Condor Gold (CNR)

Sector:

Mining

Index:

FTSE AIM All-Share

32.50p
   
  • Change Today:
    -0.50p
  • 52 Week High: 33.75p
  • 52 Week Low: 14.00p
  • Currency: UK Pounds
  • Shares Issued: 199.87m
  • Volume: 417,368
  • Market Cap: £64.96m
  • RiskGrade: 301

Condor Gold upbeat on La India metallurgical test work

By Josh White

Date: Monday 01 Apr 2019

LONDON (ShareCast) - (Sharecast News) - Condor Gold announced recent metallurgical test work conducted by B2Gold on Monday, from samples taken from an area within the permitted La India open pit.
The AIM-traded firm said two samples of around 23 kilograms each produced an average head grade of 12.1 grams per tonne of gold, and average metallurgical gold recoveries of 95.4%.

It said that confirmed the suitability of La India ores to be processed at B2Gold's processing plants in Nicaragua, or a similar processing plant.

The gold recoveries were said to have been better than previous metallurgical sampling compiled for the 2014 preliminary feasibility study.

"First, I would like to thank B2Gold for their cooperation and allowing Condor Gold to conduct metallurgical tests on mineralised ore sampled by B2Gold's personnel from within the permitted La India open pit at laboratories at both their mines in Nicaragua," said Condor Gold chairman and chief executive officer Mark Child.

"Secondly, I am delighted with the exceptional gold recoveries of 95.4% as it confirms the suitability of La India ores to be processed at B2Gold's processing plants."

Child said the high grade samples, producing an average head grade of 12.1 grams per tonne of gold, were taken from the principal La India Vein.

"It is invaluable to conduct metallurgical test work at two nearby producing gold mines whose laboratories are set up to replicate the metallurgical recoveries at the mines.

"It assists Condor in deciding on a final mine design and metallurgical process as the La India Project progresses to the construction phase."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Condor Gold Market Data

Currency UK Pounds
Share Price 32.50p
Change Today -0.50p
% Change -1.52 %
52 Week High 33.75p
52 Week Low 14.00p
Volume 417,368
Shares Issued 199.87m
Market Cap £64.96m
RiskGrade 301

Condor Gold Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
16.21% above the market average16.21% above the market average16.21% above the market average16.21% above the market average16.21% above the market average
9.77% below the sector average9.77% below the sector average9.77% below the sector average9.77% below the sector average9.77% below the sector average
Price Trend
38.43% above the market average38.43% above the market average38.43% above the market average38.43% above the market average38.43% above the market average
79.31% above the sector average79.31% above the sector average79.31% above the sector average79.31% above the sector average79.31% above the sector average
Income Not Available
Growth Not Available

Condor Gold Dividends

No dividends found

Trades for 01-May-2024

Time Volume / Share Price
15:33 100,000 @ 32.90p
15:40 50,000 @ 32.80p
15:35 50,000 @ 32.67p
16:06 25,000 @ 32.88p
15:54 25,000 @ 32.50p

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