Kury Intsa
In February 2009 Condor attained an irrevocable option for a 100% interest in the Kury Intsa ("Valley of Gold") gold and base metals property in the newly-emerging Cordillera del Condor gold and copper belt in northern Peru along the border with Ecuador. The 70 square kilometre property comprises a total of 10 mining concessions duly filed with the Peruvian mining authority (Instituto Nacional de Concessiones y Catastro Minero -- INACC), and strategically located a few kilometres east and north of the Company's Sol de Oro and Condor de Oro projects, and localized at the intersection of the prolific Cordillera del Condor trend and the Machala metallogenic belt. Documentation for the necessary permission required by foreign mining companies operating within 50 kilometres of the border with Ecuador is under preparation.Three separate gold-copper and associated silver-lead-zinc targets have been identified to date on the Kury Intsa project, in areas where placer gold has been recovered in the main creeks draining the property.
The newly-emerging Cordillera del Condor gold and base metals belt has recently been the focus of increasingly intense exploration activity and virtually the entire area is now staked.
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