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Condor Gold plc: Condor Gold Plc (Condor, Condor Gold or the Company) 14.9m True Width at 3.94g/t Gold (including 2.6m at 7.76g/t Gold) at Cacao Vein

Condor Gold plc: Condor Gold Plc (Condor, Condor Gold or the Company) 14.9m True Width at 3.94g/t Gold (including 2.6m at 7.76g/t Gold) at Cacao Vein
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La India , United States , United Kingdom , Mark Child , Neil Lincoln , Tim Lucks , Benjamin Parsons , Geraldd Crawford , Ewan Leggat , Santa Barbara , James Biddle , Roland Cornish , Andrew Cheatle , Ben Parsons , Gabor Bacsfalusi , Megan Ray , Tim Blythe , National Instrument , Cacao Drilling Programme , Beaumont Cornish , Lycopodium Minerals Canada Ltd , Consulting Us Inc , Member Of The Australian Institute Mining , Oil Gas Companies , Ministry Of The Environment , Sp Angel Corporate Finance ,

Investegate |Condor Gold PLC Announcements | Condor Gold PLC: 14.9m True Width at 3.94g/t Gold at Cacao Vein


 
Please follow the link to view the announcement in full including images:
http://www.rns-pdf.londonstockexchange.com/rns/2346D 1-2021-6-27.pdf
 
 
Condor Gold (AIM: CNR; TSX: COG) is pleased to announce a significant drill intercept of
25.93m (14.9m true width) at 3.94g/t gold from 263.82m, including 4.58m (2.6m true width) at 7.76g/t gold from 282.12m drill depth in drill hole CCDC033 at the Cacao Prospect. This is the best drilling intercept returned to-date from the Cacao Prospect ( Cacao ). This assay result supports the geological model that Cacao is a fully preserved, deep-seated epithermal gold mineralisation system, with the potential to host a significant gold deposit. Cacao is located approximately 4 km from the planned processing plant at Condor s fully permitted La India gold mine and is being assessed as a potential satellite deposit. ....

La India , United States , United Kingdom , Nilesh Patel , Geraldd Crawford , Ewan Leggat , Santa Barbara , James Biddle , Roland Cornish , Andrew Cheatle , Gabor Bacsfalusi , Megan Ray , Mark Child , Neil Lincoln , Benjamin Parsons , Tim Lucks , Andrew Chubb , Ben Parsons , Tim Blythe , National Instrument , Cacao Drilling Programme , Beaumont Cornish , Canadian National Instrument , Lycopodium Minerals Canada Ltd , Consulting Us Inc , Member Of The Australian Institute Mining ,

Condor Gold plc: Condor Gold Commences Drilling on Cacao Vein to Demonstrate the Potential Upside of La India Project, Nicaragua


Condor Gold plc: Condor Gold Commences Drilling on Cacao Vein to Demonstrate the Potential Upside of La India Project, Nicaragua
CCRD004
CCRD006
132.90
CCRD014
144.18
& 0.5 m @ 12.6 g/t Au
167.30
CCDC025
Figure 2: Geological map with the inferred Cacao-Santa Barbara Vein.
Mineral Resource Estimation
Resource modelling suggests that Cacao is amenable to open pit and underground mining, despite the lower grades encountered at surface. A mineral resource estimate is shown in Table 2.
Table 2:
th January 2019; SRK Consulting (UK) Ltd).
Vein name
46
(1) The methods applied to conducting the geological modelling and estimation have not changed from those described in the Technical Report. The Cacao pits are amenable to open pit mining and the Mineral Resource Estimates are constrained within Whittle optimised pits, which SRK based on the following parameters: A Gold price of USD1,500 per ounce of gold with no adjustments. ....

Rio Viejo , Nicaragua General , La India , United States , United Kingdom , Del Cacao , Departamento De Granada , Warren Pratt , Mark Child , Neil Lincoln , Tim Lucks , Benjamin Parsons , Geraldd Crawford , Ewan Leggat , Santa Barbara , James Biddle , Roland Cornish , Ben Parsons , Gabor Bacsfalusi , Megan Ray , Tim Blythe , National Instrument , Beaumont Cornish , Canadian National Instrument , Lycopodium Minerals Canada Ltd , Company Geotechnical ,