Condor Resources has officially announced the appointment of Chris Buncic as its new President and CEO, marking a significant leadership transition for the mining company. Buncic's extensive 24-year experience in the mining industry and capital markets is expected to steer Condor Resources towards new heights of exploration and development success. His previous roles, including co-founder and CEO of Alto Verde Copper Inc. and President and CEO at Ascendant Resources Inc., highlight a proven track record of restoring profitability and advancing exploration projects.
Under Buncic's leadership, Condor Resources is set to leverage its project generator model and strong community relations to further its exploration efforts. A notable focus is on the company's Peru project, where recent developments have shown promising assay results from the maiden diamond drill program at the Pucamayo East project. The program, involving 2,353 meters drilled in nine diamond drill holes, targeted a significant area within a four-square kilometer advanced argillic alteration zone. The results revealed a substantial mineralized and altered area with locally elevated precious and base metals, including significant intercepts such as 18.96 g/t AuEq over 2.0 meters.
The findings from the Pucamayo East project suggest the presence of a much larger mineralized system, offering a promising outlook for Condor Resources. With Buncic's expertise and the encouraging results from Peru, the company is well-positioned to advance its exploration and development initiatives. This leadership change and project update underscore Condor Resources' commitment to growth and its potential to make significant contributions to the mining industry.
