Sendero Resources Corp. provided both an overview of the newly listed company and an exploration update. Sendero Resources key highlights: The Penas Negras project is located in the prolific Vicuna District, surrounded by world-class super giant discoveries owned by Filo Mining, Lundin Mining, and NGEx Minerals.

The project is 100% owned, district-scale project with excellent access and logistics; synergies with adjacent projects. Three drill-ready copper-gold porphyry targets: La Pena, Cerro Verde South, & Tamberias. Extensive historic work including 12.7km of drilling including 30m of 1.84 g/t AuEq and 106m of 0.66 g/t AuEq.

Fully funded to drill with CAD 5.9 million (RTO raise completed April 2023) and 65M shares outstanding, 33% being owned by insiders. Exploration activities to date have enabled the Company to complete an integrated exploration targeting study for the Company's Penas Negras Project, located in the highly prospective Vicuna Belt. The key outcome of this study is the initial ranking and prioritization of the exploration targets across the Penas Negras Project.

Three priority drill-ready porphyry copper-gold targets have been selected for initial drilling, these targets are La Pena, CerroVerde South and Tamberias - with drilling scheduled to start at these targets in January 2024. Background. This is the first time this land package has been consolidated under one company.

The Company has recently completed an integrated targeting study based on key ingredients for significant porphyry copper-gold and associated epithermal gold-silver deposits. 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 the Penas Negras exploration target areas. Geochemistry: soil and rock geochemistry define mineralisation with coincident anomalous Au-Cu-Mo.

6. Geophysics: magnetic surveys help to define structures and intrusive bodies while IP chargeability may play a role as a sulphide distribution mapping tool. All available geological, geochemical, and Geophysical data using the extensive project database was used to compile a matrix which identified and prioritized multiple exploration targets across the PenasNegras Project. Of these, 3 targets are categorized as priority and are drill-ready: La Pena,CVS1) and Tamberias.

La Pena. Results of the 2023 program including geological mapping, talus fines and rock sampling have highlighted the prospectivity of the La Pena target. In the center of the area, a Miocene diorite porphyry, exposed on a prominent hill, cuts Permo-Triassic basement granite and Oligocene-Miocene volcanics.

The structural setting shares similarities to Filo del Sol and Jose Maria deposits with the porphyry body confined to a north-south structural corridor with cross-cutting NW and EW faults. Well zoned hydrothermal alteration is present with a potassic (K-feldspar-biotite) core grading outwards to a green rock (chlorite-epidote) halo coinciding with the exposed diorite porphyry. Classic porphyry quartz-magnetite vein stockworks (>10%) coincide with the potassic alteration zone.