Salazar Intercepts 6.35 Meters of 4.53 g/t Gold, 58.05 g/t Silver, 0.75% Copper and 5.54% Zinc Northeast of the El Domo Deposit

Salazar Resources Ltd. (TSX VENTURE:SRL)(FRANKFURT:CCG) is pleased to report
results for an additional seven holes (958.10 metres) from the recently
completed Phase IV diamond drill program on the Company's 100-per-cent-owned
(30,327 ha) Curipamba volcanogenic massive sulphide (VMS) project in Ecuador.
These holes represent new exploratory drilling and were not included in the new
El Domo resource estimate which was released on January 12, 2012. The 7 holes
were drilled to test for mineralization west and north-east of the existing
resource blocks (Figure 1).




Highlights Include:

--  CURI-187 intersected 6.35 metres averaging 4.53 g/t gold, 58.05 g/t
    silver, 0.75% copper and 5.54% zinc 
--  CURI-192 intersected 5.20 metres averaging 0.87 g/t gold, 26.96 g/t
    silver, 0.2% copper and 1.45% zinc 



Holes CURI-187 and CURI-192 were drilled approximately 100 metres and 200 metres
east of the strong mineralization in hole CURI-185 (3.18 metres averaging 3.04
g/t gold, 57.48 g/t silver and 2.14% copper; previously released on May 14,
2012). Both CURI-187 and CURI-192 intersected strong precious metals
mineralization (Table 1) which indicates a significant extension to the
mineralization, beneath the andesite sill, in this area.


The Phase IV drill program comprised 51 holes (10,245.92 meters) of new
exploratory drilling of which none of the holes were included in the updated
resource estimate released by Salazar on January 12, 2012.

To date results for 37 holes of the Phase IV drill program have been reported
and we anticipate to have the remaining holes available shortly.


Fredy Salazar, President and CEO, commented: "The intersections in holes
CURI-185, CURI-187 and CURI-192, drilled over a distance of approximately 200
metres, indicate the presence of highly anomalous areas with significant
mineralization in a new area to the northeast of the current resource. This new
area is open to the south, north, and east, is close to the El Domo resource
blocks, and will be a target of future exploration."




Table 1: Significant Intersections
---------------------------------------------------------------------------
                      FROM     TO  WIDTH     Au     Ag     Cu     Pb     Zn
HOLE ID                 (m)    (m)    (m)  (g/t)  (g/t)    (%)    (%)    (%)
---------------------------------------------------------------------------
CURI-186  No significant mineralization encountered in this hole           
---------------------------------------------------------------------------
CURI-187             89.35  95.70   6.35   4.53  58.05   0.75   0.46   5.54
---------------------------------------------------------------------------
          including  89.35  91.43   2.08  10.74  94.24   0.68   0.48   7.81
---------------------------------------------------------------------------
CURI-188  No significant mineralization encountered in this hole           
---------------------------------------------------------------------------
CURI-189  No significant mineralization encountered in this hole           
---------------------------------------------------------------------------
CURI-190  No significant mineralization encountered in this hole           
---------------------------------------------------------------------------
CURI-191  No significant mineralization encountered in this hole           
---------------------------------------------------------------------------
CURI-192             60.69  65.89   5.20   0.87  26.96   0.20   0.11   1.45
---------------------------------------------------------------------------
          including  60.69  64.77   4.08   1.05  28.68   0.21   0.12   1.61
---------------------------------------------------------------------------
Widths represent down hole core lengths.



To view "Figure 1: Map of El Domo Pierce Points with Resource Outlines"
accompanying this press release, please click on the following link:
http://media3.marketwire.com/docs/srl67i.pdf




Table 2: Drill Hole Specifications
---------------------------------------------------------------------------
                                                    Az        Dip       EOH
Hole ID       Easting    Northing      Elev    degrees    degrees        (m)
---------------------------------------------------------------------------
CURI-186       694936     9855400    911.69         90        -70    167.95
---------------------------------------------------------------------------
CURI-187       695353     9855650    972.07         90        -65    173.80
---------------------------------------------------------------------------
CURI-188       694932     9855400    911.76        270        -60     95.95
---------------------------------------------------------------------------
CURI-189       694977     9855350    908.05        270        -60    137.80
---------------------------------------------------------------------------
CURI-190       695041     9855550    937.51        270        -75    171.00
---------------------------------------------------------------------------
CURI-191       695051     9855650    924.94        270        -45     82.65
---------------------------------------------------------------------------
CURI-192       695478     9855650    963.10        270        -75    128.95
---------------------------------------------------------------------------
                                                            TOTAL    958.10
                                                          -----------------



Drill core samples were analyzed by ALS Chemex Labs Ltd. and IBS Inspectorate,
ISO 9001:2000 certified laboratories, in Ecuador. Salazar maintains a QA/QC
program whereby standard samples and blanks are inserted into each batch of
samples to ensure quality control.


Kieran Downes, P.Geo., a qualified person as defined by National Instrument
43-101, has reviewed and verified the technical information provided in this
release.


ON BEHALF OF THE BOARD OF SALAZAR RESOURCES LIMITED

Fredy Salazar, President & CEO

Salazar Resources Limited

About Salazar Resources: Salazar Resources Ltd. is a publicly-listed (TSX
VENTURE:SRL)(FRANKFURT:CCG) mineral resource company engaged in the exploration
and development of new highly prospective areas in Ecuador. Led by a senior
Ecuadorian management team and most notably by its namesake Fredy Salazar, this
team has been instrumental in other major discoveries throughout Ecuador. Being
based in Ecuador", thus have thorough knowledge of local human and environmental
issues, gives the company a strategic advantage, enabling it to complete
exploration at a rapid pace. With an excellent property portfolio (3 projects -
42,900 hectares), good geopolitical positioning and a number of strategic
corporate and financial partnerships, Salazar has positioned itself to be a
strategic player in Ecuador and throughout South America.


This press release may contain certain forward-looking information. All
statements included herein, other than statements of historical fact, are
forward-looking information and such information involves various risks and
uncertainties. There can be no assurance that such information will prove to be
accurate, and actual results and future events could differ materially from
those anticipated in such information. A description of assumptions used to
develop such forward-looking information and a description of risk factors that
may cause actual results to differ materially from forward-looking information
can be found in the company's disclosure documents on the SEDAR website at
www.sedar.com. The company does not undertake to update any forward-looking
information except in accordance with applicable securities laws.