Completion Of Geotechnical Drilling For Feasibility Study On La India Open Pit

SURREY, BC - Condor Gold reported the completion of the geotechnical drilling for the upcoming Feasibility Study (FS) at the La India Project. Further to prior update, the program 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.

The company reported on some highlights: 1) 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. 2) Optical and/or acoustic televiewer employed depending on hole conditions. 3) Laboratory analysis of rock mass units on selected core samples is underway at Agapito Associates and Advanced Terra Testing. 4) 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.

Mark Child, Chairman and CEO, said, "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."