Condor Gold Plc announced a significant drill intercept of 25.93m (14.9m true width) at 3.94g/t gold from 263.82m, including 4.58m (2.6m true width) at 7.76g/t gold from 282.12m drill depth in drill hole CCDC033 at the Cacao Prospect. This is the best drilling intercept returned to-date from the Cacao Prospect. This assay result supports the geological model that Cacao is a fully preserved, deep-seated epithermal gold mineralisation system, with the potential to host a significant gold deposit. Cacao is located approximately 4 km from the planned processing plant at Condor's fully permitted La India gold mine and is being assessed as a potential satellite deposit. The Cacao Prospect hosts an Inferred Mineral Resource of 662 Kt at 2.8 g/t gold for 60,000 oz gold based on 2,890m of drilling completed prior to 2018. Cacao at surface is an east-west-striking ridge of chalcedonic phreatic breccia, 10 to 50 m wide, approximately 600 m of strike length has been demonstrated to date. Cacao is open at depth and along strike in both directions. The vein width is comparable to the best intersections at La India vein. Structurally controlled ore shoots, as at La India, are to be expected in this major dilational vein. The Cacao to Santa Barbara gold mineralised structure has an interpreted strike length of approximately 4,000m. The objective of the current 5,000m drill programme is to test a strike length of an additional 2,500m, test the depth extension and increase the Mineral Resource. The significant gold intercept in drill hole CCDC033 is located directly below (down-dip) from one of two higher-grade gold mineralised zones identified at surface in previous shallow depth drilling campaigns. The transition from near surface sinters to well developed banded quartz veins, and the associated increase in gold grade that is observed with increased depth fully supports the model that the surface mineralisation at Cacao lies above a fully preserved epithermal system. The interpreted hydrothermal boiling-related 'bonanza' gold grades at Cacao have been interpreted to only occur at depth, typically a minimum of a hundred meters below the sinter. The high-grade gold intercept returned from drill hole CCRD033 at approximately 260 m below surface is potentially the top of the 'bonanza zone' that occurs in many epithermal gold mineralised systems. Further details on drill hole CCDC033 are that it intercepted three distinct higher-grade intervals within a wide tectonically brecciated mineralised zone. The high grade occurs where the matrix of the original fault brecciated quartz vein has been filled by secondary banded quartz, rather than fault gouge clay and sand which infills the breccia in the lower grade parts of the structure. The gold mineralisation in CCDC033 occurs at the deepest level drill-tested to-date; approximately 260 m below surface which represents a 50 m down-dip extension of the gold mineralisation.