on Condor Resources Inc. (isin : CA20676U1049)
Condor Resources Secures Final Permit for Huinac Punta Silver Project
Condor Resources Inc. has announced the receipt of the final Initiation of Activities permit from the Ministry of Energy & Mines for its Huinac Punta project. This marks the conclusion of the Consulta Previa process, allowing the company to commence its exploration program on this promising Peruvian site.
According to Chris Buncic, President & CEO, this development is a significant step forward for Condor, which has been working on the permit since receiving the initial DIA in 2020. The company is now set to launch its maiden drill program at Huinac Punta, aiming for further exploration over the next three years.
The Huiñac Punta project is poised to reveal a potentially significant silver-dominant polymetallic deposit. Surface samples indicate high silver with copper, zinc, lead, and cobalt. The upcoming drill program will focus on promising geological targets for bulk silver and base metals discovery.
R. H.
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