Discover, de-risk and define commercial deposits.
Salazar Resources aims to build on its proven discovery track record and make the country’s next commercial copper-gold discovery. It is currently advancing three grassroots exploration projects in Ecuador which provide multiple value catalysts:
- Los Osos (a gold-copper porphyry target)
- Macara Mina (a gold and base metal VMS target)
- Rumiñahui (a gold-copper porphyry target)
The Company aims to advance projects through exploration prior to finding a partner for non-core projects. Salazar Resources will retain one project on a 100% basis to drive wholly-owned growth and value creation. This approach will allow Salazar Resources to drive its top project and maintain exposure to future development and production upside with minimal dilution on the rest of the portfolio. To that effect, its Curipamba VMS discovery is now being advanced by Adventus Mining and the 25% fully carried stake means that the value of Salazar Resources is underpinned and non-diluting, with further upside potential from the wholly-owned portfolio and the Company’s proven ability to find new projects and advance discoveries in Ecuador.
Core to all of its activities is the team’s commitment to ensuring that it has a positive impact on Ecuadorian communities and the economy.