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November 13, 2008  Cardero Provides Update on the Pampa El Toro Iron Sand Project, Marcona District, Southern Peru
October 29, 2008  SRK Updates Preliminary Economic Assessment for Pampa de Pongo Iron Deposit After-Tax NPV8% Increases to US$4.1 Billion, IRR Increases to 20%
October 27, 2008  Cardero Agrees to Sell Pampa de Pongo Iron Ore Deposit to Nanjinzhao Group Co., Ltd. for USD 200 Million
October 20, 2008  Cardero Produces Premium Direct Reduced Iron Grade Pellets from Pampa de Pongo Iron Deposit in Peru
October 16, 2008  Cardero Produces Premium Blast Furnace Pellets from world-class Pampa de Pongo Deposit
October 09, 2008  Cardero Receives Positive Independent Preliminary Economic Assessment for the Central Zone at Pampa de Pongo Iron Deposit
September 10, 2008  Cardero Completes Option Agreement on TiTac Iron-Titanium-Vanadium Deposit in NE Minnesota, USA
September 08, 2008  Pampa de Pongo Iron Deposit Metallurgical Assessment Continues to Return Highly Positive Results
August 08, 2008  Cardero Acquires 2,000,000 Common Shares of International Tower Hill Mines Ltd. Cardero Grants Incentive Stock Options
July 21, 2008  Cardero Receives Positive Results from the Pampa de Pongo Iron Deposit Pilot-Scale Metallurgical Assessment
June 26, 2008  Cardero Intersects Significant Near-Surface Silver Mineralization at La Poma Project, NW Argentina
June 20, 2008  Cardero Options Three Mexican Silver-Lead-Zinc Projects to Ethos Capital Corp.
June 11, 2008  Cardero Signs Formal Exploration Alliance Agreement with Newmont in NW Argentina
May 28, 2008  Cardero Receives Drill Permit for Pampa de Pongo Project 43-101 Inferred Resource 953Mt @ 44.7% Iron
May 20, 2008  Cardero Completes Processing of 40-Tonne Concentrate at the Pampa El Toro Iron Sands Project, Reaching Project Milestone Ahead of Schedule
May 09, 2008  Cardero Initiates Pilot-Scale Metallurgical Assessment at Pampa de Pongo Iron Deposit, Peru
April 29, 2008  Cardero Completes Phase I Testing of Magnetic Separation Pilot Plant at Pampa El Toro Iron Sands Project
April 22, 2008  Cardero Receives Positive Metallurgical Test Results for Pampa de Pongo Iron Ore Deposit Initiates Additional Metallurgical Testing NI 43-101 Resource of 953Mt @ 44.7% Iron and 0.12% Copper

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