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Condor shares surge over results in Nicaragua

Tuesday, July 3, 2012

Shares in Condor Gold rose in London by more than 40 per cent after the latest drilling results appeared to support the potential for open pit mining at the La India project in Nicaragua.

Chief executive Mark Child described the data from the latest 2,613-metre tranche of the fully-funded 7,000-metre programme as “excellent”.

Investors and analysts appeared to agree, with shares hitting 81.37 pence at 1.10 pm for a rise of 43 per cent.

Source: Proactive