CN.V · 2017-10-06 12:00:00

Condor Provides Updates on Drilling programs at Soledad and Ocros Projects

Exploration Programs

Vancouver, B.C., October 6, 2017 - Condor Resources Inc. - (“Condor” or the “Company”) (TSX.V: CN) is pleased

to provide further updates on the ongoing diamond drill programs at the Soledad project, and at the Ocros project, both in

the Ancash Department, Peru.

Further to our news release of September 26 th, Chakana Resources S.A.C. (“Chakana”) advise they are now drilling their

12th hole at breccia pipe #1 on the Soledad project. Results from Chakana’s first two holes at the Soledad project were

released earlier today in a press release issued by Remo Resources Corp. (“Remo”), which press release detai ls an

amalgamation agreement between Remo and Chakana Copper Corp.

Chakana has the option to earn a 100% interest in Soledad, over a period of 4.5 years, subject to a 2% net smelter return

royalty in favour of Condor.

Further to our press release of Septe mber 26th, Compañia Minera Virgen de la Merced S.A.C. ("Merced") has completed

their first hole at Condor’s Ocros project to a depth of 737m. Merced a re continuing with their second hole, which earlier

today was at a depth of 52m.

Merced has the option to earn a 70% interest in Ocros over a period of 4 years.

Condor is an explorer and project generator focused exclusively on Peru, and our objective is the discovery of a major new

precious metals or base metals deposit. Project acqui sition and development is managed by our Lima based exploration

team.

ON BEHALF OF THE BOARD

Lyle Davis,

President & Chief Executive Officer

For further information please contact the Company at 1-866-642-5707, or by email at [email protected] OR

Renmark Financial Communications Inc.

Tel: (416) 644-2020 or (514) 939-3989

www.renmarkfinancial.com

Cautionary Statement Regarding Forward -Looking Information: All statements, trend analysis and other information contained in

this press release relative to markets about anticipated f uture 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", "estima te", "expect"

and "intend" and statements that an ev ent 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 opera tions 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 Co mpany does not undertake any obligation to

update for ward-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.