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. Read the December 2024 news release
- On July 28, 2025, Salazar announced the signing of the definitive agreement for the purchase of Ecuadorian exploration properties from Silvercorp Metals Inc. Read the July 2025 news release
With this transaction, Salazar Resources now holds 100% ownership of highly prospective projects:
- El Tigre and Monja Projects – Located in the Alamor–Lancones Basin of Loja Province, southern Ecuador, and featuring VMS and porphyry-epithermal targets respectively.
- Tarqui and Quimi Projects– Located in the Zamora Metallogenic Belt, between the Mirador Mine and San Carlos – Panantza project and featuring porphyry targets.
- Santiago and Pijilí Projects– Located in the Miocene Metallogenic Belt-Western Andean Belt - featuring both porphyry and epithermal 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.
