Condor Resources Inc.: Definitive Agreement Signed on Soledad Project, Peru

Condor Resources Inc. - ("Condor" or the "Company") (TSX VENTURE:CN) is pleased
to announce that the definitive option agreement has been executed with Mariana
Resources Ltd. ("Mariana") with respect to the Company's Soledad project, Ancash
Department, Peru. Since signing the Letter of Intent in late 2013, Mariana have
completed preliminary field work, including detailed planning for their initial
drill program, which is expected to begin later this month. 


Per the agreement, Mariana can earn a 70% interest in Soledad by completing
cumulative exploration work of US$4 million, and making cumulative cash payments
of US$1.1 million to Condor, all prior to October 31, 2017. The agreement
includes a mandatory drill program of 2,000 metres to be completed prior to Oct
31, 2014. 


"We are absolutely thrilled that Soledad is about to be drilled" stated Mr.
Davis, Condor President. "There are nine breccia pipes at Soledad, and only
breccia number one has been drilled, with impressive results.
(www.condorresources.com/i/maps/SOLEDAD_HISTORICAL-DRILLED-MAP.jpg) Our
geophysics work readily indentified the nine known breccias, and also indicated
a large anomaly at depth, suggesting a possible intrusive related bulk tonnage
Au-Ag-Cu system." 


The Soledad property is located within the Central Andes tertiary volcanic belt,
approximately 35km south of the Barrick Gold's Pierina Mine. The property
encompasses a large hydro-magmatic center, which includes a cluster of nine
quartz-tourmaline-iron oxide breccias, and an epithermal high sulphidation
system at higher elevations. 


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. 


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
[e-mail]