Condor Resources Inc. - announces that it has reached agreement with Element79 Gold Corp. to revise the payment terms on a payment due December 21, 2023 of US$500,000 with respect to the Lucero project. Element79 are the owner of Calipuy Resources Inc., , and assumed Calipuy's obligations to acquire the shares of Condor's subsidiary, Minas Lucero [...]
Condor Resources Inc. - is pleased to advise that Condor, and its Peruvian subsidiary, have entered into an option and joint venture agreement on its wholly owned Cobreorco copper-gold project located in the Apurimac Department, Peru with Teck Perú S.A. , a subsidiary of Teck Resources Limited. Under the terms of the agreement, Teck has a first [...]
Condor Resources Inc. - is pleased to announce that it concluded the diamond drill program at its Pucamayo East project located in the Ica Department, Peru, on December 20th. The drill program consisted of 2,353m in nine drillholes, and was completed in compliance with all environmental requirements. Remediation of the drill platforms is currently [...]
Condor Resources Inc. - is pleased to announce that the diamond drilling has now commenced at its Pucamayo East project located in the Ica Department, Peru. The planned initial program will be a minimum 2,000m, in up to 15 drillholes. The maiden drill program at Pucamayo East is designed to explore the extent of the high sulphidation type [...]
Condor Resources Inc. - is pleased to advise that it has received the June 23, 2023 payment from Chakana Copper Corp. pursuant to Chakana's option to acquire a 100% interest in the Company's Soledad concessions in Peru. Under the terms of the agreement with Chakana, payment consisted of US$1.0 million cash, and 1.379 million Chakana shares [...]
Condor Resources Inc. - is pleased to advise that 100% of the 13.1 million warrants expiring June 18, 2023 have been exercised, resulting in gross proceeds to the Company of CDN $1.965 million. In addition, the Company has received CDN $97,750 from the exercise of incentive stock options, for total funds received in June of CDN $2.063 million. As [...]
Condor Resources Inc. - is pleased advise it has applied to the Peruvian Ministry of Energy and Mines for the primary environmental permit required to initiate a drill program at Cobreorco. The Declaración de Impacto Ambiental, or "DIA", seeks approval for up to forty drill platforms. Submission for the DIA is the culmination of months of work, and [...]
Condor Resources Inc. - is pleased to announce that it has signed a multi-year surface rights access agreement with the local community. This agreement allows the Company to commence its permitted drill program at the Pucamayo East project. The access agreement seeks to create a long term, mutually beneficial arrangement resulting from Condor's [...]
Condor Resources Inc. - announces that it was successful at a sealed bid auction conducted by a branch of the Peruvian Ministry of Energy and Mines in late March, and has now acquired the 2.55 sq km Yerupaja 103 concession, bringing the total area of the 100% owned Quriurqu project to over 11 sq kms. The project is approximately 12 kilometres south [...]
Condor Resources Inc. announces that it has received the March 31, 2023 payment of US$200,000 from Element79 Gold Corp. . Element79 became the sole owner of Calipuy Resources Inc., , and assumed Calipuy's obligations with respect to Calipuy's agreement to acquire the shares of Condor's subsidiary, Minas Lucero del Sur S.A.C., the owner of the [...]
Condor Resources Inc. - announces the resignation of Mr. Andres Recalde as Director, and as VP of Community and Social Relations. Condor CEO Lyle Davis said: "We thank Andres for his commitment and efforts to develop our community relations policies, and relations with local stakeholders, and wish him well in his future endeavours". Condor is an [...]
Condor Resources Inc. - announces that it has received the January 31, 2023 payment of US$100,000 from Element79 Gold Corp. . Element79 became the sole owner of Calipuy Resources Inc., , and assumed Calipuy's obligations with respect to Calipuy's agreement to acquire the shares of Condor's subsidiary, Minas Lucero del Sur S.A.C., the owner of the [...]
