01:07:20 EDT Thu 02 May 2024
Enter Symbol
or Name
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Condor Resources Inc
Symbol CN
Shares Issued 141,104,808
Close 2023-12-21 C$ 0.49
Market Cap C$ 69,141,356
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Condor Resources completes Pucamayo East drill program

2023-12-21 16:16 ET - News Release

Mr. Lyle Davis reports

CONDOR COMPLETES DRILL PROGRAM AT THE PUCAMAYO EAST PROJECT, PERU

Condor Resources Inc. concluded the diamond drill program at its Pucamayo East project located in the Ica department, Peru, on Dec. 20.

The drill program consisted of 2,353 metres in nine drill holes, and was completed in compliance with all environmental requirements. Remediation of the drill platforms is currently under way.

Sample preparation and delivery for analysis was active during the drill program, and the final sample shipment is expected to be delivered to the lab this week. Results of the first four drill holes have been received and are currently being compiled and evaluated, with results for the final five drill holes not expected until January. Once all results are received, the results will be summarized and released at that time.

Six of the drill holes tested the extent of the high-sulphidation-type epithermal gold and silver mineralized outcropping ledges of breccia and silicification associated with large areas of high-sulphidation-type alteration assemblages, including extensive vuggy silica. Three of the drill holes tested an outcropping area of multiphase stockwork and alteration interpreted to be a porphyry system associated with anomalous gold and copper.

About Condor Resources Inc.

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. Its objective in advancing its portfolio of projects is the discovery of a major new precious metals or base metals 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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