Thursday, September 18, 2025

Latest

Condor Gold Begins 1,700 Meter Drill Program At The La India Open Pit

Condor Gold (TSX: COG) today announced that the company has commenced a 1,700 meter infill geotechnical drilling program within the La India Open Pit. Condor has deployed two diamond drill rigs to hasten progress at the site.

Condor has described the program’s desired outcomes as two fold. One side of the program is targeted towards collecting high quality data that will allow for the refinement of pit wall design slopes, and secondly at positively expanding the resource reserves within La India open pit, if the pit pushes deeper.

The 2014 PFS was conducted at a spot price of US$1,250 oz gold. This current project is meant to align the latest pit slopes and future pit designs with up-to-date gold market conditions. It’s expected that this could potentially take the pit to deeper levels, converting the current below-ground mineral resource, under the pit, into an open pit mineral resource.

The planned program will see a total of thirteen holes drilled ranging in depth from 50 to 200 meters from the surface, with an average length of 131 meters. The infill geotechnical drilling program is expected to take 5 or 6 weeks to complete.

Condor Gold last traded on the TSX at $0.90.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization unless otherwise mentioned. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Why $10K Gold No Longer Sounds Crazy | Dan Wilton – First Mining Gold

The Pure Silver Set Up! | Joaquin Marias – Argenta Silver Corp

Why $30,000 Gold Isn’t Crazy! | Simon Marcotte – Northern Superior

Recommended

Canadian Copper Secures $8 Million Lead Order From Ocean Partners As Part Of Larger Funding Round

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Related News

IAMGOLD Resumes Production At Rosebel Following Union Work Stoppage Due To COVID-19 Infections

IAMGOLD Corp (TSX: IMG) released to the market late Friday night that it has resumed...

Sunday, July 26, 2020, 11:45:00 AM

The Deep Dive Compiles Company Profile On Freeman Gold

The Deep Dive has assembled a company profile on that of Freeman Gold Corp (CSE:...

Sunday, August 23, 2020, 11:32:00 AM

Russia Dramatically Increases Gold Purchases As Oil and Gas Revenue Surges

The Russian Finance Ministry has announced a substantial increase in its gold purchases starting September...

Saturday, September 7, 2024, 07:33:00 AM

The Next Major Golden Triangle Discovery | Roger Rosmus – Goliath Resources

In this interview, Roger Rosmus, CEO of Goliath Resources (TSXV: GOT), discusses the recent high-grade...

Saturday, February 8, 2025, 11:41:00 AM

Gold Nears $3,300: So Where’s All the Money? | Luke Norman – US Gold Corp

Chairman Luke Norman of US Gold Corp (NASDAQ: USAU) delivers a compelling case for gold...

Sunday, May 25, 2025, 01:29:00 PM