Salazar Resources Limited
TSX VENTURE : SRL
FRANKFURT : CCG

Salazar Resources Limited

February 23, 2011 18:29 ET

Hutton to Join Salazar Resources as Manager of Investor Relations

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 23, 2011) - Salazar Resources Limited (TSX VENTURE:SRL)(FRANKFURT:CCG) – Mr. Fredy Salazar is pleased to announce that Mr. Greig Hutton, P. Eng., has joined the Company in a full time position as Manager of Investor Relations.

Mr. Hutton brings 30 years of sales and marketing experience to the Company including five years management and IR experience with Continuum Resources and Terra Ventures. Said Mr. Salazar, "We are very pleased that Mr. Hutton has joined the Company and we look forward to working with him."

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)(FRANKFURT:CCG) mineral resource company engaged in the exploration and development of new highly prospective areas in 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. Being an Ecuadorian based company gives the company a strategic advantage enabling the company to complete exploration at a rapid pace. With an excellent property portfolio (3 projects- 42,900 hectares), good geopolitical positioning and a number of strategic corporate and financial partnerships, Salazar has positioned itself to be a strategic player in Ecuador and throughout South America.

Statements contained in this news release that are not historical facts are forward-looking statements, which are subject to a number of known and unknown risks, uncertainness and other factors that may cause the actual results to differ materially from those anticipated in the forward looking statements. Although we believe that the expectations in the forward-looking statements are reasonable, actual results may vary, and future results, levels of activity, performance or achievements cannot be guaranteed.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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