Salazar Resources is Ecuador’s proven and trusted exploration company, focused on creating value and positive change through discovery, exploration and development. Its carried and wholly owned work programs present multiple significant growth catalysts.
The experienced team has a proven track record and an unrivalled understanding of the geology in-country, having played an integral role in the discovery of most of the major projects in Ecuador, including the two newest operating gold and copper mines.
Salazar Resources is in a strong position. It has steady income and a significant carried work program on the Curipamba development project and two exploration projects, Pijili and Santiago. A 2019 PEA at Curipamba highlighted the value of the El Domo deposit, with Measured and Indicated resources of 8.9 Mt at 5% Cu eq. contributing to an NPV (7.5%) of US$288 million. Salazar Resources also has an aggressive 100% owned exploration strategy in an exciting and under-explored mining destination, presenting investors with a range of value catalysts. The 25% fully carried stake in its maiden discovery, Curipamba, means that the value of Salazar Resources is underpinned and non-diluting, with further upside potential from the wholly-owned portfolio and the Company’s proven ability to find new projects and advance discoveries in Ecuador.