Mr. Fredy Salazar, President and CEO of Salazar Resources Ltd., has announced the latest assay results from recent drilling at the El Domo deposit in the Las Naves Central area of its Curipamba Volcanic Hosted Massive Sulphide Project in Ecuador.
The deposit has now reached a N-S length of 750 m and remains open in several directions.
Results have been received from the El Domo drill program for diamond drill holes (DDH) Curi-10-78, Curi-10-79, Curi-10-80, Curi-10-81 and Curi-10-82 all located in the northern part of the deposit where high grade mineralization was encountered within extremely thick mineralization including:
- Curi-10-80 intersected 6.0 meters at 1.50 g/t gold and 3.74 % copper within 23.7 m of mineralization
- Curi-10-81 intersected 6.3 meters at 3.42 g/t gold; 49.2 g/t silver; 2.11 % copper and 1.62 % zinc within 18.4 m of mineralization
- Curi-10-82 intersected 5.18 meters at 4.06 g/t gold, 114.40 g/t silver, 1.77 % copper and 16.85% zinc
"Results from DDH 79 to DDH 82 demonstrate continuity of a 200 m zone of outstanding high grade mineralization at the northern end of El Domo averaging a thickness of approximately 17 m", says Fredy Salazar, President and CEO. "The intersection in DDH 79 is also extremely important because it confirms the extension of the deposit beneath the El Domo laccolithic intrusive body and in close proximity to an untested geophysical anomaly".
The above information has been prepared under the supervision of Tom Healy P.Eng. who is designated as a Qualified Person as defined by NI-43-101 with the ability and authority to verify the authenticity and validity of the data.
A QC program was used whereby 5% of all samples sent to the laboratory were standard samples with known silver and gold values. Sample preparation was performed by BSI Inspectorate Quito, Ecuador, using standard industry practices (sample prep minus 32). Analytical work was carried out at the BSI Inspectorate Laboratory in Lima, Peru, using fire assay methods for gold (Au-25 procedure). Standard samples, blanks and duplicate check samples were randomly inserted to the sample batch to ensure quality control.