Condor Resources Updates Exploration Plans in Peru for 2025

Condor Resources Inc. has announced its updated exploration priorities in Peru. Due to continued delays with the Pucamayo South East DIA application, the company will focus on drill programs at Huinac Punta and Pucamayo East. Both sites are fully permitted, with drilling expected once weather improves. At Huinac Punta, Condor plans a 1,500-meter drill program to explore high-grade silver prospects, following successful sampling of existing mineralization.

At Pucamayo East, a 2,000-meter Phase 2 drilling is planned after successful results in 2023 showed promising gold-silver-poly metallic mineralization. Meanwhile, at the Rio Bravo site, there is a focus on discussions with major copper producers following data confirmation of a copper-molybdenum porphyry discovery. For Cobreorco, a joint venture with Teck Resources Limited is progressing as they await further permits.