Salazar Resources Limited
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Fredy Enrique Salazar
- Full Time Employees
- 225
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- 1090 West Georgia Street Vancouver BC Canada V6E 3V7
- IPO Date
- Jun 9, 2010
- CIK
- 0000861972
- Website
- salazarresources.com
- Similar Companies
- Business
- Salazar Resources Limited engages in the acquisition, exploration, and development of mineral properties primarily in Ecuador, focusing on copper, zinc, lead, gold, silver, and volcanogenic massive sulfide deposits. The company holds a 25% fully carried interest through production in the Curipamba project, which includes the El Domo deposit featuring proven and probable mineral reserves of 6.5 million tonnes at 1.93% copper, 2.49% zinc, 2.52 g/t gold, and 45.7 g/t silver; a carried 20% interest in the Pijili and Santiago projects; and wholly owned interests in the Macara, Rumiñahui, Los Osos, Tarqui, and Quimi projects, spanning concessions totaling thousands of hectares across Ecuador. Operations are centered in Ecuador with headquarters in Vancouver, Canada; founded in 2007, Salazar Resources generates revenue from advance royalty payments, management fees, and third-party drill rig usage through its wholly owned drilling subsidiary. In July 2025, the company signed a definitive agreement with Silvercorp Metals Inc. to acquire an 80% interest in the Santiago and Pijili projects plus 100% interests in the Tarqui and Quimi projects in exchange for 1.5% net smelter return royalties on each, achieving 100% ownership of Santiago and Pijili following its prior 20% stakes; the transaction, initially announced in December 2024, includes repurchase options for portions of the royalties and supports plans to farm out Tarqui and Quimi while retaining at least 25% interest after receiving a US$200,000 non-refundable exclusivity payment from an Ecuadorian firm.
Salazar Resources Reports El Domo After-Tax NPV (8% Discount Rate) of US$573 Million, Representing a 121% Increase Compared to the October 2021 Feasibility Study
Salazar Resources Welcomes Reform Exempting Exploration from the Mining Oversight and Control Fee and Strengthening Ecuador's Competitiveness
Salazar Resources Further Defines Copper-Gold Porphyry Mineralization at Monja Project, Ecuador, with Rock Samples Up To 1.71% Cu and Strong Soil Anomalies
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
Salazar Resources Reports up to 100 g/t Gold and 1,000 g/t Silver from Rock Chip Sampling at Tarqui Concession, Ecuador
Record Quarters, Zero Relief: Copper's Gap Keeps Growing
Supply-Demand Imbalance Reshapes Copper Exploration Landscape in South America
Ownership of Santiago Copper-Gold Project Consolidated Untested Porphyry Core and 3 km × 2 km Anomalous Zone Define a High-Priority Target
Salazar Resources Identifies High-Priority Copper-Gold Porphyry Target at Its 100%-Owned Monja Project, Ecuador
Salazar Resources Consolidates Ecuador Copper-Gold Portfolio While Maintaining 25% Carried Interest in the El Domo Mine
Salazar Resources Provides Update for El Domo
Salazar Resources Closes $1.4 Million Private Placement
Salazar Resources Announces Private Placement
Salazar Resources Announces Results of Annual General Meeting
Salazar Signs Definitive Agreement for the Purchase of Ecuadorian Exploration Properties from Silvercorp Metals Inc.
Salazar Comments on New Ecuadorian Mining Inspection Fee
Salazar Resources Announces Update on Construction Plan and Schedule for the Development of the El Domo Project
Salazar Resources Announces Initial Closing of Private Placement