Gold & Silver Explorer in Central America

Global resources for the company now stand at some 788,000 ounces of gold and 22.3 million ounces of silver.

Condor Resources plc is a UK based AIM listed exploration Company with a strong focus on the exploration and development of gold and silver resources within Central America.

The Company owns outright or can earn a majority interest in a substantial portfolio of concessions largely prospective for high-grade epithermal gold and silver in El Salvador and Nicaragua in Central America.

Condor's management team have extensive experience in mineral exploration, project development and project financing, ensuring that the Company has the best possible opportunity to achieve exploration success in these prospective areas of Central America.

The Company was successfully admitted to the official list of the London Stock Exchange AIM Market on 31st May 2006.



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CONDOR RES ORD PLUS-traded
http://www.plusmarketsgroup.com/details.shtml?ISIN=GB00B128J781/GBP/PLUS-exn

http://www.condorresourcesplc.com/admin/LatestNews/Docs/CNR%20World%20Mining%20Stocks%20May%2008%20web%20version.pdf
http://www.condorresourcesplc.com/

driver,

Take a look at LSB, got some this morning. A pure punt, but tight spread (SETS stock) and rumours of a takeover by Barclays.

rel
I put it on my watch list an hour ago great minds.

header updated.

Nice. A small chart would be good too.

Moving now 35%+

Now I know why I hate pure punts - exited LSB at a small loss.

Aye, this is looking very strong.

Jack russell springs to mind.

Driver,

Would you say SEO was worth buying?

ps - nice chart.

rel
Wouldn't like to say I have held for three years at 78% down but then you never know.

Will avoid I think.

May I recommend taking a look at MMS?

I bought that for almost exactly the same reasons I bought this share, plus a little snippet of info from the company..

rel
Yes you got in at the bottom by the looks of it recovering well.

Were you waiting for this Driver & Relishing?

Condor Resources PLC
18 April 2008

18 April 2008


Condor Resources plc

(''Condor'' or ''the Company'')


Condor's Maiden Resource at the El Cacao Prospect, Nicaragua


Highlights


Maiden resource calculated to JORC Inferred status of 41,000 ounces gold


The mineralised structure is open along strike in both directions and at
depth below the current level of drilling


Signs of three parallel mineralised structures are apparent and will be
tested further within the coming months.


Gold grades of up to 88.75g/t gold over 2.6 metres and 6.05g/t gold over
14 metres width.


Condor Resources Plc (AIM:CNR) is pleased to announce a maiden resource for its
El Cacao Project of some 41,000 ounces of gold to JORC Inferred category. This
supplements Condor's more extensive El Salvador resource base and brings the
company's global resource base up to 788,000 ounces of gold and 22.3 million
ounces of silver.


Condor's Chief Executive, Mr. Nigel Ferguson, stated: 'I am extremely pleased to
announce this maiden resource from our project in Nicaragua. The El Cacao
Project has produced an initial maiden resource that in our opinion can quickly
be built on through further work on the additional, plus 2,000 metres of strike
potential which is as yet untested. The Company has discovered low grade
mineralisation some 1,500 metres to the west beneath cover, which appears to be
the western strike extent of the El Cacao structure.'

That's the first of several resource announcements at Nicaragua kim. I expected them to come together but it looks like they've got this one out early. The Arras resouce update which it says will be another few weeks is expected to be a larger one I believe. But this is a good start.
There are also several other news items still to come.

Sounds promising Relishing; not in this one yet but I've got an eye on it.

Header updated to 788,000 ounces of gold. looking good with gold at $907.0.

Re: MMS,

Bought most at 4-4.25p, but hopefully have got in at or near the bottom there.

Comparison RVD have 5m ounces they have just started mining sp 4.2p M/Cap 67.41m punters on that thread are looking for 20p sp. CNR have 788k ounces + silver and more to come M/Cap 2.61m we should be at 18p+ or more.

I think people (me included) were expecting a big announcement giving figures for all the Nicaraguan projects hence the lacklustre reaction. The Nicaraguan assets are made up of several smaller areas therefore more to come, so hopefully they are still on target for the 'magic' 1m+Oz by the end of May. Still says that at the bottom of today's RNS anyway.

Looks like I should have held onto those LSB driver!

Not too bothered though as bought more SER :)

rel
Just posted on the LSB thread.