Condor Gold (AIM:CNR) announced that soil sampling has been completed at La India Project in Nicaragua and three anomalous zones that may indicate the presence of hidden/buried gold mineralised breccia zones have been discovered.
As quoted in the press release:
- Three soil geochemical anomalies identified within 1200m by 500m area containing the Central Breccia Prospect.
- Potential for 3 additional breccia pipes within this area.
- Significant, as the location is interpreted the structural centre of La India Gold District
Condor’s Chairman and CEO, Mark Child, said:
The Central Breccia is interpreted as a breccia pipe with a surface area of 300m by 150m. The recently conducted soil sampling programme has identified 3 geochemical anomalies, which may identify 3 additional breccia pipes within an area of 1200m by 500m containing the Central Breccia. It is important to emphasis that this hydrothermal breccia area, containing pyrites, is a very different gold mineralization than the epithermal gold mineralization that contains the bulk of Condor’s 2.4M oz gold at 4.6g/t resource within La India Project.