TSXV: LCO
US Symbol: ECNRF
VANCOUVER,
Feb. 7, 2012 /PRNewswire/ - 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 goals."
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.