Post by
siempre33 on Jul 10, 2014 4:34pm
Mariana owns 70% of Condor project --
Condor drill results - CN has 30 percent, 70 percent in a UK listed company called Mariana...
2014-07-03 10:59 ET - News Release
Mr. Lyle Davis reports
CONDOR RESOURCES INC.: FIRST DEEP HOLE AT SOLEDAD PROJECT, PERU, INTERSECTS 174M OF 4.4 G/T AUEQ
Condor Resources Inc. has provided the third report on the 2,084-metre diamond drill program recently completed by Mariana Resources Ltd. on the company's 100-per-cent-owned Soledad project. Soledad is located in the Cordillera Negra metallogenic province approximately 35 km south of the Pierina gold-silver mine, Peru.
Hole 9 (SDH-009) tested Breccia #1 and was drilled at a steep angle (80 degrees ) below, and from the same setup, as SDH-001. The hole was planned to test for possible higher grade feeder zones and indications of underlying porphyry mineralization.
SDH-009 intersected 174m of mineralized breccia (from 92m to 266m) that averaged 4.4 g/t AuEq (0.74 g/t Au, 114 g/t Ag, and 1.2% Cu). SDH-009 intersected three zones of strong quartz-tourmaline-sulphide mineralization, as shown below in Table 1, and included a deep high grade intersection of 29m of 9.8 g/t AuEq (1.85 g/t Au, 301g/t Ag, and 2.1% Cu) starting at 236m.