Salazar Intercepts 16 meters of Massive Sulphides and Extends Mineralization 300 meters at El Domo
VANCOUVER, BRITISH COLUMBIA-- April 7, 2008 - Salazar Resources Ltd. (TSX.V: SRL FSE: CCG) announces the intersection of 16 meters of massive sulphide mineralization in drill hole 46 at the El Domo anomaly, Las Naves Central Area, Curipamba Project, Ecuador.
This was the fourth drill hole completed at El Domo. Massive sulphide mineralization predominant in chalcopyrite and sphalerite was intersected from 50 metres to 66 metres (-60°dip) for a total intersection of 16 metres (not true width). The Company has intercepted massive sulphides in all drill holes targeting the El Domo anomaly (# 39, 42, 45 and 46) and with this latest success, the mineralized body has been extended for 300 metres and remains open in all directions. The drill program continues at Las Naves central and assay results for drill holes 45 and 46 are pending.
Mr. Fredy Salazar states, “The recent drill results at the El Domo anomaly validate our belief that the Curipamba project can provide the Company with significant exploration results. The Las Naves Central area may become the next major VMS district in Ecuador. We plan to focus our exploration efforts at El Domo to prove up what we believe is a significant discovery. We remain confident that Curipamba can host more than one discovery and our systematic exploration efforts to identify other discoveries are continuing.”
Dr. Howard Lahti, P. Geo, the qualified person for the company, has reviewed this news release for its accuracy.
To view maps and photos related to this release and the Curipamba Project please visit www.salazarresources.com
ON BEHALF OF THE BOARD OF
SALAZAR RESOURCES LIMITED
“Fredy Salazar”
Fredy Salazar,
President & CEO
Salazar Resources Limited
Salazar Resources Ltd. is a publicly-listed (TSX-V:SRL) mineral resource company engaged in the exploration and development of new highly prospective areas of Ecuador. Led by a senior Ecuadorian management team and most notably by its namesake Fredy Salazar, this team has been instrumental in other major discoveries throughout Ecuador, including Aurelian's Fruta del Norte discovery, IAMGold's Quimsacocha Deposit, Mozo Deposit, Ex Newmont's Cangrejos Project and International Minerals Rio Blanco and Gaby Deposit. Being an Ecuadorian based company gives us a strategic advantage enabling us to complete exploration at a rapid pace, with over sixty personnel on the ground, including twelve geologists. With an excellent property portfolio (4 projects - 131,300 hectares), good geopolitical positioning and a number of strategic corporate and financial partnerships, Salazar has positioned itself to be a strategic player in Ecuador.
For further information,please contact: / Fredy Salazar, President & CEO, Salazar Resources Limited
T. 593.22278975 or E:
Nick DeMare, Director & Secretary, Salazar Resources Limited
T. 604.685.9316 or E:
Jeff Tindale, Investor Relations, Empire Communications Inc.
T: 604.484.0066 or E:
The TSX Venture Exchange has not reviewed and does not accept responsibility
for the adequacy or the accuracy of this release.
Massive Sulphide mineralization, chalcopyrite, sphalerite at 55.48 m. – CURI-046
View of massive sulphides in boxes 13 and 14. CURI-046