Mr. Lyle Davis reports

CONDOR RESOURCES INC.: COPPER-RICH POTASSIC CORE RECOGNIZED AT OCROS PROJECT, CENTRAL PERU

Condor Resources Inc. has provided a project update and released results from a recent sampling program at its Ocros property, located in the Ancash department in Peru.

An abandoned adit dating from mining activities that likely occurred in the 1950s on the eastern edge of the company's Ocros concessions was recently reopened by an independent operator seeking access to high-grade direct shipping ore. The adit rehabilitation and opening were conducted without the permission of the company, or cost to the company. The adit, referred to locally as the Eldorado mine adit, is over one kilometre east and about 300 metres lower in elevation than the nearest of seven drill holes completed by the company in 2007 and 2008. The closest 2007 drill hole (OCR-001) was drilled to a depth of 400 metres and reported 251 metres of 0.15 per cent copper from 150 metres to 400 metres, which included 54 metres of 0.41 per cent copper at the bottom of the hole.

In late August, after discovering the activity by the independent operator, company geologists entered the adit and collected 18 representative two-metre-long horizontal rock-chip samples from the adit wall over a horizontal distance along the adit of about 300 metres. The well-exposed rock in the adit is characterized as feldspar-hornblende-porphyry, with strong potassic alteration throughout, and mineralization in the form of disseminated chalcopyrite-bornite, as well as chalcopyrite and bornite in sulphide vein stockwork and quartz veins. Native copper is also observed in the samples. Copper assays from the 18 samples ranged from 0.01 per cent to 4.72 per cent, with an average of 0.99 per cent, and included anomalous gold and silver.

Ever Marquez, Condor's vice-president, exploration, commented: "The 2007 and 2008 drilling program confirmed the presence of a porphyry system, with a large alteration halo. The opportunity to now observe and sample the newly exposed underground workings has demonstrated that the Ocros system has a copper-rich potassic core to a porphyry copper system that was not discovered with our original drill program and encourages us to further explore this large system."

This new information from the old underground workings indicates that the centre of copper-enriched porphyry system is located farther to the east and at a lower elevation than the area tested by Condor's initial drill program. Further detailed sampling of the adit is currently planned with the objective of defining new drill targets to test from surface or within the adit. The attached table summarizes the results from each of the two-metre-long chip samples summarized in this release.

       OCROS -- SUMMARY OF SAMPLE 
       RESULTS FROM HISTORIC ADIT 

Sample                                                                      
location                                
(metres from     Copper    Gold   Silver   
adit entrance)      (%)    (ppm)    (ppm)

35                0.46     less        2      
                           than                    
                           0.01 
65                1.89     0.01       24        
80                0.10     less        1   
                           than                   
                           0.01
90                0.02     less     less   
                           than   than 1       
                           0.01
105               0.07     0.01        1              
125               0.04     less     less      
                           than   than 1           
                           0.01 
170               3.68     1.83       25
190               4.72     0.08       45
241               0.50     0.04        3
244               1.05     0.22        6              
250               0.07     less     less      
                           than   than 1                
                           0.01 
250               0.68     0.06        4             
253               3.71     0.04       45            
280               0.17     less        2      
                           than 
                           0.01 
300               0.46     0.01        3    
315               0.02     less     less      
                           than   than 1                        
                           0.01   
315               0.01     less     less     
                           than   than 1                  
                           0.01  
330               0.15     less     less      
                           than   than 1                   
                           0.01  
Average           0.99     0.13       12                                    

A short photo and map summary on the Ocros project is available on the company's website.

Condor currently has two of its properties under active exploration by third parties and looks forward to a steady flow of results from these programs. In addition, the company is actively seeking partners on its other projects, and is reviewing new opportunities identified by its Lima-based exploration team.

Dr. Richard Culbert is the qualified person under National Instrument 43-101 who has approved the technical content of this news release.

We seek Safe Harbor.