Mr. Lyle Davis reports
CONDOR PROVIDES UPDATES ON DRILLING PROGRAMS AT SOLEDAD AND OCROS PROJECTS
Condor Resources Inc. has provided further updates on the continuing diamond drill programs at the Soledad project and at the Ocros project, both in the Ancash department, Peru.
Further to its news release of Sept. 26, 2017, Chakana Resources SAC advises it is now drilling its 12th hole at breccia pipe No. 1 on the Soledad project. Results from Chakana's first two holes at the Soledad project were released earlier today in a press release issued by Remo Resources Corp., which press release details an amalgamation agreement between Remo and Chakana Copper Corp.
Chakana has the option to earn a 100-per-cent interest in Soledad, over a period of 4.5 years, subject to a 2-per-cent net smelter return royalty in favour of Condor.
Further to its press release of Sept. 26, 2017, Compania Minera Virgen de la Merced SAC has completed its first hole at Condor's Ocros project to a depth of 737 metres. Merced is continuing with its second hole, which earlier today was at a depth of 52 metres.
Merced has the option to earn a 70-per-cent interest in Ocros over a period of four years.
Condor is an explorer and project generator focused exclusively on Peru, and the company's objective is the discovery of a major new precious metal or base metal deposit. Project acquisition and development are managed by the company's Lima-based exploration team.
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