Condor Resources Inc. - is pleased to provide a detailed description and update of our Cobreorco Porphyry- Skarn Project, a copper-gold prospect in south central Peru. Cobreorco is a 47 sq km project acquired by staking, is royalty free, and 100% owned by Condor, located in the province of Andahuaylas in the department of Apurimac, in the prolific [...]
Condor Resources Inc. - is pleased to announce that it has received US$800,000 cash from Chakana Copper Corp. and 1,379,310 Chakana shares, pursuant to Chakana's option to acquire 100% interest in the Company's Soledad concessions. As detailed in the Company's news release of April 18, 2022, Chakana can complete the purchase of the Soledad [...]
Condor Resources Inc. - is pleased to announce that it has signed a binding agreement with Chakana Copper Corp. with respect to the Company's Soledad project in Peru, and Chakana's scheduled payment of US$4.425 million. Pursuant to the Agreement, the expiry of Chakana's April 2017 option to acquire a 100% interest in Condor's Soledad concessions [...]
Condor Resources Inc. - is pleased to welcome Andres Recalde as an independent director of the Company. Mr. Recalde is Peruvian/Canadian and has worked extensively in Latin America as a consultant, advisor and corporate director to mining companies such as Torex Gold Resources Inc. , Canada Gold Inc. , and Barrick Gold . Mr. Recalde holds an MBA [...]
Condor Resources Inc. - is pleased to announce that it has entered into an agreement with Compañia Minera Virgen de la Merced S.A.C. of Peru, whereby Virgen may acquire Condor's remaining 34% net interest in the Ocros project in Peru. Consideration to be paid by Virgen is US$1million, paid in installments of U$100,000 every three months, with the [...]
Condor Resources Inc. - is pleased to congratulate Dr. Hennigh on his appointment as a full time executive Geologic and Technical Advisor for Crescat Capital LLC. With Dr. Hennigh's new role at Crescat, a strategic and significant shareholder of Condor Resources, Dr. Hennigh has tendered his resignation from the Condor Board of Directors effective [...]
Condor Resources Inc. - is pleased to announce that it has concluded an agreement with Calipuy Resources Inc. whereby Calipuy will purchase Condor's wholly owned Peruvian subsidiary, Minas Lucero del Sur S.A.C. . MLDS is a sole purpose company, and the owner of the Lucero project located in the Arequipa Department of Peru. Consideration is US$3.5 [...]
Condor Resources is pleased to announce that Condor and Chakana Copper Corp. have agreed to a four month extension to the April 2017 agreement between their respective Peruvian subsidiaries. Under the original agreement, the final payment of US$4.625m by Chakana to Condor is due December 23, 2021. By mutual agreement, US$200,000 will be due by [...]
Condor Resources Inc. - is pleased to provide updates on the Huiñac Punta and Cobreorco projects. Huiñac Punta - A detailed ground geophysical survey has been completed at Huiñac Punta, with field work concluding late last week. An Induced Polarization survey consisted of approximately 16 line kilometers, comprised of 8 lines, each 2km in length [...]
Condor Resources Inc. - is pleased to provide updates on project activity amid the ongoing COVID-19 lockdowns in many locations throughout Peru. Condor appreciates that Peru has been hit hard by the pandemic, and the health and safety of our employees and the host communities takes priority. Pucamayo - The project is located in the Ica Department [...]
Condor Resources Inc. announces that COVID-19 lockdowns and related delays at our Peruvian exploration offices have resulted in a delay in the finalization and filing of: the Company's audited annual financial statements for the fiscal year ended February 29, 2020 and the related management's discussion and analysis ; and the Company's interim [...]
Condor Resources Inc. is pleased to announce that it has received written confirmation of their Declaración de Impacto Ambiental, or a "DIA", from the Peruvian Ministry of Energy and Mines, for its Huiñac Punta high-grade silver polymetallic project. The DIA is the primary environmental permit required to allow drilling programs to proceed. The [...]