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Condor Resources delays Huiñac Punta drilling to Q2 2027 due to wet season
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Condor Resources delays Huiñac Punta drilling to Q2 2027 due to wet season
  • Condor Resources extended Element79'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 February 12, 2027.
  • Remaining consideration is USD 4.05 million by July 31, 2027, or milestone payments totaling USD 6 million through 2033.
  • Wet-season conditions delayed maiden drilling at the wholly owned Huiñac Punta mining project in Peru to the second quarter of 2027.
  • The fully permitted drilling program is expected to be funded primarily by Element79's USD 1 million payment.


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 on November 11, 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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