Condor Gold identifies 33 new targets at Nicaragua project

(ShareCast News) - Gold explorer Condor Gold said a new study at its La India deposit in Nicaragua found 33 exploration targets.The report, which the company described as a "significant step forward" in understanding the structures that host the gold mineralisation, indicated 33 exploration targets derived from the structural setting.In a statement released on Tuesday, the company said the targets require further work on the ground before it can plan an exploration programme, adding the findings will be integrated with recently collected geochemical data to determine targets for further exploration."We are delighted with the results of a very detailed report on the structural geology of La India Gold District," said group chief executive Mark Child."La India Project is a low sulphidation epithermal gold system, which is structurally controlled and complex."Condor Gold shares were up 1.54% to 52.80p at 0935 BST on Tuesday.