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Condor Resources flying on Nicaragua update. Big increase in estimate of mineral resources in the La India project

Wednesday, October 5, 2011

Shares in gold and silver exploration company Condor Resources rose 6.5 percent in early trading on Wednesday as it told investors that the total mineral resources in the La India project now stood at 849,000 ounces gold attributable.

This was an increase from 832,000 ounces gold attributable announced in April 2008.

The results came as SRK Consulting completed an updated mineral resource estimate on the Cacao Vein on Condor's 100 percent-owned Cacao Concession, in the Central Highlands of Nicaragua, within the La India Project..

Original source: ProActive Investors