02:47:10 EDT Thu 02 May 2024
Enter Symbol
or Name
USA
CA



Condor Resources Inc
Symbol CN
Shares Issued 141,079,808
Close 2023-10-05 C$ 0.29
Market Cap C$ 40,913,144
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Condor Resources begins drilling at Pucamayo East

2023-10-06 09:10 ET - News Release

Mr. Lyle Davis reports

CONDOR COMMENCES DRILLING AT THE PUCAMAYO EAST PROJECT, PERU

Condor Resources Inc. has commenced diamond drilling at its Pucamayo East project located in the Ica department in Peru. The planned initial program will be a minimum 2,000 metres in up to 15 drill holes.

The maiden drill program at Pucamayo East is designed to explore the extent of the high-sulphidation-type epithermal gold and silver mineralized ledges of breccia and silicification identified in outcrop and which are associated with large areas of high-sulphidation-type alteration assemblages, including extensive vuggy silica. An additional target to be tested includes an outcropping area of multiphase stockwork and alteration interpreted to be a leached porphyry system associated with consistently anomalous gold and copper. Both priority targets are in close proximity to each other.

Condor and its contractors will be employing and utilizing local residents and businesses to the fullest extent possible to ensure Condor's exploration activities create a mutually beneficial arrangement for both the company and the community.

Ever Marquez, Condor's vice-president of exploration, stated, "Condor is excited to be finally testing this outstanding exploration target and is committed to continue with responsible mineral exploration that delivers a positive impact to the communities in which we live and work."

Condor is an active explorer focused exclusively on Peru, supplemented by a project generator and royalty model designed to generate exploration capital whilst minimizing shareholder dilution. The company's objective in advancing its portfolio of projects is the discovery of a major new precious metal or base metal deposit in Peru. Project acquisition and exploration activities are managed by the company's Lima-based exploration team.

We seek Safe Harbor.

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