Condor Resources Inc.

Condor Resources Inc. - announces that it has reached agreement with Element79 Gold Corp. to revise the next payment date with respect to the Lucero project. In June 2022, 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 Lucero project. . Condor and [...]

Condor Resources Inc. - announces that subject to regulatory approval and vesting provisions, and pursuant to its Stock Option Plan, Condor has granted stock options to certain directors, officers, employees and consultants to purchase an aggregate of 4,575,000 common shares of the Company at a price of $0.11 until December 5, 2027. Condor is an active explorer focused exclusively on Peru, supplemented by a project [...]

Condor Resources Inc. - is pleased to announce that it has appointed Mr. Andres Recalde as Vice President of Community and Social Relations, effective October 1st. Mr. Recalde has served as an independent director of the Company since December 2021, and has been actively supporting the Company's permitting and land access efforts at our Pucamayo project. In his expanded role, Mr. Recalde will develop and oversee the [...]

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 Eocene-Oligocene aged Andahuaylas-Yauri porphyry copper belt. This region [...]

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 concessions with three more payments totalling US$3.425 million over the next three [...]

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 has been extended two months, from April 23, 2022 to June 23, 2022. On [...]

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 from Eastern University in Philadelphia, and is the Past President of the [...]

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 first payment received on signing. Virgen has earned a 51% interest in 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 August 6, 2021. In conjunction with the above, Condor has entered into a [...]

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 million, payable over five years. Should the price of gold be over [...]