Fredy Salazar

President & CEO

Fredy Salazar is a professional geologist registered in Ecuador and he holds a bachelor’s degree in geology and a master’s degree in environmental sciences from Central University, Quito. From 1988 through 2000, Fredy worked in the mineral resource sector throughout Ecuador, including eight years with Newmont Overseas Exploration Ltd from 1990. He was Newmont’s regional exploration geologist, reviewing and evaluating over 100 gold prospect submittals. Mr. Salazar has an extensive and detailed knowledge of Ecuador’s geological potential. During a worldwide downturn in resource exploration activities  Newmont left Ecuador in 2001 and Fredy formed an environmental consulting company, Congeminpa Ltda., which became one of Ecuador’s most important Environmental Consulting firms. In 2004, Fredy resumed resource exploration and he was instrumental in Aurelian Resource’s acquisition of its Fruta del Norte property. In 2007 he founded Salazar Resources Limited and listed the Company on the TSX Venture Exchange.

Pablo Acosta

Director, CFO

Pablo Acosta is an Ecuadorian certified public accountant and has been a director and officer of several private companies in Ecuador since 1985. He earned his bachelor of commerce from the Pontificia Universidad Catelica del Ecuador (PUCE), Quito Ecuador, 1987; audit manager at Romero & Asociados from 1985 to 1987; managed Bermudez & Asociados Cia. Ltda. audit department from 1987 to 2003. Pablo has specialized in providing accounting, external auditing, project and operations auditing, instructors training, company valuations, finance management, cost and budget planning, quality management standards, and environmental matters. He has worked with Fredy Salazar since 2003

Nick DeMare


Nick DeMare is a chartered accountant and has been a director and officer of many publicly listed companies in Canada since 1986. Nick earned his bachelor of commerce from the University of British Columbia in May, 1977. Since 1991, as president of Chase Management Ltd., he has specialized in providing accounting, management, securities regulatory compliance and corporate secretarial services to companies listed on the TSX-V and its predecessors. Nick is currently a director and/or officer of several TSX-V-listed companies.

Merlin Marr-Johnson

Non-Executive Director

Merlin Marr-Johnson is a graduate in geology from Manchester University and holds a Master’s Degree in Mineral Deposit Evaluation from the Royal School of Mines, Imperial College. He has 29 years’ experience in the minerals sector, including work as an exploration geologist for Rio Tinto, an analyst for HSBC and a portfolio manager for Blakeney Management. Merlin has worked on projects in South America, Africa, Central Asia and Europe, and as CEO he has brought two companies to AiM, London. He speaks several languages, including Spanish.

Etienne Walter

Non-Executive Director

Etienne Walter is the honorary consul general of the Republic of Ecuador, with jurisdiction over the provinces of Alberta and British Columbia, the Northwest Territories and the Yukon Territory. His appointment was in December, 1993, with recognition by the Canadian government since March 17, 1994. He earned his diploma in hotel management and financial administration from the Ecole Hotelier de la Societe Suisse des Hoteliers in Lausanne, Switzerland, in November, 1972. Since coming to Canada in 1975, Etienne worked for public and private corporations until forming his own company, Andes Trade and Investment Ltd.

Mary Gilzean

Non-Executive Director

Mary has over 25 years of experience in international mineral exploration and human resources management. She has lived and worked in Africa, Europe, and North and South America with Teck Resources and BHP Billiton. Mary is a graduate in geology from Stanford University and holds a Master’s Degree in geology from the University of California, Berkeley.  She has served on the boards of several non-profit organizations in the Vancouver area.


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