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Condor Resources Extends Deadline for Element79’s US$ 1 Million Lucero Payment
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Condor Resources Extends Deadline for Element79’s US$ 1 Million Lucero Payment
  • Condor Resources extended Element79 Gold's overdue USD 1 million Lucero closing payment, originally due August 25, 2026.
  • Element79 must pay USD 200,000 by November 16, 2026, with USD 800,000 due by February 12, 2027.
  • Remaining consideration stays at USD 4.05 million due July 31, 2027, or USD 6 million in milestone payments through 2033.
  • Wet-season conditions delayed maiden drilling at the fully permitted, wholly owned Huiñac Punta mining project in Peru until the second quarter of 2027.
  • The drilling program will primarily rely on the USD 1 million Lucero payment for funding.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Condor Resources Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202611101700ACCESSWRNAPR_____1249284) on November 10, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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