checkAd

     948  0 Kommentare Adventus Zinc Enters Into Option Agreement With Salazar Resources on the Curipamba Copper-Zinc-Gold Project and Forms Exploration Alliance in Ecuador - Seite 2



  • The El Domo deposit is sub-horizontal, with approximate dimensions: 900 metres long, 300-500 metres wide and 10 metres thick, starting 35 metres from surface. It is located in low-lying hills approximately 35 km from the Pan-American highway with multiple road access routes. Several potential power and water infrastructure options have been identified, with Ecuador having one of the lowest power costs in Latin America.

  • Adventus and Salazar believe significant exploration potential exists to expand the El Domo deposit and to find additional deposits within the greenfield project, which was discovered in 2008. During 2017, Salazar completed approximately 10,000 m drill program including step-out drilling, highlighted by a step-out hole of 16.6 metres averaging 3.66 g/t Au, 117.40 g/t Ag, 4.88% Cu and 5.36% Zn (see Salazar's May 15, 2017 press release). There are several discrete high priority exploration targets near the El Domo deposit, including an undrilled 15 metre channel sample of 39 g/t Au and 741 g/t Ag (see Salazar's April 25, 2007 press release).

  • With funding from Adventus, a detailed airborne geophysical program on the full land package is expected to be completed for the first time, followed by regional exploration to discover new deposits. The airborne geophysical program is expected to commence in Q4 2017.
  • Christian Kargl-Simard, President and CEO of Adventus, commented, "Adventus is excited to become involved in such a high-quality exploration and development project and exploration alliance with a strong local partner in Salazar. This alliance represents an important step for Adventus towards its goal of becoming a leading global zinc exploration and development company. We are excited to invest and operate in Ecuador since the country has demonstrated its renewed commitment to economic growth by creating a welcoming climate for mining investment. Fredy Salazar has developed a sound reputation in Ecuador as a geologist involved in several significant discoveries, and as a steward of the Project among its local stakeholders. We look forward to working closely with Fredy and his team to create value for our respective shareholders and the people of Ecuador."

    Lesen Sie auch

    Seite 2 von 6






    Verfasst von Marketwired
    Adventus Zinc Enters Into Option Agreement With Salazar Resources on the Curipamba Copper-Zinc-Gold Project and Forms Exploration Alliance in Ecuador - Seite 2 TORONTO, ONTARIO--(Marketwired - Sept. 14, 2017) - Adventus Zinc Corporation ("Adventus") (TSX VENTURE:ADZN) and Salazar Resources Limited ("Salazar") (TSX VENTURE:SRL) are pleased to announce that they have entered into a definitive option …