Salazar Resources Reports up to 100 g/t Gold and 1,000 g/t Silver from Rock Chip Sampling at Tarqui Concession, Ecuador

About this update from Salazar Resources Limited

Vancouver, British Columbia--(Newsfile Corp. - June 1, 2026) - SALAZAR RESOURCES LIMITED (TSXV: SRL) (OTCQB: SRLZF) (FSE: CCG) ("Salazar" or the "Company") is pleased to report up to 100 g/t gold and 1,000 g/t silver at Tarqui, confirming high-grade precious metals upside alongside BHP-drilled district-scale copper porphyry in Ecuador. Why This Matters Salazar Resources has confirmed two compelling and complementary mineral systems at its 100%-owned Tarqui Concession in southeastern Ecuador: a large, well-defined copper-molybdenum porphyry and a high-grade gold-silver epithermal vein system recently sampled by Salazar. The Company also provides an update on soil anomaly values at its Quimi Concession. The Tarqui and Quimi concessions are located approximately 10 km apart within one of the world's most prolific copper-gold belts, just 5 km from the northern extension of the Mirador Mine. Together, these targets represent a rare combination of large-scale bulk-tonnage potential and exceptional high-grade upside across two wholly owned properties. "We are very encouraged by the combination of a large, well-defined copper-molybdenum porphyry system and high-grade gold-silver veins in Tarqui, which provide a compelling exploration opportunity. Historical drilling provides important insight into the porphyry system, while recent technical work suggests potential for higher-grade mineralization nearby. Combined with the promising soil anomalies identified at the underexplored Quimi Concession. With the mineralized systems remaining open in multiple directions and at depth, we believe Tarqui and Quimi could evolve into important discoveries within one of the world's most prospective copper-gold belts." — Fredy Salazar, CEO, Salazar Resources Key Highlights Tarqui Copper-Molybdenum Porphyry System Yumi High-Grade Gold-Silver Epithermal Veins Strategic Location, Tier-One Copper and Gold Belt Project Overview The Tarqui and Quimi concessions cover 7,547 hectares in Morona Santiago Province, approximately 15 km from Gualaquiza. The concessions are located about 20 km and 5 km from Mirador Norte (the northern extension of the Mirador Mine, operated by ECSA), respectively, and lie along the same regional structural corridor as the Panantza-San Carlos and Warintza porphyry deposits. ² In addition, the project is situated 48 km ...

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