Condor Gold CEO Mark Child joined Steve Darling from Proactive to offer a detailed update on the La India project in Nicaragua. The company holds full ownership of the project, which boasts 2.4 million ounces of high-grade gold, evenly distributed between open-pit and underground resources. Notably, about half of the resource is categorized as indicated, with the open-pit section carrying a probable mineral reserve of over 600,000 ounces.
With a vast land package spanning 580 km²,
Condor Gold sees significant exploration potential. The project is poised for development, having secured necessary permits, purchased surface rights, and completed preliminary site clearing. Moreover, the current surge in gold prices, far exceeding the $1,600 per ounce utilized in the...