Condor Gold PLC (AIM:CNR, TSX:COG, FRA:W5XA, OTC:CNDGF) (AIM:CNR), the Nicaragua-focused gold group, has appointed 25-year mining veteran John Seaberg as its new chief financial officer with effect from 1 September 2021.
Mark Child, Condor’s chairman and chief executive, said he was delighted with the appointment, adding: “Seaberg has extensive experience as a CFO while also being actively involved in corporate development and investors relations.
“Until recently, he was senior vice president and CFO of Calibre Mining, which has two producing mines in Nicaragua.
“Furthermore, Seaberg strengthens our leadership team as Condor continues its twin strategy of constructing and operating a new processing plant, using the recently acquired new SAG Mill package, which has a capacity of 2,300tpd and is estimated to produce circa 100,000 oz gold per annum at its fully permitted, 100% owned La India Project in Nicaragua, while demonstrating a 5mln oz Gold District.
Child also thanked Jeffrey Karoly, who has been Condor's part-time CFO for four years, while simultaneously serving as CFO of TSX-v listed Rupert Resources.