Cardero Resource Corp., headquartered in Vancouver, B.C., is a resource company focussed on building a base minerals exploration and development company. Cardero has the exclusive option to acquire up to a 100% interest in the Zonia Copper Oxide Project, located in Arizona. Zonia is a near-surface copper-oxide resource and a brownfields site having already been mined in the late 1960s and ‘70s.
Zonia’s entire resource (NI 43-101 as amended and dated October, 2017), as currently defined, is located on private land and Cardero has now completed a Preliminary Economic Assessment, which has been announced in a news release NR 18-04 dated March 6, 2018.
The Company’s intention is to move forward with a Feasibility Study on the Zonia project with the objective of taking the Zonia project to production.
The Company also has two option agreements covering five nickel-cobalt properties in south-eastern British Columbia, called the Kootenay Project, and totaling approximately 8,000 hectares. The Project is within the prospective Lardeau Group, which hosts numerous volcanogenic massive sulphide deposits, including the past-producing Goldstream mine located north of Revelstoke.
Work programs have been undertaken on the properties in 2017and 2018. Results of those work programs have been described in news releases that are available on the Company’s web site.
Cardero will continue to source new projects in the base metals space and acquire and develop those projects that meet the Company’s criteria. The projects that the Company will review include early development projects, brownfield projects and producing projects.
The Company has management and directors with excellent credentials, their experience covers all aspects of exploration, development, finance and operations. Their confidence in achieving success is reflected by share ownership of over 62% in the Company.
Detailed information is available at the Company’s web site at www.cardero.com .
The common shares of the Company are currently listed on the TSX Venture Exchange (symbol CDU), the Frankfurt Stock Exchange (symbol CR5) and OTCBB (symbol CDYCF). For further details on the Company readers are referred to the Company's web site (www.cardero.com), Canadian regulatory filings on SEDAR at www.sedar.com.
Suite 2300, 1177 West Hastings Street
Vancouver, British Columbia V6E 2K3
Toll Free: 1-888-770-7488
Web Site: www.cardero.com