El Condor Minerals Inc. announced the initiation of its 2012 work program at its advanced exploration stage copper project at Horden Lake, Quebec. The company announced the launch of Phase 1 of its multi-phase 2012 work program. Phase 1 consists of drilling a minimum of 3,000 meters to collect metallurgical samples for the planned engineering and optimization studies and to expand the current resource at Horden Lake. Similar to the 2008 drill program on which the Company's NI 43-101 resource report is based, much of the current drilling is designed to test and confirm additional resource data based on historic INCO & Noranda holes on the property. Drilling is to commence in February and, based on early successes, the drill program may be expanded. The company has contracted with Caracle Creek International Consulting Inc. for Project Management of the drill program, including camp and program logistics, QA/QC of drill core assays and geophysical and database reviews. Forage Perfection Inc. of Notre-Dame-du-Nord, Quebec, has been contracted for drilling services. Both contractors have extensive experience drilling in the northern Quebec area. Caracle Creek is an international consultancy supporting the mining industry and more importantly has been responsible for the two most recent NI 43-101 reports on the Horden Lake Project. Phase 1 of the program is expected to be completed in April. Once drilling is complete, Phases 2 & 3 of the work program will consist of metallurgical testing, a revised resource calculation and a Preliminary Economic Assessment.