Salazar Resources Limited
TSX VENTURE : SRL
FRANKFURT : CCG

Salazar Resources Limited

October 12, 2007 15:43 ET

Salazar Resources to Broadcast Webcast to Update Shareholders

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 12, 2007) - Salazar Resources Ltd. (TSX VENTURE:SRL)(FRANKFURT:CCG) announces that a webcast will be hosted by Etienne Walter, Director of Salazar Resources and Honorary Consul General of the Republic of Ecuador for Western Canada, on Friday, October 12, 2007 at 16:00 hrs PST. Mr. Walter will be commenting on the recent local developments at the Curipamba Project of Salazar Resources.

To access the event on the web please click on the following URL at:

http://www.vcall.com/IC/CEPage.asp?ID=122052

ON BEHALF OF THE BOARD OF SALAZAR RESOURCES LIMITED

Fredy Salazar, President & CEO

Salazar Resources Limited

Salazar Resources Ltd. is a publicly-listed (TSX VENTURE: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 one hundred personnel on the ground, including twelve geologists. With an excellent property portfolio (4 projects - 150,000+ hectares), good geopolitical positioning and a number of strategic corporate and financial partnerships, Salazar has positioned itself to be a strategic player in Ecuador.

To view maps and photos related to the Curipamba Project please visit www.salazarresources.com.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release.

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