Finance Metals & Minerals News

Condor Gold raises £28,546 through warrant exercise

Condor Gold plc today announced it had received £28,546 following notices to exercise the remaining warrants issued by the company in February 2019. PRIVATE PLACEMENT The company issued 92,083 new ordinary shares with a nominal value of 20p each in the capital of the company at a subscription price of 31p per share. In February […]

Metals & Minerals News

Condor Gold completes La India ground investigation

Condor Gold plc said it had completed a ground investigation programme comprising 23 geotechnical drill holes and 58 test pits at La India gold mine project in Nicaragua. The company is moving the project from a pre-feasibility level of design to final engineering designs on key infrastructure ahead of the mine’s construction. The ground investigation […]

Metals & Minerals News

Condor Gold starts second rig to drill 4,000m at La India

Condor Gold plc announced that a second drill rig had started a 4,000 metre infill diamond drilling programme at the ‘high-grade’ starter pits La India, Nicaragua. The company said that the starter pits were designed pits containing 445Kt at 4.17g/t gold for 59,700 oz gold using a 2.0g/t gold cut-off. The rig was mobilised for […]

Finance Metals & Minerals News

Condor Gold receives £189,435 via warrant exercise

Condor Gold received gross proceeds of £189,435.20 on 13 January 2020 following notices to exercise of warrants. The company issued 501,713 new ordinary shares with a nominal value of 20p each in the capital of the company at a subscription price of 31p per share for 125,000 warrants and at a subscription price of 40p […]

Metals & Minerals News

Condor Gold clears site as it transforms into a producer

Condor Gold plc said it had started initial site preparations at the location of the processing plant facility at La India gold mine, Nicaragua. Work includes creating the main plant access road from a regional paved highway to the processing plant, in-plant roads and a bypass road. All key areas for the plant layout – […]