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, line spacing at 100m, with polo-dipole spacing of 50m. The IP survey was [...]
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 which is subject to a state of emergency until at least October 31st. Over [...]
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 financial statements for the quarter ended May 31, 2020 and the related [...]
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 100% owned Huiñac Punta high-grade silver polymetallic project covers an area [...]
Condor Resources Inc. - is pleased to provide the following updates regarding its planned exploration activities on its four highest priority exploration projects, with an initial update on COVID-19 impact to exploration. COVID-19 Update: Effective July 1st, Peru eased COVID-19 related lock down restrictions in all but seven of its regions. With the eased restrictions in Lima, Condor Exploration Peru's Lima office will [...]
Condor Resources announces, that as a result of COVID-19 lockdowns and related delays at our Peruvian exploration offices, the filing deadline of June 29, 2020 for the Company's audited annual financial statements for the fiscal year ended February 29, 2020 and the related management's discussion and analysis, as required by Part 4 and Part 5 of National Instrument 51-102: Continuous Disclosure Obligations will be [...]
Condor Resources Inc. is pleased to announce that it has closed the non brokered private placement to raise gross proceeds of $990,000, as announced in our June 2, 2020 news release. The private placement consisted of 13.2 million units priced at $0.075 per unit, with each unit consisting of one common share and one share purchase warrant. Each warrant will be exercisable into one common share for a period of three years [...]
Condor Resources Inc. - is pleased to announce that it has arranged a non brokered private placement to raise gross proceeds of up to $990,000. Closing is subject to regulatory approval, and is anticipated to occur within ten business days. The private placement will consist of 13.2 million units priced at $0.075 per unit, with each unit consisting of one common share and one share purchase warrant. Each warrant will be [...]
Condor Resources Inc. - is pleased to announce that it has closed the $200,000 private placement financing, as announced in our news release of October 30, 2019. The private placement consisted of 4 million units priced at $0.05, with each unit consisting of one common share and one warrant. Each warrant is exercisable at $0.10 into one common share for a period of three years. No commissions or finder's fees were paid in [...]
Condor Resources Inc. - is pleased to announce that it has arranged a non brokered private placement to raise gross proceeds of up to $200,000. Closing is subject to regulatory approval, and is anticipated to occur within five business days. The private placement will consist of 4 million units priced at $0.05 per unit, with each unit consisting of one common share and one share purchase warrant. Each warrant will be [...]
Condor Resources Inc. - has filed an application with the TSX Venture Exchange to extend the warrant expiry of 2,300,000 warrants until December 31, 2019, from their current expiry of July 8, 2019. The exercise price of $0.10 per share remains unchanged. The proposed amendment to the warrant expiry date is subject to regulatory approval. Condor is an active explorer focused exclusively on Peru, supplemented by a project [...]
Condor Resources Inc. - is pleased to announce that the agreement announced March 19th regarding the sale of a 1% NSR on Soledad to Chakana Copper Corp. has closed. The agreement also includes amendments to the NSR terms of the Assignment and Option Agreement of April 2017, while all other terms, including the remaining cash payments of US$5.225 million, are unchanged. The Assignment and Option Agreement grants Chakana [...]