StockMarketWire.com - Condor Gold said it had commenced the permitting process for the America and Mestiza open pits at its La India project in Nicaragua.

The were located about 2km and 4km, respectively, from the location of the processing plant.

'Permitting the high grade Mestiza and America satellite feeder pits has the potential to increase annual production from open pit material by 50% to 120,000 ounces per annum for a seven year life of mine,' chief executive Mark Child said.

At 2:39pm: [LON:CNR] Condor Gold PLC share price was +1p at 23p



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