Ecuador's Copper-Gold Buildout Is Accelerating. This Carried-Interest Play Just Got a Lot More Interesting.
Salazar Resources has reported an updated technical study for the El Domo project in Ecuador, showing a 121% increase in after-tax NPV to US$573 million. The update includes a 10% increase in Mineral Reserves and significant expansion of both Measured/Indicated and Inferred Mineral Resources. Salazar holds a 25% interest in the project that is fully carried through to production.