Salazar Update
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 07/30/10 -- Salazar Resources Ltd. (TSX VENTURE: SRL)(FRANKFURT: CCG) (the 'Company') wishes to provide an update to its news release of July 2nd, 2010.
As previously announced, the Company's technical disclosure was reviewed by the British Columbia Securities Commission, this review included the Company's NI 43-101 Technical Report filed March 10th, 2009.
The Company's work on the review comments is ongoing and the Company anticipates the work will be completed on or about August 14th. The Company will make a further announcement in the event that the amended report makes any material changes to previously disclosed resource estimates.
ON BEHALF OF THE BOARD OF SALAZAR RESOURCES LIMITED
Fredy Salazar, President & CEO
Salazar Resources Limited
Salazar Resources Ltd. is a publicly-listed (TSX VENTURE: SRL) mineral resource company engaged in the exploration and development of new highly prospective areas in Ecuador. Led by a senior Ecuadorian management team and most notably by its namesake Fredy Salazar, this team has been instrumental in other major discoveries throughout Ecuador. Being an Ecuadorian based company gives the company a strategic advantage enabling the company to complete exploration at a rapid pace. With an excellent property portfolio (3 projects - 42,900 hectares), good geopolitical positioning and a number of strategic corporate and financial partnerships, Salazar has positioned itself to be a strategic player in Ecuador and throughout South America.
'Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.'
Contacts:
Salazar Resources Limited
Fredy Salazar
President & CEO
593.22278975
fsalazar@salazarresources.com
Empire Communications Inc.
Jeff Tindale
Investor Relations
604.484.0066
info@salazarresources.com