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Condor nears million-ounce gold target in Nicaragua

Monday, December 12, 2011

Condor Resources is fast approaching a targeted resource of 1.5 million ounces of gold in Nicaragua.

The explorer took the running total to 1.255 million ounces with a maiden resource of 209,000 ounces at 6.7 grams per tonne from its newly acquired Espinito Mendoza property.

Condor bought the Espinito for $1.63 million in August. The land lies in the centre of the group of concessions that are collectively known as the La India project.

Original source: Proactive Investors