Business
Condor Resources Project Updates
VANCOUVER, BC / ACCESSWIRE / September 30, 2020 / Condor Resources Inc. - ("Condor" or the "...
About this update from Condor Resources Inc.
[{"type":"text","content":"Condor Resources Project UpdatesVANCOUVER, BC / ACCESSWIRE / September 30, 2020 / Condor Resources Inc. - (\"Condor\" or the \"Company\") (TSXV:CN) 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 which is subject to a state of emergency until at least October 31st. Over the past few months, Condor has continued to assist the local Liscay community with contributions of disinfectant and fumigation systems as well as food packages for each family. The Company has also supplied diesel fuel for road improvements and site preparations for constructing a new community centre. To better understand local surface owner rights, Condor recently engaged a firm specializing in researching surface rights histories and titles viz-a-viz community surface rights and ownership. A report is expected to be completed once the state of emergency is lifted and access is allowed to all required government offices. Condor expects this report to be critical in finalizing access agreement(s) in preparation for the commencement of its maiden Pucamayo drill program, already fully permitted including water permits that have been renewed for two years.Cobreorco - Condor has completed a detailed magnetic survey at Cobreorco using an unmanned aerial vehicle ('UAV'), equipped with a specially designed magnetometer. The survey covered an area of approximately 5 sq km at a 100 m line spacing for a total of 68 line kms. Data from this survey has been processed and Condor is reviewing reports from Deep Sounding, its geophysical contractor. Initial review of magnetic data suggests presence of two potential intrusive systems that correlate well with exposed surface gold/copper porphyry and skarn outcrops. Interpretations will allow design of a targeted diamond drill program. Once designed, Condor will prepare a D.I.A. application to fast-track Cobreorco toward drilling.Huinac Punta - In August, Condor completed a detailed magnetic survey at Huinac Punta using its UAV described above. This survey covered the area of interest and vicinity with 150 m line spacing for a total of 35 line kms. Data is b...