US Symbol: ECNRF
VANCOUVER, Feb. 7, 2012 /CNW/ - El Condor Minerals Inc. ("El Condor" or
the "Company") in pleased to announce the appointment of Donald Baker,
PhD, PGeo, as its Project Development Manager for the Horden Lake
Copper Project, Quebec.
Dr. Baker has 34 years of experience in the exploration, management and
evaluation of mining and exploration projects. He has held senior
management and executive positions with a number of major companies
including Royal Gold, one of the premier royalty companies, Homestake
Mining, now a part of Barrick Gold, and Climax Molybdenum Company
(AMAX, Inc), now part of Freeport McMoran.
Dr. Baker is a specialist on mining due diligence/opportunity analysis,
finance and economics, and senior project management. He has worked
extensively on exploration and development projects, including
financing, in the US, Canada and Mexico as well as numerous European
and African countries. He earned a PhD in Geology from the University
of Georgia and holds an MBA from the University of Colorado-Denver. Dr.
Baker is a Qualified Professional (Geology and Ore Reserves), certified
by the Mining and Metallurgical Society of America.
Leigh Freeman, El Condor CEO commented: "We are extremely pleased with
the appointment of Dr. Baker as Project Development Manager for Horden
Lake. Don is an internationally-recognized geologist and resource
analyst who has been involved in the development of important mineral
properties globally and who has relationships with institutional-grade
investors in North America, Europe and Asia. His diverse experience in
project evaluations, acquisitions, and corporate development will have
particular value to El Condor, and we expect his experience, judgment
and leadership at Horden Lake will be most valuable in achieving our
The Company is also pleased to report the release from escrow of all
consideration pursuant to the Horden Lake transaction with Quetzal
Energy Ltd. All rights and title to the purchased Horden Lake mineral
claims have now been transferred to El Condor Minerals and registered
with the Ministère des Ressources naturelles et de la Faune du Quebec (Quebec Ministry of Resources).
About El Condor Minerals Inc.
El Condor Minerals Inc. is a minerals exploration company focused on the
discovery and development of large precious- and base-metal mineral
systems in stable political jurisdictions. Currently the Company is
developing the Horden Lake Copper Project, an advanced exploration
stage copper-nickel deposit in Quebec. Additional information on El
Condor, its properties and exploration and development activities is
available at the Company's website: www.elcondorminerals.com.
ON BEHALF OF THE BOARD OF DIRECTORS
"Leigh W. Freeman"
President & CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
SOURCE El Condor Minerals Inc.
For further information:
please contact the Company at (604) 689-8336 (ext 103) or firstname.lastname@example.org