Condor Gold plc said that progress had been made on studies in support of a feasibility study (FS) expected during Q1 2022 for its La India gold project in Nicaragua. ADDITIONAL DRILLING The FS is for La India open pit and associated mine site infrastructure. Condor added that a review of the initial round of […]
Tag: La India – Nicaragua
Condor presents two mining options for La India
Condor Gold plc has outlined two mining scenarios following SRK Consulting’s preliminary economic assessment (PEA) on its 100% owned La India gold project in Nicaragua. SCENARIOS Scenario A involves mining from four open pits, termed La India, America, Mestiza and Central Breccia Zone (CBZ), which targets a plant feed rate of 1.225 million tonnes per […]
Condor makes significant progress as losses widen
Condor Gold plc’s pre-tax losses increased and cash decreased as it progresses with operations at its La India project in Nicaragua. FINANCES In its unaudited interim results for six months ended June 2021, the company recorded pre-tax losses of £1,013,860 during the first six months of 2021 (H1 2020: £355,419). Net cash used in operating […]
Condor confirms early mining at La India
Condor Gold plc said that final assay results confirmed that 59,672 oz contained gold within 35m of the surface would be mined early at La India, Nicaragua. The junior miner’s two planned Northern and Southern high-grade starter pits, up to 35m deep, have now been drill tested by 45 diamond core drill holes for a […]
Condor chooses Hanlon as lead engineer for FSD
Condor Gold plc has chosen Hanlon Engineering & Associates to develop a feasibility study design (FSD) for a new processing plant around Condor’s new SAG mill at La India project in Nicaragua. Hanlon will be responsible for the engineering designs, the capital cost and operating costs of the processing plant. The Tucson company is a […]
Condor to expand La India resource with infill drill
Condor Gold plc said it had started a 1,700m infill geotechnical drill programme at its La India open pit, Nicaragua. The five to six-week programme using two rigs aims to achieve a feasibility level of design by SRK Consulting (UK) Ltd as well as complement other feasibility study level programmes underway. Condor Gold added that […]