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Lagasco Announces Name Change to El Condor Minerals

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Aug 5 2010

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LAGASCO CORP. ("Lagasco/El Condor" or the "Company") is pleased to announce that effective as of the opening of the market tomorrow, the Company's name will be changed to El Condor Minerals Inc. - the Company will continue to trade on the TSX Venture Exchange with the symbol LCO.

In connection with this change of name, the Company also announces that its corporate jurisdiction will be continued out of the province of Ontario and into the province of British Columbia.

Leigh Freeman, President and CEO of Lagasco/El Condor commented: "Our new name recognizes the heritage of Anchaca, our first discovery-stage property acquired under option from Bernie Bernstein's Peruvian exploration company Exploraciones Cori Condor. This is one more step in the evolution of the Company."

Source:

http://www.elcondorminerals.com/

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