Condor Gold PLC appoints senior mining engineer ahead of La India feasibility study
He will be involved in all aspects of mining engineering studies for an upcoming feasibility study and final designs prior to the construction of a processing plant and associated infrastructure using the recently acquired semi-autogenous plant.
(,,,) appointed Jair Diaz Navarro as Senior Mining Engineer to work on his fully licensed La India project in Nicaragua.
Diaz is a mining engineer with over 10 years of experience in planning and mining. He worked at Barrick Gold‘s Cortez mine, Gran Colombia Gold underground operations in Segovia and for () the Haile mine.
Mark Child, President and CEO of Condor, said Condor is putting together a team to take the La India project to gold production.
âMr. Diaz has extensive mining experience and, until recently, was the long-term mine planner at OceanaGold’s Haile mine in South Carolina.
âMr. Diaz will be involved in all aspects of the mining engineering studies for an upcoming feasibility study and final designs prior to the construction of a processing plant and associated infrastructure using the plant. Recently acquired SAG, which is expected to produce approximately 100,000 ounces of gold per year. . He will focus on optimizing mining schedules to maximize the economics of the project.
A technical study on La India earlier this month confirmed the viability of two possible routes to production, with a net present value (NPV) for a double operation estimated at US $ 418 million with a mine life of nine years at a production rate of 150,000 ounces of gold per year.