Salazar Resources Files NI 43-101 Technical Report for the Curipamba-El Domo Project
Salazar files an El Domo NI 43-101 report confirming prior resource upgrades.
Salazar Resources Limited has announced the filing of an independent NI 43-101 Technical Report for its Curipamba-El Domo project in Ecuador. Prepared by SRK Consulting (China) Ltd. with an effective date of December 31, 2025, the document supports updated Mineral Resource and Mineral Reserve estimates previously announced on July 15, 2026.
Salazar retains a 25% carried interest in the project, while Silvercorp Metals Inc. holds the remaining 75% interest and serves as the operator. The filing serves as an administrative follow-up to the July 15 announcement, which detailed a 121% increase in after-tax net present value (NPV) to US$573 million and a 10% expansion in reserves.
Salazar Resources Limited (SRL) released a routine administrative filing confirming the technical report previously disclosed on July 15, 2026. The filing contains no new financial, operational, or exploratory data. The market had already priced in the July 15 updates, as evidenced by the stock's appreciation from $0.23 to $0.40 over the subsequent month. The filing validates the previously announced economic upgrades and construction status.
Salazar Resources Limited (SRL) is a Canadian junior exploration and development company focused on Ecuador. The firm is transitioning from a pure exploration play to a development-stage company with near-term production exposure through its carried interest in the El Domo project.
The El Domo project, part of the Curipamba-El Domo polymetallic complex, is operated by Silvercorp Metals, which holds a 75% interest, while Salazar Resources holds a 25% fully carried interest. Construction is currently underway, with a target for first commercial concentrates in mid-2027. An updated NI 43-101 report for the project indicates an after-tax net present value (NPV) of US$573 million at an 8% discount rate, alongside expanded reserves.
Salazar’s exploration portfolio includes 100% owned projects such as Monja, a copper-gold porphyry; Santiago, a copper-gold porphyry; and Tarqui-Quimi, which features copper-molybdenum porphyry and high-grade epithermal veins. The company also holds interests in El Tigre, a gold-bearing barite horizon, and Pijilí, a copper-molybdenum project.