Zoloto Resources Ltd. has expanded its operation into Ecuador. The company has acquired 49% of the Zumba Mill in Ecuador. The Zumba Mill is located in northern Ecuador.

It has the capacity to process 50 tons of ore per day. It is projected that the average head grade for the next six months will be 7 grams per ton. The Zumba mill also does contract milling for miners who do not have milling capacity.

The milling capacity of the mill is expected to increase to 100 tons per day by October 2014. Zoloto has been offered significant opportunities in Ecuador and intends on pursuing them. These opportunities will generate substantial cash flow for the company and allow it to grow.

The company expects to process gold, silver and copper in Ecuador.