Quriurqu

Gold | Silver

Location

The Quriurqu Property is located in the Cordillera Negra metallogenic province in the central Peruvian Andes, and is described as a high sulphidation gold-silver epithermal system. Quriurqu is located about 45 km SW of the Pierina gold-silver mine operated by Barrick Gold Corporation.

Ownership

The original 2.5 sq km concession was acquired by staking in 2011. A second concession was acquired in October 2016 by sealed bid auction, and a third concession was acquired in March 2023, also by sealed bid auction, increasing the project area to 11.1 sq km. All concessions are 100% owned.

In January 2017 the Company reached agreement with Sandstorm Gold Ltd. to sell a package of royalties, which included a 0.5% NSR on the Quriurqu project.

Previous Work:

As best as we can determine, no previous sampling or other exploration has been conducted at Quriurqu on the first two concessions. The third concession, acquired in March 2023, had an eight hole drill program completed on it in 2008. Results were published for the first two holes, and can be found on www.sedar.com under AQM Copper Inc.’s news release of September 22, 2008. The results are also summarized in Condor’s news release of May 10, 2023. The drill collars for the other six holes completed in 2008 have been located.

Geology & Mineralization

The property is host to a high sulphidation gold-silver epithermal system, as evidenced by alteration assemblages and associated pathfinder minerals hosted in structures and hydrothermal breccias within Tertiary age dacitic ignimbrites. Condor geologists believe that Quriurqu could host a disseminated bulk tonnage gold-silver deposit at depth.

Recent Activity

The Company has conducted initial reconnaissance mapping and collected and analyzed 64 rock chip channel samples. Gold and silver assays range from negligible to 5.9 g/t Au and 143 g/t Ag. A total of 57 of the 64 samples returned anomalous gold values in excess of 50 ppb, including 27 samples greater than 500 ppb and 18 samples in excess of 1 g/t Au. A modest sampling program (6 samples) in 2016 by a third party included 3 samples in the 0.3 g/t Au to 0.9 g/t Au range, and 2 samples greater than 1.7 g/t Au.

Update:

The Company has not completed any work on the project recently, and is seeking a joint venture partner to continue to explore and advance the project.  

Gallery

Maps & Results

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