Sendero Resources Corp. announced that the Company has received drill permits for its Penas Negras Project on the Vicuna Belt in La Rioja, Argentina. This is a major development for the Company as it represents the successful conclusion of the Company's permit application process to secure the drill permits which now enables the Company to drill test several high priority porphyry targets, where similar geology has been discovered to the major deposits on the Vicuna Belt.

None of the priority targets have previously been drill tested. Highlights: Fully permitted for drilling which will commence in January 2024 with an initial 4,500m of diamond drilling; Three priority drill-ready porphyry copper-gold targets have been selected for initial drilling, including La Pena, Cerro Verde South and Tamberias; Many of the key geological, geochemical, and geophysical features seen at other deposits in the Vicuna Belt, such as Filo del Sol and Josemaria deposits are replicated in these priority drill targets. La Pena is ranked as the highest priority drill target in the Penas Negras portfolio due to: the remarkable coincidence and intensity of all the favourable geological, geochemical and geophysical features typical of Andean Cu-Au porphyry deposits, and the apparent optimum level of erosion exposing the mineralized system just above the interpreted high-grade Cu-Au zone.

Cerro Verde South Target: Extensive porphyry related alteration coincides with a major magnetite-quartz stockwork zone. In the same area highly anomalous Cu-Au-Mo with a peripheral Zn-Pb-Cd halo was defined by ionic leach and talus fines geochemistry. These favourable features also coincide with a magnetic high.

The target has not been previously drilled. Tamberías Target: Tamberías comprises an outcropping diorite porphyry with classic porphyry style quartz-magnetite veining. Pervasive hydrothermal alteration is zoned from a potassic core overprinted chlorite-epidote.

The area shows anomalous Cu-Au-Mo geochemistry in Ionic Leach soils and peripheral Zn-Cd-Pb coinciding with a magnetic high and quartz vein stockwork zone. Tamberías represents a valid untested drill target and has all the hallmarks of a high-level, telescoped Cu-Au porphyry system.