Condor Gold on track to production at La India gold deposit

0
24
  • Condor Gold completes in-fill drilling at La Mestiza open pit in Nicaragua’s La India project
  • Condor Gold looks to finance La India early next year, and may by then be supported by cash flow from toll-treated ore
  • Condor Gold updates on gold system at Cacao and results from Mestiza at gold project in Nicaragua
Condor Gold PLC

Quick facts: Condor Gold PLC

Follow

View company profile

Condor Gold is listed on the AIM market, ticker CNR and the TSX ticker COG and is operating in Nicaragua. The Company has the key Environmental Permit to construct and operate a 2,800tpd mine producing approximately 100,000 oz gold per annum from 3 open pits. Condor Gold currently has a high-grade gold mineral resource of 2.33M oz gold at 4.0g/t gold of which 1.12M oz gold open pit mineral resources are permitted for production.

21 Oct 2021

(, , ) announced the completion of an in-fill drilling programme on the high-grade La Mestiza Open pit, part of its La India project in Nicaragua.

It expects results from the drilling to be used to upgrade the existing open pit resource to the more confident indicated category for the potential inclusion in future pre-feasibility or feasibility studies of the La India project.

The open pit is estimated to contain 36,000 ounces of gold in the indicated category and 85,000 ounces in the inferred category.

“The completion of 8,004 m of infill drilling on the fully permitted La Mestiza Open pit is another milestone achieved in de-risking the La India project ahead of production,” said chairman and chief executive Mark Child.

Read more

19 Oct 2021

(, , ) said it expects to publish a Feasibility Study (FS) for its La India project in Nicaragua in the first quarter of next year and provided an update on the progress made so far.

The study is being conducted on La India Open Pit and associated mine site infrastructure.

Read more

24 Sep 2021

Condor Gold PLC (AIM:CNR, TSX:COG, FRA:W5XA, OTC:CNDGF) said the latest results from in-fill drilling at the Mestiza open pit at its La India gold project in Nicaragua showed good continuity in mineralisation between adjacent drill holes in the high-grade zones.

The total drilling programme on Mestiza Open Pit is approximately 7800 metres with 2 drill rigs operating on the site. The drilling should be completed within 6 weeks.

Read more

06 Aug 2020

It’s been remarkable to watch the evolution of Condor Gold PLC (LON:CNR)(TSE:COG) over the past few years.

The cornerstone of the company was an inspired piece of deal-making with B2Gold (TSE:BTO) undertaken by chief executive Mark Child, and from that an asset base has been built up to the point where Condor has more than two million resources ounce in the ground as part of an emerging five million ounce district play, projects that are fully permitted for production, and a decision to mine increasingly imminent.

Read more

24 Sep 2021

Condor Gold PLC (AIM:CNR, TSX:COG, FRA:W5XA, OTC:CNDGF) (AIM:CNR, TSX:COG, FRA:W5XA, OTC:CNDGF) Mark Child joins Proactive London to discuss the latest results from the in-fill drilling at the Mestiza open pit at its La India gold project in Nicaragua.

Child explains how the results reveal good continuity in mineralisation between adjacent drill holes in the high-grade zones.

He also explains the assays from drilling at the Cacao prospect in Nicaragua which identified a gold vein system over 1,000m long and 10m wide.

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is…

In exchange for publishing services rendered by the Company on behalf of named herein, including the promotion by the Company of in any Content on the Site, the Company receives from said issuer annual cash…

FOR OUR FULL DISCLAIMER CLICK HERE

Condor Gold PLC (LON:CNR), Mark Child – Chairman & CEO Presenting at the…

Condor Gold PLC (AIM:CNR, TSX:COG, OTC:CNDGF) (LON:CNR), Mark Child – Chairman & CEO Presenting at the Proactive One2One Virtual Forum

Condor Gold plc was admitted to AIM on 31st May 2006. It is also listed in Canada on the TSX. The Company is a gold exploration and development company…

1 week, 6 days ago

3 min read

LEAVE A REPLY

Please enter your comment!
Please enter your name here