Drilling Report

Condor Resources PLC
01 March 2007





1 March, 2007



                             Condor Resources Plc
                        (''Condor'' or ''the Company'')



      Reverse Circulation Drilling commences at El Pescadito, El Salvador

Condor Resources Plc (AIM: CNR) is pleased to report that reverse circulation
drilling of the El Pescadito Project in El Salvador has commenced having secured
a suitable drilling rig.



R & R Drilling of Honduras, through its local subsidiary ('R & R'), has been
awarded the contract to drill test the Company's projects in El Salvador.  An
initial 3,000 metre reverse circulation drilling program has now commenced on
the El Divisadero Prospect within the El Pescadito Project, to initially test
the top 150 metres of approximately 3,000 metres of mineralised strike length as
defined from rock chip and trench sampling completed to date.



On R & R successfully completing the initial program of work, they have agreed
to roll over the contract for a further program of approximately 12,000 metres
of reverse circulation drilling.


                                      Ends

Enquiries:



Condor Resources Plc                Mark Child, Chairman
                                    [phone]
                                    Nigel Ferguson, CEO
                                    [phone]

Nabarro Wells & Co. Limited         Hugh Oram
                                    [phone]
                                    Anthony Rowland
                                    [phone]


Mirabaud Securities Limited         Rory Scott
                                    [phone]


Parkgreen Communications Limited    Clare Irvine
                                    [phone]



Qualified Person's Declaration

The information in this announcement that relates to Exploration Results is
based on information compiled by and reviewed by Nigel Ferguson, CEO, who is a
Member of the Australian Institute of Mining and Metallurgy and a geologist with
over 21 years of experience in the exploration and definition of precious and
base metal Mineral Resources and has sufficient experience that is relevant to
the style of mineralization and type of deposit under consideration and to the
type of activity which he is undertaking to qualify as a Qualified Person as
defined in the March 2006 Edition of the AIM Guidance Note for Mining, Oil and
Gas Companies. He consents to the inclusion in the report of the matters based
on his information in the form and context in which they appear and confirms
that this information is accurate and not false or misleading.



About Condor Resources Plc:

Condor Resources Plc was admitted to AIM on 31st May 2006 and raised £4.9m
before costs. Condor is a mineral exploration company focused on El Salvador and
Nicaragua. The Company has 100% ownership of four licences and is earning 100%
interest in a fifth licence contained in three project areas in El Salvador.
Condor also has the option to earn an 80% interest in four licences contained
within three project areas in Nicaragua.



An independent competent person's report prepared by Ravensgate and included in
the Company's Admission Document and a subsequent resource upgrade statement
issued 20th December 2006 reported Inferred Mineral Resources, as defined by the
JORC standard, of some 467,104oz gold and 18.4Moz silver within two contiguous
licences in El Salvador.



The Company's objective is to prove up significant gold and silver resources of
between 1 to 2 million ounces of gold and 30 to 50 million ounces of silver to
JORC reportable standards by the 31st May 2008. The Company intends to continue
to drill test targets within its Project areas. The drilling programme is
planned to be between 20,000m and 40,000m of combined reverse circulation and
diamond drilling.




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