Salazar Resources Limited · TSXV:SRL
Salazar Resources — Investor Presentation (2025)
27 slides from Salazar Resources's investor presentation, 2025
Slide 1: Ecuador's Proven Explorer
TSX-V: SRL Q2 - 2025 OTCQX: SRLZF ECUADOR’S PROVEN EXPLORER EXPLORING FOR GOLD AND COPPER PROJECTS ADVANCING HIGH-GRADE, HIGHLY-PROFITABLE VMS MINE CONSTRUCTION PREFERRED LOCAL PARTNER. CONSTRUCTION OF EL DOMO STARTED IN JANUARY 2025. TARGET DEFINITION FOR HIGH GRADE GOLD AND COPPER.
Slide 2: Disclaimer
DISCLAIMER FORWARD - LOOKING INFORMATION This presenta�on contains “forward-looking informa�on” within the meaning of applicable Canadian securi�es laws. Forward-looking informa�on is based on the beliefs, expecta�ons and opinions of the SCIENTIFIC AND TECHNICAL management as of the date the stateme
Slide 3: Ecuador Has Untapped Potential for Spectacular Gold and Copper Discoveries
ECUADOR HAS UNTAPPED POTENTIAL FOR SPECTACULAR GOLD AND COPPER DISCOVERIES Cascabel COLOMBIA SIGNIFICANT DEPOSITS IN ECUADOR Llurimagua _ ^ Quito VMS / La Plata Porphyry Epithermal Polymetallic ECUADOR 1985 Llurimagua 1990 Rio Blanco 1990 Tambo Grande 982 Mt @ 0.89% Cu, 0.04% Mo 2.15 Mt @ 9.5 g/t Au
Slide 4: Promising Feature for the Mining Industry
PROMISING FEATURE FOR THE MINING INDUSTRY EMERGING AS A MORE STABLE INVESTMENT JURISDICTION LATEST EVENTS AS A RESULT OF Presidencial NEW GOVERNMENT OUTLOOK. Elections in April 2025 elected Daniel Noboa, Acquisition by CMOC for pro-mining CANGREJOS $581M president Government completed a Institutiona
Slide 5: 18 Years of Successful In-Country Management
18 YEARS OF SUCCESFUL IN-COUNTRY MANAGEMENT UNIQUELY WELL-PLACED TO MAKE AND MANAGE THE NEXT MINERAL DEPOSIT DISCOVERY MANAGEMENT BOARD EXPERIENCE Fredy E. Salazar Francisco Soria Merlin Marr-Johnson Mineral Resources discovered with President and CEO Exploration Manager Non-Executive Director the p
Slide 6: 2025 Well Balanced Portfolio
2025 WELL BALANCED PORTFOLIO NESTING THE NEXT MAJOR AU-CU DICOVERY EL DOMO EXISTING PROJECTS NEW PROJECTS MACARA (VMS) LOI with SVM: El DOMO Discovery Potential Signed: 25% stake Dec.23 2024 2025 Initial surface exploration work. To acquire 100% 1 Community relations. ownership on New partnerships f
Slide 7: El Domo: Construction Underway
EL DOMO: CONSTRUCTION UNDERWAY SILVERCORP METALS (SVM): BALANCE SHEET AND EXPERIENCE FOR SUCCESSFUL PROJECT EXECUTION In construction, Fully financed, SVM: 20-year track record as profitable -Civil and -Civils and Earthworks Earthworks started started January January 2025 2025 Fully permitted, Unloc
Slide 8: El Domo: Progress as of April 2025
EL DOMO: PROGRESS AS OF APRIL 2025 UNIQUELY WELL-PLACED TO MAKE AND MANAGE THE NEXT MINERAL DEPOSIT DISCOVERY 2008 2024 2025 2026 1 2 SRL ORIGINAL ENVIRONMENTAL SVM ACQUISITION CONSTRUCTION COMMERCIAL DISCOVERY OF EL DOMO LICENSE SECURES FULL STARTED IN PRODUCTION FROM GRASSROOTS FINANCING JANUARY Q
Slide 9: Feasibility Study Highlights October 2021
FEASIBILITY STUDY HIGHLIGHTS OCTOBER 2021 SALAZAR HOLDS A 25% STAKE, CARRIED TO PRODUCTION Mineral Resources Mineral Content 737K Oz Au 23Kt Pb 10 Mt @ 5% Cu Eq 14870K Oz Ag 255Kt Zn (P and P reserves:6.5 Mt in Open Pit) 208K t Cu Daily Produc�on Es�mated Taxes, Royal�es and Jobs es�mated 1850 tpd 1
Slide 10: El Domo Is a Valuable Financial Asset for SRL
EL DOMO DOMOIS ISAAVALUABLE VALUABLEFINANCIAL FINANCIALASSET ASSETFOR FORSRL STRONG FUTURE CASH FLOWS FROM 25% SHARE YEAR 1-2 YEAR 3+ 95% - SVM 75% - SVM 13% Net 5% - SRL 25% - SRL ~23,000 Stream (plus SRL carrying Payback at spot value of TPA CU US$ 20M) 20,000 metal prices** EQ.* TPA CU 2 YEARS EQ
Slide 11: SRL 25% El Domo Stake Deeply Discounted
SRL 25% EL DOMO STAKE DEEPLY DISCOUNTED FRESH 100% DISCOVERY TO REDIFINE COMPANY HIGH VALUE PRE-DISCOVERY DISCOVERY STUDY PHASE BUILD OPERATION Q4 2026 “I fully intend to find EL DOMO FINANCED another deposit in Ecuador, and ideally $0.14 have funding from El MAY 2025 Domo to advance NEW explora�on o
Slide 12: New Portfolio, New Opportunities
NEW PORTFOLIO, NEW OPPORTUNITIES ADDITIONAL - LAND POSITION THROUGH AGREEMENT WITH SVM AND EXPECTED TO CLOSE ON Q3 2025 MACARA (100%) 1 VMS Polymetalic System 90km NE of the VMS Tambo Grande deposit, Peru. Cascabel TG1: 109 Mt tons of 1.6% Cu, 1.0% Zn, 0.5 g/t Au and 22 g/t Ag 77 TG3 (Algarrobos): 8
Slide 13: Macara Project
MACARA PROJECT VMS SYSTEM + HIDROTHERMAL BRECCIAS HOSTED IN PILLOW LAVAS. Licence details: 300 ha + 9088 ha requested Macara Permits for drilling in progress. Tambo Grande LOCATION GEOLOGY Located in Loja province at the VMS System with hydrothermal breccias + Stockwork hosted in South of Ecuador, a
Slide 14: Macara Project
MACARA PROJECT VMS SYSTEM + HYDROTHERMAL BRECCIAS HOSTED IN PILLOW LAVAS. MACARA ROCK SAMPLES MUESTRA Au (g/t) Ag (g/t) Cu (PPM) 50461 29.60 512.00 132 BR-016 22.56 169.90 79 BR-012 14.12 310.10 93 BR-014 11.12 160.90 252 52126 10.50 172.20 1632 BR-015 7.66 237.80 113 BR-013 7.48 123.50 578 52088 6.
Slide 15: Tarqui Project
TARQUI PROJECT: Cu-Mo PORPHYRY TARGET WITH RELATED HIGH-GRADE CORDILLERAN VEINS Licence details: 4,815ha. Panantza Tarqui Mirador All permits up to date LOCATION GEOLOGY Located in the Zamora province Outcropping copper oxide, in the jurassic silicate and sulphide minerals>1.6% Cu. Well preserved Me
Slide 16: Tarqui Project
TARQUI PROJECT: Cu-Mo PORPHYRY TARGET WITH RELATED HIGH-GRADE CORDILLERAN VEINS VEIN SAMPLES UP TO 3m WIDE DDH 6800m IN 13 DRILL HOLES SAMPLE Au_ppm Ag_ppm Cu_ppm Mo_ppm 700003 1.369 130.6 3223 16 HOLE FROM TO WIDTH Cu(ppm) Mo(ppm) CuEq (%) 700013 1.732 24.3 585 16 TARQ0001D 0 186 186 2840 10.5 0.32
Slide 17: Quimi Project
QUIMI PROJECT: EARLY STAGE COPPER -GOLD PROSPECT IN JURASSIC METALLOGENIC BELT Licence details: 2,732 ha Quimi Mirador All permits up to date Fruta del Norte LOCATION GEOLOGY Quimi South Cu anomaly located 5km from Mirador Norte Copper Deposit MIRADOR PIT INDICATED: 438 Mt @ 0.61% Cu, 0.19 g/t Au an
Slide 18: Quimi Project
QUIMI PROJECT: EARLY STAGE COPPER -GOLD PROSPECT IN JURASSIC METALLOGENIC BELT Samples taken from the early February 2019 field commission to southern Quimi. A. Strong potassic mottle in biotite altered, medium grained intrusive with epidote veinlets and 5-10% matrix py, 1-2% matrix cpy. B. Albite v
Slide 19: Santiago Project
SANTIAGO PROJECT: Cascabel Llurimagua EARLY STAGE COPPER- GOLD IN THE MIOCENE MINERAL BELT Licence details: 2,350 ha. Cangrejos All permits up to date Santiago LOCATION GEOLOGY Located in the province of Cu and Au geochemical anomalies Loja,37km north of the city of with coincident geology, shallow
Slide 20: Santiago Project
SANTIAGO PROJECT: EARLY STAGE COPPER- GOLD IN THE MIOCENE MINERAL BELT HIGH GRADE STRUCTURE SAMPLES Au ROCKS ANOMALY Cu ROCKS ANOMALY DRILLED BY NEWMONT SAMPLE 150556 STRUCTURE Veta Qz-Tourm Width (m) 1.90 Au (g/t) 1.19 Ag (g/t) 14.3 Hole # From (m) To (m) Width (m) Au (g/t) Cu (%) CuEq (%) 150557 V
Slide 21: Pijili Project
PIJILI PROJECT: Cu-Au PORPHYRY SYSTEM WITH EPITHERMAL TARGET AREAS Licence details: Pijilí 909ha. Chaucha All permits up to date Vein-stockwork + dyke intrusive breccia, iron LOCATION GEOLOGY oxides+fine disseminated magne�te; 0.3 - 0.8 g/t Au Located in the west of the province Cu-Au-Mo surface anom
Slide 22: Pijili Project
PIJILI PROJECT: Cu-Au PORPHYRY SYSTEM WITH EPITHERMAL TARGET AREAS MERCY DRILL HOLES Au Cu Mo CuEq DDH WIDTH (g/t) (%) (ppm) (%) Cu SOIL ANOMALY MERC-001 19 0.57 0.15 929 1.17* MERC-002 143 0.05 0.23 92 0.32* MERC-004 63 0.06 0.29 64 0.38* 430Mt@0,35% Cu y 0.022% Mo MERC-008 28 0.16 0.19 19 0.35* ME
Slide 23: Contact
Contact: Email: ir@salazarresources.com Phone: +1 604 685 9316 www.salazarresources.com
Slide 24: El Domo – Resources
EL DOMO – RESOURCES Open Pit Resources 10 Mt @ 5% Cu Eq Reserve Tonnes Cu Pb Zn Au Ag Cu Pb Zn Au Ag Category (Mt) (%) (%) (%) (g/t) (g/t) (kt) (kt) (kt) (koz) (koz) Mineral Resources Proven 3.1 2.50 0.2 2.3 2.83 41 78.4 6.7 72.0 285 4,175 Probable 3.3 1.39 0.3 2.67 2.23 50 46.4 9.4 89.4 240 5,342 7
Slide 25: El Domo – Resources
EL DOMO – RESOURCES Table 1a. Total Mineral Resources for El Domo, Curipamba Project - October 26,2021 (sum of table 1b and 1c) Table 1a. Total Mineral Resources for El Domo, Curipamba Project - October 26,2021 (sum of table 1b and 1c) Reserve Tonnes Cu Pb Zn Au Ag Cu Pb Zn Au Ag Reserve Tonnes Cu P
Slide 26: Working Toward 2030 SDGs
WORKING TOWARD 2030 SDGs U.N. SUSTAINABLE DEVELOPMENT GOALS ARE INTEGRAL TO OUR WORK Projects for the economic and social Projects to strengthen family skills, Technical assistance and processes to inclusion of the popula�on in social cohesion and use of free reduce emissions: vulnerable situa�ons:
Slide 27: www.salazarresources.com
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