• 70 sq. km. in the Cordillera del Condor gold-copper belt of northern Peru. The Cordillera del Condor is one of the most significant emerging and underexplored gold-copper belts in South America, and is host to Kinross' Fruta del Norte gold deposit (inferred reserves* of 13.7M oz Au) in Ecuador. Virtually the entire Cordillera del Condor belt is staked on both sides of the Ecuador/Peru border.
• Three separate gold-copper and associated silver-lead-zinc targets have been identified to date on the Kury Intsa project.
• Placer gold has been recovered in the main creeks draining the property.
Prospective for: Gold/Copper
The property comprises a total of 10 mining concessions 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.
Condor has an option to acquire a 100% interest in the Kury Intsa ("Valley of Gold") gold and base metals property.
The Company plans to conduct a work program on the Kury Intsa property towards the end of 2010. The program will include prospecting, sampling and mapping of the three known mineralized zones.
* "Reported reserves are inferred only, and from the websites and public documents of the Companies whose deposits are mentioned."