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 […]

Metals & Minerals News

Condor completes La India geotechnical drilling

Condor Gold plc has completed 21 geotechnical drill holes for 2,551.50m for the feasibility study (FS) at its 100% owned La India gold project in Nicaragua. INFORMATION The company said that the programme needed a total of 2,551.50m of oriented core drilling supported by optical and acoustic televiewer scanning, as well as geotechnical lab testing […]