Cardero Resource Corp. (Cardero) is an exploration-stage company. The Company holds, or has rights to acquire, interests in mineral properties in Argentina, Mexico, Peru, the United States, Ghana and Canada. The Company is in the process of evaluating, such properties through exploration programs or, in some cases, mineralogical and metallurgical studies and materials processing tests. On June 1, 2011, the Company completed the acquisition of Coalhunter Mining Corporation (Coalhunter). On September 14, 2011, Coalhunter changed its name to Cardero Coal Ltd. Coalhunter has entered into various agreements to explore and, if warranted, develop, certain coal deposits in the Peace River Coal Field located in the northeast region of British Columbia.