Condor Resources Launches 3,500m Cobreorco Drill Program After Overweight Rating
CN•CN•CN•CN•Morgan Stanley has reiterated an Overweight rating on Condor Resources as the company kicks off a 3,500-meter diamond drilling program at its Cobreorco copper-gold project in Peru under a Teck joint venture. The six priority holes will target a skarn and porphyry system defined by 2025 geological work.
Morgan Stanley has maintained an Overweight rating on Condor Resources, signaling expectations of above‐sector performance based on the company’s project pipeline and exploration potential.
Condor Resources has begun a 3,500‐meter diamond drilling campaign at its Cobreorco copper‐gold concession in Peru, marking the first drilling activity under its latest exploration phase.
This program, conducted in partnership with Teck Resources, will drill six priority holes into a copper‐gold skarn and porphyry system that was delineated through geological surveys completed in 2025.
