Sendero Resources Annouces Trading Debut, Provides Exploration Update

VANCOUVER, BC / ACCESSWIRE / October 4, 2023 / Sendero Resources Corp. (TSX:SEND) ("Sendero" or the "Company") is excited to announce that the Company commences trading today on the TSX Venture Exchange under the symbol TSXV:SEND. Sendero is pleased to provide both an overview of the newly listed company and an exploration update.

Sendero Resources key highlights:

• The Peñas Negras project is located in the prolific Vicuña District, surrounded by world-class super giant discoveries owned by Filo Mining, Lundin Mining, and NGEx Minerals. The project is 100% owned, district-scale project with excellent access and logistics; synergies with adjacent projects.
• Three drill-ready copper-gold porphyry targets: La Peña, Cerro Verde South, & Tamberías.
• Outstanding in-country technical team with vast experience in the Andes, led by Hernan Vera, former VP of Barrick Argentina Porphyry, and Andean Expert David Royle as Chief Technical Advisor.
• Extensive historic work including 12.7km of drilling including 30m of 1.84 g/t AuEq and 106m of 0.66 g/t AuEq.
• Fully funded to drill with $5.9M CAD cash (RTO raise completed April 2023) and 65M shares outstanding, 33% being owned by insiders.

Sendero Executive Chairman, Michael Wood, commented:

"We are delighted to announce Sendero Resources' listing for trading on the TSX Venture Exchange, marking a pivotal milestone in our journey.

Sendero's Flagship property Peñas Negras is located in the Vicuña District, one of the hottest exploration districts in the world, which is home to Filo Del Sol, Josemaria and Los Helados. Peñas Negras exhibits similar geological characteristics to the major deposits in the district and we are very excited about advancing the property over the coming years.

Investors can expect consistent news flow over the coming months as we lead up to drilling at Peñas Negras starting in January 2024."

2023 Exploration

Exploration activities to date have enabled the Company to complete an integrated exploration targeting study for the Company's Peñas Negras Project, located in the highly prospective Vicuña Belt (Figure 1). The key outcome of this study is the initial ranking and prioritization of the exploration targets across the Peñas Negras Project. Three priority drill-ready porphyry copper-gold targets have been selected for initial drilling, these targets are La Peña, Cerro Verde South and Tamberías - with drilling scheduled to start at these targets in January 2024 (Figure 1).