Mr. Lyle Davis reports
DRILLING COMMENCED AT CONDOR'S OCROS PROJECT, ANCASH, PERU
Further to Condor Resources Inc.'s news release of Dec. 9, 2016, written approval for the Iniciacion de Actividades has been received from the Peruvian Ministry of Energy and Mines. In anticipation of this approval, Compania Minera Casapalca SA had mobilized its drilling contractor to the Ocros project earlier this month.
The location of the first drill hole can be seen on the company's website. DDH-001 is located about 100 metres to the south of the old workings and adits, which run from east to west. DDH-001, with an azimuth of 285 degrees and a dip of minus 75 degrees, is oriented to closely parallel the old workings.
The objective of the drill program is test the continuity of the mineralization over an approximate area of 1.5 square kilometres centred around the adits of the historic Eldorado mine, where the mineralization has been confirmed by systematic sampling on two levels, and over 325 m on each level (refer to the company's July 7, 2015, news release).
Condor is an explorer and project generator focused exclusively on Peru, and its objective is the discovery of a major new precious metals or base metals deposit. Project acquisition and development are managed by the company's Lima-based exploration team.
We seek Safe Harbor.
© 2024 Canjex Publishing Ltd. All rights reserved.