11/27/2014 - 9:54 AM EST - Condor Resources Inc. : has been notified by Mariana Resources Ltd. that Mariana is withdrawing from its option agreement on the Condor de Oro project in northern Peru. Under the terms of the option agreement announced October 2012, Mariana was required to complete cumulative exploration work of $25 million U.S. and make payments to Condor totaling $5 million U.S. over four years to earn a 51% interest in the 102-sq-km project. Condor is pleased with the extent and quality of work completed by Mariana, and to have the project returned in good standing with significant value added. Condor Resources Inc.
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