Condor Gold submits environmental assessments

Fri, 22nd Nov 2019

Condor Gold has submitted Environmental and Social Impact Assessments (ESIAs) to the Ministry of Environment and Natural Resources for the Environmental Permits for the development and extraction of contained gold from the America and Mestiza open pits. This follows the announcement on 28 January 2019 of an updated Mineral Resource Estimate on its 100% owned La India Project in Nicaragua, which included a new, high grade open pit on the Mestiza Vein Set and the announcement on 5 March 2019 that Condor commenced the permitting process for two high grade feeder pits. Mark Child, chairman and chief executive officer of Condor Gold, commented: 'Permitting the high grade Mestiza and America satellite feeder pits has the potential to increase annual production from open pit material by 50% to 120,000 oz gold p.a. for a seven year life of mine.' At 9:31am: (LON:CNR) Condor Gold PLC share price was +0.5p at 20p Story provided by StockMarketWire.com

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