Concordia Resource Corp. Announces Commencement of Albisu Drill Campaign

Concordia Resource Corp. (TSX VENTURE:CCN) ("Concordia" or the "Company") is
pleased to provide an exploration update on the Company's activities. 


The Company has commenced core drilling at its 100% owned Albisu property, a
grassroots discovery located in northern Nevada. The drilling has been designed
to test potentially mineralized structures along the west side of the extensive
low-grade gold mineralization identified in 2008 and 2009. 


Concordia plans to drill two, angled core holes to depths of approximately 500
m. One hole will test the northern end of the project area where previous
drilling has encountered wide, low-grade intercepts and intensely altered
volcanic rocks characteristic of high-level epithermal systems. A second hole
will test the structure approximately 1600 m along strike to the south. A third
angled core hole of approximately 750 m will test deeper under the better of the
two initial holes.


Concordia completed 12 HQ core holes totaling 3575 meters in areas of quartz
veining and alteration in the northern part of the project in 2008 and 2009.
This diamond drilling intercepted wide low grade intercepts, containing
scattered narrower zones of higher grade gold, in intensely altered volcanic
rocks in every drill hole. For example, ALB-04 intercepted 12 grams of gold over
1.5 metres from 103.7m to 105.2m and 41 metres from 154.0m to 195.1m that
averaged 0.66 g/t gold (Press release October 29, 2008). The gold mineralization
and associated alteration are characteristic of high level epithermal systems.
The large halo of widespread and continuous lower grade gold along with
geochemically elevated intervals of silver, arsenic, cobalt, mercury and
molybdenum within hydrothermally altered and brecciated volcanic rocks indicates
this has been an active and dynamic system.


ABOUT THE COMPANY

Concordia Resource Corp. (www.concordiaresourcecorp.com) is a mineral
exploration company with property holdings in North and South America and Spain.
The Company holds the Albisu gold discovery in Nevada, and is earning from
Renaissance Gold Inc. a 70% interest in the Baza gold-copper project in Spain.
Through its wholly owned South American subsidiary, Meryllion Minerals Corp, the
Company is earning 100% of the historic La Providencia silver mine located in
the Puna of northwestern Argentina and has also acquired an option to purchase
the 14 000 ha Cerro Amarillo-Cajon Grande copper-gold property located in the
Malargue District of Argentina. Concordia has its head office and executive
management team in Vancouver, Canada; and its technical team is based in Reno,
Nevada.


On behalf of the Board of Concordia Resource Corp.

R. Edward Flood, Chairman

Forward Looking Statements

Certain of the statements made and information contained herein is
"forward-looking information" within the meaning of the Ontario Securities Act,
including the receipt of necessary permits to conduct exploration and
construction, timing of anticipated exploration program, the number of the holes
and meters to be drilled and future plans of the Company. Forward-looking
information is subject to a variety of risks and uncertainties which could cause
actual events or results to differ from those reflected in the forward-looking
information, including, without limitation, risks and uncertainties relating to
risks inherent in mining including environmental hazards, industrial accidents,
unusual or unexpected geological formations, ground control problems and
flooding; risks associated with the estimation of mineral resources and reserves
and the geology, grade and continuity of mineral deposits; the possibility that
future exploration, development or mining results will not be consistent with
the Company's expectations; the potential for and effects of labour disputes or
other unanticipated difficulties with or shortages of labour or interruptions in
production; actual ore mined varying from estimates of grade, tonnage, dilution
and metallurgical and other characteristics; the inherent uncertainty of
production and cost estimates and the potential for unexpected costs and
expenses, commodity price fluctuations; uncertain political and economic
environments; changes in laws or policies, delays or the inability to obtain
necessary governmental permits; and other risks and uncertainties, including
those described in each management discussion and analysis. Forward-looking
information is in addition based on various assumptions including, without
limitation, the expectations and beliefs of management, the assumed long term
price of metals; appropriate equipment and sufficient labour and that the
political environment where the Company operates will continue to support the
development and operation of mining projects. Should one or more of these risks
and uncertainties materialize, or should underlying assumptions prove incorrect,
actual results may vary materially from those described in the forward-looking
information. Accordingly, readers are advised not to place undue reliance on
forward-looking information.