SENDERO RESOURCES Corporate update and new Foundational Strategic Investing Group
SENDERO RESOURCES Corporate update and new Foundational Strategic Investing Group
Vancouver, British Columbia— (January 23, 2025) —Sendero Resources Corp. (TSXV: SEND) (the
“Company” or “Sendero”) is pleased to announce the completion of the restructuring initiative ,
positioning the Company to achieve both immediate and long-term objectives. This initiative has the full
backing of a new, high-caliber strategic investing group, reinforcing Sendero’s readiness for a successful
2025.
Sendero is delighted to welcome the new Foundational Investing Group led by Peter Marrone, Founder,
Chairman & CEO of Yamana Gold and Allied Gold. Additional shareholders include Pat DiCapo, founder
and CEO of PowerOne Capital Markets, and Eduardo Elsztain, a prominent Argentine Industrialist. The
involvement of these and other recognised industry leaders , with their extensive experience in the
mineral sector and regional expertise, provides invaluable support and strategic advice to the board and
management.
Having completed an initial comprehensive review of extensive historical data, the Company is
progressing with the development of an updated exploration model. The Company looks forward to an
updated geological model and the resulting exploration program aimed at unlocking the full potential of
the Peñas Negras project. Located in the centre of the emerging Vicuña Copper-Gold Belt with its cluster
of recently discovered copper-gold deposits, the Peñas Negras’ impressive land position is early in its
value-creation journey. The project strongly benefits from the region’s advanced geological
understanding, established infrastructure and the presence of world-class neighbours.
“We are delighted to have the full support of our Investing Group , which reinforces our belief in Peñas
Negras’ discovery potential. We are applying every tool in the explorationist’s toolbox to accelerate the
development cycle for our project.” said Alex Gostevskikh Chief Executive Officer of Sendero Resources.
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 operating mine. The
Company, through its wholly owned subsidiary, Barton SAS, holds ten granted mining concessions
covering 120 km2 in the province of La Rioja, Argentina. The Company also has an option to earn an 80%
- 2 -
interest on eight additional granted mining concessions covering 91.7 km2 adjacent to the e astern
boundary of the Peñas Negras Project.
Further Information
For further information, please contact:
Sendero Resources Corp,
Alex Gostevskikh Chief Executive Officer
Email: [email protected]
Cautionary Statement on Forward-Looking Information
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, assumptions,
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 known 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 b e 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 successful in closing the private placement on the terms outlined
above, or at all. 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.
Cautionary Statement
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policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.