Mariana Resources - Condor de Oro Gold/Copper Project Peru - Drill Rig Mobilised

Mariana Resources Ltd (�Mariana� or �the Company�), the AIM quoted exploration and development company focused in Peru and southern Argentina, is pleased to announce the initial drilling program at Condor de Oro gold/copper project in Northern Peru is set to commence following successful mobilisation of the drill rig.

Exploraciones Aguila Dorada S.A.C. (EAD) in September 2013 received ministerial approval for initiation of exploration activities, including up to 20 drill holes, on three of EAD�s twelve concessions at the Condor de Oro project.  Condor Resources Inc. (�Condor�) has an option to acquire 85% of the issued shares of EAD, and in turn, Condor has granted Mariana an option to acquire 60% of Condor�s interest, being an overall 51% interest. The three concessions for which EAD has been granted a drill permit pertain to the Area 1 option between Condor and Mariana.

Mariana is assisting EAD in the drill program under the terms of the option agreement with Condor.

Objectives of this campaign:

�         To provide an initial test of mineralisation within the Pucayacu target

�         Complete the committed 1,500 metre drill program under the option agreement

The 2 x 2km Pucayacu target area is potentially a large gold-copper system hosted by quartz-feldspar porphyry.  Previous geological mapping, geochemistry and airborne magnetics resulted in strong gold and multi-element anomalies in rocks, soils and stream sediments coinciding with intense hydrothermal alteration and prominent magnetic lows.  Outcropping mineralisation consists of limonite, pyrite and copper sulphides as disseminations, stockworks and veinlets. 

Chief Executive Officer, Glen Parsons commented, �We are extremely pleased to be able to finally drill test this large altered intrusive related system which displays strong anomalous surface mineralisation with coincident magnetic lows.  Results over the next few months will be telling for Mariana as we explore this potential company changer.�

**ENDS**

For further information please visit website at www.marianaresources.com or contact the following.

Competent Person

John Horsburgh, Non Executive Chairman is a Competent Person as defined by various international instruments and takes responsibility for the release of this information which is based on a review of technical information published on Condor Resources website.

About Mariana Resources

Mariana Resources Ltd is an AIM quoted exploration and development company with an extensive portfolio of gold, silver and copper projects in South America. In Peru, Mariana has an option to earn a 51% interest in highly prospective copper-gold and copper silver porphyry targets in the Cordillera del Condor of northern Peru as well as an option to earn a 70% interest in the Soledad copper-gold and silver project in Central Peru. In southern Argentina, the Company's core gold-silver projects are Las Calandrias (100%), Sierra Blanca (100%), Los Cisnes (100%), Bozal (100%) and Los Amigos JV (30%). These projects are part of a 200,000+ Ha land package in the Deseado Massif epithermal gold-silver district in mining-friendly Santa Cruz Province.

About Condor Resources Inc.

Condor Resources Inc. was incorporated in 2003 by field exploration specialists focused on the generation of precious and base metals projects in South America, where management has extensive experience and a proven track record. The Company�s long term objective is the discovery of a major precious/base metals deposit through its portfolio of properties in Peru and Chile.

Safe Harbour

This press release contains certain statements which may be deemed to be forward-looking statements.  These forward-looking statements are made as at the date of this press release and include, without limitation, statements regarding discussions of future plans, the realization, cost, timing and extent of mineral resource estimates, estimated future exploration expenditures, costs and timing of the development of new deposits, success of exploration activities, permitting time lines, and requirements for additional capital.  The words �plans�, �expects�, �budget�, �scheduled�, �estimate�, �forecasts�, �intend�, �anticipate�, �believe�, �may�, �will�, or similar expressions or variations of such words are intended to identify forward-looking statements.  Forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause actual results to vary materially from those expressed or implied by such forward-looking statements, including, but not limited to: the effects of general economic conditions; the price of gold, silver and copper; misjudgements in the course of preparing forward-looking statements; risks associated with international operations; the need for additional financing; risks inherent in exploration results; conclusions of economic evaluations; changes in project parameters; currency and commodity price fluctuations; title matters; environmental liability claims; unanticipated operational risks; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or in the completion of development or construction activities; political risk; and other risks and uncertainties described in the Company�s annual financial statements for the most recently completed financial year which is available on the Company�s website at www.marianaresources.com .  Although we believe that the expectations reflected in such forward-looking statements are based upon reasonable assumptions and have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended.  There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such forward-looking statements.  Accordingly, readers are cautioned not to place undue reliance on forward-looking statements.  We do not undertake to update any forward-looking statements, except in accordance with applicable securities laws.