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Message: NEWS -82% Copper- ELEPHANT SIZE POTENTIAL

NEWS -82% Copper- ELEPHANT SIZE POTENTIAL

posted on Oct 30, 2007 04:38AM

Here is a start to more news releases to come:

Condor Resources Inc.

October 29, 2007 - 01:05:47 PM

Sampling on Condor's Ocros Property Confirms Porphyry Copper Target-Drill
Mobilized


VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 29, 2007) - Condor Resources
Inc. - ("Condor" or the "Company") (TSX VENTURE:CN) is pleased to announce
that it has received assay results from its recently completed follow-up
stream sediment, soil and rock sampling program (See October 3 News Release)
from its Ocros porphyry copper project located 180 km north of Lima, Peru.

The Ocros property covers a classic structurally-controlled porphyry copper
system measuring 3.5 km N-S, by 2.5 km E-W, emplaced within Tertiary andesites
intruded by two younger mineralized bodies - a hornblende-feldspar porphyry
and a quartz-feldspar porphyry. Both intrusives exhibit widespread quartz-vein
stockworks, intense quartz-sericite alteration and are extensively
copper-mineralized. In addition, the intrusives are accompanied by anomalous
Au-Ag-Pb-Zn values over a surface area covering 2000 m by 1000 m and a
vertical extent of at least 700 m.

A total of 376 rock samples have been collected on the Ocros property, along
with 86 soil samples from covered areas void of outcrop and 5 stream sediment
samples. Of the 376 rock samples, 308 (82%) returned values in excess of 100
ppm Cu, considered anomalous. Included within this total are 159 samples (42%)
ranging from 100 ppm to 499 ppm Cu, 56 samples (15%) ranging from 500 ppm to
999 ppm Cu, 72 samples (19%) returned grades ranging from 0.1 to 0.99% Cu, and
21 samples assayed from 1% to 7.29% Cu. A total of six of the highest copper
grades were obtained from the basal copper veins peripheral to the main 2 sq
km copper-rich porphyry target.

The results of the recent sampling program thus confirm the presence of the
porphyry copper target on the Ocros property.

The previously announced (See October 3 News Release) Phase I drill program
will comprise eight strategically-located diamond drill holes totaling
approximately 3000 m to test the continuity of the highly anomalous surface
copper mineralization at depth.

A secondary dirt road passes over the centre of the Ocros drill target, and as
a result, very little road-building is required. Condor's field crew and a
bulldozer are currently being mobilized onto the Ocros property, with drilling
scheduled to commence by November 10, 2007. Condor's Qualified Person, Dr.
Richard Culbert, PhD, P.Eng., is currently en route to the project and will be
present for the start-up of drilling and overseeing standard procedures for
quality assurance and quality control over the sampling program. All
permitting has been completed, and the nearby community has given Condor its
full support.

Condor management believes that the Ocros property exhibits significant
potential to host an "elephant-sized" copper and precious metals deposit.

Condor Resources Inc. was incorporated in 2003 by field exploration
specialists focused on the generation of copper and gold projects in South
America, where management has extensive experience and a proven track record
of discovery. The Company's long-term business plan offers shareholders access
to a growing portfolio of properties, comprising six 100% owned projects in
Chile, two projects in Argentina and three in Peru, each providing a unique
path to discovery.

Patrick J. Burns, President & Chief Executive Officer

Forward-Looking Statements: Statements in this release that are
forward-looking statements are subject to various risks and uncertainties
concerning the specific factors disclosed under the heading "Risk Factors" and
elsewhere in the Company's periodic filings with Canadian securities
regulatory authorities. Such information contained herein represents
management's best judgment as of the date hereof based on information
currently available. The Company does not assume the obligation to update any
forward-looking statement. Dr. Richard Culbert, P.Eng., is the Qualified
Person for the Company as required by NI 43-101 and has reviewed the contents
of this news release.

Shares Outstanding: 21,765,389


FOR FURTHER INFORMATION PLEASE CONTACT:

Condor Resources Inc. Bernie Kennedy Toll Free: 1-877-489-4440

Condor Resources Inc. Saf Dhillon (604) 484-2015 Email:
[email protected] Website: www.condorresources.com

 

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