The content has been shared, if you want to share this content with other users click here.
Vancouver's Condor Resources and Chakana Resources have extended the time period to conclude a memorandum of understanding concerning the Soledad copper-gold-silver project in Peru until May 9, the former said in a statement.
The company said an upcoming drilling campaign is focused on further delineating the extent of mineralization already identified at the Mojardina and Jesus Maria prospects.
It said the new discoveries add to its "confidence in defining a bulk tonnage silver resource within the southern extends of the Cuitaboca land package."
The Miton de Oro, Indio Inka and Pueblo de Oro concessions have no underlying royalties, are road accessible, and were subject to varying forms of small-scale artisanal mine workings in the past. They were acquired as potential mineral sources for its 80%-owned Águila Norte processing plant.