Resources and Reserves

Condor has defined NI 43-101 Compliant Resources and Reserves on several of its projects.

La India Project January 2019 NI 43-101 Mineral Resource Estimate

La India Project September 2014 NI 43-101 Mineral Reserve Estimate

Project	La India	La India	La India	Rio Luna	Nicaragua Total	La Calera*	Pescadito Project*	El Salvador Total	Grand Total
Condor Interest	100%	100%	100%	100%	100%	90%	90%	90%
Tonnes	9,600,000	8,500,000	18,100,000	694,000	18,800,000	6,040,000	7,110,000	13,150,000	31,930,000
Gold Grade (g/t)	3.5	4.5	4	3.5	4	1.6	1.9	1.8	3.1
Contained Gold (oz)	1,083,000	1,233,000	2,316,000	80,000	2,395,000	313,000	434,000	747,000	3,142,000
Attributable Gold (oz)	1,083,000	1,233,000	2,316,000	80,000	2,395,000	282,000	391,000	672,000	3,067,000
Silver Grade (g/t)	6	7	6	56	7	-	97	97	34
Contained Silver (oz)	1,790,000	860,000	2,660,000	500,000	3,158,000	-	22,100,000	22,100,000	25,530,000
Attributable Silver (oz)	1,790,000	860,000	2,660,000	500,000	3,158,000	-	19,890,000	19,890,000	23,292,000
Category	Indicated	Inferred	Ind+Inf	Inferred	Ind+Inf	Inferred	Inferred	Inferred	Ind+Inf
Gold Equivalent	3.6	4.6	4	4.4	4.1	1.6	3.4	2.6	3.5
(Ag:Au=67:1)
Grade (g/t)
Atrributable Gold Equivalent	1,110,000	1,250,000	2,360,000	86,000	2,440,000	285,000	688,000	973,000	3,410,000
(Ag:Au=67:1)
Grade (g/t)
CIM/JORC - Compliant Mineral Resource Estimation by	SRK (UK) to NI43-101 standard	SRK (UK) to NI43-101 standard		SRK (UK)		Geosure	Combined Geosure + Ravensgate certified historical pre-JORC