Salazar Resources Limited
SRL.V
Toronto Stock Exchange Ventures0.25
CAD
+0.00
- -
Salazar Resources Limited
SRL.V
(Toronto Stock Exchange Ventures)
Recent
price
0.25
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Salazar Resources Limited (TSXV: SRL) is a Vancouver-based junior mineral exploration company focused on the acquisition, exploration and development of mineral properties in Ecuador. Incorporated in 1987 and headquartered at 1090 West Georgia Street, Suite 1305, Vancouver, British Columbia, Canada, the company primarily targets volcanogenic massive sulfide (VMS) deposits containing copper, zinc, lead, gold and silver; its flagship asset is a 25% carried interest in the Curipamba project through Curimining S.A., which encompasses the high-grade El Domo copper-gold deposit featuring Proven and Probable Mineral Reserves of 6.5 million tonnes grading 1.93% copper, 2.49% zinc, 2.52 grams per tonne gold and 45.7 grams per tonne silver, with a 2021 Feasibility Study outlining initial open-pit development, an after-tax NPV (8%) of US$259 million, an IRR of 32% and all-in sustaining costs of US$1.26 per pound copper equivalent. The company also holds a wholly owned portfolio of copper-gold exploration projects including Pijili (3,246 hectares), Macara (1,807 hectares), Rumiñahui, Los Osos (229 hectares), Los Santos (2,215 hectares) and El Potro; additionally, it maintains a 20% carried interest in the Santiago copper-gold porphyry project and recently acquired full ownership of the Santiago and La Canela projects from Silvercorp Metals Inc. via a December 2024 binding letter agreement finalized in July 2025, in exchange for net smelter return royalties of 1.5% on each property, subject to repurchase options. In parallel, Salazar Resources completed non-brokered private placements raising C$1.75 million in January 2025 and C$499,800 in August 2024 to fund working capital and tenure payments; shifted its fiscal year-end to March 31 in November 2024; and holds a 25% carried interest at Curipamba where partner Silvercorp Metals Inc. advances El Domo toward 2026 production with ongoing construction, metallurgical optimizations targeting higher gold and silver recoveries via sequential copper flotation, geotechnical drilling and detailed engineering. Operations center on Ecuador's underexplored Andean mineral belts, leveraging local geological expertise to de-risk deposits ahead of potential farm-outs or partnerships while generating income from advance royalties, management fees and its wholly owned drilling subsidiary.
Salazar Resources Defines 650m x 500m Gold-Bearing Barite Horizon at El Tigre, Ecuador; Surface Sampling Returns 45m at 8.94 g/t AuEq
Rock Chips Just Hit 100 g/t Gold Next to a BHP-Drilled Copper System
Rock Chips Just Hit 100 g/t Gold Next to a BHP-Drilled Copper System
Record Quarters, Zero Relief: Copper's Gap Keeps Growing
Supply-Demand Imbalance Reshapes Copper Exploration Landscape in South America