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Sampling Expands Extensive Mineralization and defines drill targets at the Pucayacu Target, Condor de Oro Property, Peru
Sampling Expands Extensive Mineralization and defines drill targets at the Pucayacu Target, Condo...
About this update from Condor Resources Inc.
[{"type":"text","content":"\nSampling Expands Extensive Mineralization and defines drill targets at the Pucayacu Target, Condor de Oro Property, Peru\n\n\n Nov. 24, 2009 (TheNewswire.ca) -- Vancouver, B.C., November 24, 2009 - Condor Resources Inc. (TSXV:CN) - (\"Condor\" or the \"Company\")(TSX.V: CN) is pleased to announce results of recent follow up work on the Pucayacu Target on the Condor de Oro project in northern Peru, where the Company has the right to earn an 85% interest.Additional mapping and sampling on the 4 sq km Pucayacu zone have confirmed the favourable geology and expanded the strong gold and copper geochemical anomaly in outcrop, rock float, soils and stream sediments which occur along with a coincident airborne magnetic geophysical anomaly. The program resulted in the collection of an additional 89 samples, which returned negligible to anomalous results, with peak values of 754 ppb Au, 0.18% Cu, 91 ppm Mo, 0.22% Pb, 0.52% Zn and locally anomalous As, Sb and Hg.Including the recent sample program, a total of 385 samples have now been collected and analyzed at Pucayacu. The results to date are summarized below.Rock Outcrop (192 samples):Au: Negligible to 13.2 g/t Au. A total of 117 samples (61%) have greater than 50 ppb Au and 26 (14%) have greater than 500 ppb Au.Cu: Negligible to 0.28% Cu. A total of 143 (74%) have greater than100 ppm Cu.Rock Float (44 samples):Au: Negligible to 16.00 g/t Au. A total of 38 (86%) have greater than 50 ppb Au.Cu: Negligible to 1.00% Cu. A total of 40 (91%) have greater than 100 ppm Cu.Soils (85 samples):Au: Negligible to 1.98 Au. A total of 60 (71%) have greater than ppb Au.Cu: Negligible to 0.18% Cu. A total of 46 (54%) have greater than 100 ppm Cu.Stream sediment (64 samples):Au: Negligible to 1.33g/t Au. A total of 53 (83%) have greater than 50 ppb Au.Cu: Negligible to 0.11% Cu. A total of 59 (92%) have greater than 100 ppm Cu.The Pucayacu targets on the Condor de Oro property have never previously been drill tested. As a result of the reported sampling program, the combined geochemical sample density is now considered sufficient to define two immediate drill targets that have approximate plan size of 1.0 and 0.75 square kilometers, respectively. These target areas consist of highly anomalous geochemical Au and Cu values and are located approximately 1500m apart. In these areas, sampling to date has re...