Read the story here. Advertise at Before It's News here.
Profile image
By ProactiveInvestors (Reporter)
Contributor profile | More stories
Story Views
Last hour:
Last 24 hours:

Condor Gold starts drilling at Cacao, the first step towards demonstrating the potential for a five million ounce gold district in Nicaragua

% of readers think this story is Fact. Add your two cents.

Condor Gold PLC (LON:CNR)(TSE:COG) has commenced a 5,000 metre diamond drill programme at the Cacao prospect at La India Project, Nicaragua.

Cacao is located four kilometres from the planned processing plant at the fully permitted La India mine.

It is a potential satellite deposit to the already permitted La India, America and Mestiza open pits.

The drill programme has three main objectives: to increase the resource, to increase the strike length of the vein towards the Santa Barbara prospect, three kilometres away, and to prove the structural geological model that Cacao represents a dilational opening between two major basement feeder zones.

Drilling will concentrate on demonstrating the depth of the main gold mineralisation level and extending it along strike.

Cacao already hosts an inferred resource of 60,000 ounces of gold.

“Condor has successfully permitted a new processing plant of up to 2,800 tonnes per day, along with the associated mine site infrastructure, and is currently completing detailed engineering studies to make the project ‘shovel ready’,” said Condor chairman Mark Child.

“Initial production is expected to be 120,000 gold ounces per year. from three permitted open pits. In parallel, Condor is now embarking on the exciting second part of its strategy: demonstrating the potential for a five million ounce gold district with the initial focus on a 5,000 metre drilling programme at Cacao.”

Story by ProactiveInvestors


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!

Order by Phone at 888-809-8385 or online at M - F 9am to 5pm EST

Order by Phone at 888-809-8385 or online at M - F 9am to 5pm EST

Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen! 
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover -  Reduces Smart Meter radiation by 96%!  (See Video)

Immusist Beverage Concentrate - Proprietary blend, formulated to reduce inflammation while hydrating and oxygenating the cells.

Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Load more ...




Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.