Cardero Names Michael Hunter President & Files NI 43-101 Resource Estimate on Carbon Creek Project

Cardero Resource Corp.

announces the appointment of Mr. Michael Hunter as President of Cardero as a result of the recently completedacquisition of Coalhunter Mining Corporation. Mr. Hendrik Van Alphen will remain as the Chief Executive Officer and a Director of the Company. In addition, the Company announces it has received a NI43-101 resource estimate on the Carbon Creek Metallurgical Coal deposit located in north eastern British Columbia from Norwest Corporation. The report outlines 114.0 million tonnes of measured and indicated, plus an additional 89.1 million tonnes of inferred, coal with an ASTM coal rank of mvB.