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.
Salazar Resources has an aggressive exploration strategy on its wholly owned portfolio within Ecuador, focused on three 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.
Of its six 100% owned exploration licences in Ecuador and Colombia, Rumiñahui, Macara Mina and Los Osos, all of which are in Ecuador, are the core focus of the Company’s near-term activities.