Sendero Resources Announces Updated Option Agreement with Emse
SENDERO RESOURCES ANNOUNCES UPDATED OPTION AGREEMENT WITH EMSE
Vancouver, British Columbia – (July 17th, 2025) – Sendero Resources Corp. (TSXV: SEND) (the “Company”
or “Sendero”) is delighted to announce that it has executed a definitive option agreement with Energía y
Minerales Sociedad del Estado (“EMSE”), the Energy and Minerals State Society of La Rioja , Argentina,
which replaces the original option agreement dated March 4th, 2024 (see the Company’s news release of
March 5th, 2024).
The Company is pleased to formalize its rights to these exploration claims, which together with the already
owned adjacent Peñas Negras project , makes this one of the largest contiguous land positions in the
Vicuña district, a district that is highly prospective for copper and gold projects and mines, and where
there is already mineralization based on historical drilling. The new option agreement continues to apply
to EMSE’s claims consisting of eight exploration claims, covering a total area of 9,177 hectares (91.7 km²),
which are contiguous with and east of the Company’s 100% owned Peñas Negras Project, a copper- gold
exploration project spanning 12,000 hectares (120 km²). The total project area comprises 21,177 hectares
(211.77 km2)(see Figure 1).
“We are pleased to continue to work with EMSE and the Province of La Rioja to unlock the potential of our
district-scale land package. We are steadfast in our mandate to move exploration forward, ensuring that
the benefits of development are shared equitably with the people of La Rioja. We are working on delivering
our initial exploration program so that we are ready for the next field season”, said Alex Gostevskikh, Chief
Executive Officer of Sendero.
Figure 1.
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Terms of the Transaction
The Company has the right to acquire a 100% interest in the EMSE claims in consideration for (i) incurring
a total of US$5,000,000 of exploration expenditures over five years on the EMSE claims, (ii) paying an
aggregate of US$65,000 over five years, and (iii) granting a 1.0% NSR royalty over all the EMSE and Peñas
Negras claims (which will become a 0.5% NSR royalty on the Peñas Negras claims in the event the option
on the EMSE claims is not exercised).
About Sendero Resources Corp.
The Company is focused on copper-gold exploration at its 100% owned Peñas Negras Project in the Vicuña
Belt in Argentina. The Peñas Negras Project has similar geological characteristics to other deposits in the
Vicuña Belt and multiple porphyry and high -sulfidation epithermal targets have been identified on the
project. The centre of the Peñas Negras concession area is situated approximately 18 km southeast of
Caserones mine operated by Lundin Mining, approximately 24 km northeast of NGEx Minerals’ Lunahuasi
project, and about 32 km north -northeast of BHP-Lundin Mining’s Filo del Sol advanced exploration and
development stage project.
Further Information
For further information, please contact:
Sendero Resources Corp,
Alex Gostevskikh Chief Executive Office
Email: [email protected]
+1 888 455 7620
Cautionary Statements
This press release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-
looking statements”) within the meaning of applicable Canadian securities legislation. All statements, other than
statements of historical fact, are forward -looking statements and are based on expectations, estimates and
projections as at the date of this press release. Any statement that involves discussions with respect to predictions,
expectations, beliefs, plans, projections, objectives, as sumptions, future events or performance (often but not
always using phrases such as “expects”, or “does not expect”, “is expected” “anticipates” or “does not anticipate”,
“plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or intends” or variations of such words and
phrases or stating that certain actions, events or results “may” or “could, “would”, “might” or “will” be taken to
occur or be achieved) are not statements of historical fact and may be forward-looking statements. Forward-looking
statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable,
are subject to kn own and unknown risks, uncertainties, and other factors which may cause the actual results and
future events to differ materially from those expressed or implied by such forward -looking statements. There can
be no assurance that such statements will prove to be accurate, as actual results and future events could differ
materially from those anticipated in such statements. Specifically, there is no assurance the Company will be able
to exercise the option to acquire the EMS E claims, or that satisfactory results will be derived from work on such
claims. Accordingly, readers should not place undue reliance on the forward- looking statements and information
contained in this press release. Except as required by law, the Company does not assume any obligation to update
the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as
required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.