StockMarketWire.com - Condor Gold has announce new results from drilling on the Mestiza vein set at the La India project in Nicaragua and confirmed that a drill programme of 5,922 m had now been completed.

Condor said the initial focus was on the Tatiana vein, one of the four constituent veins; later drilling tested the nearby Buenos Aires and Jicaro veins.

It said the objective was to convert an historic Soviet mineral resource (2,392 kt at 10.2 g/t gold for 785,694 oz gold) to Canadian NI 43-101 standard.

Highlights:

- 5,922 m completed, with drilling restricted to the top 200 m (below ground surface).

- A high-grade ore shoot on the Tatiana vein is defined over a strike length of 450 m. It has mineralised true widths up to 4.6 m (averaging 2.2 m over the main mineralised section), in addition to a hanging wall vein up to 6.1 m true width (averaging 1 m)

- Best results received from the most recent 2,848 m include:

* LIDC365 drill width 3.60 m (true width 3.12 m) at 13.7 g/t gold and 13.9 g/t silver from 142.6 m downhole depth.

* LIDC363 drill width 7.00 m (true width 6.10 m) at 2.90 g/t gold from 145.5 m.

- Best results received from the 5,922 m

* LIDC 344 drill width 3.30 m (true width 2.20 m) at 28.3 g/t gold and 38.9 g/t silver from 76.70 m.

* LIDC 358 drill width 3.55 m (true width 2.30 m) at 23.3 g/t gold and 66.6 g/t silver from 160.50 m.

- Prospect mapping has shown that the Mestiza vein system has a strike length of over 3.5 km. Historic sampling includes 41.5 g/t Au and 47.7 g/t Au up to 2 km north of the recent drilling


At 9:14am: [LON:CNR] Condor Gold PLC share price was +1.25p at 52.25p



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