Condor Gld Share Chat (CNR)

Wouldn't want to be out when any of this news arrives

From 29 Apr RNS:
Condor’s Preliminary Economic Assessment released on 5th March 2013 shows La India Project
has potential production of 152,000 oz gold per annum at 3.8g/t for the first 8 years of a 13 year
mine life at a cash cost of US$575 per oz gold. The gold production is evenly split between open
pit and underground mining methods. The current focus is to take La India Project to the next
stage of economic study, a Pre-Feasibility Study (“PFS”), while maintaining potential production at
circa 150,000 oz gold per annum, yet proving as much potential open pit production within the
overall production guidance.
The Central Breccia had some of the best drill results last year: LIDC101 of 45.8m at 4.24g/t,
LIDC097 of 13.7m at 6.7g/t and LIDC099 of 38.7m at 1.28g/t. The current drilling will target a
maiden open pit resource on the Central Breccia and test two nearby geochemical anomalies,
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identified in a soil sampling programme, that are potentially hidden breccia pipes hosting gold
mineralization.
Condor currently has five diamond core drilling rigs operating at La India Project, one drilling the
Central Breccia area, one continuing with the La India open pit resource infill drilling and the
America wallrock programmes and three undertaking a geotechnical drilling programme on La
India Open Pit

A geotechnical report is expected in August 2013, which will help determine the pit angles of La
India Open Pit. With further mining studies, there is potential for the 800 koz gold pit used in the
PEA to increase by 25% to 50% should steeper pit angles be achieved allowing for a deeper open
pit

Could really do with this go down a tad further that is only so I can my average down more from buying since December.Had a top up yesterday so that helped
Hoping to reach my target by year end now that would be ,,,,,,Nice

Must go and do some work ,,,catch you around

Nice! We just need this to start moving up now......

How you doing ?
Did well out of them last time so fingers crossed there, also bought in on GKP around the 130p mark

Re: BAO Me too!

Hi. No I'm not in SKR for the time being. I decided to switch funds from them into AR. I still like SKR but preferred the look of AR. for the time being. AR. should be paying out a 4.7% dividend this year and I am hoping that at some point a rebound in gold prices will give both them and CNR a lift! ATB

Another quiet start. Hopefully we will have some news before the Minesite conference. Perhaps, metallurgical test results, drilling results or trenching from Mestiza. There was also some talk of using a helicopter to do an magnetic survey of the District to highlight how prospective for gold the whole District is.

Worth remembering also that Condor will be presenting @ Minesite this Thursday