ACRC signs definitive MOU with Peru SOMINSAC
October 26, 2020
American Condor Resources Corporation of Greenwood Village, Colorado (“ACRC” or the “Company”) announces the signing of a definitive agreement with a Peruvian Based mine company Sociedad Minera Del Peru, SAC “SOMINSAC”.
Christopher Werner, CEO of ACRC, stated: “After close to a year of negotiations we have come to a final binding agreement with the owners of the Trinidad gold mining project in Northern Peru. Trinidad has an estimated 2 million ounces of gold and owns three mines in the project with two having over 10 grams Au per ton. These mines have both batholith and mesothermal gold belts and the pilot plant has a recovery rate of 90%. Our initial ACRC investment will be able to obtain the production and processing of 1,500 tons per month.”
ACRC has established relationships with numerous producing and near-term producing mining companies over the last year and is positioning to fund those companies through its financing arrangement with its Bermuda counterpart- C3 Ltd.
Please visit www.amcondor.com
For further information, please contact:
American Condor Resources Corporation Greenwood Village, Colorado
Christopher Werner, CEO Tel: (920) 207-0100 Email: firstname.lastname@example.org
American Condor Resources Corporation
8400 E. Prentice Ave, Ste 1360
Denver/Greenwood Village, Colorado 80111 - USA