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Condor Receives Declaración de Impacto Ambiental, or "DIA" for Huiñac Punta
VANCOUVER, BC / ACCESSWIRE / July 15, 2020 / Condor Resources Inc. ("Condor" or the "Company...
About this update from Condor Resources Inc.
[{"type":"text","content":"Condor Receives Declaración de Impacto Ambiental, or \"DIA\" for Huiñac PuntaVANCOUVER, BC / ACCESSWIRE / July 15, 2020 / Condor Resources Inc. (\"Condor\" or the \"Company\") (TSXV:CN) 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 100% owned Huiñac Punta high-grade silver polymetallic project covers an area of twenty sq kms and is located approximately 260 km north-northeast of Lima in the Department of Huanuco, Peru. Elevations at Huiñac Punta range from 3800m to 4400m. The Huiñac Punta project is within the eastern flank of the Mesozoic-aged carbonate-hosted polymetallic mineral belt in north-central Peru about 65 km south-east of the Antamina mine, and about 90 km east of the Company's Soledad project.Huiñac Punta is interpreted to host potential for discovery of a large, high-grade carbonate replacement style silver-dominant polymetallic mineralization. Based on existing surface exposures, mineralization, which includes high-grade Ag and elevated Cu, Zn and Pb values, is interpreted to have both blanket-like and pipe-like characteristics. Condor is continuing to work on community consultation to secure access and water use permits that will allow for a diamond drill program to proceed on this compelling, never before drilled target. To better define the drill targets, the Company will soon complete geophysical surveys including induced polarization and ground based magnetic surveys.Condor has previously conducted two sampling and mapping programs at Huiñac Punta with 171 samples collected and analyzed. Both sampling programs recorded impressive silver values, including four samples (2m rock chip samples) that tested over 1000 g/t Ag.Ever Marquez, Condor's VP Exploration noted: \"In our lower limestone sequence, mineralization has replaced certain limestone beds in contact with a granitic intrusion to form stratabound zones of pervasive silicification associated with high percentages of disseminated dark sulphides and oxides. In our upper limestone sequence, we have observed brecciation and decalcification...