Vancouver, B.C., November 6, 2007 – Condor Resources Inc. – (“Condor” or the “Company”) (TSX.V: CN) is pleased to announce results of a recently completed preliminary field exploration program on its 100% owned 270 sq km Brahma porphyry copper project in Chile. The pervasive quartz-sericite altered intrusive leached capping exposure (See Condor’s News Release dated October 11th, 2007) has now been extended to encompass an area of approximately 2 sq km, and remains open to the east and at depth, with a currently measured vertical exposure of at least 300 metres. Abundant finely disseminated chalcopyrite, covellite and pyrite occur at the base of the intensely-altered system.
This newly discovered porphyry copper target also includes a mineralized hornblende feldspar porphyry body, further confirming the complex multi-phase nature of the intrusives typically associated with these large mineralized systems. In addition, the development of quartz veins, extensive quartz vein stockworks, quartz-tourmaline breccias, breccia dykes and hydrothermal breccias further confirm the geologic complexity at Brahma. The exploration program has determined that the peripheral donut-shaped “propylitic” alteration halo surrounding the central copper-mineralized intrusives at Brahma is approximately 14 km across.
Partial geochemical sample results from the current program have been received and continue to expand the large copper mineralized system; full results will be released when they are available. A follow-up reconnaissance program is planned at Brahma prior to year-end, comprising 1:10,000 scale mapping and additional sampling, in order to define specific drill targets.
Condor’s management considers the Brahma project to represent one of the most significant untested Chilean porphyry copper discoveries made in recent times along the prolific West Fissure fault system.
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 three 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
email: 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.
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE RELEASE.
