The inferred mineral resource was largely calculated from the 11,400 metre diamond drill core and reverse circulation drilling program that was completed over a strike length of approximately 9 kilometres during 2012. An additional 24 kilometres of strike length has been identified for future drilling following extensive airborne geophysical surveying, analysis of satellite imagery and mapping to confirm the occurrence of ironstone in the area.
For details with respect to the assumptions underlying the current resource estimate, see the technical report entitled "Mineral Resource Estimate for the Sheini Hills Iron Project, Ghana" dated January 6, 2013 and available under the Company's profile at www.sedar.com.
Mr. Glen Hoffman, MMSA QP, the President & CEO of Cardero Iron Ore Company Ltd. and a qualified person as defined by National Instrument 43-101, has supervised the preparation of the scientific and technical information that forms the basis for this news release, other than with respect to the Sheini Hills mineral resource estimate, and has approved the disclosure herein. Mr. Hoffman is not independent of the Company as he is an officer of a subsidiary and holds common shares and incentive stock options in Cardero.
Howard Baker B.Sc., M.Sc., MAusIMM (CP) a Principal Geologist (Mining Geology) with SRK, has acted as the Qualified Person, as defined in NI 43-101, for the resource estimate contained herein. Mr. Baker has 18 years practical experience in the mining industry, with the previous 10 years focussed on iron ore mining, exploration and mineral resource estimation. Mr. Baker worked as a Senior Mine Geologist at the BHP Billiton, Yarrie Operation in the Pilbara region of Western Australia and as a Specialist Resource Geologist for Rio Tinto Iron Ore, also in Pilbara region of Western Australia. Following this, Mr. Baker has worked a Principal Geologist for SRK on numerous iron ore deposits including those in West and Central Africa, Sweden, Finland, Canada, Portugal and Armenia. Mr. Baker has also reviewed and approved the disclosure in this news release. Both Mr. Baker and SRK are independent of the Company under NI 43-101.
The metallurgical test work carried out at CMTL was designed and directly observed on site by Mr. Hoffman who is responsible for all metallurgical testing and the quality control/quality assurance.
The work program at CMTL is supervised by Glenn Hoffman, S. Jayson Ripke (Cardero Iron Ore) and Christopher White (Cardero Resource Corp.), who, together, are responsible for all aspects of the work, including the quality assurance/quality control program. On-site personnel at the laboratory perform bench-scale testing to strict protocol, rigorously collecting and tracking samples which are prepared, security sealed, and shipped to a variety of accredited and ISO certified laboratories for additional sample preparation and analysis. Quality control is assured by the use of international and in-house standards. The specific laboratories used for the analyses reported in this news release are ALS Global in Reno, Nevada, and Andrew S. McCreath & Son, Inc. in Harrisburg, Pennsylvania. ALS's quality system complies with the requirements for the International Standards ISO 9001:2000 and ISO 17025: 1999. Andrew S. McCreath & Son, Inc. is accredited to ISO 17025 by the American Association of Laboratory Accreditation (A2LA) as a commercial chemical laboratory.
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