Metals & Minerals News

Condor tests show 91% gold recovery at La India

Condor Gold plc said that a fixed gold recovery of 91% will be used in the project economics of the forthcoming feasibility study for La India gold project in Nicaragua. METALLURGICAL TEST The figure comes from the final results of metallurgical tests for the FS on the La India open pit, which showed that gold […]

Finance Metals & Minerals News

Condor receives £22,916 via warrant exercises

Condor Gold plc received total gross proceeds of £22,916.30 following notices to exercise warrants from CEO and executive chairman Mark Child and another shareholder. The company said it was issuing a total of 91.666 new ordinary shares with a nominal value of 20p each in the capital of the company at an exercise price of […]

Finance Metals & Minerals News

Condor raises £3.25m via placing-subscription

Condor Gold plc said it had raised £3.25 million before expenses through a private placing of 11,607,149 units each at a price of 28p, including a directors’ subscription of 1,833,573 units. PLACING Each unit is comprised of one ordinary share in the company with a nominal or par value of 20p each and one-half of one […]

Metals & Minerals News

Condor notes’ significant’ assays from La India

Condor Gold plc reported “significant” assay results from sampling of geotechnical drill holes on the open pit at La India project in Nicaragua. RESULTS The company said that the twin geotechnical drill holes LIGT528 and LIGT536 provided a useful additional infill in the planned Northern starter pit. Intercepts were within and between the planned high-grade […]

Metals & Minerals News

Condor’s drill results show gold continuity at La Mestiza

Condor Gold plc said results from a 8,004m infill diamond drill programme of 96 holes demonstrated continuity in gold mineralisation at La Mestiza open pit at La India project in Nicaragua. DRILL PROGRAMME The company added that results were consistent with previous drilling grades and widths. This shows “excellent” continuity in gold mineralisation between adjacent […]