"El Condor" property is in South Eastern Ecuador. The property consists of two hundred and forty two (242) hectares of mineral rights within 4000 meters south east of Aurelian Resources Inc (ARU-TSX.V)'s recent Fruta del Norte ("FDN") high grade gold discovery and just south and sharing Aurelian's El Tigre gold anomaly at it's Condor Project, South East Ecuador. (For map, please refer to http://www.lateegra.com/pdf/lrg-map-lacondor.pdf)
El Condor property is within the same geologic unit as Aurelian's Fruta del Norte discovery. This concession is fully covered by strongly altered and oxidized intrusive rocks with presence of limonite veins and some fully brecciated sections with sericitic alteration, angular alluvial gold in placers covers 70% of the area. The property is underlain by strongly altered intermediate porphyritic intrusive rocks containing weathered sericitic / chloritic alteration. Veins up to 4m wide of tectonically brecciated crystalline quartz with iron oxides have been intersected in nearby trenches by Aurelian Resources. Additionally, 1m float boulders discovered in the area have assayed up to 6.62g/t Au.
