Salazar Hits 100 g/t Gold and 1,000 g/t Silver at Tarqui Concession
SVM•Salazar reported rock-chip results up to 100 g/t gold and 1,000 g/t silver from its Yumi epithermal vein at its Tarqui concession in Ecuador. The project overlies a 1.8×1.0 km copper-molybdenum porphyry drilled by BHP, with historic intercepts up to 0.34% copper-equivalent over 218 m.
1. High-Grade Gold-Silver Results
Salazar’s recent sampling at the Yumi vein returned one over-limit assay exceeding 100 g/t gold and 1,000 g/t silver, plus 13 additional rock chips grading between 1.0 and 17.9 g/t gold along a 100-metre strike. These surface results signal a high-grade epithermal system now deemed drill-worthy, though true grades at depth remain untested.
2. BHP Drill-Confirmed Porphyry
Beneath the epithermal veins lies a 1.8 km by 1.0 km copper-molybdenum porphyry anomaly that BHP drilled between 2019 and 2022 under an earn-in. Historical holes returned 0.33% CuEq over 186 m (within 0.22% over 682 m) and 0.34% CuEq over 218 m (with higher-grade subintervals up to 0.54% CuEq), confirming bulk-tonnage potential.
3. Strategic Location and Outlook
Tarqui and adjacent Quimi cover 7,547 hectares in Morona Santiago Province, on trend with planetscale porphyries and 48 km north of Lundin Gold’s Fruta del Norte. With mineralization open along strike and at depth, management plans follow-up drilling to test both the high-grade vein and underlying porphyry systems for resource definition.
