Condor considers smaller, high-grade openpit option for La India

Dual-listed Condor Gold is considering a high-grade openpit mining option as one three scenarios for the La India project, in Nicaragua.

The high-grade option is for a smaller plant to minimise capital expenditure and maximise cashflow in the earlier years of production, chairperson and CEO Mark Child has explained.

The scenario delivers diluted tonnage of 1.64-million tonnes at 4.65 g/t gold for 245 000 oz.