Condor Gold upbeat on La India metallurgical test work

The AIM-traded firm said two samples of around 23 kilograms each produced an average head grade of 12.1 grams per tonne of gold, and average metallurgical gold recoveries of 95.4%.

It said that confirmed the suitability of La India ores to be processed at B2Gold's processing plants in Nicaragua, or a similar processing plant.

The gold recoveries were said to have been better than previous metallurgical sampling compiled for the 2014 preliminary feasibility study.

“First, I would like to thank B2Gold for their cooperation and allowing Condor Gold to conduct metallurgical tests on mineralised ore sampled by B2Gold's personnel from within the permitted La India open pit at laboratories at both their mines in Nicaragua,” said Condor Gold chairman and chief executive officer Mark Child.

“Secondly, I am delighted with the exceptional gold recoveries of 95.4% as it confirms the suitability of La India ores to be processed at B2Gold's processing plants.”

Child said the high grade samples, producing an average head grade of 12.1 grams per tonne of gold, were taken from the principal La India Vein.

“It is invaluable to conduct metallurgical test work at two nearby producing gold mines whose laboratories are set up to replicate the metallurgical recoveries at the mines.

“It assists Condor in deciding on a final mine design and metallurgical process as the La India Project progresses to the construction phase.”