Mr. Lyle Davis reports

CONDOR RECEIVES US$1MILLON PAYMENT ON SOLEDAD PROJECT

Condor Resources Inc. has received the June 23, 2023, payment from Chakana Copper Corp. pursuant to Chakana's option to acquire a 100-per-cent interest in the company's Soledad concessions in Peru. Under the terms of the agreement with Chakana, payment consisted of $1-million (U.S.) cash and 1.379 million Chakana shares.

Lyle Davis, Condor president, commented: "Chakana's technical execution at Soledad has been excellent and we believe that Chakana's exploration programs have the potential to add significant value to the project. Condor is a significant and supportive shareholder of Chakana."

About Condor Resources Inc.

Condor is an active explorer focused exclusively on Peru, supplemented by a project generator and royalty model designed to generate exploration capital whilst minimizing shareholder dilution. Its objective in advancing the company's portfolio of projects is the discovery of a major new precious metals or base metals deposit in Peru. Project acquisition and exploration activities are managed by the company's Lima-based exploration team.

We seek Safe Harbor.