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Re: News Releases - Wednesday, August 18, 2010
Condor Exploration Peru S.A.C. Wins Prestigious Award
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Vancouver, B.C., August 18, 2010 -- Condor Resources Inc. - ("Condor"
or the "Company") (TSX.V: CN) is pleased to announce that its
wholly-owned subsidiary, Condor Exploration Peru S.A.C., was the
recipient of the 2009 Peruvian Company of the Year award for leadership
and excellence in the mining category, presented at an awards dinner in
Lima on June 30, 2010, by the 'Peruvian Company of the Year' Civil
Association. The national awards, which have been in existence for more
than 14 years, are given in several industry classifications, and are
presented on an annual basis to those organizations and institutions
which meet the criteria of the Association's evaluation committee.
Criteria include leadership, trajectory, growth potential, standards of
quality, productivity and competitiveness, as well as social and labour
support. Sources of information used in the evaluation process include
the Peruvian National Institute of Statistics, the National Society of
Peruvian Industry, and the Peruvian Chamber of Commerce, among others.
The award was accepted by Sr. Ever Marquez, Condor's V.P. of
Exploration, and General Manager of Condor Exploration Peru. Condor's
President and CEO, Patrick J. Burns, also attended the award
ceremonies, and stated "We are extremely pleased to see Sr. Marquez and
his team in Lima be recognized by their peers, and it is a testament to
their integrity and hard work towards making Condor a success story."
Prior to joining Condor in 2007, Sr. Marquez was the recipient of an
award from a major international mining company in recognition for his
discovery of a high grade gold-silver district in southern Peru.
About Condor Resources Inc.
Condor Resources Inc. was incorporated in 2003 by field exploration
specialists focused on the generation of gold and copper projects in
South America, where management has extensive experience and a proven
track record of discovery. The Company's long term objective is the
discovery of a major new gold and/or base metal deposit, and its
business plan offers shareholders access to an exciting and growing
portfolio of discovery stage properties, including six 100% owned
projects in Chile, and seven projects in Peru, each offering a unique
path to discovery.
ON BEHALF OF THE BOARD
Patrick J. Burns,
President & Chief Executive Officer
For further information please contact Carey Lotz at 1-866-642-5707, or
by email at: info@condorresources.com
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 Corporation 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.
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Copyright (c) 2010 CONDOR RESOURCES INC. (CN) All rights reserved.
For more information visit our website at
http://www.condorresources.com/ or send mailto:news@condorresources.com
Message sent on Wed Aug 18, 2010 at 9:28:28 AM Pacific Time
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Condor Resources Inc.
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EXPLORATION STAGE |
CODE : CN.V |
ISIN : CA20676U1049 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Condor Res. is a silver and gold exploration company based in Canada. Condor Res. holds various exploration projects in Argentina, in Chile and in Peru. Its main exploration properties are CONDOR DE ORO, CHAVIN, LA LIBERTAD, PUCAMAYO, CONDORO and OCROS in Peru and EL DORADO ARGENTINA SALTA in Argentina. Condor Res. is listed in Canada and in United Kingdom. Its market capitalisation is CA$ 17.9 millions as of today (US$ 13.0 millions, € 11.9 millions). Its stock quote reached its highest recent level on February 04, 2011 at CA$ 3.70, and its lowest recent point on February 05, 2016 at CA$ 0.02. Condor Res. has 102 060 000 shares outstanding. |