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Salazar Resources Announces Phase 1 Drilling Completed at Los Osos
Vancouver, British Columbia--(Newsfile Corp. - August 13, 2021) - SALAZAR RESOURCES LIMITED (...
About this update from Salazar Resources Limited
[{"type":"text","content":"Salazar Resources Announces Phase 1 Drilling Completed at Los OsosVancouver, British Columbia--(Newsfile Corp. - August 13, 2021) - SALAZAR RESOURCES LIMITED (TSXV: SRL) (OTCQX: SRLZF) (FSE: CCG) (\"Salazar\" or the \"Company\") is pleased to announce that it has completed Phase 1 drilling at its wholly-owned Los Osos project in El Oro, Ecuador (\"Los Osos\"), and to report the results from the final three holes drilled. In total, six holes were completed, comprising 3,785 metres (\"m\"), during the Phase 1 program. Highlights:OSO-05 returned mineralized intervals to a depth of 796 m downhole, with end of hole at 864 m 30 m @ 0.4 g/t Au, 0.1% Cu, and 1.0 g/t Ag from 44 m, including:15 m @ 0.6 g/t Au, 0.1% Cu, and 1.1 g/t Ag from 54 m18 m @ 0.3 g/t Au, 0.1% Cu, and 1.4 g/t Ag from 223 mOSO-06 returned mineralized intervals to a depth of 514 m downhole, with end of hole at 516 m 87 m @ 0.2 g/t Au, 0.1% Cu, and 0.8 g/t Ag from 160 m133 m @ 0.2 g/t Au, 0.1% Cu, and 0.6 g/t Ag from 282 m17 m @ 0.4 g/t Au, 0.1% Cu, and 0.9 g/t Ag from 451 mFredy E. Salazar, CEO and President, commented: \"Salazar Resources successfully encountered abundant sulphide mineralization in holes five and six prior to completing Phase 1 drilling at Los Osos. While we review all the data from Los Osos to decide our next steps, the rigs are being redeployed across Salazar's portfolio of assets; exploration crews are busy exploring at Los Santos and preparing for drilling at Rumiñahui, in line with our strategy to rapidly conduct exploration and make Ecuador's next commercial copper-gold discovery. With newly inaugurated President Lasso intent on attracting investment into businesses in Ecuador, and a strong metal price environment, the Company is well-placed to deliver results from its portfolio of projects during 2021.\"Los Osos Background information to Los Oso is available at the Salazar Resources website:https://salazarresources.com/projects/100-salazar-owned/los-osos/Drilling Update Salazar Resources has completed 3,785 m of drilling in six holes at Los Osos to date. Today, The Company reports the results from the last 112 m of OSO-04, and full hole results from OSO-05 and OSO-06. Locations for all holes are shown in Figure 1 and significant drill intersections are shown in Table 1. The drill rigs have been redeployed across the Salazar Resources port...