Over the last three years, Condor Gold has assembled a management team with considerable experience both in the mining sector and in financial markets. The Board comprises the chairman, the chief executive officer and three non-executive directors with relevant sector experience to complement the operational management.
The management team have a proven track record for maximising project potential and returning shareholder wealth and have extensive experience in mineral exploration, project development and project financing, ensuring that the Company has the best possible opportunity to achieve exploration success.
Condor's primary objective is to maximise shareholder value through the discovery of significant gold deposits within prospective areas in El Salvador and Nicaragua in Central America.
The company's stated objective is to drill out a commercial NI43-101 complient resource in Central America. The company is also seeking to divert its geographical risk due to the strategic Governmental revue of the mining industry El Salvador. The board is highly committed to undertaking sound corporate governance practices in the interest of the Company's shareholders and believes it will enhance the probability of achieving its corporate objectives by focusing most of the exploration efforts on projects that have a robust exploration model with excellent potential to generate early cash flow.
Compliance with the UK Corporate Governance Code
The directors recognise the value of the UK Corporate Governance Code ("the Code"), and whilst under AIM rules full compliance is not required, the directors believe that the company applies the recommedations insofar as is practical and appropriate for a public company of its size.
Please click here for information on Condor Gold Corporate Governance Policies.
Page last updated on 05/07/16.