Condor Gold Plc Announces Its Unaudited Results for the Three and Nine Months Ended 30 September, 2022
Condor Gold Plc Announces Its Unaudited Results for the Three and Nine Months Ended 30 September, 2022
GODALMING, UK / ACCESSWIRE / November 14, 2022 / Condor Gold (AIM:CNR)(TSX:COG) announces that it has today published its unaudited financial results for the three and nine months ending 30 September, 2022 and the Management's Discussion and Analysis for the same period.
英国哥德明/ACCESSWIRE/2022年11月14日/秃鹰黄金(AIM:CNR)(多伦多证券交易所股票代码:COG)宣布,该公司已于今天公布了截至2022年9月30日的三个月和九个月的未经审计财务业绩以及同期管理层的讨论和分析。
Both of the above have been posted on the Company's website and are also available on SEDAR at .
以上两项均已在公司网站上公布,也可在SEDAR上查阅,网址为:。
Highlights for the third quarter of 2022
2022年第三季度的亮点
- Feasibility Study confirmatory metallurgical testwork demonstrated that gold recovery is independent of grade and a fixed gold recovery of 91% assuming a 75 micron grind size is being used in the project economics
- Gold extraction from the 11 variability composites averaged 92.6% at the 75 micron grind size, which is reduced by 2% to allow for gold being locked up in the processing plant.
- At a finer grind size of 53 microns an average gold extraction of 94.7% was achieved, indicating a potential upside gold recovery of about 93%.
- Updated Mineral Resource Estimate of 9,672 kt at 3.5g/t gold for 1,088,000 oz gold in the indicated mineral resource category and 8,642 kt at 4.3 g/t gold for 1,190,000 oz gold in the inferred mineral resource category.
- The open pit Mineral Resource Estimate is 8,693 kt at 3.2 g/t gold for 893,000 oz gold in the indicated mineral resource category and 3,026 kt at 3.0 g/t gold for 291,000 oz gold in the inferred mineral resource category.
- Total underground Mineral Resource Estimate is 979 kt at 6.2 g/t gold for 194,000 oz gold in the indicated mineral resource category and 5,615 kt at 5.0 g/t gold for 898,000 oz gold in the inferred mineral resource category.
- The Cacao Mineral Resource has increased 69% to 1,164 kt at 2.5g/t gold for 101,000 oz gold in the inferred mineral resource category. The deposit remains 'open' on strike and at depth.
- Updated geological interpretations and integrated litho-structural, weathering and mineralisation models are integrated in the MRE and reflect the higher degree of detail that is warranted for a Feasibility level of study on La India Open Pit. This is supported by closer-spaced diamond drilling within the upper portion of the main La India pit, along with additional detailed deposit-scale surface mapping.
- 可行性研究证实冶金试验表明,金的回收率与品位无关,在项目经济中使用75微米的研磨粒度时,固定的金回收率为91%。
- 在75微米的研磨粒度下,从11种可变性复合材料中提取的黄金平均为92.6%,减少了2%,以便将黄金锁定在加工厂中。
- 当磨矿粒度为53微米时,金的平均浸出率为94.7%,潜在的上行金回收率约为93%。
- 最新矿产资源量估计为:指示矿产资源类别中1,088,000盎司黄金为9,672千吨,黄金3.5克/吨;推断矿产资源类别中,1,190,000盎司黄金为8,642千吨,黄金4.3克/吨。
- 指示矿产资源类别中893,000盎司黄金的露天矿产资源量估计为8,693千吨,黄金为3.2克/吨;推断矿产资源类别中,291,000盎司黄金为3,026千吨,黄金质量为3.0克/吨。
- 总地下矿产资源量估计为979千吨,黄金6.2克/吨,在指示矿产资源类别中为194,000盎司黄金,而在推断矿产资源类别中,为5,615千吨,黄金为5.0克/吨黄金,为898,000盎司黄金。
- 在推断的矿产资源类别中,Cacao矿产资源增加了69%,达到1,164 kt,黄金2.5克/吨,黄金101,000盎司。该矿藏在罢工和深度开采时仍处于“敞开”状态。
- 最新的地质解释和综合岩石-构造、风化和矿化模型被整合在MRE中,并反映了La India露天矿可行性研究所需的更高详细程度。这得到了在主要La India矿坑上部更近距离的钻石钻探以及更详细的矿床规模地表测绘的支持。
On 12 September 2022, the 2022 Feasibility Study demonstrates a robust and economically viable base case for the La India open pit:
2022年9月12日,2022年可行性研究证明了La India露天矿在经济上可行的基本情况:
- Probable Mineral Reserve of 7.3Mt at 2.56g/t gold for 602,000 oz gold
- Production averages 81,545 oz gold per annum for the first 6 years of an 8.4 year mine life
- An Internal Rate of Return ("IRR") of 23% and a post tax, post upfront capital cost NPV of US$86.9 million using a discount rate of 5% and price of US$1,600 oz gold (Mineral Reserve Case).
- An Internal Rate of Return ("IRR") of 43% and a post tax, post upfront capital cost NPV of US$205.2 million using a discount rate of 5% and price of US$2,000 oz gold.
- Low initial capital requirement of US$105.5 million (including contingency and EPCM contract)
- Low average Life of Mine All-in Sustaining cash costs US$1,039 per oz gold
- 可能的矿产储量为7.3Mt,以2.56g/t黄金换取602,000盎司黄金
- 在8.4年的矿山寿命中,前6年的平均年产量为81545盎司黄金
- 以5%的贴现率及1,600盎司黄金价格(矿产储备箱)计算,按23%的内部回报率及税后资本成本计算,前期资本净现值为8,690万美元。
- 内部回报率(IRR)为43%,税后前期资本成本为2.052亿美元,折现率为5%,黄金价格为2,000盎司。
- 初始资本要求较低,为1.055亿美元(包括应急和EPCM合同)
- 矿山平均寿命低-维持现金成本每盎司黄金1,039美元
Post Period Highlights
邮政期亮点
- 12 October 2022. Jim Mellon assumed the Chairmanship of Condor Gold
- 26 October 2022. Feasibility Study Technical Report filed on SEDAR
- 2022年10月12日。吉姆·梅隆担任秃鹰黄金公司董事长
- 2022年10月26日。关于SEDAR的可行性研究技术报告
Mark Child, Chief Executive of Condor Gold, commented:
秃鹰黄金公司首席执行官马克·蔡尔德评论道:
"During the third quarter of 2022, Condor Gold continued on its journey of de-risking the La India Gold Project, advancing the Project to near construction-ready status. The Company's strategy has been to develop the fully permitted La India Project in 2 stages using the new SAG Mill that has already been purchased. The delivery of a Feasibility Study on La India open pit with an average of 81,524 oz gold per annum for the initial 6 years for a relatively low total upfront capital cost of US$106 Million is a landmark and further de-risks the Project. At US$1,600 oz gold, the La India open pit Mineral Reserve produces total revenues of US$888 Million, the total operating costs of mining, process and G&A are US$480M, leading to an operating profit of US$408 Million or a 46% operating margin. After government and other royalties, but before sustaining capital, the operating profit is US$355M, which in Condor's opinion is ample to repay any project debt on the relatively low upfront capex. At US$2,000 oz gold after paying royalties, but before sustaining capital the operating profit is US$563 Million. In reality, two permitted high grade feeder pits will be added during the early years of production thus increasing production ounces of gold. Early production is targeted at 100,000 oz gold p.a..
在2022年第三季度,秃鹰黄金继续为La India黄金项目降低风险,将该项目推进到接近施工就绪的状态。该公司的战略是利用已经购买的新的SAG磨坊,分两个阶段开发完全许可的La India项目。La India露天矿在最初6年平均每年开采81,524盎司黄金,前期总资本成本相对较低,为1.06亿美元,这是一个里程碑,进一步降低了该项目的风险。La India露天矿储量为1,600盎司黄金,总收入为8.88亿美元,采矿、加工和并购的总运营成本为4.8亿美元,营业利润为4.08亿美元,营业利润率为46%。扣除政府和其他特许权使用费,但在维持资本之前,营业利润为3.55亿美元,在秃鹰看来,这足以偿还相对较低的前期资本支出上的任何项目债务。在支付特许权使用费后,黄金价格为2,000盎司,但在持续资本之前,营业利润为5.63亿美元。实际上,在生产的最初几年将增加两个允许的高品位给矿坑,从而增加黄金的产量盎司。早期生产的目标是年产10万盎司黄金。
The plan is to materially expand production with a stage 2 expansion by converting existing Mineral Resources into Mineral Reserves and an associated integrated mine plan. On 25 October 2021, the Company announced the results of a Preliminary Economic Assessment and filed on SEDAR a technical report entitled "Condor Gold Technical Report on the La Indian Gold Project, Nicaragua, 2021" detailing average annual production of 150,000 oz of gold over the initial 9 years of production from open pit and underground Mineral Resources and provides an indication of a production target. Outside the main La India open pit Mineral Reserve, there are additional open pit Mineral Resources on four deposits (America, Mestiza, Central breccia and Cacao) which represent an aggregate 206 Kt at 9.9 g/t gold for 66,000 oz in the indicated Mineral Resource category and 2.1Mt at 3.3 g/t gold for 223,000 oz gold in the inferred Mineral Resource category. In addition, there is an aggregate underground Mineral Resource (La India, America, Mestiza, Central Breccia San Lucas, Cristalito-Tatescame, and Cacao) of 979Kt a 6.2 g/t for 194,000 oz gold in the indicated Mineral Resource category and 5.6Mt at 5.0 g/t gold for 898,000 oz gold in the inferred Mineral Resource category."
该计划是通过将现有矿产资源转换为矿产储量和相关的综合采矿计划,通过第二阶段的扩张大幅扩大产量。2021年10月25日,该公司宣布了初步经济评估结果,并向SEDAR提交了题为“尼加拉瓜La Indian金矿项目的秃鹰黄金技术报告,2021年”的技术报告,详细说明了露天矿和地下矿产资源最初9年的平均年产量为150,000盎司黄金,并提供了生产目标。在主要的La India露天矿产储量之外,还有四个矿床(America、Mstiza、Central角砾岩和Cacao)的露天矿产资源,在指示矿产资源类别中,9.9克/吨黄金的总储量为206千吨,在推断矿产资源类别中,为223,000盎司黄金,总计2.1公吨,黄金价格为3.3克/吨。此外,在指示矿产资源类别中,地下矿产资源总量(La India、America、Mstiza、Central Breccia San Lucas、Cristanito-Tatescome和Cacao)为979千克/吨,其中19.4,000盎司黄金为6.2克/吨,推断矿产资源类别中为5.6公吨(5.0克/吨)黄金,为898,000盎司黄金。
CONDOR GOLD PLC
秃鹰黄金PLC
CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
FOR THE THREE AND NINE MONTHS TO 30 SEPTEMBER 2022
简明综合全面收益表
截至2022年9月30日的三个月和九个月
Nine months to 30.09.22 unaudited £ |
Nine months to 30.09.21 unaudited £ |
Three months to 30.09.22 unaudited £ |
Three months to 30.09.21 unaudited £ |
||||||||||||||
Revenue |
- | - | - | - | |||||||||||||
Share based payments |
(355,241 | ) | (351,554 | ) | (66,335 | ) | (151,963 | ) | |||||||||
Administrative expenses |
(1,557,925 | ) | (1,254,133 | ) | (472,855 | ) | (439,864 | ) | |||||||||
Operating loss |
Note 3 |
(1,913,166 | ) | (1,605,687 | ) | (539,191 | ) | (591,827 | ) | ||||||||
Finance income |
4,025 | - | 2,440 | - | |||||||||||||
Loss before income tax |
(1,909,141 | ) | (1,605,687 | ) | (536,751 | ) | (591,827 | ) | |||||||||
Income tax expense |
Note 4 |
- | - | - | - | ||||||||||||
Loss for the period |
(1,909,141 | ) | (1,605,687 | ) | (536,751 | ) | (591,827 | ) | |||||||||
Other comprehensive income/(loss): |
|||||||||||||||||
Currency translation differences |
6,317,109 | (5,025 | ) | 3,046,404 | 619,603 | ||||||||||||
Other comprehensive income/(loss) for the period |
6,317,109 | (5,025 | ) | 3,046,404 | 619,603 | ||||||||||||
Total comprehensive profit/(loss) for the period |
4,407,968 | (1,610,712 | ) | 2,509,653 | 27,776 | ||||||||||||
Loss attributable to: |
|||||||||||||||||
Non-controlling interest |
- | - | - | - | |||||||||||||
Owners of the parent |
(1,909,141 | ) | (1,605,687 | ) | (536,751 | ) | (591,827 | ) | |||||||||
(1,909,141 | ) | (1,605,687 | ) | (536,751 | ) | (591,827 | ) | ||||||||||
Total comprehensive profit/(loss) attributable to: |
|||||||||||||||||
Non-controlling interest |
- | - | - | - | |||||||||||||
Owners of the parent |
4,407,968 | (1,610,712 | ) | 2,509,653 | 27,776 | ||||||||||||
4,407,968 | (1,610,712 | ) | 2,509,653 | 27,776 | |||||||||||||
Profit/(loss) per share expressed in pence per share: |
|||||||||||||||||
Basic and diluted (in pence) |
Note 7 |
(1.20 | ) | (1.19 | ) | (0.34 | ) | (0.44 | ) |
九 月份 至30.09.22 未经审计 £ |
九 月份 至30.09.21 未经审计 £ |
三 月份 至30.09.22 未经审计 £ |
三个月 至30.09.21 未经审计 £ |
||||||||||||||
收入 |
- | - | - | - | |||||||||||||
基于股份的支付 |
(355,241 | ) | (351,554 | ) | (66,335 | ) | (151,963 | ) | |||||||||
行政费用 |
(1,557,925 | ) | (1,254,133 | ) | (472,855 | ) | (439,864 | ) | |||||||||
营业亏损 |
注3 |
(1,913,166 | ) | (1,605,687 | ) | (539,191 | ) | (591,827 | ) | ||||||||
财政收入 |
4,025 | - | 2,440 | - | |||||||||||||
所得税前亏损 |
(1,909,141 | ) | (1,605,687 | ) | (536,751 | ) | (591,827 | ) | |||||||||
所得税费用 |
注4 |
- | - | - | - | ||||||||||||
当期亏损 |
(1,909,141 | ) | (1,605,687 | ) | (536,751 | ) | (591,827 | ) | |||||||||
其他综合收益/(亏损): |
|||||||||||||||||
货币折算差异 |
6,317,109 | (5,025 | ) | 3,046,404 | 619,603 | ||||||||||||
当期其他综合收益/(亏损) |
6,317,109 | (5,025 | ) | 3,046,404 | 619,603 | ||||||||||||
当期综合利润/(亏损)合计 |
4,407,968 | (1,610,712 | ) | 2,509,653 | 27,776 | ||||||||||||
损失可归因于: |
|||||||||||||||||
非控制性权益 |
- | - | - | - | |||||||||||||
母公司的所有者 |
(1,909,141 | ) | (1,605,687 | ) | (536,751 | ) | (591,827 | ) | |||||||||
(1,909,141 | ) | (1,605,687 | ) | (536,751 | ) | (591,827 | ) | ||||||||||
可归因于以下各项的综合利润/(亏损)总额: |
|||||||||||||||||
非控制性权益 |
- | - | - | - | |||||||||||||
母公司的所有者 |
4,407,968 | (1,610,712 | ) | 2,509,653 | 27,776 | ||||||||||||
4,407,968 | (1,610,712 | ) | 2,509,653 | 27,776 | |||||||||||||
每股盈利/(亏损),以每股便士表示: |
|||||||||||||||||
基本的和稀释的(便士) |
注7 |
(1.20 | ) | (1.19 | ) | (0.34 | ) | (0.44 | ) |
CONDOR GOLD PLC
秃鹰黄金PLC
CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2022
简明综合财务状况表
截至2022年9月30日
30.09.22 unaudited £ |
31.12.21 audited £ |
30.09.21 unaudited £ |
||||||||||||
ASSETS: |
||||||||||||||
NON-CURRENT ASSETS |
||||||||||||||
Property, plant and equipment |
8,255,620 | 7,473,433 | 7,569,949 | |||||||||||
Intangible assets |
36,775,455 | 28,100,980 | 26,184,314 | |||||||||||
45,031,075 | 35,574,413 | 33,754,866 | ||||||||||||
CURRENT ASSETS |
||||||||||||||
Trade and other receivables |
902,260 | 775,693 | 588,439 | |||||||||||
Cash and cash equivalents |
570,638 | 2,072,046 | 554,449 | |||||||||||
1,472,898 | 2,847,739 | 1,142,888 | ||||||||||||
TOTAL ASSETS |
46,503,973 | 38,422,152 | 34,897,754 | |||||||||||
LIABILITIES: |
||||||||||||||
CURRENT LIABILITIES |
||||||||||||||
Trade and other payables |
239,869 | 248,176 | 59,473 | |||||||||||
TOTAL LIABILITIES |
239,869 | 248,176 | 59,473 | |||||||||||
NET CURRENT ASSETS |
1,233,029 | 2,599,563 | 1,083,415 | |||||||||||
NET ASSETS |
46,264,104 | 38,173,976 | 34,838,281 | |||||||||||
SHAREHOLDERS' EQUITY ATTRIBUTABLE TO OWNERS OF THE PARENT |
||||||||||||||
Called up share capital |
Note 8 | 31,725,906 | 29,326,143 | 26,983,286 | ||||||||||
Share premium |
43,455,783 | 42,528,627 | 40,858,206 | |||||||||||
Exchange difference reserve |
3,835,071 | (2,482,038 | ) | (2,367,126 | ) | |||||||||
Retained earnings |
(32,752,656 | ) | (31,198,756 | ) | (30,636,085 | ) | ||||||||
46,264,104 | 38,173,976 | 34,838,281 |
30.09.22 未经审计 £ |
31.12.21 已审核 £ |
30.09.21 未经审计 £ |
||||||||||||
资产: |
||||||||||||||
非流动资产 |
||||||||||||||
财产、厂房和设备 |
8,255,620 | 7,473,433 | 7,569,949 | |||||||||||
无形资产 |
36,775,455 | 28,100,980 | 26,184,314 | |||||||||||
45,031,075 | 35,574,413 | 33,754,866 | ||||||||||||
流动资产 |
||||||||||||||
贸易和其他应收款 |
902,260 | 775,693 | 588,439 | |||||||||||
现金和现金等价物 |
570,638 | 2,072,046 | 554,449 | |||||||||||
1,472,898 | 2,847,739 | 1,142,888 | ||||||||||||
总资产 |
46,503,973 | 38,422,152 | 34,897,754 | |||||||||||
负债: |
||||||||||||||
流动负债 |
||||||||||||||
贸易和其他应付款 |
239,869 | 248,176 | 59,473 | |||||||||||
总负债 |
239,869 | 248,176 | 59,473 | |||||||||||
流动资产净值 |
1,233,029 | 2,599,563 | 1,083,415 | |||||||||||
净资产 |
46,264,104 | 38,173,976 | 34,838,281 | |||||||||||
归属于母公司所有者的股东权益 |
||||||||||||||
催缴股本 |
注8 | 31,725,906 | 29,326,143 | 26,983,286 | ||||||||||
股票溢价 |
43,455,783 | 42,528,627 | 40,858,206 | |||||||||||
汇差准备金 |
3,835,071 | (2,482,038 | ) | (2,367,126 | ) | |||||||||
留存收益 |
(32,752,656 | ) | (31,198,756 | ) | (30,636,085 | ) | ||||||||
46,264,104 | 38,173,976 | 34,838,281 |
CONDOR GOLD PLC
CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
AS AT 30 SEPTEMBER 2022
秃鹰黄金PLC
简明综合权益变动表
截至2022年9月30日
Share capital £ |
Share premium £ |
Exchange difference reserve £ |
Retained earnings £ |
Total £ |
Non controlling interest £ |
Total equity £ |
||||||||||||||||||||||
At 1 January 2021 |
23,582,526 | 37,175,626 | (2,362,101 | ) | (29,381,952 | ) | 29,164,099 | - | 29,164,099 | |||||||||||||||||||
Comprehensive income: |
- | - | - | - | - | - | - | |||||||||||||||||||||
Loss for the period |
- | - | - | (1,605,687 | ) | (1,605,687 | ) | - | (1,605,687 | ) | ||||||||||||||||||
Other comprehensive income: |
||||||||||||||||||||||||||||
Currency translation differences |
- | - | (5,025 | ) | - | (5,025 | ) | - | (5,025 | ) | ||||||||||||||||||
Total comprehensive income |
- | - | (5,025 | ) | (1,605,687 | ) | (1,610,712 | ) | - | (1,610,712 | ) | |||||||||||||||||
New shares issued |
3,250,760 | 3,682,580 | - | - | 6,933,340 | - | 6,933,340 | |||||||||||||||||||||
Issue costs |
- | - | - | - | - | - | - | |||||||||||||||||||||
Share based payment |
- | - | - | 351,554 | 351,554 | - | 351,554 | |||||||||||||||||||||
At 30 September 2021 |
26,983,286 | 40,858,206 | (2,367,126 | ) | (30,636,085 | ) | 34,838,281 | - | 34,838,281 | |||||||||||||||||||
At 1 January 2022 |
29,326,143 | 42,528,627 | (2,482,038 | ) | (31,199,756 | ) | 38,173,976 | - | 38,173,976 | |||||||||||||||||||
Comprehensive income: |
- | - | - | - | - | - | - | |||||||||||||||||||||
Loss for the period |
- | - | - | (1,909,141 | ) | (1,909,141 | ) | - | (1,909,141 | ) | ||||||||||||||||||
Other comprehensive income: |
||||||||||||||||||||||||||||
Currency translation differences |
- | - | 6,317,109 | - | 6,317,109 | - | 6,317,109 | |||||||||||||||||||||
Total comprehensive income |
- | - | 6,317,109 | (1,909,141 | ) | 4,407,968 | - | 4,407,968 | ||||||||||||||||||||
New shares issued |
2,399,763 | 927,156 | - | - | 3,326,919 | - | 3,326,919 | |||||||||||||||||||||
Issue costs |
- | - | - | - | - | - | - | |||||||||||||||||||||
Share based payment |
- | - | - | 355,241 | 355,241 | - | 355,241 | |||||||||||||||||||||
At 30 September 2022 |
31,725,906 | 43,455,783 | 3,835,071 | (32,752,656 | ) | 46,264,104 | - | 46,264,104 |
股本 £ |
股票溢价 £ |
汇差准备金 £ |
留存收益 £ |
总计 £ |
非控制性权益 £ |
总股本 £ |
||||||||||||||||||||||
在2021年1月1日 |
23,582,526 | 37,175,626 | (2,362,101 | ) | (29,381,952 | ) | 29,164,099 | - | 29,164,099 | |||||||||||||||||||
综合收入: |
- | - | - | - | - | - | - | |||||||||||||||||||||
当期亏损 |
- | - | - | (1,605,687 | ) | (1,605,687 | ) | - | (1,605,687 | ) | ||||||||||||||||||
其他全面收入: |
||||||||||||||||||||||||||||
货币折算差异 |
- | - | (5,025 | ) | - | (5,025 | ) | - | (5,025 | ) | ||||||||||||||||||
综合收益总额 |
- | - | (5,025 | ) | (1,605,687 | ) | (1,610,712 | ) | - | (1,610,712 | ) | |||||||||||||||||
已发行新股 |
3,250,760 | 3,682,580 | - | - | 6,933,340 | - | 6,933,340 | |||||||||||||||||||||
发行成本 |
- | - | - | - | - | - | - | |||||||||||||||||||||
基于股份的支付 |
- | - | - | 351,554 | 351,554 | - | 351,554 | |||||||||||||||||||||
于2021年9月30日 |
26,983,286 | 40,858,206 | (2,367,126 | ) | (30,636,085 | ) | 34,838,281 | - | 34,838,281 | |||||||||||||||||||
在2022年1月1日 |
29,326,143 | 42,528,627 | (2,482,038 | ) | (31,199,756 | ) | 38,173,976 | - | 38,173,976 | |||||||||||||||||||
综合收入: |
- | - | - | - | - | - | - | |||||||||||||||||||||
当期亏损 |
- | - | - | (1,909,141 | ) | (1,909,141 | ) | - | (1,909,141 | ) | ||||||||||||||||||
其他全面收入: |
||||||||||||||||||||||||||||
货币折算差异 |
- | - | 6,317,109 | - | 6,317,109 | - | 6,317,109 | |||||||||||||||||||||
综合收益总额 |
- | - | 6,317,109 | (1,909,141 | ) | 4,407,968 | - | 4,407,968 | ||||||||||||||||||||
已发行新股 |
2,399,763 | 927,156 | - | - | 3,326,919 | - | 3,326,919 | |||||||||||||||||||||
发行成本 |
- | - | - | - | - | - | - | |||||||||||||||||||||
基于股份的支付 |
- | - | - | 355,241 | 355,241 | - | 355,241 | |||||||||||||||||||||
于2022年9月30日 |
31,725,906 | 43,455,783 | 3,835,071 | (32,752,656 | ) | 46,264,104 | - | 46,264,104 |
CONDOR GOLD PLC
CONDENSED CONSOLIDATED CASH FLOW STATEMENT
AS AT 30 SEPTEMBER 2022
秃鹰黄金PLC
简明合并现金流量表
截至2022年9月30日
Nine months
to 30.09.22
unaudited
£
|
Nine months
to 30.09.21
unaudited
£
|
|||||||
Cash flows from operating activities |
||||||||
Loss before tax |
(1,909,141 | ) | (1,605,687 | ) | ||||
Share based payment |
355,241 | 351,554 | ||||||
Depreciation charges |
51,377 | - | ||||||
Finance income |
(4,025 | ) | - | |||||
(1,506,548 | ) | (1,254,133 | ) | |||||
(Increase)/decrease in trade and other receivables |
(126,567 | ) | (474,030 | ) | ||||
Increase/(decrease) in trade and other payables |
(8,307 | ) | (206,939 | ) | ||||
Net cash absorbed in operating activities |
(1,641,422 | ) | (1,935,102 | ) | ||||
Cash flows from investing activities |
||||||||
Purchase of intangible fixed assets |
(3,089,766 | ) | (4,344,306 | ) | ||||
Purchase of tangible fixed assets |
(230,438 | ) | (4,506,964 | ) | ||||
Interest received |
4,025 | - | ||||||
Net cash absorbed in investing activities |
(3,316,179 | ) | (8,851,270 | ) | ||||
Cash flows from financing activities |
||||||||
Net proceeds from share issue |
3,326,919 | 6,933,340 | ||||||
Net cash generated in financing activities |
3,326,919 | 6,933,340 | ||||||
Increase / (decrease) in cash and cash equivalents |
(1,630,682 | ) | (3,853,032 | ) | ||||
Cash and cash equivalents at beginning of period |
2,072,046 | 4,159,391 | ||||||
Exchange losses on cash and bank |
129,274 | 248,090 | ||||||
Cash and cash equivalents at end of period |
570,638 | 554,449 |
九个月
至30.09.22
未经审计
£
|
九个月
至30.09.21
未经审计
£
|
|||||||
经营活动的现金流 |
||||||||
税前亏损 |
(1,909,141 | ) | (1,605,687 | ) | ||||
基于股份的支付 |
355,241 | 351,554 | ||||||
折旧费 |
51,377 | - | ||||||
财政收入 |
(4,025 | ) | - | |||||
(1,506,548 | ) | (1,254,133 | ) | |||||
(增加)/减少贸易和其他应收款 |
(126,567 | ) | (474,030 | ) | ||||
增加/(减少)贸易和其他应付款项 |
(8,307 | ) | (206,939 | ) | ||||
经营活动中吸收的现金净额 |
(1,641,422 | ) | (1,935,102 | ) | ||||
投资活动产生的现金流 |
||||||||
购买无形固定资产 |
(3,089,766 | ) | (4,344,306 | ) | ||||
购置有形固定资产 |
(230,438 | ) | (4,506,964 | ) | ||||
收到的利息 |
4,025 | - | ||||||
投资活动中吸收的现金净额 |
(3,316,179 | ) | (8,851,270 | ) | ||||
融资活动产生的现金流 |
||||||||
股票发行净收益 |
3,326,919 | 6,933,340 | ||||||
融资活动产生的现金净额 |
3,326,919 | 6,933,340 | ||||||
增加/(减少)现金和现金等价物 |
(1,630,682 | ) | (3,853,032 | ) | ||||
期初现金及现金等价物 |
2,072,046 | 4,159,391 | ||||||
现金和银行汇兑损失 |
129,274 | 248,090 | ||||||
期末现金及现金等价物 |
570,638 | 554,449 |
Capital Commitments
资本承诺
The Company has capital commitments of $300,000 due to First Majestic Silver.
由于First Majestic Silver,该公司有30万美元的资本承诺。
- Ends -
-结束-
For further information please visit or contact:
欲了解更多信息,请访问或联系:
Condor Gold plc |
Mark Child, CEO +44 (0) 20 7493 2784 |
Beaumont Cornish Limited | Roland Cornish and James Biddle +44 (0) 20 7628 3396 |
SP Angel Corporate Finance LLP | Ewan Leggat +44 (0) 20 3470 0470 |
H&P Advisory Limited | Andrew Chubb and Nilesh Patel +44 207 907 8500 |
Adelaide Capital (Investor Relations) |
Deborah Honing +1-647-203-8793 |
秃鹰黄金公司 |
首席执行官马克·蔡尔德 +44 (0) 20 7493 2784 |
博蒙特康尼什有限公司 | 罗兰·科尼什和詹姆斯·比德尔 +44 (0) 20 7628 3396 |
SP Angel Corporation Finance LLP | 伊万·莱格特 +44 (0) 20 3470 0470 |
惠普咨询有限公司 | 安德鲁·丘布和尼莱什·帕特尔 +44 207 907 8500 |
阿德莱德资本 (投资者关系) |
黛博拉珩磨 +1-647-203-8793 |
About Condor Gold plc:
关于秃鹰黄金公司:
Condor Gold plc was admitted to AIM in May 2006 and dual listed on the TSX in January 2018. The Company is a gold exploration and development company with a focus on Nicaragua.
秃鹰黄金公司于2006年5月获准进入AIM,并于2018年1月在多伦多证交所双重上市。该公司是一家专注于尼加拉瓜的金矿勘探开发公司。
The 2022 Feasibility Study (2020 FS) ws filed on SEDAR on 26 October 2022 and replaces the previously reported Preliminary Economic Assessment ("PEA") as presented in the Technical Report filed on SEDAR in October 2021 as the current technical report for the La India project.
2022年可行性研究(2020 FS)于2022年10月26日提交给SEDAR,取代了2021年10月提交的SEDAR技术报告中先前报告的初步经济评估(PEA),作为La India项目的当前技术报告。
The 2021 PEA considered the expanded Project inclusive of the exploitation of the Mineral Resources associated to the La India, Mestiza, America and Central Breccia deposits. The strategic study covers two scenarios: Scenario A, in which the mining is undertaken from four open pits, termed La India, America, Mestiza and Central Breccia Zone ("CBZ"), which targets a plant feed rate of 1.225 million tonnes per annum ("Mtpa"); and Scenario B, where the mining is extended to include three underground operations at La India, America and Mestiza, in which the processing rate is increased to 1.4 Mtpa. The 2021 PEA Scenario B presented a post-tax, post upfront capital expenditure NPV of US$418 million, with an IRR of 54% and 12 month pay-back period, assuming a US$1,700 per oz gold price, with average annual production of 150,000 oz gold per annum for the initial 9 years of gold production. The open pit mine schedules were optimised from designed pits, bringing higher grade gold forward resulting in average annual production of 157,000 oz gold in the first 2 years from open pit material and underground mining funded out of cashflow. The 2021 PEA Scenario A presented a post-tax, post upfront capital expenditure NPV of US$302 million, with an IRR of 58% and 12 month pay-back period, assuming a US$1,700 per oz gold price, with average annual production of approximately 120,000 oz gold per annum for the initial 6 years of gold production.
2021年PEA审议了扩大后的项目,包括与La India、Mstiza、America和Central Breccia矿藏相关的矿物资源的开采。战略研究涵盖两种情景:情景A中,采矿从四个露天矿场进行,分别称为La India、America、Mstiza和Central Breccia Zone(“CBZ”),其目标是工厂饲料年产量为122.5万吨/年;情景B中,采矿扩大到包括La India、America和Mestiza的三个地下作业,加工率提高到1.4Mtpa。2021年PEA情景B提出的税后、前期资本支出净现值为4.18亿美元,内部回报率为54%,回收期为12个月,假设黄金价格为每盎司1,700美元,在最初9年的黄金生产中,平均年产量为150,000盎司黄金。露天矿开采计划根据设计的矿场进行了优化,将较高品位的黄金提前,导致头两年露天矿原料和地下采矿的平均年产量为157,000盎司黄金,资金来自现金流。2021年PEA情景A提出的税后前期资本支出净现值为3.02亿美元,内部回报率为58%,回收期为12个月,假设黄金价格为每盎司1,700美元,黄金生产最初6年的平均年产量约为120,000盎司黄金。
The Mineral Resource estimate and associated Preliminary Economic Assessment contained in the 2021 PEA are considered a historical estimate within the meaning of NI 43-101, a qualified person has not done sufficient work to classify such historical estimate as current, and the Company is not treating the historical Mineral Resource estimate and associated studies as current, and the reader is cautioned not to rely upon this data as such. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. The Company believes that the historical Mineral Resource estimate and Preliminary Economic assessment is relevant to the continuing development of the La India Project.
2021年PEA所载的矿产资源估计及相关初步经济评估被视为NI 43-101所指的历史估计,合资格人士未做足够工作以将该等历史估计归类为当前估计,而本公司亦不会将历史矿产资源估计及相关研究视为当前估计,并告诫读者切勿依赖该等数据。不属于矿产储备的矿产资源没有显示出经济可行性。本公司相信,历史矿产资源评估及初步经济评估与La India项目的持续发展相关。
In August 2018, the Company announced that the Ministry of the Environment in Nicaragua had granted the Environmental Permit ("EP") for the development, construction and operation of a processing plant with capacity to process up to 2,800 tonnes per day at its wholly-owned La India gold Project ("La India Project"). The EP is considered the master permit for mining operations in Nicaragua.
2018年8月,该公司宣布,尼加拉瓜环境部已向其全资拥有的La India金矿项目(“La India项目”)发放了环境许可证,允许其开发、建设和运营日处理能力高达2,800吨的加工厂。EP被认为是尼加拉瓜采矿作业的总许可证。
Environmental Permits were granted in April and May 2020 for the Mestiza and America open pits respectively, both located close to La India. The Mestiza open pit hosts 92 Kt at a grade of 12.1 g/t gold (36,000 oz contained gold) in the Indicated Mineral Resource category and 341 Kt at a grade of 7.7 g/t gold (85,000 oz contained gold) in the Inferred Mineral Resource category. The America open pit hosts 114 Kt at a grade of 8.1 g/t gold (30,000 oz) in the Indicated Mineral Resource category and 677 Kt at a grade of 3.1 g/t gold (67,000 oz) in the Inferred Mineral Resource category. Following the permitting of the Mestiza and America open pits, together with the La India Open Pit Condor has 1.12 M oz gold open pit Mineral Resources permitted for extraction.
梅斯蒂扎和美国露天矿场分别于2020年4月和5月获得了环境许可证,这两个矿场都位于印度拉辛那州附近。在指示矿产资源类别中,Mstiza露天矿的黄金品位为12.1g/t(36,000盎司),储量为92千吨;在推断矿产资源类别中,储量为341千吨,品位为7.7克/吨黄金(85,000盎司黄金)。美国露天矿的指示矿产资源类别拥有114千吨黄金品位8.1g/吨(30,000盎司),推断矿产资源类别拥有677千吨黄金品位3.1克/吨(67,000盎司)。在Mstiza露天矿和America露天矿获得许可后,连同La India露天矿秃鹰,允许开采1.12亿盎司的黄金露天矿产资源。
Disclaimer
免责
Neither the contents of the Company's website nor the contents of any website accessible from hyperlinks on the Company's website (or any other website) is incorporated into, or forms part of, this announcement.
本公告既不包含本公司网站的内容,也不包含可通过本公司网站(或任何其他网站)的超链接访问的任何网站的内容。
Qualified Persons
合格人员
The technical and scientific information in this press release has been reviewed, verified and approved by Andrew Cheatle, P.Geo., a director of Condor Gold plc, and Gerald D. Crawford, P.E., the Chief Technical Officer of Condor Gold plc, each of whom is a "qualified person" as defined by NI 43-101.
本新闻稿中的技术和科学信息已由秃鹰黄金公司的董事主管安德鲁·齐特尔和秃鹰黄金公司的首席技术官杰拉尔德·D·克劳福德进行审查、核实和批准,两人均为NI 43-101定义的“合格人员”。
Technical Information
技术信息
Certain disclosure contained in this news release of a scientific or technical nature has been reviewed by the Qualified Persons responsible for their respective components of the 2022 FS as defined below:
本新闻稿中包含的某些科学或技术性质的披露已由负责其各自组成部分的合格人员进行了审查,定义如下:
- On behalf of SRK: Dr Tim Lucks of SRK Consulting (UK) Limited, Mr Fernando Rodrigues and Mr Ben Parsons of SRK Consulting (U.S.) Inc., Mr Parsons assumes responsibility for the Mineral Resource Estimate, Mr Fernando Rodrigues for the Mineral Reserve estimate and the open pit mining study and production schedule, and Dr Lucks for the oversight of the remaining SRK technical disciplines.
- On behalf of Hanlon: Mike Rockandel for the Process design and Project Infrastructure and corresponding operating and capital costs.
- On Behalf of Tierra Group: Justin Knudsen P.E. for the tailings waste management and La Simona water attenuation structure design.
- 代表SRK的:SRK咨询(英国)有限公司的Tim Lucks博士、SRK咨询(美国)的Fernando Rodrigues先生和Ben Parsons先生Parsons先生负责矿产资源估算,Fernando Rodrigues先生负责矿产储量估算和露天采矿研究及生产计划,Lucks博士负责监督SRK剩余的技术规程。
- 代表汉龙:Mike·罗坎德尔负责工艺设计和项目基础设施以及相应的运营和资本成本。
- 代表火地岛集团:Justin Knudsen P.E.负责尾矿废物管理和La Simona水衰减结构设计。
Forward Looking Statements
前瞻性陈述
All statements in this press release, other than statements of historical fact, are 'forward-looking information' with respect to the Company within the meaning of applicable securities laws, including, but not limited to, statements with respect to: the use of proceeds of the offering; the impact of a Feasibility Study on, including investor confidence in, the Project; the ability of the Company to access future financing; the ongoing mining dilution and pit optimisation studies, and the incorporation of same into any mining production schedule, future development and production plans at La India Project. Forward-looking information is often, but not always, identified by the use of words such as: "seek", "anticipate", "plan", "continue", "strategies", "estimate", "expect", "Project", "predict", "potential", "targeting", "intends", "believe", "potential", "could", "might", "will" and similar expressions. Forward-looking information is not a guarantee of future performance and is based upon a number of estimates and assumptions of management at the date the statements are made including, among others, assumptions regarding: future commodity prices and royalty regimes; availability of skilled labour; timing and amount of capital expenditures; future currency exchange and interest rates; the impact of increasing competition; general conditions in economic and financial markets; availability of drilling and related equipment; effects of regulation by governmental agencies; the receipt of required permits; royalty rates; future tax rates; future operating costs; availability of future sources of funding; ability to obtain financing and assumptions underlying estimates related to adjusted funds from operations. Many assumptions are based on factors and events that are not within the control of the Company and there is no assurance they will prove to be correct.
除有关历史事实的陈述外,本新闻稿中的所有陈述均为适用证券法所指的有关公司的“前瞻性信息”,包括但不限于以下陈述:发售所得资金的使用;可行性研究对项目的影响,包括投资者对项目的信心;公司获得未来融资的能力;正在进行的采矿稀释和矿坑优化研究,以及将其纳入La India Project的任何采矿生产计划、未来开发和生产计划的情况。前瞻性信息常常但不总是通过使用下列词语来确定:“寻求”、“预期”、“计划”、“继续”、“战略”、“估计”、“预期”、“项目”、“预测”、“潜在”、“目标”、“打算”、“相信”、“潜在”、“可能”、“可能”、“将”和类似的表述。前瞻性信息并不是对未来业绩的保证,所依据的是在作出陈述之日管理层的一系列估计和假设,其中包括但不限于:未来商品价格和特许权使用费制度;可用的熟练劳动力;资本支出的时间和金额;未来的货币汇率和利率;竞争加剧的影响;经济和金融市场的总体状况;钻井和相关设备的可用性;政府机构监管的影响;所需许可证的接收;特许权使用费费率;未来的税率;未来的资金来源;从运营中获得融资的能力和与调整后的资金相关的基本估计。许多假设都基于不在公司控制范围内的因素和事件,不能保证它们将被证明是正确的。
Such forward-looking information involves known and unknown risks, which may cause the actual results to be materially different from any future results expressed or implied by such forward-looking information, including, risks related to: mineral exploration, development and operating risks; estimation of mineralisation and resources; environmental, health and safety regulations of the resource industry; competitive conditions; operational risks; liquidity and financing risks; funding risk; exploration costs; uninsurable risks; conflicts of interest; risks of operating in Nicaragua; government policy changes; ownership risks; permitting and licencing risks; artisanal miners and community relations; difficulty in enforcement of judgments; market conditions; stress in the global economy; current global financial condition; exchange rate and currency risks; commodity prices; reliance on key personnel; dilution risk; payment of dividends; as well as those factors discussed under the heading "Risk Factors" in the Company's annual information form for the fiscal year ended December 31, 2020 dated March 31, 2021 and available under the Company's SEDAR profile at .
此类前瞻性信息涉及已知和未知风险,可能导致实际结果与此类前瞻性信息明示或暗示的任何未来结果大相径庭,这些风险包括:矿产勘探、开发和经营风险;矿化和资源的估计;资源行业的环境、健康和安全条例;竞争条件;经营风险;流动性和融资风险;资金风险;勘探成本;无法投保的风险;利益冲突;在尼加拉瓜经营的风险;政府政策变化;所有权风险;许可和许可风险;个体矿工和社区关系;执行判决的困难;市场状况;全球经济的压力;当前的全球财务状况;汇率和货币风险;大宗商品价格;对关键人员的依赖;稀释风险;股息的支付;以及在截至2021年3月31日的公司年度信息表中“风险因素”标题下讨论的因素,可在公司的SEDAR简介中查阅。
Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.
尽管公司试图找出可能导致实际行动、事件或结果与前瞻性信息中描述的大不相同的重要因素,但可能还有其他因素导致行动、事件或结果与预期、估计或预期的不同。不能保证这些信息将被证明是准确的,因为实际结果和未来事件可能与这类声明中预期的大不相同。除非法律要求,否则公司不会因为新信息、未来事件或其他原因而更新或修改任何前瞻性信息,也不承担任何义务。
SOURCE: Condor Gold plc
资料来源:秃鹰黄金公司