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Salazar Resources Ltd.
Summary
| Project: | Curipamba | |
|---|---|---|
| Deposit: | El Domo | |
| Location: | Ecuador | |
| Commodities: | Copper-Zinc-Lead-Gold-Silver | |
| Date: | 9/8/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 8-9-2017: Salazar Resources Ltd. announces an Exploration/Drilling Update report for its El Domo deposit at the Curipamba project. Drilling results incl. 36.79m @ 5.00g/t Au, 53.40g/t Ag, 2.93% Cu, 0.21% Pb, 2.90% Zn from 56.5m. Vancouver, British Columbi | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Kieran Downes (Not stated) | |
| ABSTRACT: | Vancouver, British Columbia, September 8, 2017- Salazar Resources Limited (TSX.V: SRL; FRANKFURT: CCG.F) (“Salazar” or the “Company”) is pleased to report results from the last eight holes (2,430.30 metres) of the phase V diamond drill program that was completed on the Company’s 100-per-cent owned (21,500 ha) Curipamba volcanogenic massive sulphide (“VMS”) project in Ecuador. Five holes represent new exploratory and development drilling around the El Domo resource and were not included in the latest El Domo resource estimate which was released on January 16, 2015. Three holes were drilled in the Barranco Colorado area, which is within the Curipamba project, to test regional exploration targets. The latest eight holes (2,430.30 metres) (Table 1) were drilled as part of the planned 40-hole (10,000 metres) drill program that was completed with the purpose of expanding the El Domo VMS deposit and exploring its margins, as well as testing geophysical anomalies and surface showings around the Curipamba Project (Figure 1). The drilling activities of the program ended on August 7th, 2017. A total of 36 holes (10,472.62 metres) were drilled. Thirty-three (33) holes were drilled in and around the El Domo deposit and three (3) holes were drilled in the Barranco Colorado area. In addition to the significant intersections being reported here, five (5) other holes intersected significant mineralization: CURI-213, CURI-218, CURI-224, CURI-231and CURI-234 ( News Releases of March, May and August 2017). | |
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