Salazar Project to Be Presented to Community Forums
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1305-1090 W Georgia, Vancouver, BC, V6C-2Z4 Phone: 604.685.9316 Fax: 604.683.1585
SALAZAR PROJECT TO BE PRESENTED TO COMMUNITY FORUMS
VANCOUVER, BRITISH COLUMBIA – April 22, 2010 - Salazar Resources Ltd. (TSXV: SRL.V; FSE:SRLZF) is pleased to announce a commission integrated by representatives which include: the Ministry of Non-Renewable Natural Resource, the Ministry of the Environment, National Water Secretary, and Secretary of the People, have notified the communities surrounding the Curipamba Project, that the company has completed all the necessary requirements and has complied with all regulations of the new mining law in order to recommence exploration activities. This commission held initial meetings last week with the local community leaders to schedule information sessions on the upcoming exploration activities of the Company. The information sessions are scheduled to take place during the week of April 26, 2010, and do not imply that additional approvals are necessary. The completion of these informational forums are the final requirement needed for authorization to restart work under the new mining law.
In anticipation of receiving final authorization to recommence exploration activities, the company has mobilized its diamond drilling equipment to the Curipamba project for the proposed 18,000 metre program. The program will commence with delineation drilling at the El Domo deposit which remains open in three directions, and contains an inferred resource of 4.08 Mt @ 3.48 g/t Au, 76.33 g/t Ag, 2.51% Cu, 4.55% Zn and 0.47% Pb (As previously reported Feb. 25, 2009). Subsequently systematic testing of 16 other geophysical anomalies that have similar characteristics as El Domo, such as the Sesmo surface anomaly where channel sample results of 15 m at 39.1 g/t Gold and 741 g/t silver were encountered(As previously reported April 25, 2007), will be carried out with the goal of discovering multiple new VMS deposits.
“We are very pleased that this final step is underway. Once completed, we anticipate being the next company in Ecuador to have complied with all the requirements under the new mining law, and we are very excited about being able to recommence our exploration program at Curipamba.” stated Fredy Salazar, President and CEO.
For more information please visit our website at: www.salazarresources.com
ON BEHALF OF THE BOARD OF SALAZAR RESOURCES LIMITED
“Fredy Salazar”
Fredy Salazar, President & CEO
About Salazar Resources Limited:
Salazar Resources Ltd. is a publicly-listed (TSX-V:SRL) 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.
For further information, Fredy Salazar, President & CEO, Salazar Resources Limited please contact: T. 593.22278975 or E: [email protected] Nick DeMare, Director & Secretary, Salazar Resources Limited T. 604.685.9316 or E: [email protected] Jeff Tindale, Investor Relations, Empire Communications Inc. T: 604.484.0066 or E : [email protected]
“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."