SURREY, BC / ACCESSWIRE / November 30, 2021 / Condor Gold (AIM:CNR)(TSX:COG) is pleased to announce the completion of the geotechnical drilling for the upcoming Feasibility Study (FS) at its 100% owned La India Project (the "Project"). Further to the update of 19 October 2021, the programme required a total of 2,551.50 m of oriented core drilling backed by the use of optical and acoustic televiewer scanning, as well as geotechnical lab testing on core samples. This new information is in addition to the data set developed for the Preliminary Feasibility Study (PFS) which consisted of 11 geotechnical holes for a total of 1,836.25 m, and 12 resource drill holes for a total of 2550.43m which have been logged for geotechnical purposes.
不列顛哥倫比亞省薩里/ACCESSWIRE/2021 年 11 月 30 日/Condor Gold（AIM: CNR）（多倫多證券交易所股票代碼：COG）欣然宣佈，其全權持股的拉印度項目（“項目”）即將進行的可行性研究（FS）的岩土工程鑽探已經完成。除了2021年10月19日的更新外，該計劃還要求總共進行2551.50米的定向岩心鑽探，並使用光學和聲學電視掃描器掃描，以及岩土工程實驗室對岩心樣品進行測試。這些新信息是對爲初步可行性研究（PFS）開發的數據集的補充，該數據集包括11個岩土工程孔，總長度爲1,836.25米，以及12個資源鑽孔，總長度爲2550.43米，這些鑽孔是爲岩土工程目的記錄的。
Both the PFS and the current FS geotechnical programmes were designed and were being monitored by SRK Consulting (UK) Ltd ("SRK"), which included a recent site visit by a senior geotechnical consultant. The primary objective of the geotechnical programme is to upgrade the PFS work to an FS level.
PFS和當前的FS岩土工程項目均由SRK諮詢（英國）有限公司（“SRK”）設計和監督，其中包括一位高級岩土工程顧問最近的實地考察。岩土工程方案的主要目標是將PFS的工作提升到財務服務水平。
Highlights
亮點
- 21 geotechnical drill holes completed in 2021 for a total of 2,551.50 m of geotechnical drilling for a geotechnical study to FS level on La India Open Pit
- Optical and/or acoustic televiewer employed depending on hole conditions
- Laboratory analysis of rock mass units on selected core samples is underway at Agapito Associates and Advanced Terra Testing, Colorado, USA.
- A combined 32 geotechnical drill holes for 3,251.50 m has been completed on La India open pit providing sufficient data for FS level design pit angles for the pit over the life of mine.
- 2021 年完成了 21 個岩土工程鑽孔，共進行了 2,551.50 m 的岩土工程鑽探，用於對印度露天礦進行岩土工程研究
- 根據孔洞條件採用的光學和/或聲學電視機
- 美國科羅拉多州的Agapito Associates和Advanced Terra測試公司正在對選定岩心樣本上的巖體單元進行實驗室分析。
- La India 露天礦共完成了 32 個岩土工程鑽孔，長度爲 3,251.50 m，這爲該礦在礦山使用壽命期間的 FS 級設計坑角提供了足夠的數據。
Mark Child, Chairman and CEO commented:
董事長兼首席執行官馬克·柴爾德評論說：
"The completion of an additional 2,551.50 m of geotechnical drilling for a total of 3,251,50 m of geotechnical drilling to date in support of the slope stability assessment, which includes pit slope angles, represents a significant milestone in the completion of the Feasibility Study for La India Open Pit. The geotechnical analysis will establish the design parameters for the ultimate pit design and the intermediate phases, which in turn will govern the detailed production schedule that underlies the Feasibility Study due in the first quarter of 2022."
“迄今爲止，又完成了2551.50米的岩土工程鑽探，總計3,251,50米的岩土工程鑽探，以支持包括礦坑斜率角度在內的斜坡穩定性評估，這是拉印度露天礦可行性研究完成的重要里程碑。岩土工程分析將確定最終礦坑設計和中間階段的設計參數，這反過來將指導詳細的生產計劃，而這正是定於2022年第一季度進行的可行性研究的基礎。”
Background
背景
Condor announced the commencement of geotechnical drilling in an RNS on the 15 June 2021.
神鷹宣佈於2021年6月15日開始在RNS進行岩土工程鑽探。
Figure 1: Location of all Geotechnical Drilling to Date on La India Open Pit
圖 1：迄今爲止拉印度露天礦上所有岩土工程鑽探的位置
Note: 17 geotechnical holes in 2021 including 4 holes redrilled at same/similar drill collar.
注意：2021 年有 17 個岩土工程孔，包括 4 個在相同/相似的鑽環上重新鑽孔的孔。
As noted, the objective of the additional geotechnical drilling was to update the understanding of the pit slope stability to a Feasibility Study level of design. The initial 1,700 m was completed in September 2021. Following a review of the results by SRK the programme was extended with an additional five drill holes to further refine the dataset and provide better coverage of key areas of the pit wall. The final data collection from 21 drill holes, including 4 holes that were re-drilled, for 2,551.50 m of drill core was completed on the 19 November, with acceptance of the programme by SRK confirmed the following week.
如前所述，額外岩土工程鑽探的目的是將對礦坑邊坡穩定性的理解更新到可行性研究的設計水平。最初的 1,700 米於 2021 年 9 月完工。在SRK對結果進行審查後，該計劃進行了擴展，增加了五個鑽孔，以進一步完善數據集並更好地覆蓋坑牆的關鍵區域。從21個鑽孔（包括重新鑽孔的4個孔）中收集了2,551.50米鑽芯的最終數據收集工作於11月19日完成，SRK於次周確認了對該計劃的接受。
Laboratory analysis of the mechanical characteristics of the rock mass units was awarded to Agapito Associates Inc and Advanced Terra Testing Inc, both in Colorado, USA and has been conducted in parallel with the geotechnical drilling program.
美國科羅拉多州的Agapito Associates Inc和Advanced Terra Testing Inc授予了對巖體單元力學特性的實驗室分析，並與岩土工程鑽探計劃同時進行。
Results of the slope analysis by SRK are expected in December 2021 and will govern the ultimate pit limits designed for inclusion within the mining schedules for the Feasibility Study planned for the 1st Quarter 2022.
SRK的斜率分析結果預計將於2021年12月公佈，該結果將決定最終礦坑限值，旨在納入計劃於1年的可行性研究的採礦計劃中st 2022年季度。
About the La India Project and La India Open Pit
關於 La India 項目和 La India 露天礦場
Condor announced an updated Preliminary Economic Assessment Technical Report (PEA) on 9 September 2021, which has subsequently been filed on SEDAR. A highlight of the PEA is the open pit and underground scenario producing a Post-Tax NPV5 of US$418M, IRR 54%, average production of 150,000 oz gold p.a. for 9 years and payback 12 Months. The La India open pit represents the largest proportion of open-pit production for the La India Project. La India open pit inventory in the PEA, which combines an Indicated Mineral Resource and Inferred Mineral Resource, consists of approximately 8.34 million tonnes of ore grading 2.56 g/t with 79.62 million tonnes of waste for a strip ratio of 9.5 to 1.
神鷹於2021年9月9日公佈了更新的初步經濟評估技術報告（PEA），該報告隨後已提交給SEDAR。PEA的一大亮點是露天和地下場景，其稅後淨資產淨值5爲4.18億美元，IRR 54％，9年平均產量爲15萬盎司黃金，投資回報期爲12個月。拉印度露天礦是拉印度項目露天礦產量的最大比例。PEA的印度露天礦庫存包括指示礦產資源和推斷礦產資源，包括約834萬噸礦石，品位爲2.56克/噸，廢物爲7,962萬噸，剝離率爲9.5比1。
- Ends -
-結束-
For further information please visit www.condorgold.com or contact:
欲了解更多信息，請訪問 www.condorgold.com 或聯繫：
Condor Gold plc |
Mark Child, Chairman and CEO +44 (0) 20 7493 2784 |
Beaumont Cornish Limited |
Roland Cornish and James Biddle +44 (0) 20 7628 3396 |
SP Angel Corporate Finance LLP |
Ewan Leggat +44 (0) 20 3470 0470 |
H&P Advisory Limited |
Andrew Chubb and Nilesh Patel +44 207 907 8500 |
Blytheweigh |
Tim Blythe and Megan Ray +44 (0) 20 7138 3204 |
Condor Gold plc |
董事長兼首席執行官馬克·柴爾德 +44 (0) 20 7493 2784 |
博蒙特康沃爾有限公司 |
羅蘭·康沃爾和詹姆斯·比德爾 +44 (0) 20 7628 3396 |
SP Angel 企業融資有限責任公司 |
Ewan Leggat +44 (0) 20 3470 0470 |
H&P 諮詢有限公司 |
安德魯·丘布和尼萊什·帕特爾 +44 207 907 8500 |
Blytheweigh |
蒂姆·布萊斯和梅根·雷 +44 (0) 20 7138 3204 |
About Condor Gold plc:
關於 Condor Gold plc：
Condor Gold plc was admitted to AIM in May 2006 and dual listed on the TSX in January 2018. The Company is a gold exploration and development company with a focus on Nicaragua.
Condor Gold plc於2006年5月獲准加入AIM，並於2018年1月在多倫多證券交易所雙重上市。該公司是一家黃金勘探和開發公司，專注於尼加拉瓜。
On 25 October 2021 Condor announced the filing of a Preliminary Economic Assessment Technical Report ("PEA") for its La India Project, Nicaragua on SEDAR . The highlight of the technical study is a post-tax, post upfront capital expenditure NPV of US$418 million, with an IRR of 54% and 12 month pay-back period, assuming a US$1,700 per oz gold price, with average annual production of 150,000 oz gold per annum for the initial 9 years of gold production for combined open pit and underground operations. The open pit mine schedules have been optimised from designed pits, bringing higher grade gold forward resulting in average annual production of 157,000 oz gold in the first 2 years from open pit material and underground mining funded out of cashflow.
2021年10月25日，康多宣佈在SEDAR上提交其位於尼加拉瓜的拉印度項目的初步經濟評估技術報告（“PEA”）。該技術研究的亮點是稅後、前期資本支出淨現值爲4.18億美元，內部收益率爲54％，投資回收期爲12個月，假設黃金價格爲每盎司1,700美元，黃金產量最初9年平均年產量爲15萬盎司黃金，用於露天和地下聯合業務的黃金產量爲15萬盎司黃金。露天礦開採計劃在設計的礦坑基礎上進行了優化，使更高品位的黃金向前發展，在最初的兩年中，露天材料和地下采礦的平均年產量爲15.7萬盎司黃金。
In August 2018, the Company announced that the Ministry of the Environment in Nicaragua had granted the Environmental Permit ("EP") for the development, construction and operation of a processing plant with capacity to process up to 2,800 tonnes per day at its wholly-owned La India gold Project ("La India Project"). The EP is considered the master permit for mining operations in Nicaragua. Condor has purchased a new SAG Mill, which has mainly arrived in Nicaragua. Site clearance and preparation is at an advanced stage.
2018年8月，該公司宣佈，尼加拉瓜環境部已授予環境許可證（“EP”），用於開發、建造和運營其全資拉印度黃金項目（“拉印度項目”）每天可處理高達2,800噸的加工廠。EP 被視爲尼加拉瓜採礦業務的主許可證。Condor購買了一座新的SAG工廠，該工廠主要運抵尼加拉瓜。場地清理和準備工作已進入後期階段。
Environmental Permits were granted in April and May 2020 for the Mestiza and America open pits respectively, both located close to La India. The Mestiza open pit hosts 92 Kt at a grade of 12.1 g/t gold (36,000 oz contained gold) in the Indicated Mineral Resource category and 341 Kt at a grade of 7.7 g/t gold (85,000 oz contained gold) in the Inferred Mineral Resource category. The America open pit hosts 114 Kt at a grade of 8.1 g/t gold (30,000 oz) in the Indicated Mineral Resource category and 677 Kt at a grade of 3.1 g/t gold (67,000 oz) in the Inferred Mineral Resource category. Following the permitting of the Mestiza and America open pits, together with the La India Open Pit Condor has 1.12 M oz gold open pit Mineral Resources permitted for extraction.
Mestiza和America露天礦分別於2020年4月和5月獲得環境許可，這兩個礦坑都位於印度附近。Mestiza露天礦擁有92萬噸黃金，品位爲12.1克/噸（含金量爲36,000盎司），在推斷礦產資源類別中，黃金品位爲7.7克/噸（含金量爲8.5萬盎司）的341萬噸。美國露天礦在指定礦產資源類別中擁有114千噸黃金，品位爲8.1克/噸（30,000盎司），在推斷礦產資源類別中擁有677千噸黃金，品位爲3.1克/噸（67,000盎司）。在 Mestiza 和 America 露天礦開採許可後，Condor與印度露天礦一起，允許開採112萬盎司的黃金露天礦產資源。
Disclaimer
免責聲明
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.
公司網站的內容以及可通過公司網站（或任何其他網站）超鏈接訪問的任何網站的內容均未納入本公告或構成本公告的一部分。
Qualified Persons
合格人員
The technical and scientific information in this press release has been reviewed, verified and approved by Andrew Cheatle, P.Geo., who is a "qualified person" as defined by NI 43-101 and Gerald D. Crawford, P.E., who is a "qualified person" as defined by NI 43-101 and is the Chief Technical Officer of Condor Gold plc.
本新聞稿中的技術和科學信息已由P.Geo的安德魯·奇特爾審查、驗證和批准，他是NI 43-101定義的 “合格人員”，P.E. 傑拉爾德·克勞福德是NI 43-101定義的 “合格人員”，也是Condor Gold plc的首席技術官。
Technical Information
技術信息
Certain disclosure contained in this news release of a scientific or technical nature has been summarised or extracted from the technical report entitled "Technical Report on the La India Gold Project, Nicaragua, October 2021", dated October 22, 2021 with an effective date of September 9, 2021 (the "Technical Report"), prepared in accordance with NI 43-101. The Qualified Persons responsible for the Technical Report are Dr Tim Lucks of SRK Consulting (UK) Limited, and Mr Fernando Rodrigues, Mr Stephen Taylor and Mr Ben Parsons of SRK Consulting (U.S.) Inc. Mr Parsons assumes responsibility for the MRE, Mr Rodrigues the open pit mining aspects, Mr Taylor the underground mining aspects and Dr Lucks for the oversight of the remaining technical disciplines and compilation of the report.
本新聞稿中包含的某些科學或技術性披露摘自標題爲 “” 的技術報告拉印度黃金項目技術報告，尼加拉瓜，2021 年 10 月“，日期爲2021年10月22日，生效日期爲2021年9月9日（“技術報告”），根據NI 43-101編寫。技術報告的合格負責人是SRK諮詢（英國）有限公司的蒂姆·盧克斯博士以及SRK諮詢（美國）的費爾南多·羅德里格斯先生、斯蒂芬·泰勒先生和本·帕森斯先生Inc. Parsons先生負責MRE，Rodrigues先生負責露天採礦方面，泰勒先生負責地下采礦方面，Lucks博士負責監督其餘的技術學科和報告的編寫。
Forward Looking Statements
前瞻性陳述
All statements in this press release, other than statements of historical fact, are 'forward-looking information' with respect to the Company within the meaning of applicable securities laws, including, but not limited to, statements with respect to: the use of proceeds of the offering; the impact of a Feasibility Study on, including investor confidence in, the Project; the ability of the Company to access future financing; the ongoing mining dilution and pit optimisation studies, and the incorporation of same into any mining production schedule, future development and production plans at La India Project. Forward-looking information is often, but not always, identified by the use of words such as: "seek", "anticipate", "plan", "continue", "strategies", "estimate", "expect", "Project", "predict", "potential", "targeting", "intends", "believe", "potential", "could", "might", "will" and similar expressions. Forward-looking information is not a guarantee of future performance and is based upon a number of estimates and assumptions of management at the date the statements are made including, among others, assumptions regarding: future commodity prices and royalty regimes; availability of skilled labour; timing and amount of capital expenditures; future currency exchange and interest rates; the impact of increasing competition; general conditions in economic and financial markets; availability of drilling and related equipment; effects of regulation by governmental agencies; the receipt of required permits; royalty rates; future tax rates; future operating costs; availability of future sources of funding; ability to obtain financing and assumptions underlying estimates related to adjusted funds from operations. Many assumptions are based on factors and events that are not within the control of the Company and there is no assurance they will prove to be correct.
本新聞稿中的所有聲明，除歷史事實陳述外，均爲適用證券法所指的有關公司的 “前瞻性信息”，包括但不限於以下方面的陳述：發行收益的使用；可行性研究對該項目的影響，包括投資者對該項目的信心；公司獲得未來融資的能力；正在進行的採礦稀釋和礦坑優化研究，以及將其納入其中任何採礦生產計劃，未來拉印度項目的開發和生產計劃。前瞻性信息經常（但並非總是如此）是通過使用諸如 “尋求”、“預測”、“計劃”、“繼續”、“策略”、“估計”、“預期”、“項目”、“預測”、“潛在”、“目標”、“打算”、“相信”、“潛在”、“可能”、“意願” 等詞語來識別前瞻性信息。前瞻性信息並不能保證未來的業績，其基礎是管理層在聲明發表之日的許多估計和假設，其中包括以下方面的假設：未來大宗商品價格和特許權使用費制度；熟練勞動力的可用性；資本支出的時間和金額；未來的貨幣匯率和利率；競爭加劇的影響；經濟和金融市場的總體狀況；鑽探和相關設備的可用性；政府監管的影響機構；獲得所需許可證；特許權使用費率；未來稅率；未來運營成本；未來資金來源的可得性；獲得融資的能力以及與調整後的運營資金相關的估計所依據的假設。許多假設基於公司無法控制的因素和事件，因此無法保證這些因素和事件會被證明是正確的。
Such forward-looking information involves known and unknown risks, which may cause the actual results to be materially different from any future results expressed or implied by such forward-looking information, including, risks related to: mineral exploration, development and operating risks; estimation of mineralisation and resources; environmental, health and safety regulations of the resource industry; competitive conditions; operational risks; liquidity and financing risks; funding risk; exploration costs; uninsurable risks; conflicts of interest; risks of operating in Nicaragua; government policy changes; ownership risks; permitting and licencing risks; artisanal miners and community relations; difficulty in enforcement of judgments; market conditions; stress in the global economy; current global financial condition; exchange rate and currency risks; commodity prices; reliance on key personnel; dilution risk; payment of dividends; as well as those factors discussed under the heading "Risk Factors" in the Company's annual information form for the fiscal year ended December 31, 2020 dated March 31, 2021 and available under the Company's SEDAR profile at www.sedar.com.
此類前瞻性信息涉及已知和未知的風險，可能導致實際結果與此類前瞻性信息所表達或暗示的任何未來結果存在重大差異，包括與礦產勘探、開發和運營風險；礦化和資源估計；資源行業的環境、健康和安全法規；競爭條件；運營風險；流動性和融資風險；資金風險；勘探成本；不可保險風險；利益衝突；風險在尼加拉瓜經營；政府政策變化；所有權風險；許可和許可風險；手工採礦者和社區關係；判決執行困難；市場狀況；全球經濟壓力；當前的全球金融狀況；匯率和貨幣風險；大宗商品價格；對關鍵人員的依賴；稀釋風險；股息支付；以及公司截至12月31日的財年年度信息表中 “風險因素” 標題下討論的因素，2020 年日期爲 2021 年 3 月 31 日，可用在公司的SEDAR簡介下，網址爲www.sedar.com。
Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.
儘管公司試圖確定可能導致實際行動、事件或結果與前瞻性信息中描述的重大差異的重要因素，但可能還有其他因素導致行動、事件或結果與預期、估計或預期不符。無法保證此類信息會被證明是準確的，因爲實際結果和未來事件可能與此類陳述中的預期存在重大差異。除非法律要求，否則公司不打算或義務更新或修改任何前瞻性信息，無論是由於新信息、未來事件還是其他原因。
Technical Glossary
技術詞彙表
| Feasibility Study | A Feasibility Study is a comprehensive technical and economic study of the selected development option for a mineral project that includes appropriately detailed assessments of applicable Modifying Factors together with any other relevant operational factors and detailed financial analysis that are necessary to demonstrate, at the time of reporting, that extraction is reasonably justified (economically mineable). The results of the study may reasonably serve as the basis for a final decision by a proponent or financial institution to proceed with, or finance, the development of the project. The confidence level of the study will be higher than that of a Pre-Feasibility Study. (CIM Definition Standards) |
| Geotechnical Drilling | Drilling that is conducted primarily for the purposes of determining the strength and stability characteristics of a rock mass hosting a mineral resource. Such drilling determines the type of rock, orientation of faults or fracture patterns, presence of water or other factors determining the design parameters for a mine. |
| Preliminary Feasibility Study | A Pre-Feasibility Study is a comprehensive study of a range of options for the technical and economic viability of a mineral project that has advanced to a stage where a preferred mining method, in the case of underground mining, or the pit configuration, in the case of an open pit, is established and an effective method of mineral processing is determined. It includes a financial analysis based on reasonable assumptions on the Modifying Factors and the evaluation of any other relevant factors which are sufficient for a Qualified Person, acting reasonably, to determine if all or part of the Mineral Resource may be converted to a Mineral Reserve at the time of reporting. A Pre-Feasibility Study is at a lower confidence level than a Feasibility Study |
| NI 43-101 | Canadian National Instrument 43-101 a common standard for reporting of identified mineral resources and ore reserves |
| Oriented Core | A specialized drilling technique that marks the core samples generated by diamond drilling with the high point of the core. These markings permit the determination of the faulting or fracturing directions within the rock mass. |
| Televiewer | A down-hole tool that is used to provide either optical or acoustic images of the walls of a drillhole, usually a diamond drill hole. These images can then be used to further refine the understanding of the orientation of faulting and fracturing with a rock mass. |
| 可行性研究 | 可行性研究是對礦產項目選定開發方案進行的一項全面的技術和經濟研究，包括對適用的修改因素以及任何其他相關運營因素的適當詳細評估，以及詳細的財務分析，這些分析在報告時證明開採是合理的（經濟上可開採）所必需的。研究結果可以合理地作爲支持者或金融機構作出繼續或資助項目開發的最終決定的依據。該研究的可信度將高於預可行性研究的可信度。（CIM 定義標準） |
| 岩土工程鑽探 | 鑽探主要是爲了確定礦產資源巖體的強度和穩定性特徵。此類鑽探決定了岩石的類型、斷層或斷裂模式的方向、水的存在或其他決定礦山設計參數的因素。 |
| 初步可行性研究 | 預可行性研究是對礦產項目的技術和經濟可行性的一系列選擇的全面研究，該礦產項目已經發展到建立首選採礦方法（如果是地下采礦）或露天礦坑配置並確定有效的礦物加工方法的階段。它包括基於對修改因素的合理假設的財務分析，以及對任何其他相關因素的評估，這些評估足以讓合格人員合理行事，確定在報告時是否可以將全部或部分礦產資源轉換爲礦產儲量。預可行性研究的置信度低於可行性研究 |
| 在 43-101 | 加拿大國家儀器43-101：報告已確定礦產資源和礦石儲量的通用標準 |
| 定向核心 | 一種專門的鑽探技術，用岩心的高點標記金剛石鑽探生成的岩心樣品。這些標記允許確定巖體內的斷層或壓裂方向。 |
| 電視機 | 一種井下工具，用於提供鑽孔（通常是金剛石鑽孔）牆壁的光學或聲學圖像。然後，這些圖像可用於進一步加深對巖體斷層和壓裂方向的理解。 |
SOURCE: Condor Gold plc
資料來源：Condor Gold plc