About Ecuador
The "Republic of the Ecuator" was one of three countries that emerged from the collapse of Gran Colombia in 1830 (the others being Colombia and Venezuela). Between 1904 and 1942, Ecuador lost territories in a series of conflicts with its neighbors. The resulting disagreement over the exact position of the border with Peru flared up in 1995 and was finally was resolved in 1999.
Ecuador is small country (about the size if Nevada in the USA) located in Western South America, bordering the Pacific Ocean at the Equator, between Colombia and Peru
The climate is tropical along coast, becoming cooler inland at higher elevations; tropical in Amazonian jungle lowlands. The Terrain varies from the coastal plain (costa), inter-Andean central highlands (sierra), and flat to rolling eastern jungle (oriente).
Why Explore for Gold In Ecuador:
- Geological studies performed by the British, Swedish and Ecuadorian Geological Surveys through the late 1990's have suggested that Ecuador has tremendous potential for discovery of new economic ore deposits.
- As part of the restructuring of the Ecuadorian economy, the World Bank opined that Ecuador should do its best to foster investment and development of the mining sector, in order to insulate it better from future El Niņo weather cycles.
- In April 2000, Ecuador took the extraordinary step of de-monetizing its own currency and adopting the United States dollar. All business in Ecuador is now transacted in US currency. This step has restored stability to the economy, allowing foreign investment to once again take place.
- The World Bank financed a project to put the mining tenement registry or catastral on the internet, to make it more transparent and corruption free. In this way, Ecuador has now avoided the problems of concession overlap, which is prevalent in the rest of South America.
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Ecuador Overview
Geological Overview