Proactive 16/12/2020

Condor Gold (LON:CNR) said it has started initial site preparation for the processing plant facility at its Mina La India in Nicaragua, including laying down access roads and ground clearance.

The total area being cleared is 11.26 hectares with the work estimated to be completed in 3 to 4 months, Condor added.

In a statement, Mark Child, chairman and chief executive, said: «The initiation of site preparation at Mina La India marks a significant landmark in the Company’s development as it transitions from a gold exploration and development company to a gold producer.

“Two viewing platforms over the plant area have already been constructed. 25 geotechnical test pits have been completed to aid with the design of the plant layout.

“The focus of the initial site preparation is clearing 11.26 hectares of scrub and trees which will host the key areas of the plant from the stockpile area to the comminution circuit, a laydown area, warehouses, main access road and internal roads.»