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Condor Resources Inc V.CN

Alternate Symbol(s):  CNRIF

Condor Resources Inc. is an exploration stage company. It is engaged in the business of acquisition and exploration of mineral properties in Peru. Its portfolio includes Chavin, Soledad, Quriurqu, Huinac Punta, Ocros, Pucamayo, Humaya, Andrea, San Martin, Lucero, Quilisane, Rio Bravo and Cobreorco. The Chavin property covers an area of over 42 square kilometers within the central Andes mineral belt in northern Peru and is host to a polymetallic vein system. Soledad property is located in the Cordillera Negra metallogenic province in the central Peruvian Andes. Quriurqu property is located about 45 kilometers (km) southwest of the Pierina gold-silver mine. Huinac Punta is about 65 km south-east of the Antamina mine. The Pucamayo project is located 185 km southeast of Lima at an elevation of 3800 to 4200 meters (m), in the Tertiary volcanic belt. The Andrea project is located in the south-central Andes, at elevations ranging from 4100 to 4600 m, approximately 480 km south-east of Lima.


TSXV:CN - Post by User

Bullboard Posts
Post by kb7on Apr 11, 2019 4:40pm
76 Views
Post# 29615319

scuttlebutt and corrections

scuttlebutt and correctionsOcros - I misunderstood, there has been no offer, it was farmed out to a private
             Peruvian driller who operates on his own time table. The drillings done(?)
            and assays will be released when they are released. And everyone's annoyed.

Chavin - Another Peruvian private driller, and everyone's annoyed.

Huinac Punta - I misunderstood, A mid-tier company has offered to be farmed-in                                         (presumably the  $600,000 mentioned earlier is involved),
                         moving forward, slowly.

Lucero - Well known mining companies have been sniffing around, potential
               farm-ins and drilling program, (maybe).

Andrea - Same as Lucero.

Pucamayo - Sandstorm and a large financial group are financing the drill program,
                    the number $1.1 million was mentioned for the drilling budget, so it
                    sounds to me like it could be 5,000 meters? (opinions?). still a June
                    start, but maybe July (I will have a better handle Friday afternoon).

Chakana - They have been waiting on a final permit to drill a piece of Soledad land
                  not acquired from Condor, but from (Barrick?), and the word is that the
                  permit approval is imminent, and that Bay street will be happy
                  (which is good because Condor owns 1.2 million shares of Chakana).

The impression I got was that they have plenty of money (at least compared to their peers), and just a little more patience.










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