Salazar Resources Ltd. Retains Cronus Capital Markets for Strategic Consulting

(EMAILWIRE.COM, June 26, 2007 ) New York, NY -- Salazar Resources Ltd. (TSX VENTURE: SRL.V) (FRANKFURT: CCG.F) has retained CCM Consulting, a division of Cronus Capital Markets (CCM) Inc., to assist the company with information-based strategies to increase public awareness and overall liquidity for Salazar Resources Ltd.The services to be provided by CCM will include arrangement and coordination of research coverage through CCM Research, a division of Cronus Capital Markets, ongoing media coverage, web-based as well as live investor presentations, and distribution and dissemination of research reports. Salazar Resources Ltd. will be paying $42,500 for these services over the next 12 months.There is no prior relationship between Salazar Resources Ltd. and CCM, nor is there any prior direct or indirect interest in Salazar Resources Ltd. or its securities, or any right to acquire such an interest, on the part of CCM. Mr. Michael Soni, President and CEO of Cronus Capital Markets will have primary responsibility for implementing this program. Prior to founding Cronus Capital Markets, Mr. Soni gained international experience in the venture capital and hedge fund arenas. During the 90’s, Mr. Soni was a leading member of a top ranked money management team at Scotia McLeod, with $250 million dollars in assets, where he was primarily responsible for equity research, trading, and investment strategy.ABOUT SALAZAR RESOURCES LTD.Salazar Resources Ltd. is a publicly-listed (TSX-V:SRL) mineral resource company engaged in the exploration and development of new highly prospective areas of 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, including Aurelian's Fruta del Norte discovery, IAM Gold's Quimsacocha Deposit, Mozo Deposit, Ex Newmont's Cangrejos Project and International Minerals Rio Blanco and Gaby Deposit. Being an Ecudorian based company gives us a strategic advantage enabling us to do the exploration at a rapid pace. With an excellent property portfolio, good geopolitical positioning and a number of strategic corporate and financial partnerships, Salazar has positioned itself to be a strategic player in Ecuador.ABOUT CRONUS CAPITAL MARKETS Cronus Capital Markets (www.cronuscapitalmarkets.com), with offices in Toronto and New York, assists companies in a wide variety of industries and emerging growth sectors, creates and executes information-based strategies to overcome market inefficiencies that are commonplace for the vast majority of public companies; such as share illiquidity and stagnant market presence. The head office of Cronus Capital Markets is located at Suite 206, 116 Spadina Avenue, Toronto, Ontario M5V 2K6. The TSX Venture Exchange has neither approved nor disapproved the contents of the press release.Dianne RudderhamTel: 416-368-3700###This press release was issued through GroupWeb EmailWire.Com. For more information on press release distribution, go to http://www.emailwire.com.

Dianne Rudderham

rudderham@cronuscapitalmarkets.com