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Salazar Resources Limited: Salazar Resources Enters Letter of Intent to Acquire the Los Santos 2 1 Copper / Gold Project, El Oro, Ecuador

Salazar Resources Limited: Salazar Resources Enters Letter of Intent to Acquire the Los Santos 2.1 Copper / Gold Project, El Oro, Ecuador SALAZAR RESOURCES LIMITED (TSXV: SRL) (FSE: CCG) ( Salazar Resources or the Company ) is pleased to announce it has significantly increased its total claim holdings in the Cerro Pelado gold district to 2,444 hectares ( ha ), having entered into a binding Letter of Intent (the LOI ) with Minera Mesaloma S.A. (the Vendor or Minera Mesaloma ) and been granted the option to acquire up to 100% of the Los Santos gold project (comprised of the Los Santos 2.1 concession) ( Los Santos or the Project ) near Salazar Resources Osos project, El Oro, Ecuador, subject to receipt of approval of the TSX Venture Exchange (the

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