond drill rigs having completed 36 infill definition drill holes totaling 3,908 metres from the planned [...]
Salazar Resources Ltd. reports initial assay results from the wholly-owned Los Osos project in El Oro. The first two holes, OSO-01 and OSO-02 were completed in December 2020, at depths of 644 meters and 576 m respectively. The holes focused on hydrothermal breccias and intrusive diorites with porphyry copper-gold potential. Encouragingly, the drilling has intercepted significant zones of mineralization that are consistent [...]
Adventus Mining Corp. and Salazar Resources Ltd. are pleased to announce continued infill drilling results from the El Domo volcanogenic massive sulphide deposit located within the 21,537-hectare Curipamba project in central Ecuador. Infill drilling continues at El Domo with two diamond drill rigs with 30 infill definition drill holes having been successfully completed totaling 3,137 metres from the planned 4,960 metres [...]
Salazar Resources Ltd. is pleased to announce the closing of its non-brokered private placement, announced January 26, 2021, by issuing a total of 18,572,000 common shares of the Company at a price of C$0.35 per Share for gross proceeds to the Company of C$6,500,200. Finders' fees totalling 6% cash and 1,114,320 share purchase warrants were paid and issued on this Private Placement. Each Finder's Warrant entitles the [...]
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