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Condor Gold PLC

Condor Gold PLC

Sector: Gold Ores Region: United Kingdom


: | London Stock Exchange: CNR


Similar to: Barrick Gold Corporation, Eastmain Resources, Inc., Randgold Resources Ltd.

Condor Gold Plc is a UK based AIM listed exploration Company focused on proving a large commercial reserve on its 100% owned La India Project in Nicaragua. At 18th September 2012, La India Project has a Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Standards resource of 2.4M oz gold at 4.6g/t including 751,000 oz at 4.4g/t in the Indicated Category, as required by NI 43-101 . La India Project resource includes a high grade open pit resource of 954,000 oz gold at 3.6g/t gold. A preliminary economic assessment is currently underway. In addition to the La India Resource, 87k oz gold on the Rio Luna Resource takes Condor's total resource to 2.5m oz gold in Nicaragua to CIM standards.

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Executives

Mark Child, Executive Chairman
Mr. Child has 25 years of equity capital markets experience, as an institutional stockbroker and in corporate finance/private equity, mainly in emerging markets. He has worked for W.I. Carr Indosuez, Hoare Govett, Prudential Bache Securities and was the managing director of Sun Hung Kai Securities (UK) Ltd. At board level Mr. Child has been an executive director of Hong Kong listed Regent Pacific Group, an emerging market fund manager and private equity group, which spun off Charlemagne Capital Limited and AIM listed betinternet.com plc. In addition he has been a Non Executive director of several private companies. He joined the Board of Condor Resources on the 24th May, 2006.
Jim Mellon, Non Executive Director
Jim Mellon, based in the Isle of Man, is a renowned fund manager. He began his career with GT Management in the US and in Hong Kong and later became the co-founder and managing director of Thornton Management (Asia) Limited based in Hong Kong. He is co-founder of Regent Pacific Group and Charlemagne CapitalLimited. He is currently chairman of Manx Financial Group Plc, Speymill Plc, Speymill Deutsche Immobilien Plc, Webis Holdings plc, and Rivington Street Holdings plc, co-chairman of Regent Pacific Group Ltd and Emerging Metals Limited, a director of Charlemagne Capital Limited, Polo Resources Limited, Burnbrae Group Limited and various other investment companies. Mr Mellon holds a Master's Degree in Philosophy, Politics and Economics from Oxford University.
Roger Davey, Non Executive Director
Roger Davey is a Chartered Mining Engineer with over thirty five years' experience in the mining industry covering the feasibility, financing, development and operation of both underground and surface mining operations at senior management and Director level. Previous positions include Director and General Manager of AngloGold subsidiaries in Argentina and the Senior Mining Engineer at N M Rothschild (London) in the Mining and Metals project finance team. Roger is a graduate of the Camborne School of Mines, with a Master of Science degree in Mineral Production Management from Imperial College, London University. He is presently also a Non-Executive director of Orosur Mining, EMED Mining and Alexander Mining. He is fluent in Spanish (conversational and commercial).

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