Condor Resources Inc.

Published : September 22nd, 2009

Field Crews Mobilized to Condor de Oro

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Keywords :   Chile | Copper | Ecuador | Gold | Molybdenum | Peru | Silver |
=======================================================================
Re:   News Releases - Tuesday, September 22, 2009
      Field Crews Mobilized to Condor de Oro
=======================================================================

Vancouver, B.C., September 22, 2009, Condor Resources Inc. ("Condor" or
the "Company") is pleased to announce that field exploration crews have
been mobilized to the Company's Condor de Oro property in northern
Peru.

The Condor de Oro project covers an area of 82.38 sq km within the
Cordillera Del Condor, one of the most significant newly emerging and
under explored gold and copper belts remaining in the world. Placer
gold has been mined from alluvial deposits in this belt on both sides
of the border between Ecuador and Peru since pre-Incan time.  Condor
has agreed to purchase an 85% interest in the Condor de Oro Property.

Condor's follow up program is designed to prepare for drilling on the
large Pucayacu gold and base metals target, where combined geochemical
and airborne geophysical surveys have outlined coincident anomalies
covering an area of 4 sq km within a coarse-grained Tertiary quartz-eye
porphyry intrusive cutting Jurassic andesites.  The target remains open
to the north and south.  Historically, placer gold has been mined from
several of the creeks draining this anomaly.  Details of past
exploration were reported in a Condor news release dated March 3, 2009.
 The earlier geochemical program returned peak values of 13.2 g/t Au in
rock chip samples, values as high as 8.20 g/t, 11.95 g/t and 16 g/t Au
from rock float, and soil samples with peak values of 1.56 g/t and 1.99
g/t Au.

The Pucayacu target is characterized by intense quartz-sericite-clay
alteration along with abundant disseminated pyrite (plus limonite) and
strong quartz vein stockworks with limonite-pyrite and secondary
copper. Chalcedonic quartz and jasper are also present, these being
products of multiphase hydrothermal events related to an island arc
environment similar to that at Kinross' Fruta del Norte property in
Ecuador.

In addition, prospecting and sampling will be carried out on a second
developing geochemical gold and base metals anomaly, Yuracyacu, located
approximately 8 km to the northeast of Pucayacu, where visible gold is
also present in pan concentrates from streams draining an area of
approximately 3 to 4 sq km, and previous prospecting encountered a
float boulder which assayed 9 g/t Au .

The Company also has the right to acquire a 100% interest in each of
the Sol de Oro and Kury Intsa projects, giving Condor mineral
exploration rights totaling in excess of 200 sq km within the Peruvian
side of the Cordillera del Condor gold and copper belt.

On the Ecuadorean side of the border, recent discoveries within the
belt include Kinross Gold Corporation's (Ex-Aurelian Resources) Fruta
del Norte gold deposit, located approximately 124 km NE of the Condor
de Oro project, with reserves of 13.7Moz gold (grading 7.23 g/t Au) and
22Moz silver, and Corriente Resources' Mirador Copper District, located
north of Fruta del Norte, with an inferred resource of 1.7Bt grading
0.6% Cu. On the Peruvian side of the border, approximately 54
kilometers SW of the Condor de Oro project, Zijin Mining's Rio Blanco
copper-molybdenum porphyry deposit contains reserves of 1.2Bt grading
0.57% copper and 228 ppm molybdenum, making the Rio Blanco deposit one
of the largest undeveloped copper resources in the world today.

There has been very little modern-day exploration carried out to date
along the Peruvian side of the border due largely to geopolitical
events and restrictions imposed by the Peruvian government.  Prior to
1992, for example, mineral exploration was not permitted along Peru's
border regions.  The mining code was revised in 1992 to permit mining
in the frontier regions but a border dispute broke out between Peru and
Ecuador shortly thereafter and was not resolved until 1999.

A major staking rush has occurred within the Cordillera del Condor
since the Fruta del Norte discovery in 2006 and it is now estimated
that claims totaling some 500,000 hectares (+1.2M acres) have been
staked covering virtually all of the belt on both sides of the border.
Major players, such as Iamgold Corporation, Barrick Gold Corporation,
Kinross Gold Corporation, Franco-Nevada Corporation and Zijin Mining
Group Company, have taken up land positions within this newly-emerging
and under-explored metallogenic belt.

Dr. Richard Culbert, Condor's Qualified Person, has advised the Company
that "Although much of the Condor de Oro Property is unexplored, there
can be little doubt that it covers at least one large porphyry
gold-copper deposit, with the value of the gold likely to dominate that
of copper". The combined occurrence of coincident stream sediment, soil
and rock sample anomalies, along with the large aeromagnetic anomaly,
make the Pucayacu zone one of the most attractive undrilled gold and
base metal targets within the Cordillera del Condor.

Condor Resources Inc. was incorporated in 2003 by field exploration
specialists focused on the generation of copper and gold projects in
Latin 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, including six
100% owned projects in Chile, and seven in Peru, each providing a
unique path to discovery.

ON BEHALF OF THE BOARD

Patrick J. Burns,
President & Chief Executive Officer

For further information please contact the Company at 1-866-642-5707,
or by email at: info@condorresources.com

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.

Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this news
release.

=======================================================================
Copyright (c) 2009 CONDOR RESOURCES INC. (CN)  All rights reserved.
For more information visit our website at
http://www.condorresources.com/ or send mailto:news@condorresources.com
Message sent on Tue Sep 22, 2009 at 10:26:29 AM Pacific Time
=======================================================================
.
<
Data and Statistics for these countries : Chile | Ecuador | Peru | All
Gold and Silver Prices for these countries : Chile | Ecuador | Peru | All

Condor Resources Inc.

EXPLORATION STAGE
CODE : CN.V
ISIN : CA20676U1049
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Condor Res. is a silver and gold exploration company based in Canada.

Condor Res. holds various exploration projects in Argentina, in Chile and in Peru.

Its main exploration properties are CONDOR DE ORO, CHAVIN, LA LIBERTAD, PUCAMAYO, CONDORO and OCROS in Peru and EL DORADO ARGENTINA SALTA in Argentina.

Condor Res. is listed in Canada and in United Kingdom. Its market capitalisation is CA$ 16.3 millions as of today (US$ 11.9 millions, € 11.1 millions).

Its stock quote reached its highest recent level on February 04, 2011 at CA$ 3.70, and its lowest recent point on February 05, 2016 at CA$ 0.02.

Condor Res. has 102 060 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
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Financings of Condor Resources Inc.
7/29/2016March 2017 Warrants -- Accelerated Expiry
9/24/2015announces Equity Financing and Loan Transaction
3/27/2015Closes $225,000 Private Placement
2/26/2015announces $200,000 Financing
11/14/2013Closes on Increased Private Placement
10/30/2013Announces Increase to Previously Announced Financing
10/23/2013Closes Second and Final Tranche of Private Placement
10/11/2013Closes First Tranche of Private Placement
9/14/2012Closes Private Placement
8/20/2012Warrant Term Extended
7/26/2012Announces $500,000 Private Placement Financing
2/19/2010$3.3 Million Private Placement Closed
1/29/2010Increases size of Brokered Private Placement
1/25/2010$3 Million Brokered Private Placement
Option Grants of Condor Resources Inc.
3/16/20112,575,000 Stock Options Granted at $0,55
Nominations of Condor Resources Inc.
5/10/2008Announces Appointment of New Director
Project news of Condor Resources Inc.
7/20/2016(Pucamayo)Acquires New Projects and Expands the Pucamayo Project
7/6/2016Soledad drilling returns 2.1 g/t AuEq over 290m from surface...
2/10/2015(Ocros)Reports Encouraging Results from Ocros Project in Central Pe...
2/18/2014(Condor De Oro)Project updates for Condor de Oro and Brahma
11/20/2013(Condor De Oro)Drill Results from the Condor de Oro Project; Disseminated G...
10/31/2013(Condor De Oro)Drilling Update from the Condor de Oro Project
10/15/2013(Condor De Oro)Drill Rig Mobilized at Condor de Oro Project
10/5/2013(Condor De Oro)Definitive Agreement - Condor de Oro Project, Area 1
9/17/2013(Brahma)Airborne Geophysical Survey Underway at Brahma/Austral Proje...
9/16/2013Letter of Intent signed on Soledad Project, Peru
9/13/2013Exploration Update on the Cristal Project, Chile
9/11/2013(Condor De Oro)Approval for Exploration Activities Issued for the Condor de...
8/16/2013(Brahma)signs Agreement with MMG Limited on Brahma/Austral Project
7/25/2013Drill Permit for Soledad Project, Peru
4/22/2013Drilling Update on the Cristal Project in Northern Chile
2/4/2013Exploration Update
10/5/2012Options its Cristal Project in Northern Chile
10/4/2012(Condor De Oro)Signs LOI with Mariana on the Condor de Oro Project in North...
4/26/2012Drill Program Completed at San Martin Highlights Include 253...
4/4/2012Second Drill Rig Added at San Martin, Geophysics Underway at...
2/27/2012Six Breccia Pipes identified on the Soledad Property. IP Su...
1/21/2012Acquires Soledad Au-Ag-Cu Project in Peru
1/19/2012San Martin intersects 14.9 m of 68.7 g/t Ag at surface in fi...
9/12/2011High Grade Silver Results at San Martin, Peru
9/7/2011Encouraging Gold-Silver values encountered at the San Martin...
8/29/2011(Chavin)Regains 100% Interest in the Chavin Silver Property, Peru
5/5/2011(Pucamayo)Phase I Drill Program Completed at Pucamayo West
3/30/2011(Pucamayo)Drilling to Commence on the Pucamayo West Gold-Silver Target
1/24/2011(Pucamayo)Permits Granted and Drill Contract Signed for Pucamayo West
1/15/2010(Pucamayo)to Fast-Track Drill Program at Pucamayo
4/20/2010(Pucamayo)Large High Sulphidation Alteration Zone Discovered at Pucama...
3/9/2010(La Libertad)Geophysics Confirms Porphyry Cu-Mo Target at La Libertad
1/5/2010(Pucamayo)'Bonanza-Grade' Gold & Silver Mineralization Discovered at P...
11/24/2009(Condor De Oro)Sampling Expands Extensive Mineralization & defines drill ta...
10/20/2009(Condor De Oro)Prospecting Discovers New Widespread Mineralization at Condo...
2/27/2009(Kury Intsa)Acquires the Kury Intsa Gold and Base Metals Property in the...
2/19/2009Unsolicited Drill Hole Intersects Significant Cu-Au Minerali...
12/18/2008(Brahma)Brahma Project Drill Results
9/30/2008(Condoro)Acquires Highly-Prospective Gold Property in the Cordillera ...
8/12/2008(Brahma)Intersects Copper Mineralization and Doubles Target Size at ...
7/9/2008(Brahma)Diamond Drill Turning at the Brahma Project
5/26/2008(Ocros)Final Drill Results Received for the Ocros Project, Peru
5/20/2008(Brahma)Drill Rig Mobilized To Brahma Project
2/13/2008(Ocros)Drill Results OCR-001 and OCR-002 from the Ocros Project, Pe...
Corporate news of Condor Resources Inc.
8/19/2016DIA Received for Ocros Project; Compañia Minera Casapalca S....
6/15/2016Community Agreement for Exploration at the Ocros Project
5/27/2016Community Agreement for development at the Chavin Project
4/20/2016Comprehensive agreement concluded with Compañia Minera Casap...
3/28/2016Phase II Drill Program underway at Soledad
10/28/2015Condor Completes Loan Transaction
9/29/2015Half Year Results for the period ended 30 June 2015
9/24/2015Condor Announces Equity Financing and Loan Transaction
9/7/2015Mariana Terminates the Soledad Earn in Option in Peru
9/4/2015Condor Regains 100% Control of Soledad Project, Peru
8/19/2015Condor Reports on Annual General Meeting of Shareholders
7/30/2015Condor Sells Chilean Subsidiary, 100% Focus on Peru
7/7/2015Condor Resources Inc.: Second Adit at Ocros Confirms Mineral...
3/27/2015Condor Closes $225,000 Private Placement
3/6/2015Condor Receives DIA for Pucamayo East Project, Central Peru
3/5/2015Condor Provides Additional Details on Previously Announced $...
2/26/2015Condor Announces $200,000 Financing
2/25/2015Condor Resources Inc.: Recently Completed Geophysics, Soleda...
2/10/2015Condor Reports Encouraging Results from Ocros Project in Cen...
1/27/2015Condor Announces CFO Appointment, and Grant of Stock Options
11/27/2014Condor Resources Inc.: Condor de Oro Project Update
11/24/2014Condor Resources Inc.: Deep Penetrating Geophysics Program U...
11/3/2014Condor Resources Inc. Project Update: Soledad Gold-Copper-Si...
11/3/2014Soledad Cu-Au-Ag Project, Peru: Mariana Enters Second Year o...
10/31/2014Cnova N.V. Launches Initial Public Offering
10/16/2014Condor Resources Inc.: Copper-Rich Potassic Core Recognized ...
9/25/2014Condor Regains 100% Interest in the Cristal Project, Norther...
9/12/2014Condor Resources Inc.: Drilling Results from Condor de Oro P...
7/28/2014Condor Resources Inc.: Stock Options Granted
7/21/2014Condor Resources Inc.: SDH-012 at Soledad Project intersects...
7/3/2014IIROC Trading Resumption - CN
7/3/2014Condor Resources Inc.: First Deep Hole at Soledad Project, P...
6/27/2014Drilling Resumes at Condor de Oro, Northern Peru
2/13/2014de Oro - Security Incident
2/10/2014Stock Options Granted
1/28/2014de Oro - Mariana Advances to Next Stage of Option and Report...
1/23/2014Francisco de Undurraga joins Condor's Advisory Board
12/20/2013(Condor De Oro)Progress Report from the Condor de Oro Drill Program
11/13/2013and Concerned Shareholders Announce Settlement
11/4/2013Mariana Resources Ltd. to Proceed with Option on Soledad Pro...
10/3/2013Announces $500,000 Financing and Corporate Appointments
12/12/2012of Activities
10/19/2012de Oro Project Update
10/9/2012Stock Options Granted
8/31/2012Soledad Community Approval; AGM Results
7/25/2012Amendment to Outstanding Stock Options
7/5/2012High Level Epithermal Precious Metals System Identified at S...
3/6/2012Obtains Surface Rights Access at Soledad and Plans to Commen...
2/16/2012San Martin Drilling intersects 12.1m of 63.9 g/t Ag and 6.1...
7/26/2011Warrants Exercised; AGM Scheduled
7/18/2011Canyon Copper Corp Commences Trading Today as Tier One Compa...
7/12/2011Discovers new Epithermal Gold-Silver Occurrence in Peru
5/26/2011(Pucamayo)Drilling at Condor's Pucamayo West Project intersects 340g/t...
4/11/2011(Pucamayo)Seven Drill Holes Completed at Pucamayo West
3/2/2011La Libertad Drill Program Completed
2/23/2011receives $2.265M from the Exercise of Warrants
8/18/2010Exploration Peru S.A.C. Wins Prestigious Award
1/20/2010Early Warrant Expiry Triggered
10/15/2009Carey Lotz retained for Investor Relation Services
9/29/2009John S. Watt appointed CFO
9/22/2009Field Crews Mobilized to Condor de Oro
3/3/2009Positive Sampling Results at Condor de Oro
2/25/2009Signs Amending Agreement for Three Properties in Peru
5/29/2008Property Updates - Chile & Argentina
4/23/2008Announces Adoption of Shareholder Rights Plan and Grants Opt...
4/8/2008Join Condor Resources Inc. at the 2008 Calgary Resource Inve...
1/14/2008 Options Gold and Copper Prospect in the Cordillera del Cond...
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