Salazar Resources Limited

Salazar Resources Limited

April 26, 2007 08:30 ET

Retransmission: Salazar Reports Excellent Results From Sesmo, Ecuador, 15 m at 39.1 g/t Gold and 741 g/t Silver, Includes 2 m at 186.5 g/t Gold and 1055 g/t Silver

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 26, 2007) - Salazar Resources Ltd. (TSX VENTURE:SRL)(FRANKFURT:CCG) is pleased to announce the results of channel sampling from the Sesmo Prospect, completed as part of the Company's ongoing 2007 exploration program (To view Table 1 please click on the following link:

Significant channel samples included:

- 186.5 g/t Gold and 1055 g/t Silver over 2m included within 39.1 g/t Gold and 741 g/t Silver over 15m;

- 9.54 g/t Gold and 634 g/t Silver over 10m;

- 12.3 Gold and 469 g/t Silver over 3m; and

- 3.67 g/t Gold and 12 g/t Silver over 3m.

In total, 82 channel samples, from 1m to 7m wide, were sampled over a 100m by 150m area. Samples ranged from 0.01 g/t to 186.5 g/t gold and 0.01 g/t to 1805 g/t silver.

The Sesmo Anomaly lies within the Las Naves concession of the Curipamba Project and is located 2.1 km north of the El Gallo Anomaly (To view Figure 1 please click on the following link: Gold and silver mineralizations lie between hydrothermal breccia structures and are analogous to the Caracol prospect. Mineralization is hosted within silicified clasts in an argilic matrix within a quartz-eye porphyry host. Internally the clasts host polymetallic sulphides (silver mineralization with pyrite) (To view Figure 2 please click on the following link:

Mr. Salazar, President, states, "The Company views these results, together with recently released results, as an indication that the mineralized structures identified to date could form part of a large mineralizing system."

Future geophysical and geochemical work will concentrate on testing the continuity of the mineralized structures. Grid lines are currently being established at 50m spacing. Soil samples will be collected every 25m and channel samples will be taken from outcrops located within the grid. Pits will be excavated to bedrock and sampled.

To view more figures and maps please click on the following link:

Dr. Howard Lahti, P. Geo, is the Qualified Person (QP) for the Company and is responsible for the accuracy of this news release.

Samples preparation was performed by ALS Chemex Quito, Ecuador, using standard industry practices (Sample prep -32). Analytical work was carried out at the ALS Chemex Laboratory in Vancouver, Canada, using fire assay methods for gold (Au-25 procedure). A QC program was used whereby of every 10 samples one was sent for reanalysis at BSI Inspectorate Lab; as were several samples with values higher than 5 g/t gold. Standard samples, blanks and duplicate check samples were randomly inserted into the sample lot to ensure quality control. A review of the QA/QC results shows no significant bias and the results are considered reliable.


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, IAM Gold's Quimsacocha Deposit, Mozo Deposit, Ex Newmont's Cangrejos Project and International Minerals Rio Blanco and Gaby Deposit. Being an Ecudorian based company gives us a strategic advantage enabling us to do the exploration at a rapid pace, having over sixty personnel on the grounds, 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.

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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