The fully carried farm out on its maiden discovery enables the experienced Salazar Resources team to focus on making the next major discovery in Ecuador within its 100% owned portfolio.
On December 23, 2024 Salazar announced the signing of a binding agreement for the purchase of ecuadorian exploration properties from Silvercorp Metals Inc. See press release here
On July 28, 2025 Salazar annouced the signing of the definitive agreement for the purchase of Ecuadorian exploration properties from Silvercorp Metals Inc.. See press release here
With this transaccion, Salazar Resources now holds 100% ownership of highly prospective projects:
- Santiago and Pijilí Projects – Located in the Miocene Metallogenic Belt-Western Andean Belt - featuring both porphyry and epithermal targets.
- Tarqui and Quimi Projects – Situated in the Zamora Metallogenic Belt, between the Mirador Mine and San Carlos – Panantza project and featuring porphyry targets.
Salazar Resources has an aggressive exploration strategy on its wholly owned portfolio within Ecuador, focused on existing properties and new licence applications. Ecuador is an exciting and under-explored mining destination, with a government highly supportive of the development of a responsible mining industry.
The Company’s licences are situated within some of the country’s most prospective mining districts. This has been achieved due to the team’s unrivalled understanding of the geology in-country and its strong network, developed because of its Ecuadorian heritage.
