Condor Gold PLC (AIM:CNR, TSX:COG, OTC:CNDGF) chairman and CEO Mark Child joined Proactive's Stephen Gunnion with details of the company's third-quarter performance for the three months to end--September.
Child told Proactive that the company continued to de-risk the La India gold project in Nicaragua, conducting further infill drilling, as well as some exploration drilling.
Additionally, he said a technical report that examined two scenarios for La India - one open pit mining scenario incorporating four open pits and one that layers in the underground resources beneath the open pits - revealed that both provide robust economics with a payback period of approximately 12 months.