Condor Gold plc said that the starter pits were “shovel ready” following final assay results for the 3,370m drill programme at La India, Nicaragua. ECONOMICS Operations have also discovered an “additional vein in the footwall.” The two starter pits are planned to exploit two high grade segments of the La India open pit to 35m […]
Tag: Condor Gold plc
Condor makes significant progress as losses widen
Condor Gold plc’s pre-tax losses increased and cash decreased as it progresses with operations at its La India project in Nicaragua. FINANCES In its unaudited interim results for six months ended June 2021, the company recorded pre-tax losses of £1,013,860 during the first six months of 2021 (H1 2020: £355,419). Net cash used in operating […]
La India starter pits gold grades exceed expectations
Condor Gold plc reported gold grades exceeding expectations from further diamond drilling between and along strike of the planned starter pits at La India project in Nicaragua. The company said it was encouraged by higher than expected grades in three of the 12 drill holes. In particular, two high-grade, wide intercepts lie between the two […]
Condor confirms early mining at La India
Condor Gold plc said that final assay results confirmed that 59,672 oz contained gold within 35m of the surface would be mined early at La India, Nicaragua. The junior miner’s two planned Northern and Southern high-grade starter pits, up to 35m deep, have now been drill tested by 45 diamond core drill holes for a […]
Condor Gold intercept backs Cacao potential
Condor Gold plc announced the best drilling intercept to date from the Cacao prospect at the La India project in Nicaragua. The drill intercept of 25.93m (14.9m true width) at 3.94g/t gold from 263.82m, including 4.58m (2.6m true width) at 7.76g/t gold from 282.12m drill depth was in drill hole CCDC033. The junior miner said that the assay result supported […]
Condor chooses Hanlon as lead engineer for FSD
Condor Gold plc has chosen Hanlon Engineering & Associates to develop a feasibility study design (FSD) for a new processing plant around Condor’s new SAG mill at La India project in Nicaragua. Hanlon will be responsible for the engineering designs, the capital cost and operating costs of the processing plant. The Tucson company is a […]