Exploration Update

Condor Resources PLC
13 December 2006

13th December, 2006



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


      Exploration Update: El Pescadito and La Calera Projects, El Salvador


Condor Resources Plc (AIM: CNR) is pleased to report that positive results have
been returned from the recent trenching programmes at both the Corozal prospect,
within the El Pescadito Project and the La Calera Project, both in El Salvador.


Highlights from the Corozal Prospect in the El Pescadito Project include:


•         COTR2        14 metres @ 1.01g/t gold and 19.9g/t silver

•         COTR4        2 metres @ 2.19g/t gold and 50.2g/t silver

•         COTR9        2 metres @ 2.59g/t gold and 12.5g/t silver

•         COTR10      1 metre @ 8.61g/t gold and 491.1g/t silver


Highlights from the La Calera Project include:


•         LCTR1         5 metres @ 5.51g/t gold

•         LCTR2         13 metres @ 8.57g/t gold including
                     6 metres @ 17.21g/t gold open across strike

•         LCTR5         5 metres @ 4.29g/t gold open across strike

•         LCTR6         6 metres @ 3.06g/t gold open across strike

•         LCTR7         3 metres @ 6.79/t gold open across strike

•         LCTR8         2 metres @ 7.85g/t gold

•         LCTR10      2 metres @ 5.19g/t gold

•         LCTR11      11 metres @ 3.15m gold

•         LCTR12      7 metres @ 2.51g/t gold

•         LCTR13      9 metres @ 2.26g/t gold open across strike


Mineralisation and alteration encountered within this trenching gives excellent
confirmation of Condor's target model of broad stock work zones of gold
mineralisation with inter-fingering high grade quartz veins.  This suggests that
open pit mining may be possible, with subsequent underground mining of higher
grade mineralised zones.

The Company hopes to be able to join the surface mineralisation obtained from
this trenching programme to subsurface mineralisation intercepted in drill holes
completed by Pacific Rim Mining Inc. during the period 2000 to 2004.  This will
allow wireframe interpretation, block modelling of the ore zones and better
definition of targeting for drilling that Condor proposes to commence in the
first quarter of 2007.  It may also allow for the calculation of a maiden
mineral resource at La Calera.

A summary of the work completed is outlined below.


      Project                 Prospect                No Trenches          Total Metres
El Pescadito        Corozal                                12                  447
La Calera           Rosa Main                              4                    67
                    Rosa West 1                            8                   152
                    Rosa West 2                            3                    73
                    Calichal                               3                    67
                    TOTALS                                 39                  806



Complete assay results are tabulated below.



El Pescadito Project - Corozal Prospect


Trench                Structure       Intercept (m)     Gold (g/t)   Silver (g/t)      Comment
COTR1                    Main               1              0.58          12.0
COTR2                    Main               14             1.01          19.9
COTR2                    Main               1              1.47          13.7
COTR2A                   Main                                                            NSR
COTR3                    Main               2              0.89          10.3
COTR4                    Main               2              2.19          50.2
COTR5                    Main                                                            NSR
COTR6                    Main               2              1.20          97.9
       and               Main               2              1.17          65.2
       and               Main               1              1.51          110.4
COTR6A                   Main                                                            NSR
COTR7                    Main                                                            NSR
COTR8                    Main                                                            NSR
COTR9                    Main               2              2.59          12.5
COTR10                   Main               1              8.61          491.1
       and               Main               3              0.59          17.1

(g/t) grammes per tonne

NSR = No significant results returned



La Calera Project


Trench                     Structure       Intercept (m)    Gold (g/t)  Silver (g/t)     Comment
LCTR1                   Rosa Main                5             5.51         4.90
LCTR2                   Rosa W 1                13             8.57         5.78
       including                                 6            17.21         NSR           Open
LCTR3                   Rosa W 1                 3             0.87         NSR
LCTR4                   Rosa Main                                                          NSR
LCTR5                   Rosa W 1                14             2.92         NSR
       including                                 5             4.29         3.45          Open
       including                                 2             4.25         NSR
          and                                    1             8.71         NSR
LCTR6                   Rosa Main                6             3.06         3.95          Open
includes                                         2             6.55         NSR
LCTR7                   Rosa W 1                 3             6.79         7.16          Open
       including                                 1            17.76         13.5
          and                                    1             2.06         NSR
LCTR8                   Rosa W1                  2             7.85         4.10
LCTR9                   Rosa W 2                                                           NSR
LCTR10                  Rosa W 2                 1             4.05         6.70
          and                                    1             4.39         3.80
          and                                    2             5.19         4.70
LCTR11                  Rosa W 1                 2             3.15         3.40
LCTR12                  Rosa W 1                 4             1.70         NSR           Open
          and                                    7             2.51         NSR
LCTR13                  Rosa Main                9             2.26         NSR           Open
LCTR14                  Rosa W 1                 1             2.02         NSR
LCTR15                  Calichal                 1             1.51         4.80
LCTR16                  Calichal                 1             2.85        17.20
LCTR17                  Rosa W 2                 1             8.37         NSR
LCTR18                  Calichal                 4             1.67         NSR

(g/t) grammes per tonne

NSR = No significant results returned.



A second phase of trenching at the La Calera Project is continuing based on the
encouraging results received to date from the first program. A total of 817
metres of trenching have been completed of a planned 950 metre programme for the
second phase.

Additionally, an initial 1,500m trenching programme is being completed at the
Santo Thomas - Protectora - Carolina - Divisidero structure, within the
Pescadito Project, where 1,190 metres have been completed to date.  Results for
both these programmes will be reported by Condor once assay results are received
from BSI Inspectorate Laboratories.



Chain of Custody

Condor enforces a strict chain of custody, with all field samples being
collected under the supervision of a qualified senior geologist.  Samples are
sealed in larger bags and kept under lock and key until being delivered to BSI
Inspectorate Laboratories, Guatemala, for completion of the sample preparation
phase.  Prepared samples are then forwarded by courier to BSI Laboratories in
Sparks, Nevada, USA for finals assay determinations.



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 20 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 mineralisation 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.



                                      Ends



Enquiries:



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



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


Park Green Communications Limited        Ana Ribeiro
Brendan McNamara
[phone]



About Condor Resources Plc:

Condor Resources Plc was admitted to AIM on 31st May 2006 and raised £4.9m.
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 reported Inferred Mineral Resources, as defined
by the JORC standard, of some 354,500oz gold and 18.3Moz 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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