Cardero Gets PEA Regarding Carbon Creek Coal Project

- January 5th, 2012

Cardero Resource Corp. (TSX:CDU,AMEX:CDY,FWB:CR5) announced the receipt of a Preliminary Economic Assessment on its British Columbia-based Carbon Creek Metallurgical Coal property.

Cardero Resource Corp. (TSX:CDU,AMEX:CDY,FWB:CR5) announced the receipt of a Preliminary Economic Assessment on its British Columbia-based Carbon Creek Metallurgical Coal property.

As quoted in the press release:

Raw coal qualities indicate good coking coal potential in seams 31, 40 and 52 based on average FSI values. In-place raw ash contents are generally low and all seams will be improved with washing which would reduce ash content further and typically increase the FSI by a few points. With careful blending, the other seams would likely be saleable in the coking coal market.

Click here for the Cardero Resource Corp. (TSX:CDU) press release.

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