REN Renaissance Gold Inc

Concordia Resource Corp. (TSX VENTURE:CCN) ("Concordia") and Renaissance Gold
Inc. (TSX VENTURE:REN) ("Renaissance") are pleased to announce the start of
drilling on the Baza Project in Spain. Up to five holes with an average depth of
300 metres are planned, with a total budget of approximately C$420,000.
Concordia is earning from Renaissance a 70 per cent interest in Baza through
ongoing work commitments including a combination of drilling, geophysical
surveys and geologic mapping.


The Baza project includes three large land positions covering over 12 000
hectares. Drilling is currently underway at the Solano prospect, one of several
areas that contain highly prospective gold and copper from rock samples at
surface. Mineralization consists of veins and breccias of siderite and albite
with chalcopyrite, arsenopyrite, pyrite and quartz.


The area was worked as recently as the 1950s for iron with minor copper
production. There is no modern exploration or drilling evident.


To date the geologic program has outlined a large coincident copper and gold
system that can be traced for upwards of 20 kilometres and is characterized by
discontinuous zones hosting copper and gold mineralization with values up to 10%
copper and 20 g/t gold. While the geologic model remains somewhat enigmatic, the
discovery of mineralized intrusive dikes suggests that there is a magmatic
source for the metals.


The targets at Solano are veins and breccias coincident with these felsic dikes.
It is hoped that the veins will grade into a proximal intrusive environment that
could yield a variety of forms of mineralization.


Regionally, the mineralization occurs as undeformed linear zones cutting a thick
sequence of metamorphosed sedimentary rocks associated with the Betic Orogeny.
The Betics formed when Africa collided into Europe and is effectively near the
western terminus of the Carpathian Arc.


President and CEO of Concordia, Ed Flood comments, "Concordia believes this is a
unique opportunity to explore a property with widespread indications of hosting
a large mineralized system that has not been subject to modern exploration
methods. Significant quantities of gold and copper are found in many samples
taken from various small iron mine workings and dumps scattered over the entire
20 kilometre length of the project area."


ABOUT Concordia

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.


ABOUT Renaissance

Renaissance Gold Inc. is a gold/silver exploration company that has a large
portfolio of exploration projects in Nevada, Utah, Argentina and Spain. Many of
the projects are in exploration earn-in agreements with industry partners who
provide exploration funding. RenGold applies the extensive exploration
experience and high-end technical skills of its founders to search for and
acquire new precious metal exploration projects that are then offered for joint
venture.


This press release has been reviewed for Concordia by Ms. Pamela Klessig, having
sufficient experience to review this release and is a Qualified Person as
defined by NI 43-101. Also, Richard L. Bedell, Certified Professional Geologist,
is Renaissance's designated Qualified Person for this news release.


On behalf of the Board of:

Concordia Resource Corp.

R. Edward Flood, Chairman

Renaissance Gold Inc.

Richard L. Bedell, President and CEO

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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