17th Sep 2008 09:27
RNS Number : 6231D Condor Resources PLC 17 September 2008 Stock Exchange Announcement 17th September 2008 For immediate release Condor Resources plc ('Condor') Change of Adviser Condor is pleased to announce that it has appointed Ambrian Partners Limited as itsNominated Adviser and sole broker with immediate effect. - end - For further information contact: Condor Resources plc Mark Child, Chairman +44 (0) 20 7408 1067 Ambrian Partners Limited Hugh Oram +44 (0) 20 7634 4705 Farm Street Media Simon Robinson +44 (0) 7887 985 671 About Condor Resources Plc: Condor Resources plc is an AIM listed exploration company focussed on developingnatural resource projects in Central America. The Company was admitted to AIM on31st May 2006 to prove up JORC Resources in Nicaragua and El Salvador. Condor hastwo 100% owned licences and the option to earn an 80% interest in a further threelicences contained within three project areas within Nicaragua. In El Salvador, Condorhas 100% ownership of four licences in two project areas. Since Admission to AIM, Condor has increased its JORC compliant resources of 354,500ounces of gold and 18.3 million ounces of silver to 891,000 ounces of gold and 22.4million ounces of silver. The Resource calculations are compiled by independent geologistsRavensgate and Geosure. Condor raised £2,000,000 before expenses in July 2008, which will allow the Companyto continue developing its existing gold and silver projects in Central America andidentifying opportunities in the natural resource sector in other geographical locations.Related Shares:
Condor Gold