Mr. Lyle Davis reports

DRILLING COMMENCED AT CONDOR'S OCROS PROJECT, ANCASH, PERU

Condor Resources Inc. optionee Compania Minera Virgen de la Merced SAC (Merced) has commenced drilling operations at the Ocros project.

Further to the company's news release of May 17, 2017, Merced has the option to earn a 70-per-cent interest in Ocros over four years by completing 10,000 metres of drilling and making cash payments totalling $550,000 (U.S.). Merced is a private Peruvian company and the owner of the mineral concessions adjacent and to the south of Ocros, where Merced has a small mining operation.

The objective of the drill program is to test the continuity of the copper porphyry mineralization over an approximate area of 1.5 square kilometres centred around the adits of the historical Eldorado mine, where the mineralization has been confirmed by systematic sampling on two levels and over 325 metres on each level (refer to July 7, 2015, news release). Merced is required to complete a minimum 2,000 metres of drilling over the next year.

We seek Safe Harbor.