Condor Gold PLC (AIM:CNR, TSX:COG, OTC:CNDGF) CEO, Mark Child presents at the Proactive One2One Investor Forum - June 28th 2023.
Condor Gold PLC (AIM:CNR, TSX:COG, OTC:CNDGF) is a UK-based mineral exploration and development company focused on developing and further proving a large commercial reserve on its 100% owned La India Gold Project in Nicaragua.
The company has delivered a feasibility study on La India based on the probable mineral reserve of 7.3mln tonnes of ore grading 2.56 grams per tonne for 602,000 ounces.
The internal rate of return rings in at 23%. La India's post-tax and post-upfront capital cost net present value is US$86.9mln, using a discount rate of 5% and a price of US$1,600 per ounce of gold.