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Abstract
(Marketwire - Sept. 6, 2007) - Cardero Resource Corp. ("Cardero" or the "Company") - (TSX:CDU)(AMEX:CDY)(FRANKFURT:CR5) is pleased to announce that Mr. Glenn Hoffman has joined the Cardero group as President of Cardero Iron Ore Company Ltd. ("Cardero Iron"), its wholly owned iron ore subsidiary. Mr. Hoffman will be responsible for advancing Cardero's extensive iron ore portfolio during the transition from discovery phase through feasibility studies, project development and ultimately to production. Cardero's two key iron ore projects in Peru are the Pampa El Toro Iron Sands Project and the Pampa de Pongo Iron Deposit.
"We are extremely fortunate to secure a global iron specialist of Glenn's calibre, whose extensive industry experience includes managing large-scale production projects and developing state-of-the-art iron-making technologies. Obviously, Glenn's decision to come on-board and champion both Pampa el Toro and Pampa de Pongo is a huge vote of confidence for the projects and will empower us to aggressively advance the projects to the next level," stated Henk Van Alphen, Cardero's president and CEO. "Having worked intimately on the Pampa el Toro concentrates on behalf of Midrex, Glenn already possesses a comprehensive understanding of the project requirements and, more importantly, the production opportunities."