Cardero Resource Corp.

Cardero Resource Corp., headquartered in Vancouver, is focused on coal and iron ore, its two primary properties include the Carbon Creek (metallurgical coal) and Sheini Hills (iron ore). Carbon Creek is in the Peace River Coal Fields in northern BC, and currently has an estimated NI43-101 resource of 166Mt M&I and 167Mt Inferred of metallurgical coal from which the Company plans to produce a hard coking coal, a semi-soft coking coal and a PCI product. The Company plans to continue with exploration drilling aimed at expanding the current resource base and advancing the Carbon Creek asset towards a production decision.

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