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Project: | Curipamba | |
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Deposit: | El Domo | |
Location: | Ecuador | |
Commodities: | Copper-Zinc-Lead-Gold-Silver | |
Date: | 8/14/2017 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 14-8-2017: Salazar Resources Ltd. announces an Exploration/Drilling Update report for its El Domo deposit at the Curipamba project. Drilling results incl. 1.47m @ 1.47g/t Au, 10.9g/t Ag, 7.42% Cu, 1.01% Zn from 282.85m. Vancouver, British Columbia, August | |
Resources: | (not mentioned in this report) | |
CP/QP: | [Overall Report]: Kieran Downes (Not stated) | |
ABSTRACT: | Vancouver, British Columbia, August 14, 2017- Salazar Resources Limited (TSX.V: SRL; FRANKFURT: CCG.F) (“Salazar” or the “Company”) is pleased to report results from an additional ten holes (2,791metres) of the phase V diamond drill, program that is in progress on the Company’s 100-per-cent owned (21,500 ha) Curipamba volcanogenic massive sulphide (VMS) project in Ecuador. These holes represent new exploratory and development drilling and were not included in the latest El Domo resource estimate which was released on January 16th, 2015. Fredy Salazar, President and CEO, commented: “We are moving forward with the intended exploration towards the east of El Domo.The mineralization intersected in CURI-231and CURI-234 has shed new light on mineralization trends, and lithological and structural settings, on the eastern flankthus, helping us understand better the local and regional potential of this VMS body.” Salazar Resources Ltd. is a publicly-listed (TSXV: 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, IAMGold's Quimsacocha Deposit, Mozo Deposit, Ex Newmont's Cangrejos Project and International Minerals Rio Blanco and Gaby Deposit. Being an Ecuadorian-based company gives the Company a strategic advantage enabling the Company to complete exploration at a rapid pace. With an excellent property portfolio (4 projects – 36,269 hectares), good geopolitical positioning and a number of strategic corporate and financial partnerships, Salazar has positioned itself to be a strategic player in Ecuador. | |
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