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Head Office:
EcuaGold Resources Ltd.
1400 - 355 Burrard Street
Vancouver, BC, V6G 2G8
Canada
Contact (in the US):
Anthony F. Ciali
President & CEO
Tel: (609) 844-7746
Contact (Investor Relations)
Anthony Srdanovic
Tel: (604) 684-4743 ext 242
Toll Free: (866) 684-4743
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EcuaGold Resources Ltd. is focused on the acquisition, exploration and, if warranted, the development of precious minerals properties in Ecuador. The company presently controls a 100% interest in 11 concessions, has an option to earn a 100% interest in another concession and has applications pending with Ecuador's Ministry of Energy and Mines for 21 additional concessions. EcuaGold's land position currently exceeds 31,000 hectares, comprising eight distinct projects, and will approximate 96,000 hectares, comprising nine distinct projects, if the pending concession applications are granted in full. The majority of Ecuagold's properties are located in southern Ecuador.
In connection with its TSX Venture Exchange listing, EcuaGold obtained NI 43-101 Reports for the Company's two principal exploration properties in Ecuador, the Molleturo and the Curiplaya Projects. Based on these reports, both projects were classified as Tier I qualifying properties for purposes of the listing. The Molleturo Project contains high-grade polymetallic mineralization (Ag, Pb, Zn, Au) and has had historical small-scale mining activity. The Curiplaya Project is a Gold-Copper porphyry located in the Dynasty Copper-Gold Belt and has had significant historical exploration activity, including over 5,000 metres of drilling.
EcuaGold's 2007 exploration budget includes an allocation of US$1.35 million on the Molleturo Project (3,000 metres of planned drilling) and US$ 1.22 million on the Curiplaya Project (2,500 metres of planned drilling), pursuant to the respective NI 43-101 Reports on the projects.
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