Adventus and Salazar Announce Pijilí Project Mobilization for Drilling and Recommencement of Exploration Activities In Ecuador

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[{"type":"text","content":"\n\n\n\nAdventus and Salazar Announce Pijilí Project Mobilization for Drilling and Recommencement of Exploration Activities In Ecuador\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, June 8, 2020\n\n\n\nTORONTO, June 8, 2020 /CNW/ - Adventus Mining Corporation (\"Adventus\") (TSXV: ADZN); (OTCQX: ADVZF) and Salazar Resources Limited (\"Salazar\") (TSXV: SRL) (together the \"Partners\") are pleased to announce the mobilization of field crews to the Pijilí project to commence a drilling program on a porphyry copper-gold-molybdenum system identified at its Mercy concession located in Azuay province in southwestern Ecuador. The Pijilí project consists of three concessions which total 3,246 hectares and is located approximately 150 km from the major port city of Guayaquil. The project is controlled by the Partners in a joint venture that is 80%-owned by Adventus and 20%-owned by Salazar. Explorers and project developers in the direct vicinity include groups such as Southern Copper Corporation and SolGold plc.\n\n \n \n \n \n \n \n\n \nHighlights\nUS$2.7M spent since 2018 to develop a new copper-gold-molybdenum porphyry district at Pijilí First porphyry drill program ready on the Mercy concession within a 1.5 by 1.5 km target area – the most advanced of three concessions that make up the Pijilí project Chip and channel sampling at Zambohuaycu showing on the Mercy concession from two mineralized trends showcase widespread porphyry mineralization: Channel sample – 42.0 metres grading 0.44% copper, 0.14 g/t gold, and 0.012% molybdenum, including 10.0 metres grading 0.77% copper, 0.32 g/t gold, and 0.020% molybdenum Chip sample – 26.7 metres grading 0.30% copper, 0.47 g/t gold, and 0.010% molybdenum Chip sample – 5.6 metres grading 0.69% copper, 0.22 g/t gold, and 0.001% molybdenumMinimum 5,000 metre diamond drill program to run to the end of 2020 Continuing development of a regional pipeline of intrusion-related targets through integrating geology, geochemistry, and geophysical databasesSam...

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