Operation condor 2 rating trial#
Operation condor 2 rating plus#

Average annual production of ~150,000 oz of gold over the initial 9 years of production.

Internal Rate of Return ('IRR') of 54% and a post-tax Net Present Value ('NPV') of US$418 million, after deducting upfront capex, at a discount rate of 5% and gold price of US$1,700/oz.

This technical report presents the results of a strategic mining study to Preliminary Economic Assessment ('PEA') standards completed on the Project in 2021.

On Septemthe Company provided the key findings of a technical report on its 100% owned La India Gold Project (the 'Project') prepared by SRK Consulting (UK) Limited ('SRK').

3.6 m true width at 29.1 g/t gold from 105.70 m (drill hole LIDC471) approximately 85 m below surface.

4.1 m true width at 15.23 g/t gold from 47.80 m (drill hole LIDC514) approximately 40 m below surface.

The first phase of infill drilling of 39 drill holes for 3,371.58 metres using diamond core drilling was completed on the Mestiza Open Pit and all assay results received.

25.93 m ( 14.9 m true width) at 3.94 g/t Au from 263.82 m, including 4.58 m ( 2.6 m true width) at 7.76 g/t Au from 282.12m drill depth (drill hole CCDC033) below the Cacao mineral resource and open to depth and along strike in both directions.

Operation condor 2 rating plus#

10 metre plus true width mineralised zone including the Cacao vein has been confirmed for a strike length of approximately 1,000 m beneath and along strike of the existing Cacao mineral resource.The latest drilling is clipping the top of the system. Cacao epithermal gold system is interpreted as being fully preserved, open along strike and to depth.

Completed of 3,500 m exploration drilling and received all assay results at the Cacao Prospect.16.00 m (15.7 m true width) at 5.30 g/t gold from 18.35 m drill depth, including 5.90 m (5.8 m true width) at 12.35 g/t gold from 22.10 m drilled depth (drill hole LIDC416).60.60 m (54.5 m true width) at 1.98 g/t gold from 4.15 m drill depth, including 5.75 m (5.2 m true width) at 16.88 g/t gold from 42.55 m drill depth in drill hole LIDC452 located between the two proposed starter pits.

22.05 m (21.6 m true width) at 6.48 g/t gold from 24.75 m drill depth including 15.35 m (15.0 m true width) at 8.68 g/t gold from 24.75 m drilled depth (drill hole LIDC413).

Infill drilling was to 25 m by 25 m drill spacing.

Completion of 3,370 m of diamond core infill drilling and replacement of RC drilling within and around the La India Starter Pits, which are within the fully permitted La India Open Pit.

SURREY, BC / ACCESSWIRE / Novem/ Condor Gold (AIM:CNR)(TSX:COG) announces that it has today published its unaudited financial results for the three and nine months ending 30 September, 2021 and the Management's Discussion and Analysis for the same period.Д«oth of the above have been posted on the Company's website and are also available on SEDAR at.

Operation condor 2 rating trial#

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