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Salazar Resources Gears Up for Busiest Ever Exploration Program, Drilling Four Copper and Gold Exploration Licences; Drilling Resumes at Los Osos
Highlights:
- Drilling resumes at Los Osos. OSO-03 starts, and assays from OSO-01 and OSO-02 are pending
- Copper-gold targets to be tested in a 3,000m drill program at Rumiñahui in Q2
- Field work at Los Santos has already started to generate targets for a 3,000 m drill program in H2
- Field geophysics at Macara Mina is complete, with interpretation ongoing. Drilling is planned to start as soon as relevant permits are received
Fredy Salazar commented: "2021 represents the culmination of many years of significant engagement with the Ecuadorian communities where we work, and careful preparation of drill targets by our geological team. Never before have we drilled more than one project in a year, but this year we plan to drill at least three properties, hopefully four, providing us with numerous potential value catalysts. We are particularly mindful of Ecuador's need for local job creation after a year of disruption. Salazar is investing in exploration across the country this year and we hope to make a new mineral discovery that will stimulate further investment and create long-term wealth for the community and for Ecuador as whole."
"In addition, we are thrilled with the tremendous progress at El Domo. The feasibility study is on track for completion later this year, and it is great that infill drilling results, such as the recently reported 4.2 m at 45% copper equivalent, reaffirm the quality of the deposit."
https://www.newsfilecorp.com/release/71999
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