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Condor Gold looking to commence site preparation and assessing potential routes to early production

Condor Gold PLC's (LON:CDR) Mark Child tells Proactive's Andrew Scott the key objective remains to commence site preparation at the La India site in Nicaragua and place a deposit on a processing plant by the end of the year. Condor currently has 1.12 million ounces (oz) of gold open pit mineral resources at La India permitted for extraction. Child says they're also in discussions with Calibre Mining Corp (TSE:CXB) looking at some early production scenarios.

Quick facts: Condor Gold PLC

Price: 49 GBX

AIM:CNR
Market: AIM
Market Cap: £57.62 m
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Condor Gold nearer to production than many realise, says Alastair Ford

Mining Capital's Alastair Ford says Condor Gold PLC (LON:CNR)(TSE:COG) is not far off from production which many people don't realise. ''The company's got upwards of 5mln ounces in the La India district .. within that there's 1.2mln ounces permitted to mine and within that there's high-grade ore...

on 7/8/20

2 min read