Condor Resources INC / CN (TSXV)

    Gold (und "noch paar Andere Sachen"), Explorer/DISCOVERER, Peru .



    Vorab: das ist NICHT "Condor Gold".




    Die Firma habe bei Goldmineraloge Depot auch schonmal angesprochen.


    Und will hier mit Dem Gleichen Ausschnitt starten:


    http://www.condorresources.com…Quinton-Hennigh-appoin...
    "Regarding Crescat's investment in Condor, Chief Investment Officer, Kevin Smith explained: "We are taking friendly activist positions in a select portfolio of precious metals exploration companies around the globe today. It is one of Crescat's most timely and important macro themes. Each of our portfolio companies has been carefully vetted and controls a potentially large and highly economic discovery. We are bringing capital and expertise to the table to advance these world class deposits." "



    " "I am delighted to join Condor as director," commented Dr. Hennigh. "I have worked with Ever Marquez, Condor's Vice President of Exploration, on two occasions, at Newcrest Mining during the 1990's and at Newmont Mining during the 2000's, and find him to be an exceptional explorer credited with discovering the Breapampa high sulfidation gold deposit in southern Peru and the Rio Blanco copper porphyry deposit in northern Peru. Mr. Marquez is particularly knowledgeable about high sulfidation gold systems. When Ever and I recently visited Pucamayo, I INSTANTLY RECOGNIZED HE HAS DISCOVERED WHAT IS ARGUABLY ONE OF THE BEST UNTESTED HIGH SULFIDATION SYSTEMS LEFT IN PERU . High level, vapour-phase alteration underlies an area of at least six square kilometers indicating presence of a very large hydrothermal system. Within a small erosional window through this high level alteration, Ever and his team discovered outcropping vuggy silica and silica breccias carrying appreciable gold and silver that appears to conform to the level of the paleo-water table, a common control on formation of such mineralization in high sulfidation systems. Electrical resistivity data clearly indicates the presence of a blanket like resistive zone thought to be a layer of such silicified rock with a thickness of approximately 120 meters and extending continuously under an area of at least one square kilometer. This feature is open to the east, northeast and southeast. Indications of an underlying porphyry are also present. In short, the target is clear, very extensive and ready to drill. I am very happy to see this project move toward what will hopefully prove to be a significant new discovery in Peru ..................................................."




    In Öffentlichen Börsenforen habe schon Einige Male gesagt: "Börse ist, m.E., schwierig, Resource Sektor noch schwieriger, Entwickler, Resource, noch, noch mehr, und Exploration/Driller/Discoverer sind m.E. "noch, noch, noch schwieriger".


    "Very, very, very tricky".
    (aus Div Reasons)



    Mit Dem gesagt:


    Meine SEHR VERKÜRZTE Meinung zu Condor Resource Inc ist:


    WENN sich Das bestätigt/erhärtet/materialisiert was Dr. Quinton Hennighs in Dem Projekt sieht,


    dann kööönnte hier, Meinem Ermessen, "Was Grösseres" als Entdeckung, Discovery ins Haus stehen.



    Übern Daumen 20 Mio Mcap Der Laden.


    Aber noch looooong Way to go.



    Ich garantiere für NICHTS, aber finde Die wirklich "sauspannend".


    Man wird sehen, Was passiert.



    PUCAMAYO

    http://www.condorresources.com/s/ProjectPucamayo.asp

    Crescat Gets Activist on Gold #1 Geologic Cut - Condor Res. ($CN.V) & Eloro Res. ($ELO.V)

    http://www.youtube.com/watch?v=tSvgI49D91Q


    - Crescat Capital
    2770 Abonnenten



    Here is the geologic portion of our Crescat Gets Activist on Gold #1 video. For the full video, including Crescat Portfolio Managers Kevin Smith and Tavi Costa's macro insight please visit: https://youtu.be/wLj9jmqOeCs



    We have been hard at work negotiating deals in select gold and silver exploration companies. In our hedge funds, we have been investing in private placements in public companies, often at significant discounts with warrants. We are building activist positions in some the best properties around the globe at highly attractive valuations after a decade long bear market. We are following the economic and technical advice of renowned exploration geologist, Quinton Hennigh, PhD. Based on his extensive experience and many past successes, we have asked Quinton to serve as Crescat’s geologic and technical advisor. He has identified many of the best next generation mining assets on the planet that are still in hands of junior exploration companies today. We are bringing necessary capital to advance these projects in return for significant stakes.


    Quinton has 30 years of exploration experience, starting with Homestake, Newcrest, and Newmont then branching off from there. He is now Chairman and President of Novo Resources, one of Crescat’s largest positions. At Novo, Quinton made a massive nonconventional and potentially highly profitable gold discovery in the Pilbara region of Western Australia. Quinton is credited with the 5 million ounce discovery of the Springpole alkaline gold deposit near Red Lake, Ontario. He was instrumental in recognizing the potential for Fosterville mine in Eastern Australia and advocating for Kirkland Lake to acquire it, which it did in 2016. It was Quinton’s expertise and enthusiasm that made the allocation of capital happen to develop what was arguably the single most economically successful high-grade gold mine of the last decade.


    At Crescat, we are striving to recreate that same kind of value again capitalizing on Quinton’s knack for identifying junior companies with high quality assets today that have the potential to be some of the most profitable mines of the next decade. We are bringing friendly activist capital to these exciting new deposits. They are not the same old picked-over carcasses of the last mining cycle. We are investing in a new generation of mining deposits all over the world. Each company is unique and each one has a great story tell. Crescat will be broadcasting a series of live videos with Quinton in the coming days and weeks on Youtube profiling our strategy and the investment thesis behind each of these companies. Each one controls potentially rich underground gold and silver deposits in viable jurisdictions that should propel them to substantially larger valuations in today’s macro environment.


    Capitalizing on a new bull market in precious metals is one of our most important themes today. Crescat is infusing important growth capital into carefully vetted companies. In some cases, we are also bringing in new expertise to the board and technical team. Most importantly, and with Quinton’s guidance, we are making sure that our capital is spent on the key technical work needed to validate and expand what are some of the world’s most promising discoveries.


    Follow us on Twitter:https://twitter.com/Crescat_Capital https://twitter.com/crescatkevin https://twitter.com/TaviCosta


    IMPORTANT Disclosures:http://www.crescat.net/due-diligence/disclosures/ -

    Condor sells Lucero Project

    http://www.condorresources.com…ndor-sells-Lucero-Project


    "


    Vancouver, B.C., January 7, 2021 - Condor Resources Inc. - ("Condor" or the "Company") (TSXV:CN) is pleased to announce that it has concluded an agreement with Calipuy Resources Inc. ("Calipuy") whereby Calipuy will purchase Condor's wholly owned Peruvian subsidiary, Minas Lucero del Sur S.A.C. ("MLDS"). MLDS is a sole purpose company, and the owner of the Lucero project located in the Arequipa Department of Peru.




    Consideration is US$3.5 million, payable over five years. Should the price of gold be over US$2,500/ounce at the time of the final payment, total consideration will increase to US$4.0 million; and should the price of gold be over $3,000/ounce at the time of the final payment, the total consideration will increase to US$6.0 million. Calipuy have the option to compress the payment schedule to three years, and in such event, the total consideration will be US$3.0 million. Condor has received the initial payment of US$90,000.




    Condor has maintained certain back in rights to participate in future Calipuy financings. Should Calipuy be completing a financing, Condor have the option to participate in the financing at a 20% discount to the financing price, by converting part or all of any outstanding payment due from Calipuy. Condor's right to participate in a Calipuy financing is limited to 50% of the financing.




    Sandstorm Gold Ltd. hold a 0.5% NSR on the Lucero project, and Sandstorm, Condor, Calipuy and MLDS have executed an NSR assignment agreement with respect to Sandstorm's NSR, with Calipuy assuming the NSR obligations to Sandstorm.




    Commented Lyle Davis, Condor President, "Minas Buenaventura operated 3 underground mines at Lucero until circa 2005, several years prior to Condor acquiring the project. Condor leased the project to a Peruvian based mining company in 2015, and when the lease was terminated in late 2019, we made the strategic decision to monetize the project, and concentrate our efforts on four key exploration projects: Pucamayo, Huinac Punta, Cobreorco, and Andrea. Calipuy management have brought two mines into production, and we are confident they will be successful with a re-start at Lucero."




    Condor is an active explorer focused exclusively on Peru, supplemented by a project generator and royalty model designed to generate exploration capital whilst minimizing shareholder dilution. Our objective in advancing our portfolio of projects is the discovery of a major new precious metals or base metals deposit in Peru. Project acquisition and exploration activities are managed by the Company's Lima based exploration team.




    ON BEHALF OF THE BOARD




    Lyle Davis,
    President & Chief Executive Officer




    For further information please contact the Company at 1-866-642-5707, or by email at info@condorresources.com


    "

    Dr. Quinton Hennigh transitions to Executive role with Condor Strategic Shareholder

    http://www.condorresources.com…h-Condor-Strategic-Sha...


    "Vancouver, B.C., August 10, 2021 - Condor Resources Inc. - ("Condor" or the "Company") (TSXV:CN) is pleased to congratulate Dr. Hennigh on his appointment as a full time executive Geologic and Technical Advisor for Crescat Capital LLC. ("Crescat") With Dr. Hennigh's new role at Crescat, a strategic and significant shareholder of Condor Resources, Dr. Hennigh has tendered his resignation from the Condor Board of Directors effective August 6, 2021.


    In conjunction with the above, Condor has entered into a Strategic Shareholder Agreement with Crescat under which Dr. Hennigh will continue to provide geologic expertise on exploration activities of the Company's projects.


    "It has been a delight to act as director of Condor over the past year," commented Quinton Hennigh. "Condor is uniquely positioned with a portfolio of exceptional Peruvian projects being advanced by a highly skilled exploration team. Crescat and I look forward to remaining supportive shareholders as Condor advances key projects, including Pucamayo's maiden drilling campaign."


    Lyle Davis, Condor's President and CEO, noted "I would like to thank Dr. Hennigh for his contributions at the board level over the past year, and am delighted that he has agreed to remain involved as an advisor to Condor via Crescat. Quinton's knowledge and experience has been of great benefit to the Company and its shareholders, and will continue to be in his new role".


    Crescat is a global macro asset management firm headquartered in Denver, Colo. Crescat's mission is to grow and protect wealth over the long term by deploying tactical investment themes based on proprietary value-driven equity and macro models. Crescat's goal is industry-leading absolute and risk-adjusted returns over complete business cycles with low correlation to common benchmarks. Crescat's investment process involves a mix of asset classes and strategies to assist with each client's unique needs and objectives, and includes global macro, long/short, large cap and precious metals funds.


    Condor is an active explorer focused exclusively on Peru, supplemented by a project generator and royalty model designed to generate exploration capital whilst minimizing shareholder dilution. Our objective in advancing our portfolio of projects is the discovery of a major new precious metals or base metals deposit in Peru. Project acquisition and exploration activities are managed by the Company's Lima based exploration team.


    ON BEHALF OF THE BOARD


    Lyle Davis,
    President & Chief Executive Officer


    For further information please contact the Company at 1-866-642-5707, or by email at info@condorresources.com"

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