Condor Resources Inc V.CN

Alternate Symbol(s): CNRIF

Metals & Mining Industrial Metals & Minerals

Condor Resources Inc. is a precious and base metals exploration company focused on its portfolio of projects in Peru. The Company’s flagship Pucamayo project is located 185 km southeast of Lima and covers an area of approximately 85 square kilometers (km2). Its other project includes Chavin, Soledad, Quriurqu, Huinac Punta, Humaya, Andrea, San Martin, Quilisane, Rio Bravo and Cobreorco. The Chavin property covers an area of over 14 km2 within the central Andes mineral belt in northern Peru and is host to a polymetallic vein system. The Company’s Soledad property is located in the Cordillera Negra metallogenic province in the central Peruvian Andes. The Quriurqu property is located in the Department of Ancash, northern Peru approximately 10 km south of the Soledad project. The Huinac Punta is about 65 km south-east of the Antamina mine. 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.

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Post by shelby2on Dec 01, 2021 5:34pm

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Post# 34187380

NEWS

Wednesday, December 01, 2021

Mr. Andres Recalde appointed to Condor's Board of Directors

Vancouver, B.C., December 1, 2021 - Condor Resources Inc. - ("Condor" or the "Company") (TSXV:CN) 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. (Mexico), Canada Gold Inc. (Peru), and Barrick Gold (Domincan Republic). Mr. Recalde holds an MBA from Eastern University in Philadelphia, and is the Past President of the Peruvian-Canadian Chamber of Commerce.

"Obtaining and maintaining a social license with the people and the communities in the areas of our exploration work is more critical than ever, and we expect Andres will be a tremendous resource to the Company in those efforts" noted Lyle Davis, Condor President.

Subject to regulatory approval and vesting provisions, and pursuant to its Stock Option Plan, Condor has granted options to Mr. Recalde to purchase 300,000 common shares of the Company at the price of $0.15 per share.

Condor is an active explorer focused exclusively on Peru, supplemented by a project generator and royalty model designed to generate exploration capital whilst minimizing shareholder dilution. Our objective in advancing our portfolio of projects is the discovery of a major new precious metals or base metals deposit in Peru. Project acquisition and exploration activities are managed by the Company's Lima based exploration team.

ON BEHALF OF THE BOARD

Lyle Davis,
President & Chief Executive Officer

For further information please contact the Company at 1-866-642-5707, or by email at info@condorresources.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.