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Condor Resources Announces New Precious Metals Discovery in Peru

By Joel ScanlonJul 14 2011

Condor Resources has identified and acquired a new precious metals occurrence through the current generative regional exploration program in northern Peru in a similar productive volcanic belt, which includes Pierina and Alto Chicama gold mines of Barrick Gold.

Condor's new Quriurqu project is situated 45 km to the southern part of the Peirina mine in the Cordillera Negra metallogenic province, central Peruvian Andes. This project is a high sulphidation gold-silver epithermal system, which is confirmed by the alteration assemblages and connected pathfinder minerals present in the hydrothermal breccias and structures in the Tertiary age dacitic ignimbrites.

The prospecting team of Condor is conducting the first reconnaissance mapping and ALS Chemex lab in Lima, Peru has assayed the collected 64 rock chip channel samples. The company has encountered 5.9 g/t gold and 143 g/t silver. It has examined a total of 57 samples out of the 64 and yielded anomalous gold values more than 50 ppb, which contains 18 samples beyond 1 g/t gold and 27 samples > 500 ppb. Condor has planned a comprehensive sampling and mapping for over 3 km² of the property. The geologists at the company consider that Quriurqu project might possess a distributed bulk tonnage of gold-silver deposit at depth. This project has not been subjected to former sampling or any exploration program and is also not drill tested.

Source:

http://www.condorresources.com/

Written by

Joel Scanlon

Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.

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APA
Scanlon, Joel. (2019, February 18). Condor Resources Announces New Precious Metals Discovery in Peru. AZoMining. Retrieved on November 24, 2024 from https://www.azomining.com/News.aspx?newsID=4483.
MLA
Scanlon, Joel. "Condor Resources Announces New Precious Metals Discovery in Peru". AZoMining. 24 November 2024. <https://www.azomining.com/News.aspx?newsID=4483>.
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Scanlon, Joel. "Condor Resources Announces New Precious Metals Discovery in Peru". AZoMining. https://www.azomining.com/News.aspx?newsID=4483. (accessed November 24, 2024).
Harvard
Scanlon, Joel. 2019. Condor Resources Announces New Precious Metals Discovery in Peru. AZoMining, viewed 24 November 2024, https://www.azomining.com/News.aspx?newsID=4483.