HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: OT ecuador

OT ecuador

posted on Oct 12, 2007 06:49AM

SRL news... I smell a rat... El Presidente?

Salazar Resources Ltd. (TSX VENTURE:SRL)(FRANKFURT:CCG) announces that the field operations at the Curipamba Project comprising a drill program of 48 holes and 9000 meters, including 4,000 meters at Sesmo Sur, has been temporarily halted.

  • This step was taken by the Company in response to recent protests at the Company's work site. The Company's drill camp was temporarily occupied by protestors who originated from outside the area of influence of the project and NOT from nearby communities where the Company and the Project have strong community support. It is important to comment that the Company has the support from the overwhelming majority (over 90%) of local community residents. The Company also has the support from the Ministry of Mines and Petroleum as well as from the Ministry of Governance. The Company received all necessary exploration permits required to develop the Curipamba Project and completed all the processes established by the Government in a timely and supportive manner. These national authorities cooperated with the Company throughout the protest and arranged for local authorities to take all actions necessary to ensure that the rule of law prevailed.

Oct 12, 2007 07:01AM
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