SRK's La India Report Available on Website

RNS Number : 3602K

Condor Resources PLC

14 July 2011

 

Condor Resources Plc                                                                  7th Floor                                        39 St. James's Street                                    London                                  SW1A 1JD                                                                           Telephone [phone]  Fax: [phone]

14^th July 2011

Condor Resources Plc

(''Condor'' or ''the Company'')

SRK Consulting's JORC Code Resource Calculation of 989,000 oz gold @ 6.4g/t for La India Project is available on Condor's Website

Condor (AIM: CNR) is pleased to announce that SRK Consulting (UK) Limited ("SRK") has completed it's full,independent report  on the JORC Compliant Mineral Resource of 988,000 oz of gold at 6.4g/t for the La India and Espinito San Pablo concessions, together known as "La India Concession", in Nicaragua, as announced on 13th April 2011, in which Condor has an attributable interest of 790,400 oz.

The SRK report on the La India Concession is now available for review on Condor's website www.condorresourcesplc.com.

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For further information please visit www.condorresourcesplc.com or contact:

Condor Resources plc	Mark Child, Executive Chairman & CEO [phone]	Luc English, Country Manager Nicaragua & El Salvador [phone]
Ambrian Partners Limited	Samantha Harrison and Ben Wright [phone]
Farm Street Media	Simon Robinson [phone]

About Condor Resources Plc:

Condor Resources plc is an AIM listed exploration company focused on developing gold and silver resource projects in Central America.  The Company was admitted to AIM on 31^st May 2006 with the stated strategy to prove up JORC Resources in Nicaragua and El Salvador.  Condor has four 100% owned licenses and 80% of La India concession in La India Mining District; three 100% owned licences in three other project areas and 20% in the Cerro Quiroz concession in Nicaragua.  In El Salvador, Condor has 100% ownership of four licences in two project areas.

Condor's concession holdings currently contain a JORC compliant inferred resource base of 1,092,000 ounces of gold in Nicaragua and 747,000 ounces of gold and 22 million ounces of silver in El Salvador. The Resource calculations are compiled by independent geologists Ravensgate, Geosure and SRK.

Disclaimer

Neither the contents of the Company's website nor the contents of any website accessible from hyperlinks on the Company's website (or any other website) is incorporated into, or forms part of, this announcement.

 

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