Vancouver, B.C., May 5, 2011 - Condor Resources Inc. - (“Condor” or the “Company”) (TSX.V: CN). Further to our news release of April 11th, Condor is pleased to report that the drill program has been completed at the Pucamayo West Gold-Silver prospect located in Ica Department, Peru.
The first drill hole was collared on March 16th, and a total of eleven shallow diamond drill holes totalling 1,200 metres were completed by April 21st.
The drill program at Pucamayo West was designed to test the numerous NW and NE trending low to intermediate sulphidation multiphase quartz-carbonate veins and vein systems, the largest of which has been traced along strike for 1500m, with widths ranging from a few metres to 25 metres and averaging over 15 metres. The majority of the drill holes successfully intersected the quartz-carbonate veins, which veins show evidence of multiple brecciation and silicification events. The steeply dipping veins are surrounded on the hanging wall and footwall by silicified and brecciated host rock or ‘crackle breccia’ and further outwards into silicification halos, particularly in the case of the main NW-SE trending structure. Some base metal sulphide mineralization has been observed associated with the main vein.
Drill holes have been geologically logged and photographed, the principal structures saw cut and sampled, while the silicified and altered zones were split and sampled. All samples were prepared on site by Company personnel and securely shipped in sealed bags to the ALS analytical lab in Lima, with internal QA/QC procedures applied. Results are expected to be released on several of the holes within the next couple of weeks.
Condor Resources Inc. was incorporated in 2003 by field exploration specialists focused on the generation of gold and copper projects in South America, where management has extensive experience and a proven track record of discovery. The Company’s long term objective is the discovery of a major new gold and/or base metal deposit, and its business plan offers shareholders access to an exciting and growing portfolio of discovery stage properties, including six 100% owned projects in Chile, and seven projects in Peru, each offering a unique path to discovery.
ON BEHALF OF THE BOARD
Patrick J. Burns,
President & Chief Executive Officer
For further information please contact Timea Carlsen at 1-866-642-5707, or by email at: info@condorresources.com
Dr. Richard Culbert is the Qualified Person under NI 43-101 who has approved the technical content of this news release.
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