Condor de Oro - Security Incident
Vancouver, B.C., February 13, 2014 - Condor Resources Inc. - (“Condor” or the “Company”) (TSX.V: CN) has been advised of a security incident involving a contractor of Exploraciones Aguila Dorada S.A.C. (“EAD”) that occurred February 10, 2014. The Condor de Oro concessions are exclusively in territory of the Awajun community of Los Naranjos. The field technician, who had been supervising a project to introduce coffee plants in the area, is believed to have been abducted from Los Naranjos territory by people from the neighboring Awajun community of Supayacu. The incident was reported immediately to the local authorities.
EAD is the owner of the Condor de Oro mineral concessions in northern Peru, and has all the permits and licenses required for exploration on the project, located about 25 kilometers from the Los Naranjos village. Condor has an irrevocable option to acquire 85% of the issued shares of EAD, and in turn, Condor has granted Mariana Resources Ltd. an option to acquire 60% of Condor’s interest. EAD has been conducting mineral exploration at Condor de Oro with the assistance of Mariana Resources, and in cooperation with the community of Los Naranjos.
ON BEHALF OF THE BOARD
President & Chief Executive Officer
For further information please contact the Company at 1-866-642-5707, or by email at email@example.com.
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