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Salazar Resources Ltd.: QP Appointment and Addition of Second Rig at Curimpamba
Published : April 12, 2011
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Keywords :   1971 | Ecuador | Market |

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 12, 2011) - Salazar Resources Ltd. (News - Market indicators)(FRANKFURT:CCG) Mr. Fredy Salazar, President and CEO, is pleased to announce the appointment of Kieran Downes as the Qualified Person for the Curipamba project.

Mr. Downes is an accomplished mining professional who holds a B.Sc. in Geology from University College Galway (1971) and a Ph.D. in Geology from Dublin University (1974). Among his credentials, he was a Post-Doctoral Fellow at the Institute for Industrial Research & Standards, Dublin (1974-1977) before joining Minatome S.A. of Paris as an exploration geologist. He served as a senior Exploration Manager with Cameco Corporation until 1992. From 1992 to March 2011 Mr. Downes was President, CEO and QP for Golden Peaks Resources Ltd. a TSX listed junior exploration company with a focus on resource properties in Latin America. Mr. Downes is fluent in Spanish and has experience in VMS deposits.

Mr. Salazar says, "We welcome Mr. Downes to the Company and look forward to working with him in developing the exciting potential of the Curipamba project."

In addition, the Company is pleased to report that the recently purchased Hydracore model 4000 drill rig has now been mobilized at Curipamba. The company now has two drill rigs dedicated to the Curipamba project. One drill will be used for delineation and infill drilling on the El Domo deposit and the second will be used for testing the numerous untested drill targets within the Curipamba property.

ON BEHALF OF THE BOARD OF SALAZAR RESOURCES LIMITED 

Fredy Salazar, President & CEO

Salazar Resources Limited

Salazar Resources Ltd. is a publicly-listed (News - Market indicators)(FRANKFURT:CCG) mineral resource company engaged in the exploration and development of new highly prospective areas in Ecuador. Led by a senior Ecuadorian management team and most notably by its namesake Fredy Salazar, this team has been instrumental in other major discoveries throughout Ecuador. Being an Ecuadorian based company gives the company a strategic advantage enabling the company to complete exploration at a rapid pace. With an excellent property portfolio (3 projects- 42,900 hectares), good geopolitical positioning and a number of strategic corporate and financial partnerships, Salazar has positioned itself to be a strategic player in Ecuador and throughout South America.

Statements contained in this news release that are not historical facts are forward-looking statements, which are subject to a number of known and unknown risks, uncertainness and other factors that may cause the actual results to differ materially from those anticipated in the forward looking statements. Although we believe that the expectations in the forward-looking statements are reasonable, actual results may vary, and future results, levels of activity, performance or achievements cannot be guaranteed.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Salazar Resources Ltd.
Greig Hutton
519-473-9998
ghutton@salazarresources.com
www.salazarresources.com
Data and Statistics for these countries : Ecuador | All
Gold and Silver Prices for these countries : Ecuador | All

Salazar Resources Ltd

EXPLORATION STAGE
CODE : SRL.V
ISIN : CA7940071045
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Salazar is a copper and zinc exploration company based in Canada.

Salazar holds various exploration projects in Ecuador.

Its main exploration properties are RUMINAHUI, MENDEZ, CURIPAMBA and SANTIAGO ECUADOR in Ecuador.

Salazar is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 9.7 millions as of today (US$ 7.2 millions, € 6.4 millions).

Its stock quote reached its highest recent level on April 27, 2007 at CA$ 4.22, and its lowest recent point on November 13, 2015 at CA$ 0.03.

Salazar has 114 150 000 shares outstanding.

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Financings of Salazar Resources Ltd
3/31/2015Provides Update on Promissory Note Financing
9/17/2013Announces Final Closing of Private Placement
6/10/2013Announces Initial Closing of Private Placement
Nominations of Salazar Resources Ltd
4/12/2011.: QP Appointment and Addition of Second Rig at Curimpamba
Project news of Salazar Resources Ltd
6/1/2011(Curipamba)Continues to Cut High Grade in Curipamba With 7.95 Meters of...
5/24/2011(Curipamba)Hits New High Grade at Curipamba With 15.6 Meters of 1.59 g/...
4/28/2011(Curipamba)Cuts 21.43 Meters of 4.01 g/t Gold & 3.23% Copper in Curipam...
1/25/2011(Curipamba)Will Drill 20,000 Metres at Curipamba in 2011
Corporate news of Salazar Resources Ltd
8/2/2016SMr. Fredy Salazar, President and CEO, is pleased to announc...
8/2/2016Mr. Fredy Salazar is pleased to report that the Company has ...
6/14/2016Salazar Provides Update on its Recapitalization Plan More...
5/10/2016Salazar Announces The Resignation Of Graeme Robinson More...
4/27/2016Salazar Announces Delay Of Financing More...
4/27/2016Salazar Announces Closing Of Private Placement And Debt Sett...
4/12/2016Salazar Announces Terms For Financing And Royalty Sale With ...
12/23/2015Salazar Announces Results Of Annual General Meeting More...
3/31/2015Salazar Provides Update On Promissory Note Financing More...
3/31/2015Salazar Provides Update on Promissory Note Financing
3/31/2015Salazar sells up to us$600,000 of promissory notes More...
3/31/2015Sells Up to US$600,000 of Promissory Notes
3/31/2015Salazar Sells Up to US$600,000 of Promissory Notes
1/22/2015Salazar Files Amended Technical Report More...
1/22/2015Salazar Files Amended Technical Report
12/16/2014Salazar Provides Corporate Update More...
12/16/2014Salazar Provides Corporate Update
10/27/2014Salazar Provides Update on Curipamba Agreement
9/25/2014Salazar Announces Results of Annual General and Special Meet...
8/26/2014Salazar and Guangshou Group Announce Letter-Of-Intent to Adv...
8/22/2014Salazar Retains Questrade Inc.
5/6/2014Salazar Provides Update on $1.98 Million Private Placement
4/10/2014REPEAT: Salazar Provides Update on El Domo Development
4/9/2014Salazar Provides Update on El Domo Development
3/26/2014Salazar Announces $1.98 Million Private Placement Financing
5/13/2013Announces Further Funding
5/13/2013Announces Further Funding
4/23/2013Proceeds with PEA at El Domo
3/26/2013(Curipamba)Announces Funding Agreement to Advance Curipamba to Producti...
7/12/2011Updating El Domo Mineral Resource Estimate
6/22/2011James Hutton Appointed Director of Salazar Resources Ltd.
6/16/2011Extends High Grade With 12.8 Meters of 4.01 g/t Gold, 137.85...
5/10/2011(Curipamba)Extends High Grade Copper & Gold Mineralization in Curipamba...
3/28/2011Corporate Update and Plan for 2011 Mining Contracts in Ecuad...
3/3/2011Expands El Domo Resources With 16.08 m of 3.27 g/t Gold, 74....
2/23/2011Hutton to Join Salazar Resources as Manager of Investor Rela...
2/23/2011Discovers New Gold Zone 300m From El Domo VMS Deposit
4/20/2007Continuation of Channel Sampling at Curipamba Returns 10 m a...
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TSX-V (SRL.V)FRANKFURT (SRLZF.F)
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