Odin Mining and Exploration Limited, TSX-V: ODN, is a Vancouver based Canadian precious and base metals exploration and development company with exploration projects in Ecuador. Odin’s projects are in El Oro province, part of the Andean foothills of South West Ecuador.
About Ecuador:
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Continuation of the Chile / Peru / Ecuador Andean belt
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Historically, before current political boundaries, countryside forming what is now Ecuador, was part of the historic Andean major gold supply from at least 15th century, including Peru and Gran Columbia
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Area with the longest mining history is El Oro Province (where Odin projects are located)
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Ecuador experienced economic, political and social collapse in 2000 and adopted US$ as currency
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Since election of President Correa in 2007, Ecuador has had 5 years of stable government and has recently publicly espoused a “pro” mining policy
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Fresh election process begins 2013
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At PDAC, March 5, 2012, Ecuador compared its new policy towards encouraging foreign exploitation of minerals as similar to the emergence of Chile as a mining destination, in the 1980s
