The 100% owned exploration licence covers 2,910 hectares and is located approximately 100 km northwest of Quito. Salazar Resources successfully secured an access agreement, testament to its strong local relationships, allowing field work to progress in 2020, and drilling to take place in 2021.
Two diamond drillholes were completed at Rumiñahui for a total depth of 1,327 m. The holes, RUMI-001 and RUMI-002 intersected a thick complex of serpentinites intercalated with serpentinized basalts and diorite intrusions. The alteration and metamorphism appears to be related to the regional shear zone, with the dominant minerals being chlorite, serpentine, illite, and actinolite. Sulphide mineralization is weak with small amounts of pyrite and traces of disseminated chalcopyrite associated with localized micro-veinlets, and very ocasionally in larger veins.