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Salazar Resources Announces Drilling Results from El Domo Deposit, Ecuador

Salazar Resources Ltd. (TSX VENTURE:SRL)(FRANKFURT:CCG) - Mr. Fredy Salazar, President and CEO, has announced the latest assay results from drilling at the El Domo deposit in the Las Naves Central area of its Curipamba Volcanic Hosted Massive Sulphide Project in Ecuador.

The October 8, 2010 Technical Report on the Curipamba Project recommends a continuation of infill and step out drilling to define the nature and extent of the El Domo zone and to test other geological/geophysics that have been defined elsewhere on the property. The Company is pleased to announce results from the El Domo drill program for diamond drill holes (DDH) Curi-10-65 through Curi-10-68. The most significant intersections were in Curi-10-67 and 68 in the south eastern portion of the deposit where thick zones of high grade mineralization were encountered including:

  • Curi-10-67 intersected 12.95 meters at 2.04 g/t gold, 69.50 g/t silver, 1.91 % copper and 6.81 % Zinc
  • Curi-10-68 intersected 14.37 meters at 5.94 g/t gold, 69.65 g/t silver, 2.74 % copper and 4.00 % zinc

"The El Domo deposit has reached the impressive dimensions of approximately 550 m strike length, a width of approximately 250 m and an average thickness of approximately 10 m", says Fredy Salazar, President and CEO. "These results demonstrate the continuity of mineralization to the south and we are particularly excited by the presence of outstanding precious metals values including 2 m of 31 g/t gold in DDH 68. Drilling continues to delineate the deposit in all directions".

Tom Healy P.Eng. is the Qualified Person as defined by NI-43-101 with the ability and authority to verify the authenticity and validity of the data.

A QC program was used whereby 5% of all samples sent to the laboratory were standard samples with known silver and gold values. Sample preparation was performed by BSI Inspectorate Quito, Ecuador, using standard industry practices (sample prep minus 32). Analytical work was carried out at the BSI Inspectorate Laboratory in Lima, Peru, using fire assay methods for gold (Au-25 procedure). Standard samples, blanks and duplicate check samples were randomly inserted to the sample batch to ensure quality control.

Source:

Salazar Resources Ltd.

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