Salazar Resources Limited (TSXV:SRL) signed a letter of intent to acquire certain exploration assets in Ecuador from Silvercorp Metals Inc. (TSX:SVM) on December 23, 2024.

The Transaction is subject to the finalization of definitive agreement and customary closing conditions. The transaction is expected to close in the first quarter of 2025. Salazar Resources Limited (TSXV:SRL) signed an agreement acquire certain exploration assets in Ecuador from Silvercorp Metals Inc. (TSX:SVM) on July 28, 2025. Salazar Resources and Silvercorp are moving to close the Transaction.

Salazar Resources Limited (TSXV:SRL) completed the acquisition of certain exploration assets in Ecuador from Silvercorp Metals Inc. (TSX:SVM) on March 18, 2026. With ownership consolidation largely complete, Salazar Resources Limited is now focused on advancing priority exploration targets toward drilling in 2026.