Announcement Date: 2022-05-31
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Salazar Resources Ltd.
Project name: Los Santos
Location: Ecuador
Commodities: Gold
Highlight: Drilling results incl. 52.4m @ 0.2g/t Au from 78.1m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: VANCOUVER, BRITISH COLUMBIA, May 31, 2022 — SALAZAR RESOURCES LIMITED (TSXV: SRL; OTC QX: SRLZF; Frankfurt: CCG.F) (“Salazar” or the “Company”) is pleased to announce sampling results and an update on the Los Santos drill program. Phase 1 drilling is complete at Los Santos, El Oro Province, with thirteen holes completed for a total of 2,575 meters (“m”). Results from four holes have been received, with assays pending for nine holes. Results from channel sampling and trenches are also reported. Final assays from all holes are anticipated in the coming weeks. Background information to Los Santos is available at the Salazar Resources website: https://salazarresources.com/projects/100-salazar-owned/los-santos/ Exploration at Los Santos has comprised mapping, sampling, and drilling. Many of the targets shown in Figure 1, below, have been drill-tested. Drilling is completed, and consisted of 2,575 m in thirteen separate holes. Results from four holes have been received, with assays pending for nine holes. The drill rigs have been demobilized from Los Santos. Next steps for the project will be established once the remaining assays are included into a final report.
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