Salazar Resources Secures Full Ecuador Portfolio, Keeps 25% El Domo Stake
Salazar Resources completed acquisition of Silvercorp’s subsidiaries to secure 100% ownership of the Santiago, Pijilí and Tarqui–Quimi copper–gold projects in Ecuador in exchange for a 1.5% net smelter return royalty. The company retains a 25% carried interest in the under-construction El Domo copper–gold mine and will advance drill-ready targets in 2026.
1. Acquisition Completion
Salazar finalized the acquisition of Silvercorp subsidiaries to secure 100% ownership of the Santiago (2,350 ha), Pijilí and Tarqui–Quimi copper–gold projects in Ecuador in exchange for a 1.5% net smelter return royalty, granting full strategic control over multiple exploration targets.
2. El Domo Stake
The company retains a 25% carried interest in the under-construction El Domo copper–gold mine, offering potential exposure to early-stage production and future cash flow once commissioning is complete.
3. Exploration Outlook
With ownership consolidation complete, Salazar is advancing high-priority targets toward drill-ready status in 2026 across its Ecuador portfolio, positioning for discovery-driven catalysts and preserving flexibility for joint ventures or internal development.