Condor Submits Drill Permit Application for the Cobreorco Copper-Gold Project
Condor Submits Drill Permit Application for the Cobreorco Copper-Gold
Project
Vancouver, B.C., June 12, 2023 - Condor Resources Inc. - ("Condor" or the "Company") (TSXV:CN) is pleased
advise it has applied to the Peruvian Ministry of Energy and Mines (the “MEM”) for the primary environmental
permit required to initiate a drill program at Cobreorco. The Declaración de Impacto Ambiental, or “DIA”, seeks
approval for up to forty drill platforms.
Submission for the DIA is the culmination of months of work, and includes environmental studies, archeological
studies, and other data and matters required by the permitting regulations. Processing and approval by the MEM
is expected to take several months.
The 50 sq km Cobreorco Porphyry-Skarn Project in south central Peru was acquired by staking, is royalty free,
and 100% owned by Condor. It is located in the province of Andahuaylas in the department of Apurimac, in the
prolific Eocene-Oligocene aged Andahuaylas-Yauri porphyry copper belt. This region is influenced by the
Abancay deflection, and is home to the Las Bambas, Huaquira, Constancia, Tintaya and Antapaccay deposits. At
Cobreorco, numerous porphyry and skarn related copper-gold occurrences are exposed in outcrop, and geo-
physical surveys completed by Condor support the potential for discovery of copper and skarn related deposits
within the main 2 sq km area of interest.
For more information on the Cobreorco project, please refer to our news release of August 11, 2022.
https://condorresources.com/news/2022/condor-updates-on-the-cobreorco-copper-gold-project/
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 [email protected]
Forward-Looking Statements
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Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”,
“intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or
conditions “may” or “will” occur.
Although the Company believes that the expectations reflected in applicable forward-looking statements are
reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking
statements are subject to risks and uncertainties that may cause actual results, performance or developments to
differ materially from those contained in such statements.
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