News
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PRESS RELEASE
Condor Appoints Chris Buncic as President and CEO
Condor Resources Inc. appoints Mr. Chris Buncic as new President and CEO, succeeding Mr. Lyle Davis. Mr. Buncic brings extensive experience in the mining industry and capital markets. Company also grants stock options and Performance Share Units -
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PRESS RELEASE
Condor and Element79 Reschedule December 2023 Lucero Payment
Condor Resources Inc. has announced a revised agreement with Element79 Gold Corp. regarding the payment terms for the Lucero project. The US$500,000 payment will now be split into two tranches, with 25% paid now in common shares of Element79 and the remaining balance due by March 31, 2023. As part of the rescheduled payments, Element79 will issue a bonus of US$12,500 to Condor in Element79 shares. The Company remains focused on exploration activities in Peru with the objective of discovering major new precious metals or base metals deposits. -
PRESS RELEASE
Condor Completes Option and Joint Venture Agreement on its Cobreorco Copper-Gold Project
Condor Resources Inc. announces the entry into an option and joint venture agreement with Teck Perú S.A. for its Cobreorco copper-gold project in Peru. Teck has the first option to earn a 55% interest by completing exploration expenditures and cash payments, with the potential to increase its interest to 75%. The agreement aims to advance exploration towards a new discovery of critical and precious minerals. -