LONDON (Alliance News) - Condor Gold PLC on Thursday said it has started scout drilling work on the La India gold project in Nicaragua.
The programme is designed to demonstrate the upside of the entire project. It will seek to expand mineralisation at the El Cacao and Cristalito-Tatescame targets and test for mineralisation at the Andrea Vein, which has never before been tested.
"I am delighted that we have now prioritised several highly promising targets and are commencing scout drilling at El Cacao and Cristalito-Tatescame. Although each is currently relatively small, we believe that both have excellent potential to host much larger gold resources," said Mark Child, Condor's chief executive.
Shares in Condor were flat at 70.00 pence on Thursday.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
Copyright 2016 Alliance News Limited. All Rights Reserved.
Condor Gold (CNR)