Condor Gold plc said it had completed a ground investigation programme comprising 23 geotechnical drill holes and 58 test pits at La India gold mine project in Nicaragua.
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The company is moving the project from a pre-feasibility level of design to final engineering designs on key infrastructure ahead of the mine’s construction.
The ground investigation programme included 16 geotechnical drill holes and 29 test pits for the final design for the TSF, which will be fully compliant with internal and external legislation.
A further seven geotechnical drill holes and 17 test pits on La Simona dam and water retention/attenuation reservoir have been completed. Data will be used to design the retention/attenuation dam and diversion water facility.
A total of 14 piezometers have been installed to monitor sub-surface water levels. And 12 test pits at the processing plant site have been completed to provide the ground condition information required for an advanced layout design.
Condor’s chairman and chief executive Mark Child said that the completion of ground investigation reflected the company’s commitment to de-risk and advance La India to construction.
“Condor has previously completed a pre-feasibility level design on the TSF and water retention reservoir.
“The decision has been taken to accelerate the project; a feasibility level design on the TSF and water retention/attenuation reservoir is 64% completed and is due to be finalised in June 2021.
“Condor’s objective is to fast track the La India Project to operational status.”