Condor Gold PLC (LON:CNR)

Mining

Condor Gold PLC is a UK-based gold exploration company primarily focusing on Nicaragua in Central America. In 2018, the company got the environmental permit to develop the La India Project in Nicaragua and operate the processing plant at the mine site with a capacity of up to 2,800 tonnes of gold per day. The project in Nicaragua is 100% owned by the company.  It was founded in the year 2005 and its headquarters are situated in Godalming, United Kingdom. The company is listed and traded on the Alternative Investment Market (AIM) of the London Stock Exchange and is a constituent of the FTSE AIM All-Share index. It also has a secondary listing in Canada on the TSX. It complies with the UK City Code on Takeovers and Mergers.

The company has drilled 397 holes for around 59,000 metres and more than 18,000 metres of trenching in between 2011 and 2017. The mineral resource estimate on the La India project area at present consists of 9.85Mt at 3.6 g/t gold for 1.140M oz gold and 5.9 g/t for 1.88M oz silver and an inferred mineral resource of 8.48Mt at 4.3 g/t for 1.179 M oz gold and 8.2g/t for 1.201M oz silver. The management team of the company has significant experience in exploration of minerals, financing, and development of projects, and thus has the potential to make the La India Project successful with the help of a bankable feasibility study.

Condor Gold PLC follows a well-defined framework of corporate governance and aligns itself with the Quoted Companies Alliance (QCA) Corporate Governance Code. Its board has set up separate committees for audit and remuneration. It has an ethical code of conduct for running its business operations and promotes a culture of trust, transparency, accountability, equality, and diversity. It has a Corporate Social Responsibility (CSR) framework in place, and it actively works with customers, suppliers, employees, and partners under its responsible business framework.

Apart from fulfilling all its corporate responsibilities, the company also fulfils its environmental and social responsibilities and complies with international best practices and guidelines to create a sustainable business. It aims to minimize the impact of its business activities on the environment and create long-term value for the business as well as the wider community.

Contact Information

company address Condor Gold PLC 7th Fl, 39 St. James's Street LONDON SW1A 1JD United Kingdom GBR

company phone+44 207 493 2784

company websitehttps://www.condorgold.com/

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