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. 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 […]
Tag: Nicaragua
Condor Gold clears site as it transforms into a producer
Condor Gold plc said it had started initial site preparations at the location of the processing plant facility at La India gold mine, Nicaragua. Work includes creating the main plant access road from a regional paved highway to the processing plant, in-plant roads and a bypass road. All key areas for the plant layout – […]
Condor Gold starts 4,000m La India infill diamond drill
Condor Gold plc announced the start of a 4,000 metre close-spaced infill diamond drilling programme within the open pit at the La India gold project in Nicaragua. The company also hopes to start drilling on the high grade Mestiza open pit in January 2021. Condor Gold chairman and chief executive Mark Child added that mining […]
Condor Gold to fast track La India into production
Condor Gold’s cash balance increased to £5.5 million for the nine months ending 30 September 2020 compared with £3.6m for the same period in 2019 at its La India project in Nicaragua. In its unaudited results for three and nine months ending 30 September 2020, the precious metals miner added it was fast tracking the […]
Condor Gold closer to La India mine construction
Condor Gold said it has taken its wholly owned La India gold mine project in Nicaragua to the next stage by starting a ground investigation programme. The exploration company will conduct 20 geotechnical drill holes and 58 test pits on the tailings storage facility (TSF), water retention reservoir and processing plant site. The geotechnical drilling […]
Condor Gold makes ‘significant progress’ in de-risking La India
Condor Gold announced it had made significant progress in de-risking its open pit, associated mine infrastructure and planned operation plant at La India project in Nicaragua. RESOURCES The company said it had 1.12 million ounces of gold open pit mineral resources, including 8,583 thousands of tonnes (Kt) at 3.3g/t of gold for 903,000 oz gold […]