Condor Gold Plc is a UK based AIM listed exploration company focused on proving a large commercial reserve on its 100% owned La India Project in Nicaragua. At 18th September 2012, La India Project has a Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Standards resource of 2.4M oz gold at 4.6g/t including 751,000 oz at 4.4g/t in the Indicated Category, as required by NI 43-101 . La India Project resource includes a high grade open pit resource of 954,000 oz gold at 3.6g/t gold. A preliminary economic assessment is currently underway. In addition to the La India Resource, 87k oz gold on the Rio Luna Resource takes Condor’s total resource to 2.5m oz gold in Nicaragua to CIM standards. Condor has a JORC Code Resource of 1,004,000 oz gold equivalent in El Salvador, but unfortunately there is a moratorium on all mining in that country.
Condor’s management team have extensive experience in mineral exploration, project development and project financing, ensuring that the company has the best possible opportunity to achieve exploration success and take La India Project through to a bankable feasibility study. The company was successfully admitted to the London Stock Exchange, AIM Market, on 31st May 2006.Company Website: www.condorgold.com