Salazar Resources Provides Update on $3M Financing
Vancouver, British Columbia--(Newsfile Corp. - December 29, 2022) - SALAZAR RESOURCES LIMITED (TSXV: SRL) (OTCQX: SRLZF) (FSE: CCG) ("Salazar" or the "Company") is pleased to provide an update on the non-brokered private placement financing (the "Private Placement") announced on October 24, 2022, November 28, 2022, and December 9, 2022. To date the Company has raised gross proceeds of $2,631,479 by issuing, in aggregate, 26,314,796 common shares (the "Shares") at a price of $0.10 per Share. The Shares issued are...
2022-12-29 5:30 PM EST
Salazar Resources Provides Update on $3M Financing
Vancouver, British Columbia--(Newsfile Corp. - December 9, 2022) - SALAZAR RESOURCES LIMITED (TSXV: SRL) (OTCQX: SRLZF) (FSE: CCG) ("Salazar" or the "Company") is pleased to provide an update on the non-brokered private placement financing (the "Private Placement") announced on October 24, 2022 and November 28, 2022. To date the Company has raised gross proceeds of $2,229,758 by issuing, in aggregate, 22,297,581 common shares (the "Shares") at a price of $0.10 per Share. The Shares issued are subject to a...
2022-12-09 4:30 PM EST
Salazar Provides Update on Wheaton Funding of El Domo Development
Vancouver, British Columbia--(Newsfile Corp. - December 5, 2022) - SALAZAR RESOURCES LIMITED (TSXV: SRL) (OTCQX: SRLZF) (FSE: CCG) ("Salazar" or the "Company") is pleased to announce that it has been advised by Adventus Mining Corporation that they have completed all conditions precedent to receive a US$13 million early deposit (the "Early Deposit") from Wheaton Precious Metals International Ltd. ("Wheaton"). The funds are part of the US$175.5 million precious metals stream commitment to the El Domo copper-gold project. The Early...
2022-12-05 4:58 PM EST
Salazar Resources Announces Initial Closing of $3 Million Private Placement
Vancouver, British Columbia--(Newsfile Corp. - November 28, 2022) - SALAZAR RESOURCES LIMITED (TSXV: SRL) (OTCQX: SRLZF) (FSE: CCG) ("Salazar" or the "Company") is pleased to announce the initial closing of the non-brokered private placement financing (the "Private Placement") announced on October 24, 2022. To date the Company has raised gross proceeds of $1,980,187 by issuing a total of 19,801,872 common shares (the "Shares") at a price of $0.10 per Share. The Shares issued are subject to a four month...
2022-11-28 6:45 AM EST
Salazar Announces Award of Mining Contract for El Domo Copper-Gold Project
Vancouver, British Columbia--(Newsfile Corp. - November 17, 2022) - SALAZAR RESOURCES LIMITED (TSXV: SRL) (OTCQX: SRLZF) (FSE: CCG) ("Salazar" or the "Company") is pleased to announce that negotiations have concluded for the award of the open pit mining contract to a joint-venture between STRACON S.A., a well-established Peruvian mining contractor with operations throughout the Americas, and RIPCONCIV, a large and respected Ecuadorian infrastructure construction contractor ("STRACON-RIPCONCIV JV") for the development of the El Domo - Curipamba copper-gold project located in...
2022-11-17 4:23 PM EST
Salazar Resources Announces Private Placement of up to $3 Million
Vancouver, British Columbia--(Newsfile Corp. - October 24, 2022) - SALAZAR RESOURCES LIMITED (TSXV: SRL) (OTCQX: SRLZF) (FSE: CCG) ("Salazar" or the "Company") is pleased to announce that the Company has arranged a non-brokered private placement (the "Private Placement") for the sale of up to 30,000,000 common shares (the "Shares") of the Company at a price of C$0.10 per Share to raise gross proceeds of up to C$3,000,000. Insiders led by Fredy Salazar and current shareholders of Salazar Resources Limited...
2022-10-24 6:45 AM EDT
Financing Agreements Finalized with Trafigura to Secure up to US$55 Million for Development of El Domo - Curipamba Copper-Gold Project
Vancouver, British Columbia--(Newsfile Corp. - August 5, 2022) - SALAZAR RESOURCES LIMITED (TSXV: SRL) (OTCQX: SRLZF) (FSE: CCG.F) ("Salazar" or the "Company") is pleased to announce that Adventus Mining Corporation ("Adventus") has entered into definitive agreements that constitute the Offtake Financing Agreement (the "OFA") with Trafigura Pte Ltd ("Trafigura") which secures up to US$55 million towards the advancement of the El Domo-Curipamba copper-gold project (the "El Domo Project"). This follows the binding commitment previously announced on January 17, 2022, together...
2022-08-05 1:19 PM EDT
Salazar Resources Drilling Update - New Gold Zone Intersected at Los Santos
Vancouver, British Columbia--(Newsfile Corp. - June 22, 2022) - SALAZAR RESOURCES LIMITED (TSXV: SRL) (OTCQX: SRLZF) (FSE: CCG) ("Salazar" or the "Company") is pleased to announce the final results from the 2,575m Los Santos exploration drilling program, where drilling has intersected a significant new gold zone. A total of 13 holes were drilled, with the drilling results from four holes reported on May 31, 2022. The assays from the remaining nine holes are reported here. Two holes were drilled into...
2022-06-22 7:00 AM EDT
Salazar Reports Trench and Drill Results from Los Santos
Vancouver, British Columbia--(Newsfile Corp. - May 31, 2022) - SALAZAR RESOURCES LIMITED (TSXV: SRL) (OTCQX: SRLZF) (FSE: CCG) ("Salazar" or the "Company") is pleased to announce sampling results and an update on the Los Santos drill program. Phase 1 drilling is complete at Los Santos, El Oro Province, with thirteen holes completed for a total of 2,575 meters ("m"). Results from four holes have been received, with assays pending for nine holes. Results from channel sampling and trenches are also...
2022-05-31 6:45 AM EDT
Salazar Reports 20.2 g/t Au and 1,217 g/t Ag in Grab Sample, and Visible Gold in Drill Core at Los Santos, Partial Assays Received from Ruminahui
Vancouver, British Columbia--(Newsfile Corp. - February 23, 2022) - SALAZAR RESOURCES LIMITED (TSXV: SRL) (OTCQX: SRLZF) (FSE: CCG) ("Salazar" or the "Company") is pleased to announce sampling results and an update on drilling progress. At Los Santos, channel and rock chip samples from the Brecha Sur and Leon prospect areas confirm gold, copper, and silver mineralization. A Phase 1 drill program is underway at Los Santos, El Oro Province, with two holes completed for a total of 526 meters ("m")....
2022-02-23 6:45 AM EST
Salazar Announces New Mineralized Discoveries at Los Santos
Vancouver, British Columbia--(Newsfile Corp. - December 13, 2021) - SALAZAR RESOURCES LIMITED (TSXV: SRL) (OTCQX: SLRZF) (FSE: CCG) ("Salazar" or the "Company") is pleased to announce that initial work at the Los Santos project in El Oro, Ecuador, has identified six new target zones with copper ("Cu") and gold ("Au") mineralization. A Phase 1 drill program of at least 1,200 meters ("m") will start in January on three targets. Los Santos is adjacent to Lumina Gold's Cangrejos project that contains...
2021-12-13 6:45 AM EST
Salazar Resources Signs Option to Acquire The Los Santos Gold Project, El Oro, Ecuador
Vancouver, British Columbia--(Newsfile Corp. - December 3, 2021) - SALAZAR RESOURCES LIMITED (TSXV: SRL) (OTCQX: SRLZF) (FSE: CCG.F) ("Salazar Resources" or the "Company") is pleased to announce it has entered into a mining option and shareholders' agreement ("the Definitive Agreement") with Minera Mesaloma S.A. and other arm's length parties (collectively, the "Optionor"), and Santos Resources Ltd. ("Canco") pursuant to which Salazar Resources has the option (the "Option") to acquire, indirectly by way of the acquisition of shares of Canco,...
2021-12-03 6:45 AM EST
Salazar Resources Announces Extensive Gold Mineralisation in the El Potro Lithocap, Loja, Ecuador
Vancouver, British Columbia--(Newsfile Corp. - November 30, 2021) - SALAZAR RESOURCES LIMITED (TSXV: SRL) (OTCQX: SRLZF) (FSE: CCG.F) ("Salazar Resources" or the "Company") is pleased to report that channel sampling of the lithocap outcrop at El Potro in southern Ecuador, acquired in September 2021, has delivered extensive gold mineralization. Saw-cut channel sampling of 86.7 meters ("m") in length returned a composite average of 1.40 g/t gold ("Au"), paving the way for ongoing exploration.Highlights:El Potro, acquired in September 2021, has...
2021-11-30 6:45 AM EST
Salazar Resources Starts 3,000 Meter Drill Program at Rumiñahui, Pichincha, Ecuador
Vancouver, British Columbia--(Newsfile Corp. - October 22, 2021) - SALAZAR RESOURCES LIMITED (TSXV: SRL) (OTCQX: SRLZF) (FSE: CCG.F) ("Salazar Resources" or the "Company") is pleased to announce that it has started a c. 3,000 meter (m) diamond drill program at its 100% held Rumiñahui project in northern Ecuador.HighlightsThe Rumiñahui concessions cover 2,910 hectares and exhibit several historic adits and workings at the Company's primary target, the San Francisco anomalyMapping and sampling have indicated the presence of gold-bearing sulphide mineralization, porphyry-style...
2021-10-22 6:45 AM EDT
Salazar Resources Announces Results of Annual General Meeting
Vancouver, British Columbia--(Newsfile Corp. - October 15, 2021) - SALAZAR RESOURCES LIMITED (TSXV: SRL) (OTCQX: SRLZF) (FSE: CCG) ("Salazar Resources" or the "Company") announces that at the annual general meeting of shareholders of the Company (the "Meeting") held on October 14th, 2021, the shareholders elected Messrs. Fredy Salazar, Pablo Acosta, Nick DeMare, Etienne Walter, Merlin Marr-Johnson and Ms. Mary Gilzean as directors of the Company. The shareholders also passed all other resolutions including an ordinary resolution to ratify and...
2021-10-15 6:45 AM EDT
Salazar Resources Acquires Mineral Title to El Potro Copper-Gold Project, Loja, Ecuador
Vancouver, British Columbia--(Newsfile Corp. - September 20, 2021) - SALAZAR RESOURCES LIMITED (TSXV: SRL) (OTCQX: SRLZF) (FSE: CCG) ("Salazar Resources" or the "Company") is pleased to announce that it has acquired the mineral title to the 1,175 hectare ("ha") Correa-Jiron Concession 601062 ("El Potro") in the mineral-rich Loja porphyry district, Ecuador for an initial payment of US$50,000. Following due diligence, the Company believes that El Potro is a new porphyry discovery with significant exploration potential.Highlights Multiple indications that El Potro...
2021-09-20 6:45 AM EDT
Salazar Resources Announces Phase 1 Drilling Completed at Los Osos
Vancouver, British Columbia--(Newsfile Corp. - August 13, 2021) - SALAZAR RESOURCES LIMITED (TSXV: SRL) (OTCQX: SRLZF) (FSE: CCG) ("Salazar" or the "Company") is pleased to announce that it has completed Phase 1 drilling at its wholly-owned Los Osos project in El Oro, Ecuador ("Los Osos"), and to report the results from the final three holes drilled. In total, six holes were completed, comprising 3,785 metres ("m"), during the Phase 1 program. Highlights:OSO-05 returned mineralized intervals to a depth of 796...
2021-08-13 6:45 AM EDT
Salazar Resources Announces Commencement of Trading on the OTCQX Market
Vancouver, British Columbia--(Newsfile Corp. - July 22, 2021) - SALAZAR RESOURCES LIMITED (TSXV: SRL) (OTCQX: SRLZF) (FSE: CCG) ("Salazar" or the "Company") is pleased to announce its successful upgrade from the OTCQB® Venture Market to the OTCQX® Best Market under the ticker symbol "SRLZF". Salazar will continue to trade on the TSX Venture Exchange in Canada as its primary listing under the symbol "SRL" and on the Frankfurt Stock Exchange under the symbol "CCG.F". Fredy E. Salazar, CEO and...
2021-07-22 6:45 AM EDT
Salazar Resources Appoints New Director
Vancouver, British Columbia--(Newsfile Corp. - June 14, 2021) - SALAZAR RESOURCES LIMITED (TSXV: SRL) (OTCQB: SRLZF) (FSE: CCG) ("Salazar" or the "Company") has appointed Ms. Mary Gilzean as a director of the Company. Fredy E. Salazar, CEO and President, commented, "On behalf of the Salazar Resources team, I am delighted to welcome Mary to the Board of Directors. She brings a wealth of expertise that will be an asset as we target the next great copper-gold discovery in Ecuador. As well...
2021-06-14 6:45 AM EDT
Salazar Resources Drilling Returns 240 m @ 0.4 g/t, 0.1% Cu from 7 m; Mineralization Open in All Directions at Los Osos
Vancouver, British Columbia--(Newsfile Corp. - June 8, 2021) - SALAZAR RESOURCES LIMITED (TSXV: SRL) (OTCQB: SRLZF) (FSE: CCG) ("Salazar" or the "Company") is pleased to announce that its latest drill holes, OSO-03 and OSO-05, confirm the widespread presence of mineralization from surface to depth at its wholly-owned Los Osos project in El Oro, Ecuador ("Los Osos"). Between the two holes, Salazar has identified mineralization over 400 m, open in all directions and at depth.Highlights:OSO-03 returned significant mineralized intervals to a...
2021-06-08 6:45 AM EDT