Last checked at 14 Jul 2011 07:00
Condor Resources Plc 7th Floor 39 St. James's Street London SW1A 1JD Telephone +44 020 74081067 Fax: +44 020 74938633 |
14th July 2011
Condor Resources Plc
(''Condor'' or ''the Company'')
SRK Consulting's JORC Code Resource Calculation of 989,000 oz gold @ 6.4g/t for La India Project is available on Condor's Website
Condor (AIM: CNR) is pleased to announce that SRK Consulting (UK) Limited ("SRK") has completed it's full,independent report on the JORC Compliant Mineral Resource of 988,000 oz of gold at 6.4g/t for the La India and Espinito San Pablo concessions, together known as "La India Concession", in Nicaragua, as announced on 13th April 2011, in which Condor has an attributable interest of 790,400 oz.
The SRK report on the La India Concession is now available for review on Condor's website www.condorresourcesplc.com.
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For further information please visit www.condorresourcesplc.com or contact:
Condor Resources plc | Mark Child, Executive Chairman & CEO +44 (0) 20 7408 1067
| Luc English, Country Manager Nicaragua & El Salvador +505 8854 0753
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Ambrian Partners Limited | Samantha Harrison and Ben Wright +44 (0) 20 7634 4700
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Farm Street Media | Simon Robinson +44 (0) 7593 340107
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About Condor Resources Plc:
Condor Resources plc is an AIM listed exploration company focused on developing gold and silver resource projects in Central America. The Company was admitted to AIM on 31st May 2006 with the stated strategy to prove up JORC Resources in Nicaragua and El Salvador. Condor has four 100% owned licenses and 80% of La India concession in La India Mining District; three 100% owned licences in three other project areas and 20% in the Cerro Quiroz concession in Nicaragua. In El Salvador, Condor has 100% ownership of four licences in two project areas.
Condor's concession holdings currently contain a JORC compliant inferred resource base of 1,092,000 ounces of gold in Nicaragua and 747,000 ounces of gold and 22 million ounces of silver in El Salvador. The Resource calculations are compiled by independent geologists Ravensgate, Geosure and SRK.
Disclaimer
Neither the contents of the Company's website nor the contents of any website accessible from hyperlinks on the Company's website (or any other website) is incorporated into, or forms part of, this announcement.