Cordillera Del Condor Overview


Location Map
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The Condor Gold-Copper Belt is centred on the Cordillera del Condor, a geological terrane that traverses the Peru-Ecuador border, extending for 200km on a north-south trend. The belt has represented one of the most important gold-bearing districts in the region since pre-Incan times. Dorato has an option to acquire 100% of 135 kilometres of strike length (1,050 square kilometers) centred on the main, productive Fruta Del Norte fault zone.

Regional Map
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Modern exploration on the Ecuadorian side of the border has successfully delineated a number of large gold and copper deposits, including two world-class deposits. Kinross Gold's Fruta del Norte gold deposit has an inferred resource of 13.6 million contained ounces of gold averaging 7.23 g/t gold (purchased from Aurelian for $1.2 billion), and the Mirador-Panantza-San Carlos Porphyry District (recently sold by Corriente Resources for $679 million) hosting approximately 25 billion pounds of copper and 4.5 million ounces of gold. The Peruvian extension of the Cordillera, shares key geological features and stratigraphy with Ecuador and is almost entirely unexplored.
Many mineral deposits and catalogued mineral occurrences in Ecuador are located with 2-3 kilometres of important north-south fault zones in the area. The largest of these is the Fruta del Norte fault zone, which extends north-south through the belt. This structural zone extends from north to south through the Mirador and Fruta Del Norte deposits before crossing the border into Peru and extending through the Dorato option package.