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Condor Gold PLC (CNDR.L)

CNDR.L on London Stock Exchange

9 Dec 2016
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3.00p (+5.36%)
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Latest Key Developments (Source: Significant Developments)

Condor Gold PLC updates on termination of strategic review and formal sale process
Sunday, 17 Jan 2016 03:00pm EST 

Condor Gold PLC:Announces that it has, with immediate effect, terminated its strategic review incorporating a formal sale process.Shares of the Company have fallen 65% since the Announcement on Dec. 04 due to negative market sentiment towards junior gold exploration companies and the natural resource sector in general.The Government of Nicaragua remains very supportive of permitting a new mine at Mina La India.  Full Article

Condor Gold commences drilling programme
Sunday, 25 Jan 2015 09:30pm EST 

Condor Gold Plc:Says drilling has commenced on the flagship La India Project in Nicaragua.The company has started a 4000m drilling programme aimed at demonstrating the immediate upside of the Project.The initial 2000m of drilling has two objectives.Firstly to test the depth extent of high grade gold mineralisation beneath La India open pit reserve and existing underground gold resource which are currently defined to a maximum combined down-dip depth of only 350m.Secondly, to test the southern strike extent of La India open pit, which is open along strike to the south, but dips beneath the surface.The remaining 2,000m of the drilling programme will be subject to the initial drilling results and test existing targets on La India Project.A soil sampling programme has commenced on La India Project aimed at identifying high level epithermal prospects potentially concealing deeper high grade gold mineralisation.  Full Article