Member Company Profile

Condor Gold

CNR:LN|Last Price: USD 0.28|Market Cap: USD 19.14 M

USD 0.20        USD 0.51


Gold Price: $1,499.85|Silver Price: $17.03|Platinum Price: $845.00|Palladium Price: $1,463.00|Gold:Silver: 88.1


European Gold Forum 2019

  Webcast|Presentation: April 11, 2019, 8:55 AM (CEST)|Presenter: Mark Child, Chairman


Status: Explorer|Primary Mineral: Gold|Primary Country of Operation: Nicaragua


Last Updated: July 9, 2019

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IR Contact

Verity Orsborn
+44 (20) 7493-2784
[email protected]
www.condorgold.com

Address

22a St James's Square
London SW1Y 4JH
United Kingdom

Cautionary Information

© Copyright 2019, Denver Gold Group & Condor Gold.
Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use.

Condor Gold is Dual listed on the AIM market of the London Stock Exchange and the Toronto Stock Exchange. In July 2018 the Company was granted the key Permit to Construct and operate a 2,800tpd mine. The strategy is to construct a base case processing plant producing approximately 100,000 oz gold per annum and prove a major gold district of 5 million oz gold at La India Project, Nicaragua.

Condor Gold currently has a high-grade gold mineral resource of 2.33M oz gold at 4.0g/t gold, which contains an economic probably mineral reserve of 6.9 million tonnes at 3.0 grammes per tonne gold for 675,000 ounces gold. The all in sustaining cash costs are low at US$700 per oz gold.

Value Drivers
  • Permitting two high grade satellite feeder pits containing 230,000 oz gold at 5.5g/t gold will increase production to 120,000 oz gold per annum for years
  • Near term cash flow opportunity of mining a “mini pit” within the permitted pit and trucking the ore to nearby processing plants
  • Proving a 5M oz Gold District on La India Project via additional drilling
Top Shareholders
  • Jim Mellon
  • Ross Beaty
  • Mark Child
Management
Chairman: Mark Child
CEO: Mark Child
CFO: Jeffrey Karoly
COO: Dave Crawford
General Manager: Aiser Sarria Sirias
Senior Geologist: Carlos Pullinger
Consultant Geologist: Dr Warren Pratt
Non-Executive Director: Jim Mellon
Non-Executive Director: Andrew Cheatle
More Detail
Capital Structure
Common Shares Outstanding: 84,821,002
Fully Diluted Shares: 84,821,002

IR Contact

Verity Orsborn
+44 (20) 7493-2784
[email protected]
www.condorgold.com

Address

22a St James's Square
London SW1Y 4JH
United Kingdom

Cautionary Information

© Copyright 2019, Denver Gold Group & Condor Gold.
Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use.