Director Dealings

RNS Number : 4563G
Condor Gold PLC
04 March 2015
 

 

 

 

 

Condor Gold plc

                                                      

7th Floor

39 St. James's Street  

London 

SW1A 1JD

Telephone +44 020 74081067

Fax: +44 020 74938633

 

4 March 2015

 

 

Condor Gold plc

(''Condor'' or "the Company")

 

 

 Director Share Purchase

 

 

The Company was informed on 3rd March 2015 that Mark Child, Chairman and CEO of the Company had, on that date, purchased 30,000 new ordinary shares at 57pence per share. Following the purchase of the shares, Mark Child's interest in the Company is as follows:

 


No. of ordinary shares

% of issued share capital

Mark Child

3,917,500

8.55%

 

 

 

 

 - Ends -

 

 

 

For further information please visit www.condorgold.com or contact:

 

Condor Gold plc

Mark Child, Executive Chairman and CEO

+44 (0) 20 7408 1067

 

Luc English, Country Manager Nicaragua

+505 8854 0753

 

Beaumont Cornish Limited

 

Numis Securities Limited

 James Biddle and Roland Cornish

+44 (0) 20 7628 3396

 

John Prior and James Black
+44 (0) 20 72601000

 


Farm Street Media

Simon Robinson

+44 (0) 7593 340107

 


 

About Condor Gold plc:

 

Condor Gold plc is an AIM listed exploration company focused on developing gold and silver resource projects in Central America. The Company was admitted to AIM on 31st May 2006 with the stated strategy to prove up CIM/JORC Resources in Nicaragua and El Salvador. Condor has eight 100% owned concessions in La India Mining District ("La India Project"); three 100% owned concessions in three other project areas and 20% in the Cerro Quiroz concession in Nicaragua. In El Salvador, Condor has 90% ownership of four licences in two project areas.

 

Condor's La India Project in Nicaragua currently contains a total attributable mineral resource of 18.4Mt at 3.9g/t for 2.33M oz gold and 2.68M oz silver at 6.2g/t to the CIM Code. Total gold equivalent of 2.37M oz. Including: Indicated mineral resource of 9.6Mt at 3.5g/t for 1.08M oz gold, Inferred mineral resource of 8.8Mt at 4.4g/t for 1.25M oz gold. Total open pit mineral resources of 1.14M oz gold at 3.1g/t. In El Salvador, Condor has an attributable 1,004,000 oz gold equivalent at 2.6g/t JORC compliant resource. The resource calculations are compiled by independent geologists SRK Consulting (UK) Limited for Nicaragua and Ravensgate and Geosure for El Salvador.

 

Disclaimer

 

Neither the contents of the Company's website nor the contents of any website accessible from hyperlinks on the Company's website (or any other website) is incorporated into, or forms part of, this announcement.

 

 

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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