Provided by Accesswire
May 13, 2021 10:15 AM UTC
SURREY, UK / ACCESSWIRE / May 13, 2021 / Condor (AIM:CNR; TSX:COG) is pleased to announce that at the Company s AGM held earlier today, all resolutions were passed.
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Condor Gold plc
+44 (0) 20 7493 2784
Beaumont Cornish Limited
+44 (0) 20 7628 3396
SP Angel Corporate Finance LLP
Ewan Leggat
Blytheweigh
+44 (0) 20 7138 3204
About Condor Gold plc:
Condor Gold plc was admitted to AIM in May 2006 and dual listed on the TSX in January 2018. The Company is a gold exploration and development company with a focus on Nicaragua.
In August 2018, the Company announced that the Ministry of the Environment in Nicaragua had granted the Environmental Permit ( EP ) for the development, construction and operation of a processing plant with capacity to process up to 2,800 tonnes per day at its wholly-owned La India gold project ( La India Project ). The EP is considered the master permit for mining operations in
- Ends -
Condor Gold plc
+44 (0) 20 7493 2784
Beaumont Cornish Limited
+44 (0) 20 7628 3396
SP Angel Corporate Finance LLP
Ewan Leggat
Blytheweigh
+44 (0) 20 7138 3204
About Condor Gold plc:
Condor Gold plc was admitted to AIM in May 2006 and dual listed on the TSX in January 2018. The Company is a gold exploration and development company with a focus on Nicaragua.
In August 2018, the Company announced that the Ministry of the Environment in Nicaragua had granted the Environmental Permit (
EP ) for the development, construction and operation of a processing plant with capacity to process up to 2,800 tonnes per day at its wholly-owned La India gold project ( La India Project ). The EP is considered the master permit for mining operations in Nicaragua. Condor Gold published a Pre-Feasibility Study (
Condor Gold plc was admitted to AIM in May 2006 and dual listed on the TSX in January 2018. The Company is a gold exploration and development company with a focus on Nicaragua. In August 2018, the Company announced that the Ministry of the Environment in Nicaragua had granted the Environmental Permit ( EP ) for the development, construction and operation of a processing plant with capacity to process up to 2,800 tonnes per day at its wholly-owned La India gold project ( La India Project ). The EP is considered the master permit for mining operations in Nicaragua. Condor Gold published a Pre-Feasibility Study ( PFS ) on the project in December 2014, summarised in the Technical Report, as defined below. The PFS details an open pit gold Mineral Reserve in the Probable category of 6.9 Mt at 3.0 g/t gold for 675,000 oz gold, producing 80,000 oz gold per annum for 7 years. La India Project contains a Mineral Resource of 9,850 Kt at 3.6 g/t gold for 1.14 Mo
Condor Gold plc: Drill Intercept 22.05 m (21.6 m True Width) at 6.48 G/T Gold From 24.75 m Drill Depth in La India Starter Pits
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Stockwork
True width is an interpretation based on the current interpretation of the veins and may be revised in the future.
La India Pit Drilling Programme - Looking Ahead
Both drill rigs are currently drilling to replace the remaining fourteen reverse circulation (RC) drill holes (1142 m of drilling) that are located within the La India mineral resource pit shell of which 600 m remains.
About the Drilling Techniques
Drilling is being undertaken using heavy duty track-mounted drilling rigs. All of the drilling is being undertaken using diamond core drilling techniques employing large diameter PQ core barrels and triple tube in the mineralised zones to ensure good sample recovery. Drilling close to surface and in proximity to historical and artisanal mine workings can present challenges t
Drill Intercept 22 05 m (21 6 m True Width) at 6 48 G/T Gold From 24 75 m Drill Depth in La India Starter Pits phoenixherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from phoenixherald.com Daily Mail and Mail on Sunday newspapers.