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Salazar Resources Limited

Mining and Exploration ~220 employees
Founded
--
Employees (Est.)
~220
11 leaders known
Total Funding
$3.0M
Funding Rounds
1
Last Funding
2023-01-12

About Salazar Resources Limited

Salazar Resources Ltd. is Ecuador's proven and trusted exploration company, focused on creating value and positive change through discovery, exploration, and development. The company holds a portfolio of carried and wholly-owned projects with significant growth potential.

Products & Services

Curipamba VMS Project (El Domo):A high-grade mining project in Ecuador with a 25% stake held by Salazar Resources through Curimining S.A. The project is set to start in 2024, with expected annual production of 10,463 tpa copper and 21,390 tpa copper equivalent. It includes a Feasibility Study for open-pit development (IRR of 32%, NPV8% of US$259 million) and a Preliminary Economic Assessment for underground mining (NPV8% of US$49 million).
Wholly-Owned Properties:A portfolio of exploration properties fully owned by Salazar Resources, presenting additional growth opportunities.
Exploration Projects (Pijili and Santiago):Salazar Resources holds a carried 20% stake in two exploration projects, Pijili and Santiago, focused on mineral discovery and development.

Specialties

Mineral Exploration Mine Development Copper and Precious Metals Mining Community Engagement in Mining Operations

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Private Placement
T: -
FT: Private Placement 		A: 3000000
MR: -
FA: $3,000,000
FAN: 3000000 		D: 2023-01-12
FD: 2023-01-12 		-
Private Placement Latest
2023-01-12
$3.0M

Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

F

Fredy Salazar

President & CEO

F

Freddy D. Salazar

Manager, Corporate Development; Company Secretary

N

Nick DeMare

Director

P

Pablo Acosta

Director, CFO

F

Francisco Soria Venegas

Exploration Manager

C

Carlos Aguila Guevara

Senior Geologist

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Recent News

Salazar Resources Limited Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Mining and Exploration
Company Size
~220 employees (est.)

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