Condor Gold Ord Shs V.COG

Primary Symbol: T.COG Alternate Symbol(s): CNDGF

Metals & Mining Gold

Condor Gold plc is a United Kingdom-based company, which is a gold exploration and development company with a focus on Nicaragua. The Nicaragua projects include La India, Estrella, and Rio Luna. The Company’s principal asset is La India Project, Nicaragua, which comprises a prospective land package of 588 sq km (square kilometers) comprising 12 contiguous and adjacent concessions. The Estrella Concession covers an area of 18 square kilometer over the Estrella Gold Mine, located approximately 20 kilometers southwest of Siuna. The Rio Luna is an exploration project, which includes a concession, covering an area of approximately 43 square kilometer in the Central Highlands of Nicaragua. The Company has environmental permits for the Mestiza and America open pits respectively, both located close to La India. The Mestiza open pit hosts 92 Kt at a grade of 12.1 g/t gold. The America open pit hosts 114 Kt at a grade of 8.1 g/t gold.

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Condor Gold Ord Shs

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Post by emiltechon Dec 07, 2001 4:18pm

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Post# 4497877

Firm 20M$ contract renewable for more

Big contract with Hydro-Quebec for 20M$ over five years renewable for another five years. It could well be like 50 M$ garanteed in total over 10 Years. Plus the acquisition of M3i plus a license of the distibution control software for utilities. You add those to its National Bank and Quebec Government big contracts and business relationships and you have a cie with tremendous potential if well executed.

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