Condor Resources Inc V.CN

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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 [e-mail]

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.

View News Release on the website:
https://www.condorresources.com/s/NewsReleases.asp?ReportID=915497

 

 

 

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[gpsairgoldteam]

Could mean they've given up on community near Pucamayo. Time to add somebody who is better at negotiating with the natives.

[Lisagerrard17]

[ALTEL]

Andres Recalde ...... new Condor Director The guy is on several mining companies boards operating in Peru Hopefully, he can move us to an Pucamayo agreement "Providing creative social performance strategies and tactics to obtain social acceptance from local stakeholders. At the core of my successful approach is to demonstrate that the benefits offset the impacts in the development of a

[gpsairgoldteam]

Some people just don't have the right attributes to do a deal. Sometimes animosities build up during negotiations and hinder any further progress. I'm not saying Lyle created a situation, but maybe him and his mediaters just weren't the right fit for Pucamayo. I'm happy to see some new input to the negotiations. His resume' looks good. Fingers crossed.

[Crashcomingsoon]

One can always hope.  So, presumably Condor has estblished a community that will not give them access to Pucamayo.  it would be ashame to have a lot of gold that you cannot mine.  It's happened before though.  Just look at Colossus mining.  I think Condor needs to get something moving.  Drill Huniac Punta or another property.  All may have to wait till

[DarkGreen]

I respectfully disagree Crash , I think with this appointment to the board they are closer to a deal . Here are my thoughts if they hit (which most experts agree ) they want this property to go to mine ready and this dude is the guy that can maneuver the political climate in Peru .

[Brianw21]

This director will keep the pressure on Condor to execute.  I believe it is a good move.