03:54 PM EST - El Condor Minerals Inc : provided an update on its exploration program on the Anchaca Au-Ag-Cu property in southern Peru, where drilling and trenching has now been completed. The Company is also pleased to announce the acquisition of an option on an Arizona Au-Ag property. The Company has completed trenching and over 1,800 meters of drilling on its Anchaca gold-silver-copper project in southern Peru. Surface trenching proved to be more effective than originally anticipated, and drill holes were generally much longer (deeper) than originally planned. All three drill holes in the Condor zone AN-005, -007 and -008 were completed at lengths of 281, 337 and 269 meters respectively. Each hole intersected long intervals of silicified and brecciated intrusive rock with visible sulfide mineralization including more intense structural zones. Some delays in processing drill samples were initially encountered due to generator problems at elevation, however this was remedied by relocating the sample processing facility to a lower elevation with a more stable power supply. Assay results for all holes are just now being received, with a complete set of results expected by mid-month. El Condor Minerals Inc
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