Salazar Resources defines 650m x 500m gold-bearing barite horizon at El Tigre

Vancouver, British Columbia--(Newsfile Corp. - June 16, 2026) - SALAZAR RESOURCES LIMITED (TSXV: SRL) (OTCQB: SRLZF) (FSE: CCG) ("Salazar" or the "Company") is pleased to report results from rock chip sampling and geologic mapping at its 100%-owned El Tigre Project in Loja Province, Ecuador. The program builds on previously reported geological, geochemical, and geophysical work and marks a significant step in defining a priority drill target. HIGHLIGHTS T2 Zone: 45m grading 8.94 g/t AuEq (weighted average from semi-continuous rock chip samples) T3 Zone: 50m grading 2.02 g/t AuEq (weighted average from semi-continuous rock chip samples) Results define a laterally extensive, gold-bearing barite-rich horizon measuring approximately 650m x 500m at surface Geological characteristics show notable similarities to the Tambo Grande district (TG1 deposit, Peru) - a world-class VMS system hosted within correlative Lancones Formation stratigraphy¹ Mineralization remains open along strike and at depth; scout drilling program now being designed to test both surface and subsurface sulphide targets Fredy Salazar, President and CEO, commented: "El Tigre is emerging as a genuinely compelling target.

A 650-metre by 500-metre gold-bearing barite horizon at surface, with geological characteristics that echo the Tambo Grande system, is exactly the kind of footprint that warrants aggressive follow-up. We are now designing a scout drill program to test both the surface mineralization and the potential for underlying sulphide mineralization at depth. This is an exciting moment for the project." Sampling and Geological Interpretation The current program was designed to expand and infill previously identified geochemical anomalies and mapped mineralized zones.

When integrated with historical datasets and geological work (see news releases dated July 11, 20