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Salazar Resources Announces Extensive Gold Mineralisation in the El Potro Lithocap, Loja, Ecuador
Vancouver, British Columbia--(Newsfile Corp. - November 30, 2021) - SALAZAR RESOURCES LIMITE...
About this update from Salazar Resources Limited
[{"type":"text","content":"Salazar Resources Announces Extensive Gold Mineralisation in the El Potro Lithocap, Loja, EcuadorVancouver, British Columbia--(Newsfile Corp. - November 30, 2021) - SALAZAR RESOURCES LIMITED (TSXV: SRL) (OTCQX: SRLZF) (FSE: CCG.F) (\"Salazar Resources\" or the \"Company\") is pleased to report that channel sampling of the lithocap outcrop at El Potro in southern Ecuador, acquired in September 2021, has delivered extensive gold mineralization. Saw-cut channel sampling of 86.7 meters (\"m\") in length returned a composite average of 1.40 g/t gold (\"Au\"), paving the way for ongoing exploration.Highlights:El Potro, acquired in September 2021, has been recognised by Salazar Resources as a new porphyry discovery. Trenches 1-3 returned 44.7 m @ 2.54 g/t Au Mineralized lithocap exhibits intense silica-argillic alteration containing free gold and is open in all directions - Salazar will test the extensions through further mapping and samplingOngoing work is also focused on the abundant additional Cu-Mo stockwork outcrops within the concession area, containing anomalous copper and molybdenum values that are hosted within a multi-phase granodiorite intrusion.Salazar is focused on generating drill targets as quickly as possible.Fredy E. Salazar, President and CEO of Salazar Resources said, \"El Potro gets better and better the more we see. The channel sampling was carried out across all of the rock faces exposed in outcrop we could find and it suggests that gold mineralization is pervasive in the lithocap, which is a very promising sign. The lithocap is open-ended, extending under cover. Furthermore, the alteration styles mapped around the lithocap and the scale of the distribution of the intense stockworks in the wider area are indicative of a substantial porphyry body.\"\"The location of El Potro is also particularly encouraging. The giant Rio Blanco deposit in Peru is just 40 km to the south, only 84 km to the north is the large Santiago prospect, and 66 km to the northwest are the new discoveries at the Bramaderos project. To have 100% title on a new discovery in the main trend of prolific Miocene age copper and gold mineralization is really exciting for Salazar Resources.\" EL POTROBackground information on El Potro can be found, here: https://salazarresources.com/projects/100-salazar-owned/el-potro/Source: Salazar Resources LtdFigur...