Condor Gold - Highlights 100th Minesite Forum

CNR Thu, 09 Oct 2014, 02:38pm BST

Condor Gold released a NI 43-101 compliant resource in January 2014 of 2.33Moz gold at 3.8g/t at its La India Project in Nicaragua, which includes open-pit resources of 1.14M oz gold at 3.1g/t. The Indicated resource is 1.08M oz at 3.5g/t gold, and the Inferred resource is 1.25M oz gold at 4.4g/t. Condor is progressing with a pre-feasibility study on a base-case, open-pit-only option with a view to fast tracking the open-pit resources to production and developing the underground mining potential at a later stage out of operating cash ow. La India Project has significant exploration upside.