Vancouver, British Columbia – (October 23rd, 2023) – Sendero Resources Corp. (TSX: SEND) (“Sendero” or the “Company”) is pleased to announce that the Company has received drill permits for its Peñas Negras Project on the Vicuña 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 Vicuña 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 Peña, Cerro Verde South and Tamberías

· Many of the key geological, geochemical, and geophysical features seen at other deposits in the Vicuña Belt, such as Filo del Sol and Josemaria deposits are replicated in these priority drill targets

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