Fredy Salazar

CEO & President

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.

Freddy D. Salazar

Manager, Corporate Development; Company Secretary

Freddy David Salazar holds a BA (hons) in Global Financial Management from Regent's Business School, London and Ecuadorian certifications in Tax. Freddy David joined the Company in 2010 and since 2014 has overseen transactions and new business for Salazar Resources. He is completing an MA in Tax at Universidad Andina Simon Bolivar, Quito.

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.

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.

Francisco Soria Venegas, P.Geo

Exploration Manager

Francisco. Soria has 39 years experience as a geologist, principally in Ecuador. He worked 8 years at Newmont Overseas Exploration Ltd. from 1990 - 1998 and was “Cangrejos” Project Manager (Copper-Gold Porphyry 1.6 mill oz Au). He was  Senior Geologist for the International Minerals Company for 4 years (1999-2002), being an integral part in the discovery of the Rio Blanco Deposit (0.7 mill oz Au, 5.00 mill oz Ag) and Gaby (estimated 3 mill oz Au). Francisco is a key part of the Salazar team with his vast knowledge of Gold-Copper Porphyry deposits in Ecuador. Since 2005 he has led the exploration team in Salazar Resources Limited.

Carlos Aguila Guevara

Senior Geologist

Carlos Aguila is a graduate in geology from Central University, Ecuador and holds a Master’s Degree in Business Management (Energy & Mining). He has 33 years’ experience in the minerals sector, including thirteen years with International Minerals Corp (IMZ) which involved work on the Gaby and Rio Blanco porphyries in Ecuador and the Pallancata silver deposit in Peru. In 2006-2009 Carlos worked for Mariana Resources in Ecuador, Argentina and Chile. Since 2009 Carlos has worked largely for Salazar Resources, apart from 2015-2018 spent as Mining Director at INIGEMM, Ecuador

Kieran Downes

Qualified Person

Kieran Downes has over 40 years diversified experience in gold, base metals, uranium and diamond exploration. He holds a B.Sc. (Hons.) in Geology from University College Galway (1971) and a Ph.D. in Geology from Dublin University (1974). He was a Post-Doctoral Fellow at the Institute for Industrial Research & Standards, Dublin (1974-1977). He is a Registered Professional Geologist in British Columbia and president of Tristia Ventures Corp., a company providing services in mineral exploration, property valuation and geochemistry. Kieran is currently President, CEO and Director of Bessor Minerals Inc.

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