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DJ IRW-PRESS: Salazar Resources Ltd.: Salazar erbohrt 28,2 g/t Gold, 359,5 Silber, 8,86% Kupfer und 20,45% Zink
11:30 23.11.10
DJ IRW-PRESS: Salazar Resources Ltd.: Salazar erbohrt 28,2 g/t Gold, 359,5 Silber, 8,86% Kupfer und 20,45% Zink
Salazar erbohrt 28,2 g/t Gold, 359,5 Silber, 8,86% Kupfer und 20,45% Zink
VANCOUVER, BRITISH COLUMBIA, 23. November 2010 - Salazar Resources Ltd. (TSX.V:SRL; FSE:CCG) - Herr Fredy Salazar, President und CEO, ist erfreut bekannt geben zu können, dass die letzten Bohrergebnisse aus dem Curipamba VMS Projekt in Ecuador das El Domo Vorkommen um weitere 50 Meter Richtung Norden auf eine Gesamtlänge von 700 Metern erweitert haben. Der Erzkörper bleibt in mehrere Richtungen offen.
Die Dicke und die Gehalte der Abschnitte aus DDH 77 sind außergewöhnlich und haben unsere Erwartungen übertroffen", sagte Fredy Salazar. Das Cluster der jüngsten Bohrlöcher am nördlichen Ende des Vorkommens ergab Massive Sulphid" Abschnitte mit einem Durschnitt von fast 20 Metern pro Loch. Die gefundenen Kupfer und Zink Werte der Zone in Kombination mit den hohen Edelmetallgehalten, wie bspw. die gefundenen 4m mit 28 g/t Gold und 360 g/t Silber in DDH 77, erhöhen das Potenzial des El Domo Vorkommens enorm."
Die Durchstoßpunkte der Diamantbohrlöcher (DDH) Curi-10-76 und Curi-10-77, welche sich in Sektion 5500 N (siehe Abbildung 1) befinden, sind ca. 50 Meter nördlich von DDH 60, wo zuvor 32,36m mit 3,8 g/t Gold, 39,2 g/t Silber, 3,67% Kupfer und 1,44 % Zink gefunden wurden.
Der Durchstoßpunkt von DDH 75 befindet sich 150m westlich von DDH 60 und wurde 270 Grad im Streichen der Sektion 5450 N mit 60 Grad Neigung und einer Länge von 164,75m erbohrt. Curi-75 ergab fast 5m Mineralisierung, aber keine bedeutenden Ergebnisse.
DDH 76 befindet sich 50m nördlich von DDH 60 und wurde 90 Grad im Streichen der Sektion 5500 N mit 70 Grad Neigung und einer Länge von 195,60m gebohrt. DDH 77 befindet sich 50m westlich von DDH 76 und wurde 270 Grad im Streichen der Sektion 5500 N mit 85 Grad Neigung und einer Länge von 128,80m gebohrt.
Die folgende Tabelle gibt einen Überblick über die bedeutendsten Abschnitte eines jeden Bohrlochs:
Zur Ansicht der vollständigen News inklusive Tabellen und Grafiken folgen Sie bitte dem Link:
http://www.irw-press.com/dokumente/Salazar_101123_DE.pdf
Die oben genannten Informationen wurden unter der Aufsicht von Tom Healy P.Eng. aufbereitet, der die Qualifizierte Person unter dem NI 43-101 ist, mit der Fähigkeit und der Sachkenntnis, um die Authentizität und Validität der Daten zu verifizieren.
Es wurde ein Qualitätskontrollprogramm verwendet, wobei 5% von allen im Labor eingereichten Proben Standardproben mit bekannten Gold- und Silbergehalten waren. Die Probenvorbereitung wurde von BSI Inspectorate in Quito, Ecuador durchgeführt, wobei Verfahrensweisen nach Industriestandard angewendet wurden (sample prep minus 32). Die analytische Arbeiten wurden von BSI Inspectorate Laboratory in Lima, Peru durchgeführt unter Verwendung von Feuerprobenmethoden für Gold (Au-25 Prozedur). Standardproben, Blindproben und Dublettenchecks wurden zufällig in die Probengesamtheit eingefügt, um die Qualitätskontrolle sicherzustellen.
IM AUFTRAG DES VORSTANDES VON SALAZAR RESOURCES LIMITED
"Fredy Salazar"
Fredy Salazar,
Präsident & CEO
Salazar Resources Limited
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VANCOUVER, BRITISH COLUMBIA, December 6, 2010 - Salazar Resources Ltd. (TSX.V:SRL; FSE:CCG) - Mr. Fredy Salazar, President and CEO, is pleased to announce that Salazar Resources Ltd. (the ?Company?) has acquired 100% of the shares of Mariana S.A. Comador (Mariana) including its 100% ownership of the 2350 hectare Santiago concession located in the Province of Loja (southern Ecuador).
To complete the acquisition the Company will pay all government tenure costs and make four cash payments of US $10,000 and issue 150,000 common shares of the Company. In addition the Company has agreed to a 1.5% NSR (Net Smelter Return); of which 50% can be purchased for a cash payment of US $850,000.
The area consists of primarily altered volcanic polymictic felsic, tuff-breccias with extensive zones of silica and alunite alteration for approximately 3 kilometres along the project road. The mineral assemblage of the quartz-alunite zone is well known to be associated with high sulphidation gold deposits. The property also contains a swarm of polymetallic bearing quartz veins, some of which were exploited as far back as the Spanish colonists.
The property is accessible year round by road and the Company will commence an initial exploration program in the near future.
The Mariana acquisition is subject to approval of the TSX Venture Exchange.
ON BEHALF OF THE BOARD OF SALAZAR RESOURCES LIMITED
?Fredy Salazar?
Fredy Salazar,
President & CEO
Salazar Resources Limited
http://www.salazarresources.com/investor/news/2010-12-06.php
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Dumm gelaufen für diejenigen, die nach der Empfehlung von "Rohstoff-Insider" vom 9. September für teilweise über 1 Euro hier eingestiegen sind...
http://bigcharts.marketwatch.com/quickchart/...&freq=1&time=8
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Dear Shareholders and Friends:
As President and CEO of Salazar Resources Ltd., I wish you all a successful and happy new year and I am writing to briefly comment on the goals and objectives we have set for ourselves at Salazar for the coming year.
The Company's exploration activities over the past year at Curipamba were very promising and we plan on building on these successes.
Starting in February, with the mobilization of our second drill rig, we plan to continue with an agressive drill program in Ecuador with a focus on Curipamba where we plan to drill 20,000 metres.
Ecuador's social and economical climate has improved in the last several months; we continue to have excellent working relationships with the regional authorities and our community programs have further strengthened the Company's profile in the region. We are working closely with the local communities by reacting to their needs and maintaining open and ongoing discussions. We are working diligently to ensure that we have the backing and support of the local communities to become an active and welcomed partner by contributing to the community's economic and social well being.
The Metallurgical test programs for the El Domo deposit were initiated in late October 2009 and the program is ongoing. Preliminary conclusions are anticipated by the beginning of the second quarter 2011.
We look forward to an exciting year as we continue to follow up on other exploration targets at Curipamba including Sesmo Sur, La Vaquera, Agua Santa, Sesmo and to the East of the El Domo intrusion. We also plan to work on other potential mining projects such as Santiago and Ruminahui where we expect to have final permits by the end of the first quarter of 2011.
ON BEHALF OF THE BOARD OF SALAZAR RESOURCES LIMITED
Fredy Salazar, President&CEO
Salazar Resources Limited
Salazar Resources Ltd. is a publicly-listed (TSX VENTURE: SRL)(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.
Contacts:
First Canadian Capital
1.866.580.8891
info@salazarresources.com
www.salazarresources.com
Optionen
Kein Wunder, dass der Kurs trotz guter Projekte nachgibt.
Dazu beigetragen haben natürlich auch die Shorter. In Kürze dürften neue Zahlen verfügbar sein. Mitte Januar betrug das Short-Volumen ca. 250.000 Stück.
Mal schauen! Kann nur noch besser werden!
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IRW-PRESS: Salazar Resources Ltd.: Salazar erbohrt 28 m mit 2g/t Gold & 5% Kupfer auf dem hochgradigen El Domo VMS Vorkommen
Salazar erbohrt 28 m mit 2g/t Gold & 5% Kupfer auf dem hochgradigen El Domo VMS Vorkommen
VANCOUVER, BRITISH COLUMBIA, 8. Februar 2011 - Salazar Resources Ltd. (TSX.V:SRL; FSE:CCG) - Mr. Fredy Salazar, Präsident und CEO, ist erfreut, die neuesten Ergebnisse der Bohrungen auf dem El Domo Vorkommen in dem Las Naves Central Gebiet auf dem Curipamba VMS Projekt in Ecuador bekanntzugeben.
Die fünf neusten Bohrlöchern auf dem El Domo Vorkommen und dem angrenzenden Gebiet haben sehr vielversprechende Resultate erbracht, die Mineralisierung des El Domo Vorkommens wurde 50 Meter Richtung Norden und, im südlichen Teil des Vorkommens, 50 Meter Richtung Osten ausgedehnt. Das Vorkommen besitzt nun eine N-S Streichlänge von 800m, mit einer durchschnittlichen Breite von 200m und einer durchschnittlichen Dicke von 10m (siehe Abbildung 1) und ist weiterhin in drei Richtungen offen: Nord, Süd und West
Highlights:
*Curi-87 durchschnitt 27,61 Meter mit einer durchschnittlichen Mineralisierung von 2,12 g/t Gold, 24,65 g/t Silber, 4,97% Kupper und 1,11% Zink, darunter 5,33 Meter mit 5,43 g/t Gold, 87,87 g/t Silber, 13,59% Kupfer und 4,81% Zink.
*Curi-83 durchschnitt 4,05 Meter mit 2,13 g/t Gold und 43,03 g/t Silber innerhalb einer mehr als 20 Meter langen Mineralisierung
*Curi-84 durchschnitt 1,95 Meter mit 2,02 g/t Gold; 98,08 g/t Silber; 2,43% Kupfer und 7,81% Zink innerhalb einer Mineralisierung von 3,75 Meter.
"Diese Bohrergebnisse zeigen weiterhin die außerordentlich hohe Mineralisierung des El Domo Vorkommens.", sagt Fredy Salazar, Präsident und CEO. Wir freuen uns weiterhin auf anhaltenden Erfolg und warten ungeduldig auf die Lieferung unseres zweiten Bohrers, die in den nächsten paar Wochen erwartet wird, um unsere Kapazität bei der Entwicklung dieses sehr spannenden VMS-Distrikts zu erhöhen."
Die folgende Tabelle bietet eine Übersicht der signifikanten Durchschneidungen jedes Bohrlochs:
Unter folgendem Link finden Sie die Tabelle mit den Ergebnissen: http://www.irw-press.com/dokumente/Salazar-pdfde.pdf
Technische Highlights:
Bohrloch 86 wurde gebohrt, um eine kleine und moderate IP-Reaktion einer geophysikalischen Anomalie in der Mitte zwischen dem durch Bohrungen angezeigten El Domo Vorkommen und der zu Tage tretenden Mineralisierung auf El Gallo zu testen. Auf El Gallo werden semi-massive Sulfide in gestörtem oberen Tuff-Gestein ( upper tuffaceous unit - utu") beherbergt, das die hanging wall" des El Domo Vorkommens formt. Das Bohrloch zeigt, dass das utu-Gestein erodierte Überreste ohne VMS Marker Betten ( marker horizons") sind. Die IP Anomalie wird durch die ca. 50m lange, schwach verteilte und in Äderchen enthaltene Basismetall-Mineralisierung im footwall"-Gestein erklärt.
Details jedes Bohrlochs und die Platzierung relativ zu anderen signifikanten Durchscneidungen werden im Folgenden beschrieben:
Unter folgendem Link finden Sie die Tabelle mit den Ergebnissen: http://www.irw-press.com/dokumente/Salazar-pdfeng.pdf
Die oben genannten Informationen wurden unter der Aufsicht von Tom Healy P.Eng. aufbereitet, der die Qualifizierte Person unter dem NI 43-101 ist, mit der Fähigkeit und der Sachkenntnis, um die Authentizität und Validität der Daten zu verifizieren.
Es wurde ein Qualitätskontrollprogramm verwendet, wobei 5% von allen im Labor eingereichten Proben Standardproben mit bekannten Gold- und Silbergehalten waren. Die Probenvorbereitung wurde von BSI Inspectorate in Quito, Ecuador durchgeführt, wobei Verfahrensweisen nach Industriestandard angewendet wurden (sample prep minus 32). Die analytische Arbeiten wurden von BSI Inspectorate Laboratory in Lima, Peru durchgeführt unter Verwendung von Feuerprobenmethoden für Gold (Au-25 Prozedur). Standardproben, Blindproben und Dublettenchecks wurden zufällig in die Probengesamtheit eingefügt, um die Qualitätskontrolle sicherzustellen.
IM AUFTRAG DES VORSTANDES VON SALAZAR RESOURCES LIMITED
"Fredy Salazar"
Fredy Salazar,
Präsident & CEO
Salazar Resources Limited
Salazar Resources Ltd. ist ein an der Börse gelistetes Rohstoffunternehmen, das sich mit der Exploration und Entwicklung von sehr aussichtsreichen Gebieten in Ecuador beschäftigt. Geführt von einem erfahrenen, ecuadorianischen Management Team und insbesondere durch seinen Namensgeber Fredy Salazar war dieses Team maßgeblich an anderen großen Entdeckungen in Ecuador beteiligt. Als ein in Ecuador ansässiges Unternehmen hat es einen strategischen Vorteil, der das Unternehmen befähigt, Explorationen schnell fertig zu stellen. Mit einem exzellenten Portfolio von 3 Projekten mit 42.900 ha, einer guten geopolitischen Positionierung sowie zahlreichen unternehmerischen und finanziellen Partnerschaften hat sich Salazar als strategischer Player" in Ecuador und Südamerika positioniert.
Für weitere Informationen kontaktieren Sie bitte:First Canadian Capital
1.866.580.8891
Email:
[verschlüsselte E-Mail - benötigt Javascript]
www.salazarresources.com
Weder die TSX Venture Exchange noch ihr Regulation Services Provider (wie dieser Begriff in den Richtlinien der TSX Venture Exchange definiert ist) übernehmen Verantwortung für die Adäquatheit und Richtigkeit dieser Pressemitteilung.
Value Relations haftet nicht für die Richtigkeit der Übersetzung. Die originale Pressemeldung
finden Sie in englischer Sprache auf www.salazarresources.com.
Aussagen dieser Pressemitteilung, die keine historischen Fakten darstellen sind zukunftsgerichtete Aussagen, welche Subjekt einer Anzahl bekannter und unbekannter Risiken, Unsicherheit und andere Faktoren sind, die dazu führen können, dass die tatsächlichen Ergebnisse erheblich von denen in den zukunftsgerichteten Aussagen angenommenen abweichen können. Auch wenn wir glauben, dass die Erwartungen aus den zukunftsgerichteten Aussagen angemessen sind, können die tatsächlichen Ergebnisse variieren und künftige Ergebnisse, Aktivitätslevel, Performance oder Erfolge können nicht garantiert werden.
Für die Richtigkeit der Übersetzung wird keine Haftung übernommen. Bitte englische Originalmeldung beachten.
Die englische Originalmeldung finden Sie unter:
http://www.irw-press.at/press_html.aspx?messageID=19969
NEWSLETTER REGISTRIERUNG:
Aktuelle Pressemeldungen dieses Unternehmens direkt in Ihr Postfach:
http://www.irw-press.com/...bscription.php?lang=de∈=CA7940071045
Mitteilung übermittelt durch IRW-Press.com. Für den Inhalt ist der Aussender
verantwortlich.
Kostenloser Abdruck mit Quellenangabe erlaubt.
20110208 1520
Salazar Resources Ltd. 4007-1111 Alberni Street Vancouver, BC V6E-4V2 T. 604.484.0066 F. 604.484.0069
[verschlüsselte E-Mail - benötigt Javascript]
Salazar Resources Ltd.
(END) Dow Jones Newswires
February 08, 2011 09:26 ET (14:26 GMT)
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2/23/2011 10:47:28 AM - Market Wire
VANCOUVER, BRITISH COLUMBIA, Feb 23, 2011 (MARKETWIRE via COMTEX News Network) --
Salazar Resources Ltd. (TSX VENTURE: SRL)(FRANKFURT: CCG) - Mr. Fredy Salazar, President and CEO, is pleased to announce the latest assay results from recent drilling at the El Domo deposit in the Las Naves Central area of its Curipamba Volcanic Massive Sulphide (VMS) Project in Ecuador.
The latest results from the Curipamba exploration project are from a drill hole located 300 m south east of the known El Domo mineralization (see Figure 1: http://media3.marketwire.com/docs/SRL0223.pdf). DDH 88 encountered an elevated gold and silver intersection typical of that expected at the margins and uppermost parts of major VMS systems.
Highlights:
- Curi-88 intersected 3.82 meters of mineralization averaging 4.77 g/t gold and 181.76 g/t silver.
"This new gold zone is a very important discovery for Salazar as it reinforces the potential for the discovery of significant and numerous precious metal deposits typically found at the periphery of VMS style systems such as El Domo," says Fredy Salazar, President and CEO. "We plan to conduct additional drilling in this area determine if there is a direct link between this new gold zone and the massive sulphide horizon at El Domo, or if it is related to another entirely new system."
The following table provides a summary of the significant intersections in DDH 88:
--------------------------------------------------
---
Width
From To (i) Gold Silver Copper Lead Zinc
Hole (m) (m) (m) (g/t) (g/t) (%) (%) (%)
CURI-88 142.32 146.13 3.81 4.77 181.76 0.11 0.37 0.64
Including 142.95 144.10 1.15 6.07 268.1 0.19 0.75 1.29
--------------------------------------------------
(i) widths reported are not true width
Technical Highlights:
--------------------------------------------------
----
Eleva- Hole Location of nearest
Drill tion Depth significant
Hole Section Azimuth Dip (m) (m) intersection
--------------------------------------------------
DDH 88 4700N 270 -75 951.2 191.90 300 m south east of
degrees degrees DDH 85 at El Domo
strike Deposit and 450 m
east of DDH 86
--------------------------------------------------
Exploration hole DDH 88, collared 300 m to the southeast of the known nearby El Domo massive sulphide deposit, was targeted on the presence of a strong geophysical anomaly, the proximity to a number of surficial mercury anomalies and local geological mapping. The intersection containing excellent precious metal values occurs at the contact between two major dacite lava flows. The mineralization comprises disseminated pyrite, yellow sphalerite, barite and minor galena. Although clearly stratiform, this new, relatively gold-rich, style of mineralization differs from the massive sulphide horizon encountered to date at the El Domo VMS deposit.
Furthermore, DDH 88 opens up the possibility that dacite lava flows to the south, originally considered barren, host stratiform gold-enriched massive sulphide mineralization. Salazar Resources plans to scout drill these areas, in particular those with strong geophysical (Induced Polarization chargeability) anomalies, to test this potential.
The above information has been prepared under the supervision of Tom Healy P.Eng. who is designated as a Qualified Person as defined by NI-43-101 with the ability and authority to verify the authenticity and validity of the data.
A QC program was used whereby 5% of all samples sent to the laboratory were standard samples with known silver and gold values. Sample preparation was performed by BSI Inspectorate Quito, Ecuador, using standard industry practices (sample prep minus 32). Analytical work was carried out at the BSI Inspectorate Laboratory in Lima, Peru, using fire assay methods for gold (Au-25 procedure). Standard samples, blanks and duplicate check samples were randomly inserted to the sample batch to ensure quality control.
ON BEHALF OF THE BOARD OF SALAZAR RESOURCES LIMITED
Fredy Salazar, President & CEO
Salazar Resources Limited
Salazar Resources Ltd. is a publicly-listed (TSX VENTURE: SRL)(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.
Contacts: First Canadian Capital 1.866.580.8891 info@salazarresources.com www.salazarresources.com
SOURCE: Salazar Resources Limited
mailto:info@salazarresources.com http://www.salazarresources.com
Copyright 2011 Marketwire, Inc., All rights reserved.
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2/23/2011 6:29:44 PM - Market Wire
VANCOUVER, BRITISH COLUMBIA, Feb 23, 2011 (MARKETWIRE via COMTEX News Network) --
Salazar Resources Limited (TSX VENTURE: SRL)(FRANKFURT: CCG) - Mr. Fredy Salazar is pleased to announce that Mr. Greig Hutton, P. Eng., has joined the Company in a full time position as Manager of Investor Relations.
Mr. Hutton brings 30 years of sales and marketing experience to the Company including five years management and IR experience with Continuum Resources and Terra Ventures. Said Mr. Salazar, "We are very pleased that Mr. Hutton has joined the Company and we look forward to working with him."
ON BEHALF OF THE BOARD OF SALAZAR RESOURCES LIMITED
Fredy Salazar, President & CEO
Salazar Resources Limited
Salazar Resources Ltd. is a publicly-listed (TSX VENTURE: SRL)(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.
Contacts: First Canadian Capital 1.866.580.8891 info@salazarresources.com www.salazarresources.com
SOURCE: Salazar Resources Limited
mailto:info@salazarresources.com http://www.salazarresources.com
Copyright 2011 Marketwire, Inc., All rights reserved.
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Also, ich gehe davon aus, dass das noch Jahre dauern wird (3-5)! Und es war mal im Gespräch, dass Salazar nicht selber produzieren wird, sondern ein Joint Venture oder eben ein Verkauf dann stattfindet.
Und es findet gerade erst die zweite Bohrphase statt. Es müssen noch so viele neue Anomalien exploriert werden, dass alles noch seine Zeit dauert. Selbst El Domo muss noch reichlich exploriert werden, siehe z.B. die letzte News mit dem neuen Ergebnis.
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3/3/2011 6:00:01 AM - Market Wire
VANCOUVER, BRITISH COLUMBIA, Mar 3, 2011 (Marketwire via COMTEX News Network) --
Salazar Resources Ltd. (TSX VENTURE:SRL)(FRANKFURT:CCG) - Mr. Fredy Salazar, President and CEO, is pleased to announce the latest assay results from recent drilling at the El Domo deposit in the Las Naves Central area of its Curipamba Volcanic Hosted Massive Sulphide Project in Ecuador.
Results from the most recent six drill holes (To see Figure 1, please visit the following link: http://media3.marketwire.com/docs/SZR_ELDOMO.pdf) demonstrate that the deposit remains open to the north east, to the east beneath the andesite cover and also to the south west.
The El Domo deposit now has a strike length of 850m North-South and an East-West width of between 200 to 300 m.
Highlights
-- Curi 94 intersected 6.41 meters at 3.38 g/t gold, 101.38 g/ t silver, 2.40% copper and 6.63% zinc within 16.08 m of mineralization. -- Curi-90 intersected 2.90 meters of mineralization averaging 6.80 g/t gold and 238.53 g/t silver and 8.30% zinc.
"The 16 meter intersection in DDH 94 is particularly important due to its position relative to a 3.13 m high-grade intersection in DDH 22located approximately 180 m to the north east" says Fredy Salazar, President and CEO. "We are optimistic that additional drilling in this area will establish continuity of potentially economic mineralization between these two drill holes and the current resource boundary further adding to what is already an exciting resource".
The following table provides a summary of the significant intersections of each drill hole:
--------------------------------------------------
From To Width(i) Gold Silver Copper Lead Zinc
Hole (m) (m) (m) (g/t) (g/t) (%) (%) (%)
--------------------------------------------------
CURI-89 40.58 46.18 5.60 0.43 13.18 0.03 0.06 0.42
and 52.77 54.00 1.23 0.23 6.50 0.16 0.66 2.03
and 82.50 85.65 3.15 0.38 7.64 0.10 0.41 1.13
CURI-90 45.00 47.90 2.90 6.80 238.53 0.99 1.33 8.30
--------------------------------------------------
CURI-91 59.47 61.00 1.53 4.87 73.65 2.32 2.26 5.35
CURI-92 152.06 153.87 1.81 2.19 23.84 0.94 0.08 0.99
--------------------------------------------------
CURI-93 187.67 189.12 1.45 5.30 134.10 0.43 0.41 2.56
--------------------------------------------------
and 212.64 213.60 0.96 5.60 21.10 0.01 0.03 0.06
--------------------------------------------------
CURI-94 84.69 100.77 16.08 3.27 74.88 0.99 0.43 3.60
including 84.69 86.80 2.11 8.26 70.92 0.06 0.34 1.09
including 88.26 90.40 2.14 4.39 144.02 0.07 1.52 4.83
--------------------------------------------------
including 94.36 99.62 5.26 3.85 116.99 2.75 0.40 7.93
and 119.70 122.95 3.25 1.05 18.77 1.25 0.05 0.91
(i)widths reported are not true width
Technical Highlights:
The presence of a high grade massive sulphide intersection in DDH 94 expands the known mineralization an additional 50 m to the north and east. DDH 94 is located approximately 180 m south east of DDH 22 (4.77 g/t Au; 53.37 g/t Ag; 3.69% Cu and 1.62% Zn over 3.13m). Additional drilling is planned to test the strong geophysical anomaly present between DDH 94 and DDH 22.
Intersections in DDH 90 and 91, located in the southwest quadrant demonstrate the continuation of strong gold and zinc grades in the south west quadrant of the deposit.
The presence of almost 40 meters of lower grade sulphide mineralization in DDH 89 and including several zinc rich zones keep the western exploration limit of the deposit open, where additional follow up drilling is planned.
DDH 92 and 93 tested the extension of the massive sulphide body easterly below the sub-horizontal andesite intrusion over a 100 m strike length. The precious metal and zinc grades in DDH 93 offer further encouragement for the continuation of potentially economic mineralization to the east beneath the andesite cover.
Details of each drill hole and location relative to other significant intersections are described as follows:
--------------------------------------------------
Drill Hole
Hole Elevation Depth Location of nearest
Section Azimuth Dip (m) (m) significant intersection
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DDH 89 5200 N 90 -75 857.79 128.95 100m west of DDH 48-3.41
degrees degrees g/t Au; 61.08 g/t Ag;
strike 2.83% Cu and 3.18% Zn over
18.95 m
--------------------------------------------------
DDH 90 5050 N 90 -75 878.00 99.00 50m west of DDH 53 - 3.52
degrees degrees g/t Au; 240 g/t Ag; 4.62%
strike Cu and 3.76% Zn over 7.93
m
--------------------------------------------------
DDH 91 5000 N 90 -70 876.45 134.95 50m west of DDH 54-3.03
degrees degrees g/t Au, 93.28 g/t Ag,
strike 2.30% Cu and 10.96% Zn
over 4.05 m
--------------------------------------------------
DDH 92 5400 N 270 -80 963.97 248.85 50m west of DDH 42-1.78
degrees degrees g/t Au, 47.94 g/t Ag,
strike 0.90% Cu and 7.53% Zn over
8.58 m
--------------------------------------------------
DDH 93 5450 N 90 -70 977.22 260.80 50m east of DDH 60-3.75
degrees degrees g/t Au; 39.18 g/t Ag;
strike 3.67% Cu and 1.44% Zn over
32.36 m
--------------------------------------------------
DDH 94 5550 N 90 -75 950.80 134.95 70m northeast of DDH 77-
degrees degrees 10.09 g/t Au, 129.65 g/t
strike Ag, 8.51% Cu and 8.00% Zn
over 11.53 m
--------------------------------------------------
The above information has been prepared under the supervision of Tom Healy P.Eng., who is designated as a Qualified Person as defined by NI-43-101 with the ability and authority to verify the authenticity and validity of the data.
A QC program was used whereby 5% of all samples sent to the laboratory were standard samples with known silver and gold values. Sample preparation was performed by BSI Inspectorate Quito, Ecuador, using standard industry practices (sample prep minus 32). Analytical work was carried out at the BSI Inspectorate Laboratory in Lima, Peru, using fire assay methods for gold (Au-25 procedure). Standard samples, blanks and duplicate check samples were randomly inserted to the sample batch to ensure quality control.
ON BEHALF OF THE BOARD OF SALAZAR RESOURCES LIMITED
Fredy Salazar, President & CEO
Salazar Resources Limited
Salazar Resources Ltd. is a publicly-listed (TSX VENTURE:SRL)(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.
SOURCE: Salazar Resources Limited
First Canadian Capital 1.866.580.8891 info@salazarresources.com www.salazarresources.com
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