Condor Resources CEO Chris Buncic joined Steve Darling from Proactive to share news the company has significantly expanded its Huiñac Punta high-grade silver prospect from 2,000 hectares to 7,200 hectares through uncontested applications. This additional 5,200 hectares strengthens Condor’s position at Huiñac Punta, which the company believes could host a major carbonate replacement deposit (CRD) featuring silver-dominant polymetallic mineralization.
Buncic also provided updates on Condor’s progress with the Consulta Previa process at Huiñac Punta. Upon receiving the "initiation of activities" permit, Condor will have access to a three-year drilling window, including 40 drill pads, marking a vital step toward advancing the project. The company is similarly progressing with the Pucamayo project, where it is also in the permitting stage. Condor recently addressed feedback from the ministry and is now awaiting the final evaluation.
Partner Teck Resources, holding a 75% earn-in interest, is managing its own permit application and expects to commence drilling early next year. While there have been permitting delays, both Condor and Teck remain optimistic about imminent progress.