Sendero Resources Corp (Vancouver). Stock Analysis SEND.V

Sendero Resources Corp. is a junior exploration company, which engages in the business of acquiring and exploring mineral properties. Through its wholly owned subsidiary, Barton SAS, the Company hold 10 granted mining concessions covering approximately 100% interest in the Penas Negras Project (the Project), encompassing 120 square kilometers (km2) of exploration territory. The Project is situated in the Vicuna District and exhibits geological similarities to neighboring deposits, including the Josemaria copper-gold porphyry system and the gold-rich Maricunga porphyries. Additionally, the project has access to Caldera, Chile, a deep-water port with direct connections to Asian copper smelters, facilitating the export of copper concentrates. The firm also has an option agreement to earn 80% interest on eight granted mining concessions covering 91.7 km2 adjacent to the East of the Penas Negras Project.