StockMarketWire.com - Condor Gold posted operating losses of £3,345,479 in the six months to the end of June compared with £3,298,208 last time.

The losses were attributable to administrative expenses.

Revenues were nil - unchanged from last time.

Chairman and chief executive Mark Child said: 'During the first half, Condor's geologists worked on the soil geochemistry survey, which has now been completed over the entire 313 sq km La India project.

'It is a major milestone in proving La India project hosts a major gold district.

'Major gold districts tend to be discovered in complex structural settings such as La India project.

'The soil geochemistry survey has identified two major, mineralised basement feeder zones running noth west to south east through the project, cut by the Highway Fault, which down-throws the south-eastern part of the district, which is in turn cut by an east-west link structure, to produce such a complex structural setting.

'Condor's multi-disciplined approach and a boots-on-the-ground philosophy, is generating several new drill targets and will eventually contribute to the global gold resource.'




At 9:14am: [LON:CNR] Condor Gold PLC share price was 0p at 46p



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