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Adventus and Salazar Announce Purchase of Construction Camp Facilities for El Domo Project and Provide Status Update on Feasibility Study Activities
Adventus and Salazar Announce Purchase of Construction Camp Facilities for El Domo Projec...
About this update from Salazar Resources Limited
[{"type":"text","content":"\n \n \n \n Adventus and Salazar Announce Purchase of Construction Camp Facilities for El Domo Project and Provide Status Update on Feasibility Study Activities\n \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 Canada NewsWire\n \n \n \n \n \n TORONTO\n \n ,\n \n July 14, 2021\n \n /CNW/ -\n \n Adventus Mining Corporation\n \n (\"Adventus\")\n \n \n (TSXV: ADZN) (OTCQX: ADVZF) and\n \n Salazar Resources Limited\n \n (\"Salazar\")\n \n \n (TSXV: SRL) (collectively the \"Partners\") are pleased to announce that a binding letter of intent has been issued for the purchase of a worker housing facility for the future construction of the El Domo project in\n \n Ecuador\n \n .\n \n \n In anticipation of the El Domo feasibility study completion in the fourth quarter of 2021 (the \"Feasibility Study\"), the Partners are continuing to advance detailed planning for the final engineering design and mine construction commencement beginning in 2022. The opportunity to advance-purchase construction camp facilities aligns with the El Domo development strategy and will provide housing for personnel during the construction and commissioning phases of the mine. The camp is a previously-owned facility, having most recently been used for the construction of a bridge near the Fruta del Norte mine in southeastern\n \n Ecuador\n \n .\n \n \n \n \n \n \n \n \n \n The El Domo Feasibility Study continues to progress on budget and on schedule for completion in the fourth quarter of 2021. Adventus' Vice President of Projects,\n \n Dustin Small\n \n , commented, \"\n \n We are very encouraged by the work completed on the Feasibility Study to date, and look forward to sharing the final results later this year. We are putting in significant effort now to enable Adventus to be in a position to immediately proceed with the execution phase of the project upon successful completion of the study\n \n .\"\n \n \n Following finalization of the purchase contract expected in July, the camp facilities will be disassembled and warehoused in\n \n Quito\n \n until such time as it is required for ...