Edison Investment Research Report

Condor Resources
Monday, May 28, 2012

Condor’s focus is on proving the potential of the highly prospective La India gold district in Nicaragua. The initial target is to lift the current 1.62Moz compliant gold resources to over 2Moz (43-101), support a PEA (43-101) study in 2012 and a move to feasibility studies on both wider exploration and significant high margin production.