Holding(s) in Company

RNS Number : 7978C

Condor Resources PLC

19 November 2009

 



19 November 2009

Condor Resources plc ("the Company")

Holdings in Company

The Company announces that it was notified on 9 November 2009 that following a disposal of shares by Barclays PLC on 6 November 2009, Barclays PLC no longer has a notifable interest in the Company as its interest has fallen below the 5% disclosure threshold.

Enquiries:

Condor Resources Plc	Mark Child, Chairman [phone]
Ambrian Partners Limited	Richard Swindells [phone]
Farm Street Media	Simon Robinson [phone] [phone]

About Condor Resources Plc:

Condor Resources plc is an AIM listed exploration company focused on developing natural resource projects in Central America. The Company was admitted to AIM on 31st May 2006 raising £4.9m to prove up JORC Resources in Nicaragua and El Salvador. Condor has three 100% owned licenses contained within two project areas in Nicaragua. In El Salvador, Condor has 100% ownership of four licences in two project areas.

Since Admission to AIM, Condor has increased its JORC compliant inferred resources from 350,000 ounces of gold and 18 million ounces of silver to 788,000 ounces of gold and 22 million ounces of silver. The Resource calculations are compiled by independent geologists Ravensgate and Geosure. 

 

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