CCN Kaizen Discovery, Inc.

Concordia Resource Corp. (TSX VENTURE:CCN) ("the Company") is pleased to
announce that its wholly owned subsidiary, Meryllion Minerals Corporation
("Meryllion"), has received authorization from the Directorate of Mines -
Province of Jujuy to proceed with drilling at its Providencia Ag-Cu prospect in
northwestern Argentina. 


The property hosts Ag-Cu mineralization, and produced some five million ounces
of silver between 1986 and 1997 from ore grading between 400 - 500g/t Ag.
Mineralization is hosted by a gently dipping, poorly consolidated, green
conglomerate unit floored and capped by dark red mudstones and white sandstones
respectively. The conglomerate unit was the primary target of previous mining,
and four shallow open pits were developed - the North, Central, South, and West
Pits. Mineralization is open along strike to both the north and south, as well
as down-dip to the east within the gently dipping conglomerate unit, and the
objectives of the drill program are to extend known resources in the near
surface environment as well as to test for higher grade mineralization at depth.


As part of the permitting process, Meryllion completed a comprehensive
environmental study, and solicited and received documented support from the two
local indigenous communities for its exploration activities. The Company has
prepared a drill proposal for an initial program of approximately 3000 m of core
drilling and has awarded the drilling contract to Major Perforaciones SA, the
Argentine subsidiary of Major Drilling Group International Inc. Major has
mobilized a UDR200D rig, and drilling is expected to commence in early
September.


Exploration at Providencia is being conducted under the supervision of Dr Willem
Fuchter PGeo, CEO of Meryllion and a Qualified Person as defined by Canada's
National Instrument 43-101, and the contents of this release have been reviewed
by Ms Pamela Klessig, Director of Concordia and a Qualified Person.


ABOUT MERYLLION

Meryllion Minerals is a wholly owned subsidiary of Concordia with the charter to
conduct mineral exploration in South America with a primary focus on precious
and base metals. Meryllion operates out of offices in Buenos Aires under the
direction of Dr. Willem Fuchter, PGeo, a PhD geologist with extensive
international experience and a Qualified Person under NI 43-101.


ABOUT THE COMPANY

Concordia Resource Corp. 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.

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