Condor receives green light for Nicaragua concession
Condor Gold, a British-based exploration company, revealed it has been given the green light to buy the La Mojarra concession in Nicaragua.
The company unveiled plans to buy the 27-square kilometer license two weeks ago for just over $1 million in cash and shares. Today it said La Mojarra will pass to its wholly-owned Nicaraguan subsidiary La India Gold.
La Mojarra lies next to the southern extension of the La India vein set, the source of some of Condor’s most impressive drill results.