Condor de Oro-Security Incident
February 13 2014 - 9:20AM
Marketwired
Condor de Oro-Security Incident
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 13, 2014) -
Condor Resources Inc. - ("Condor" or the "Company")
(TSX-VENTURE:CN) has been advised of a security incident involving
a contractor of Exploraciones Aguila Dorada S.A.C. ("EAD") that
occurred February 10, 2014. The Condor de Oro concessions are
exclusively in territory of the Awajun community of Los Naranjos.
The field technician, who had been supervising a project to
introduce coffee plants in the area, is believed to have been
abducted from Los Naranjos territory by people from the neighboring
Awajun community of Supayacu. The incident was reported immediately
to the local authorities.
EAD is the owner of the Condor de Oro mineral concessions in
northern Peru, and has all the permits and licenses required for
exploration on the project, located about 25 kilometers from the
Los Naranjos village. Condor has an irrevocable option to acquire
85% of the issued shares of EAD, and in turn, Condor has granted
Mariana Resources Ltd. an option to acquire 60% of Condor's
interest. EAD has been conducting mineral exploration at Condor de
Oro with the assistance of Mariana Resources, and in cooperation
with the community of Los Naranjos.
ON BEHALF OF THE BOARD
Lyle Davis, President & Chief Executive Officer
Cautionary Statement Regarding Forward-Looking Information: All
statements, trend analysis and other information contained in this
press release relative to markets about anticipated future events
or results constitute forward-looking statements. Forward-looking
statements are often, but not always, identified by the use of
words such as "seek", "anticipate", "believe", "plan", "estimate",
"expect" and "intend" and statements that an event or result "may",
"will", "should", "could" or "might" occur or be achieved and other
similar expressions. Forward-looking statements are subject to
business and economic risks and uncertainties and other factors
that could cause actual results of operations to differ materially
from those contained in the forward-looking statements.
Forward-looking statements are based on estimates and opinions of
management at the date the statements are made. The Company does
not undertake any obligation to update forward-looking statements
even if circumstances or management's estimates or opinions should
change. Investors should not place undue reliance on
forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this news release.
Condor Resources Inc.1-866-642-5707info@condorresources.com
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