gold prospecting in Ecuador partner ship opportunities

I am looking for a fellow gold prospector to gold hunt in Ecuador in 2010.
If your interested pleas mail me wojak@rogers.com

Hello digmaster!
My name is Wojtek, im from Mississauga Ontario.
Im planning a gold prospecting expedition to Ecuador next year 06. 2010
Im looking for a partner who is interested in accompanying me in gold hunting.
I have 3 metal detectors along with Minelab GPX 4500 .
I`ve obtainet some maps and informations which i can share.
If interested or have any questions pleas repy to wojak@rogers.com
http://gpex.ca

Hola Amigo y su Amigas,

Welcome to the forum Jack, happy to have you join with us.

Seems to be quite a bit of interest for gold prospecting in Ecuador.
However recently there was a moratorium on all mining and exploration while
President Correa legislated a new law and tried to make peace with the indigenous
Indians and environmentalists. Several Canadian companies have very rich gold
deposits to mine but have put the mining on hold while they figure out how the
new law affects them.

More on the recent history of the problems here:
UPDATE 1-Ecuador president backs new law to enable mining
| Reuters



Can you update us on how prospecting is regulated and whether you can carry out
your prospecting activities without too much government or other interference?
Been thinking about a prospecting, gold panning holiday and language upgrading
myself in Ecuador.

Thanks. Look forward for any information you can provide and also how your own
prospecting goes. Pictures would be most welcome - worth a thousand words.

UPDATE 1-Ecuador president backs new law to enable mining


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Kinross Gold Corp
K.TO
$15.00
+0.10+0.67%
04/29/2011
Thu Jan 15, 2009 11:14am EST
(Adds Correa's quote, details and background)

Jan 15 (Reuters) - Ecuador President Rafael Correa on Thursday said he will not back down from a recently approved law that encourages mining and has sparked protests by Indians and environmentalists.

The new law slaps royalties on mining companies and lifts a nine-month ban on exploration that hurt the stock price of companies operating in the Andean nation. Foreign mining companies have found massive gold, silver and copper deposits in southern Ecuador.

"It is necessary to propel responsible mining," Correa said during his state of the state to the assembly. "I will not back down on the mining law."

Correa has to ratify or make changes to the new mining law approved by the assembly earlier this week. The socialist had threatened to veto the law if lawmakers made deep changes to the legislation.

The law sets at least 5 percent royalties based on sales and boosts government controls over the nascent sector.

The law could spark new anti-mining protests by Indian groups and environmentalists who say the legislation favors foreign companies over poor communities and threatens the country's pristine environment. Sometimes violent protests have kept investors worried over the development of the sector.

Worldwide mining companies are slashing investment plans and selling assets to keep much-needed capital as international credit grows scarce and the price of industrial metals plummet on fears of global recession.

Miners including Corriente Resources CTQ.TO and Kinross (K.TO) sit on multibillion dollar metal deposits, but analysts say the development of those projects could be delayed due to the global crisis.

(Reporting by Alonso Soto; Editing by David Gregorio)

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