|April 11, 2008|
Condor Prepares to Drill Brahma Project
|TSX.V: CN Shares Outstanding: 23,843,691|
Vancouver, B.C., April 11, 2008 -- Condor Resources Inc. - ("Condor" or the "Company") (TSX.V: CN) is pleased to announce that all of the necessary permitting for the construction of a road and subsequent drilling is now in place on its 100% owned, 270 square kilometre Brahma porphyry copper project located south of Santiago, Chile. The proposed drill access road to the property has been surveyed and tentative drill sites located within the 3 square kilometre mineralized and highly altered quartz-sericite 'phyllic' core. Construction of the access road is expected to commence within the next ten days.
In addition, negotiations are underway with respect to awarding a contract for a nine-hole Phase I drill program to test the large mineralized zone, and news will be forthcoming once the drill contract has been finalized.
Condor geologists believe that the Brahma project represents one of the most significant new porphyry copper occurrences to come out of Chile in recent years.
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, including six 100% owned projects in Chile, two projects in Argentina and four 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:
Bernie Kennedy: 1-877-489-4440
Saf Dhillon: 604-484-2015
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.
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE RELEASE
You can view the Next News Releases item: Tue Apr 22, 2008, Condor Announces Adoption of Shareholder Rights Plan and Grants Options
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