CN Condor Resources Inc

Condor Resources Inc. ("Condor" or the "Company") (TSX VENTURE:CN) is pleased to
provide the second report on the 2,000 metre diamond drill program currently
being conducted by Mariana Resources Ltd. ("Mariana") on the Company's 100%
owned Soledad project. Soledad is located in the Cordillera Negra metallogenic
province approximately 35 km south of the Pierina gold-silver mine, Peru. 


Hole 7 (SDH-007) tested Breccia #5, and intersected mineralized breccia from 33m
to 129m that averaged 1.5 g/t AuEq (0.92 g/t Au, 15 g/t Ag, and 0.22% Cu) over
96 metres. Included are higher grade intervals, with the highlight including 26m
of 2.3 g/t AuEq (1.27 g/t Au, 38g/t Ag, and 0.30% Cu) starting at 66m. 


Hole 5 (SDH-005) tested Breccia #6, and intersected mineralized breccia from
surface to 76m that averaged 1.0 g/t Au/Eq (0.53g/t Au and 33 g/t Ag) over the
76 metres. Included in this drill hole was a higher grade interval which started
just below surface, and averaged 1.8 g/t AuEq (0.82 g/t Au and 65 g/t Ag) over
37m. 




                                                                            
      Table 1: Summary of Significant Intersections, Holes 1 through 7      
      (SDH-001 reported previously by news release dated May 20, 2014)      
                                                                            
----------------------------------------------------------------------------
                                               Au    Ag                 AuEq
Hole     Target     from  to  Width(i)        g/t   g/t       Cu %   g/t(ii)
----------------------------------------------------------------------------
SDH-001  Breccia #1   54  87        33       3.45  22.8       0.95      5.35
----------------------------------------------------------------------------
includes              59  80        21       5.16  34.4       1.48      8.09
----------------------------------------------------------------------------
SDH-002  Cima                                                               
         Blanca                      no significant results                 
----------------------------------------------------------------------------
SDH-003  Cima         43  48         5       3.94  13.4  less than      4.14
         Blanca                                                .01          
----------------------------------------------------------------------------
SDH-004  Breccia #3    5  10         5  less than  18.8  less than      0.29
                                              0.1              .01          
----------------------------------------------------------------------------
SDH-006  Breccia #3   72  76         4       0.10  11.2       0.19      0.59
----------------------------------------------------------------------------
SDH-005  Breccia #6    0  76        76       0.53  33.4        .02      1.04
----------------------------------------------------------------------------
includes               2  39        37       0.82  65.1        .03      1.81
----------------------------------------------------------------------------
SDH-007  Breccia #5   33 129        96       0.92  15.2       0.22      1.48
----------------------------------------------------------------------------
includes              66  92        26       1.27  38.5       0.30      2.34
----------------------------------------------------------------------------
                                                                            
(i) True widths are unknown, and shapes are irregular, but estimated widths 
are unknown for Breccia #1, 35m Breccia #6, and 50m Breccia #5.             
(ii) AuEq assumes US $1200/oz gold, US $18.25/oz silver, US $2.85/lb copper,
and 100% recovery.                                                          



For a location map of holes one through seven, visit our website at:
http://www.condorresources.com/i/maps/SOLEDAD-DRILL-HOLES-1-to-7-June-16-2014.jpg



Further drilling results updates are expected shortly. Mariana have advised the
Phase 1 drill program at Soledad was completed Monday June 16th with SDH-012
reaching a final depth of 437m. In excess of 2,000m were completed during this
drill program. The objective of the latter stage of the drill program at Soledad
was to discover a breccia-hosted and/or porphyry hosted bulk tonnage
mineralization at depth associated with the cluster of mineralized breccias
expressed at surface. 


The first stage of the drill program tested the surface targets. The first hole
successfully confirmed historical results from Breccia #1. Holes two and three
tested the Cima Blanca zone, interpreted to be a high sulphidation epithermal
zone. SDH-002 was drilled to a depth of 88.5m to test a prominent chargeability
anomaly coinciding with a zone of argillic alteration at surface. SDH-003 was
drilled approximately 100m east of SDH-002 in the centre of the argillic
alteration zone to a depth of 273m, and returned 5m of 3.9g/t Au at 43m. Mariana
interpret this interval in SDH-003 as the mineralization expected in the upper
levels of a porphyry system. SDH-004 and SDH-006 tested Breccia #3, an area of
multiple sub parallel quartz-tourmaline breccias associated with EW trending
structures. Both holes in Breccia #3 intersected minor zones of mineralization.
SDH-005 tested Breccia #6, and was drilled to 85.5m. The first 76m of SDH-005
was similar to Breccia #1, exhibiting intensely mineralized breccia which tested
1g/t AuEq over the 76m. SDH-005 is about 100m higher in elevation that SDH-001,
leading to speculation there may be a copper mineralized zone below. SDH-007
tested Breccia #6, as reported above. Gold-copper values are consistent,
averaging 0.9g/t Au and 0.2% copper. The copper grade appears to increase with
depth, and the final hole in the current program SDH-012 is a follow up hole
intended to test Breccia #5 for porphyry hosted copper-gold mineralization at
depth. 


Ever Marquez, Condor's Vice President of Exploration, stated, "The results from
the first holes are very encouraging, and we look forward to the upcoming
results from the holes drilled to depth. Beautiful!"


The Company currently has three of its properties under active exploration by
third parties, and looks forward to a steady flow of results from these
programs. In addition, the Company is actively seeking partners on its other
projects, and is reviewing new opportunities identified by its Lima based
exploration team.


ON BEHALF OF THE BOARD

Lyle Davis, President & Chief Executive Officer

Dr. Richard Culbert is the Qualified Person under NI 43-101 who has approved the
technical content of this news release. 


Quality Assurance/Quality Control: Mariana, the operator of the drill program
have advised as follows: Drilling is being performed by Energold Drilling Peru
SAC utilizing an S-2 hydraulic portable diesel rig. All technical information
for the Soledad project is obtained and reported under a quality assurance and
quality control program. Samples are shipped to and assayed by ALS Chemex
Laboratory in Lima, a laboratory whose quality control system complies with
International Standards ISO 9001:2000 and ISO 17025:2005. A four-acid digestion
system with 33 element ICP-AES analysis is conducted on all samples, with
silver, lead and zinc being re-analyzed with atomic absorption spectrometry
method when analyzing over the ICP limits. Gold is assayed using a fire assay
with an atomic absorption spectrometry finish. Systematic assaying of sample
duplicates and commercially prepared blanks is performed for analytical
reliability. Screen fire assays for gold may be carried out on selected samples.
A secure chain of custody is maintained in transporting and storing of all
samples.


Cautionary Statement Regarding Forward-Looking Information: All statements,
trend analysis and other information contained in this press release relative to
markets about anticipated future events or results constitute forward-looking
statements. Forward-looking statements are often, but not always, identified by
the use of words such as "seek", "anticipate", "believe", "plan", "estimate",
"expect" and "intend" and statements that an event or result "may", "will",
"should", "could" or "might" occur or be achieved and other similar expressions.
Forward-looking statements are subject to business and economic risks and
uncertainties and other factors that could cause actual results of operations to
differ materially from those contained in the forward-looking statements.
Forward-looking statements are based on estimates and opinions of management at
the date the statements are made. The Company does not undertake any obligation
to update forward-looking statements even if circumstances or management's
estimates or opinions should change. Investors should not place undue reliance
on forward-looking statements. 


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. 



FOR FURTHER INFORMATION PLEASE CONTACT: 
Condor Resources Inc.
1-866-642-5707
info@condorresources.com
www.condorresources.com

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