- CEO
- Eric Tsung
- Full Time Employees
- 46
- Sector
- Non-energy minerals
- Industry
- Precious metals
- Address
- 1055 W. Hastings St. Vancouver BC Canada V6E 2E9
- IPO Date
- Apr 23, 1998
- Business
- Eco Oro Minerals Corp. is a Canadian precious metals exploration and development company that acquires, explores and develops mineral properties primarily in the Republic of Colombia, with a focus on gold and silver deposits; its core asset is the Angostura Project in northeastern Colombia's Santander province, which comprises the main Angostura deposit and five satellite prospects in the Santurban paramo region. The company holds mining concessions covering approximately 30,000 hectares assembled over 15 years, featuring large undeveloped gold resources at the pre-feasibility stage, and targets institutional investors and strategic partners in the mining sector. Founded in 1997 and headquartered in Vancouver, Canada, formerly known as Greystar Resources Ltd. until its name change in August 2011, Eco Oro operates solely in Colombia with no current subsidiaries or parent relationships noted.
In recent developments, Eco Oro pursues an ongoing ICSID arbitration claim (Case No. ARB/16/41) against the Republic of Colombia under the Canada-Colombia Free Trade Agreement, alleging indirect expropriation and breaches of fair and equitable treatment due to non-renewal of Angostura concessions over environmental paramo protections; a 2021 tribunal found Colombia liable but awarded no damages in a July 15, 2025 ruling. The company filed an application to annul this damages award, citing internal contradictions, with the process expected to last 18 to 36 months under review by an ad hoc ICSID committee. To fund the annulment and operations, Eco Oro secured a US$4.5 million financing in July 2025 via an investment and backstop agreement with GrayWolfe Capital SEZC and other investors through contingent value rights certificates, alongside exchanging prior CVRs and promissory notes for new instruments permitting additional future funding up to US$8 million.