CONDOR GOLD PLC

Condor Gold plc was admitted to AIM on 31st May 2006. It is also listed in Canada on the TSX and is cross-traded in the U.S. on the OTCQX Best Market under the symbol CNDGF. The Company is a gold exploration and development company with a focus on Nicaragua in Central America. At 14th November 2014 La India Project’s NI 43-101 compliant mineral resource stood at 18.1Mt at 4.0g/t for 2.32M oz gold and 2.66M oz silver at 6g/t, comprising an indicated mineral resource of 9.6Mt at 3.5g/t for 1.08M oz gold and an inferred mineral resource of 8.5Mt at 4.5g/t for 1.23M oz gold. This includes total open pit indicated and inferred mineral resources of 1.06M oz gold at 3.0g/t. A pre-feasibility study on open pit mining on the principal La India Vein has defined a probable open pit mineral reserve of 6.9Mt at 3.0g/t gold for 675k oz gold and 5g/t silver for 1.185M oz silver. In addition to the La India Resource, 87k oz gold on the Rio Luna Resource takes Condor's total resource to 2.39M oz gold in Nicaragua to CIM standards. Condor's management team have extensive experience in mineral exploration, project development and project financing, ensuring that the Company has the best possible opportunity to achieve exploration success and take La India Project through to a bankable feasibility study.