Cardero Resource Corp announced the appointment and addition of several key management personnel.

Mr Michael Hunter the current president will also assume the position of chief executive officer reporting directly to the Board of Directors. Mr Hunter comes to this position with over 25 years' experience in the coal mining sector which includes pit operations, plant operations and coal quality analysis.

Mr Keith Henderson formerly vice president exploration, has been appointed executive vice president. Mr Henderson brings 19 years' global mining-industry experience, including time spent working as Project Manager for Anglo Coal's Canadian subsidiary, focused on metallurgical coal deposits in northeast British Columbia.

The Company has appointed Ms Kareen McKinnon as vice president Investor Relations. Ms McKinnon has extensive experience with both investor relations and equity financing for mining companies. She worked previously as Vice President, Corporate Development for several companies including CGA Mining Limited, Rock Forage Mining Limited, White Knight Resources Ltd and Mansfield Minerals Inc.

Mr Blaine Bailey has been appointed as the Company's new chief financial officer. Mr Bailey succeeds former CFO Michael Kinley, CA who will remain with the Company as a consultant through a transition period before leaving to pursue other opportunities. Mr. Bailey is a CGA who has worked with numerous private and public companies over the past 20 years.

The Company also announces that Mr Mark Cruise its former vice president business development has resigned in order to devote his full time and attention to his role as Chief Executive Officer of Trevali Mining Corporation, which is advancing two polymetallic deposits to production in Canada and Peru the Halfmile and Santander projects, respectively.

With the current management changes, Mr Hendrik Van Alphen is stepping down as CEO and assuming the position of Managing Director, with a focus on corporate strategic initiatives.Regarding the management changes, Mr. Van Alphen commented that "These management changes come at a time when Cardero is moving rapidly forwards with the development of the Carbon Creek Metallurgical Coal deposit and requires in-depth expertise to support the Company's growth. This re organization enables the Company to better capitalize on the many opportunities in front of us. The executive team looks forward to Henk's continued support and invaluable experience and knowledge in his new role as the Company moves forward.”