UK mining firm strikes gold at new site in Nicaragua

Photo by Peter Olexa 

On 28 June, Condor Gold announced that it had discovered a gold intercept at its Cacao site in Nicaragua. The firms said this find indicates that the site “has the potential to host a

significant gold deposit.” Cacao is located four kilometres away from the principal mine of Condor’s concession in the country, known as “La India.” “The potential to add further gold mineral resource ounces from Cacao may have a significant impact on the overall value of our existing La India project,” Condor Chairman Mark Child told the press. The La India concession currently spans nearly 600 kilometres, 30% of which was added via the “Los Cerritos expansion” of 2019.

The full publication is available internationally on a subscription-only basis. SUBSCRIBE TO A FREE TRIAL