Salazar Resources Limited

Salazar Resources Limited

September 12, 2007 08:00 ET

Salazar Announces Finding of Surface Anomaly of 350 X 50 m at Sesmo Sur, Ecuador

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 12, 2007) - Salazar Resources Ltd. (TSX VENTURE:SRL)(FRANKFURT:CCG) announces further results from the ongoing exploration program at Sesmo Sur, area including El Lobo Anomaly.

Significant results include:

- 44 meters at an average of 3.21 g/t gold and 15 g/t silver

- 52 m at an average of 3.71 g/t gold and 162 g/t silver

- 29 m at an average of 2.66 g/t gold and 14 g/t silver

- 12 m at an average of 1.07 g/t gold and 183 g/t silver

- Several floats (sub outcrops) of hydrothermal breccias with barite and
polisulphides, results: 1.5 g/t gold and 471 g/t silver, 1.64 g/t gold and 1665 g/t silver, 1.85 g/t gold and 415 g/t silver, among others.

A total of 325 rock chip samples were taken with lengths varying between 0.5 and 5 meters (101 trench samples, 90 outcrop samples, 24 floats and 110 manual pit samples of 1 to 4 meters depth). Values ranged from 0.01 to 16.65 g/t gold and 0.01 to 1665 g/t silver.

One hundred four soil samples were also collected; 78 channel samples and 26 auger samples with depths between 1 and 4 meters. The soil sampling identified a restricted gold and silver anomaly with coincident copper and lead near 892775mE and between 0849425mN and 0849400mN. There are other areas with base metal enrichment but do not have associated anomalous gold and silver.

NOTE: To view the tables associated with this release, please click the following link:

The Sesmo Sur Anomaly, lies within the Jordan 2 mining concession and is located 5.5 km south west of El Gallo (Figure 1, NOTE: To view Figures 1 and 2, please click the following link: Gold and silver mineralization is hosted within a hydrothermal breccia with a matrix of barite and poly-sulphides (silver minerals are contained within galena, sphalerite and chalcopyrite) and covers an area 350 m by 50 m strike NN10W (including El Lobo Anomaly). The alteration zone to the east and west of the mineralized body consists of an argilic and silicified-pyritized volcanic andesites.

NOTE: To view Figures 3 through 11, please click the following link:

As our exploration program continues, the work is concentrating on testing the 5.5 km between El Gallo Anomaly and Sesmo Sur, searching for new indications of gold and silver mineralization. Rock and soil geochemistry and geology will continue at Sesmo Sur, along with geophysics and drilling. The geophysics program has commenced, it includes magnetometry and induced polarization, and is being performed by Geofisica Consultores, a Peruvian company with vast experience in this field.

Results on geophysics and drilling will be published shortly.

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

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 Lima, Peru, using fire assay methods for gold (Au-25 procedure). Standard samples, blanks and duplicate check samples were randomly inserted to the sample batch to ensure quality control.

To view maps and photos related to the Curipamba Project please visit


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 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.

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

Contact Information