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El Condor Acquiring Advanced Exploration Nickel Project
Jul. 05, 2011 07:50AM PST
Base Metals Investing El Condor Minerals Inc. (CVE:LCO,NEX:LCO) reports it has acquired the Horden Lake property in Canada.
El Condor Minerals Inc. (TSXV:LCO,NEX:LCO) reports it has acquired the Horden Lake property in Canada.
The press release is quoted as saying,
Pursuant to the terms of a property purchase agreement made effective June 15, 2011 between the Company and Quetzal Energy Ltd., the Company will acquire 100% of the interest held by Quetzal in the Horden Lake Property, an advanced exploration stage copper, nickel and platinum group elements project located approximately 140 kilometers north of Mattagami, in east central Quebec. The total land package is in excess of 52 square kilometers comprising 106 mineral claims, and includes a National Instrument 43-101-compliant resource in a copper-nickel deposit.