-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, CJrW6e7mz9IKwRfFasdVWBQyoJzT5U6wu1DLq08Ds6yIDUvIwN5caqFuf9MhHShh 4pYA5BfkRiQwLwSrUOxVCA== 0001378296-10-000066.txt : 20100429 0001378296-10-000066.hdr.sgml : 20100429 20100429141438 ACCESSION NUMBER: 0001378296-10-000066 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20100429 FILED AS OF DATE: 20100429 DATE AS OF CHANGE: 20100429 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CARDERO RESOURCE CORP. CENTRAL INDEX KEY: 0001303936 STANDARD INDUSTRIAL CLASSIFICATION: GOLD & SILVER ORES [1040] IRS NUMBER: 000000000 STATE OF INCORPORATION: A1 FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32345 FILM NUMBER: 10780757 BUSINESS ADDRESS: STREET 1: 1188 WEST GEORGIA STREET STREET 2: SUITE 1920 CITY: VANCOUVER STATE: A1 ZIP: V6E 4A2 BUSINESS PHONE: (604) 408-7488 MAIL ADDRESS: STREET 1: 1188 WEST GEORGIA STREET STREET 2: SUITE 1920 CITY: VANCOUVER STATE: A1 ZIP: V6E 4A2 FORMER COMPANY: FORMER CONFORMED NAME: Cardero Resource Corp. DATE OF NAME CHANGE: 20040922 6-K 1 form6k.htm FORM 6K OF THE REGISTRANT DATED APRIL 29, 2010 Form 6-k


FORM 6K


UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


Report of Foreign Issuer


Pursuant to Rule 13a-16 or 16d-16 of

the Securities Exchange Act of 1934


For the month of April 2010


Commission File Number 001-32345



CARDERO RESOURCE CORP.

(translation of registrant’s name into English)


#1920 - 1188 West Georgia Street

Vancouver, British Columbia V6E 4A2

(Address of principal executive offices)


Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.


Form 20-F

_____

Form 40-F

__X__


Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): _____



Note:

Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K  if submitted solely to provide an attached annual report to security holders:


Indicate by check mark if the registrant is submitted the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):


Note:

Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report on other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.


Indicate by check mark whether by furnishing the information contained in the Form, the registrant is also thereby furnishing the information to the Commission pursuant to rule 12g3-2(b) under the Securities Exchange Act of 1934.


Yes

_____

No

__X__


If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b) 82-__________.

 




Exhibits

1. Press Release of the Registrant dated, April 21, 2010
2. Material Change Report of the Registrant dated, April 27, 2010



 





SIGNATURE


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


CARDERO RESOURCE CORP.


 


/s/ Henk Van Alphen

Date: April 29, 2010

Name:

Henk Van Alphen

Title:

President and CEO




  




In connection with the Company’s listing on the American Stock Exchange, LLC, the Company prepared its U.S. GAAP Balance Sheet as at July 31, 2004.



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[exhibit1001.jpg]



NR10-03

April 21, 2010


Cardero Baja IOCG Project Update


Drilling of San Fernando West Target Has Commenced


Cardero Resource Corp. (“Cardero” or the “Company”) – (TSX: CDU, NYSE-A: CDY, Frankfurt: CR5) is pleased to provide an update on the Baja IOCG Project in Baja California Norte, Mexico where drilling on the San Fernando West target area has commenced.  Drilling to date has significantly increased the Company’s understanding of the large copper-bearing system and has resulted in a re-prioritization of drill targets on the Western flank the large property.  The best drill results from previous drilling at San Fernando East and Central were located in the extreme west of the original target area and no drilling has ever been completed on the San Fernando West target.  All previous drilling, including holes completed in 2010, vectors to the west and these targets are now being tested for the first time.


This phase of the drill program consists of five drillholes, the first of which has been completed, intersecting more than 100 metres of highly fractured, brecciated and potassic-sodic-calcic altered rocks containing trace copper mineralization.  The remaining drillholes will test a series of multi-element IOCG pathfinder geochemical anomalies (copper-zinc-silver) where surface mapping has highlighted abundant brecciation of the volcanic rocks.  The area is essentially untested with only one drillhole on the eastern fringe of the geochemical-structural anomaly over approximately 3 kilometres strike length.


Baja Iron Oxide-Copper-Gold (IOCG) Belt


Recent structural re-interpretation and analysis has successfully developed multiple bulk-tonnage copper-gold targets on the Company’s Baja Iron Oxide-Copper-Gold project.  Previous exploration by Anglo American and Cardero successfully intersected locally productive and large pervasive IOCG systems at the Picale and San Fernando prospects in addition to identifying several other large copper bearing IOCG targets.


Current exploration drilling is testing the test bulk tonnage copper targets at the San Fernando, San Jose and Santa Maria prospects.


Current Drilling – San Fernando West


An initial drill test within the San Fernando West target area (SF10-024) has been completed and sampled but to date no analysis has been received from the laboratory.  The drillhole is not expected to contain significant copper mineralization, however, the intense alteration and brecciation in the drillhole is encouraging and has provided a new impetus to test the associated geochemical anomalies.


Drillhole SF10-024 intersected massive fine-grained andesitic volcanic rocks, which elsewhere in San Fernando are relatively unaltered and are generally considered poor potential host units.  In the west, the rocks are strongly brecciated (tectonic and hydrothermal) by hydrothermal fluids creating enormous amounts of permeability and space in an area coincident with strong surface soil geochemical anomalies.  Copper and IOCG geochemical anomalies exist over approximately 3,000 metres strike.


Westerly Vectors


Detailed examination and re-interpretation of the historical San Fernando drill core has highlighted a number of clear indicators and vectors towards the western area:


  • The vast majority of holes in the San Fernando Central area intersected significant alteration and trace to moderate copper mineralization.  Drill highlights ranged from 260 to 280 metres at 0.20% to 0.24% copper & 19% iron within which higher-grade intervals occur ranging from 31 to 47 metres at 0.96% to 0.74% copper at San Fernando.
  • Alteration progresses from distal sodic and sodic-calcic alteration in the east and central areas to more proximal potassic alteration in the central and western areas.
  • Sulphide mineralization is present throughout much of the San Fernando area - as is typical of strong IOCG systems - but pyrite and trace chalcopyrite (copper) in the east give way to pyrite and more abundant chalcopyrite (copper), together with higher temperature pyrrhotite sulphides to the west.

Therefore, all alteration and mineralization intersected to date vectors to the western area as potentially hosting more significant copper mineralization.


San Fernando Central - 2010


During the current drill program, a total of 7 drillholes have been drilled at San Fernando Central for a total of approximately 2200 metres to test recently defined structural targets.  Drill results, when available and compiled, are not expected to represent a material improvement on previous San Fernando drilling results.  The drillholes continue to intersect minor copper mineralization over significant intervals but no intersections that could be considered potentially economic.  What is significant is the increased understanding of the system and the clear vectors pointing to San Fernando West.


San Jose Drilling - 2010


A series of 5 drillholes have been completed on the previously untested San Jose target, for a total of approximately 1,000 metres, located 25 kilometres north of the main San Fernando target area.  The drillholes were focussed on testing a large Induced Polarization (IP) anomaly.  No analysis has been received from the drillhole sampling to date but visual inspection of the core suggests that the IP anomaly has been adequately explained by barren disseminated pyrite mineralization.  Assuming that the laboratory results are as expected, no further testing will be undertaken in the area and the claims will be relinquished.


Other Targets


A post-doctorate IOCG research specialist from Colorado School of Mines is currently working at the Baja Project - the primary objectives are to provide further interpretation of this frontier IOCG district, which it is hoped will lead to further drill testing on the large property package.


Cardero Acquires Additional ITH shares


The Company also announces that it has acquired an additional 1,035,723 common shares of International Tower Hill Mines Ltd., at a cost of CAD 6.00 per share, in the recent non-brokered private placement by ITH completed earlier this month.  The Company now holds an aggregate of 4,582,523 common shares of ITH, representing approximately 6.99% of the outstanding common shares.


Qualified Person


EurGeol Dr. Mark D. Cruise, Cardero’s Vice President-Business Development and a qualified person as defined by National Instrument 43-101, has reviewed the scientific and technical information that forms the basis for this news release.  Dr. Cruise is not independent of the Company as he is an employee and shareholder.


The work programs at Baja were designed by, and are supervised by, Keith Henderson, VP Exploration of Cardero, and Dr. Mark Cruise who together are responsible for all aspects of the work, including the quality control/quality assurance program.  On-site personnel at the project rigorously collect and track samples which are then security sealed and shipped to ALS Chemex Laboratories, Vancouver, for assay. ALS Chemex’s quality system complies with the requirements for the International Standards ISO 9001:2000 and ISO 17025: 1999. Analytical accuracy and precision are monitored by the analysis of reagent blanks, reference material and replicate samples.  Quality control is further assured by the use of international and in-house standards.  Blind certified reference material is inserted at regular intervals into the sample sequence by Cardero personnel in order to independently assess analyti cal accuracy.


About Cardero Resource Corp.


Cardero’s focus through 2010 is to realise the considerable value it believes is locked in its remaining iron ore assets in the Marcona District of southern Peru, the Baja district of Mexico and in Minnesota, USA while continuing to progress its base and precious metal exploration projects in Argentina and Mexico and aggressively seek out and potentially acquire new advanced stage projects.  The common shares of the Company are currently listed on the Toronto Stock Exchange (symbol CDU), the New York Stock Exchange Amex (symbol CDY) and the Frankfurt Stock Exchange (symbol CR5).  For further details on the Company readers are referred to the Company’s web site (www.cardero.com), Canadian regulatory filings on SEDAR at www.sedar.com and United States regulatory filings on EDGAR at www.sec.gov.


On Behalf of the Board of Directors of

CARDERO RESOURCE CORP.


“Hendrik van Alphen” (signed)

Hendrik van Alphen, President


Contact Information:

Quentin Mai, Manager – Corporate Communications & Investor Relations

Email:  qmai@cardero.com

Phone: 1-888-770-7488 (604) 408-7488 / Fax: (604) 408-7499


Cautionary Note Regarding Forward-Looking Statements


This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 27E of the Exchange Act.  All statements, other than statements of historical fact, included herein including, without limitation, statements regarding the potential discovery of mineral deposits at the Company’s Baja IOCG project, the potential for the discovery of bulk-tonnage targets, the potential discovery of economic mineralization, and the timing, cost and nature of future anticipated exploration programs and the results thereof are forward-looking statements.  Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct.  Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those , which, by their nature, refer to future events.  The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward looking statements as a result of various factors, including, but not limited to, variations in the nature, quality and quantity of any mineral deposits that may be located, variations in the market for, and pricing of, any mineral products the Company may produce or plan to produce, the Company’s inability to obtain any necessary permits, consents or authorizations required for its activities, the Company’s inability to produce minerals from its properties successfully or profitably, to continue its projected growth, to raise the necessary capital or to be fully able to implement its business strategies and other risks and uncertainties disclosed in the Company’s annual information form filed with the B.C., Alberta and Ontario Securities Commissions and the annual report on Form 40-F filed with the United States Securities and Exchange Commission (the “SEC”), and other information released by the Company and filed with the appropriate regulatory agencies.  All of the Company’s Canadian public disclosure filings may be accessed via www.sedar.com and its United States public disclosure filings may be accessed via www.sec.gov, and readers are urged to review these materials, including the technical reports filed with respect to the Company’s mineral properties.


This press release is not, and is not to be construed in any way as, an offer to buy or sell securities in the United States.


- 30 -

EX-3 5 exhibit2.htm MATERIAL CHANGE REPORT OF THE REGISTRANT DATED APRIL 27, 2010 Material Change Report of the Registrant dated, April 27, 2010


FORM 51-102F3

MATERIAL CHANGE REPORT



Item 1.

Name and Address of Company


CARDERO RESOURCE CORP. (the “Issuer”)

Suite 1920, 1188 West Georgia Street

Vancouver, B.C.

V6E 4A2


Item 2.

Date of Material Change


April 21, 2010


Item 3.

News Release


The date of the press release issued pursuant to section 7.1 of National Instrument 51-102 with respect to the material change disclosed in this report is April 21, 2010.  The press release was issued in Vancouver, British Columbia through the facilities of the Toronto Stock Exchange, Marketwire, Canada Stockwatch and Market News Publishing.


Item 4.

Summary of Material Change


The Issuer provides an upate on the Baja IOCG Project and reports that drilling has commenced of the San Fernando West target located in Baja California Norte, Mexico.


The Issuer also reports the acquisition of additional shares of International Tower Hill Mines Ltd.


Item 5.

Full Description of Material Change


The Issuer provides an update on the Baja IOCG Project in Baja California Norte, Mexico where drilling on the San Fernando West target area has commenced.  Drilling to date has significantly increased the Issuer’s understanding of the large copper-bearing system and has resulted in a re-prioritization of drill targets on the Western flank the large property.  The best drill results from previous drilling at San Fernando East and Central were located in the extreme west of the original target area and no drilling has ever been completed on the San Fernando West target.  All previous drilling, including holes completed in 2010, vectors to the west and these targets are now being tested for the first time.


This phase of the drill program consists of five drillholes, the first of which has been completed, intersecting more than 100 metres of highly fractured, brecciated and potassic-sodic-calcic altered rocks containing trace copper mineralization.  The remaining drillholes will test a series of multi-element IOCG pathfinder geochemical anomalies (copper-zinc-silver) where surface mapping has highlighted abundant brecciation of the volcanic rocks.  The area is essentially untested with only one drillhole on the eastern fringe of the geochemical-structural anomaly over approximately 3 kilometres strike length.


Baja Iron Oxide-Copper-Gold (IOCG) Belt


Recent structural re-interpretation and analysis has successfully developed multiple bulk-tonnage copper-gold targets on the Issuer’s Baja Iron Oxide-Copper-Gold project.  Previous exploration by Anglo American and the Issuer successfully intersected locally productive and large pervasive IOCG systems at the Picale and San Fernando prospects in addition to identifying several other large copper bearing IOCG targets.


Current exploration drilling is testing the test bulk tonnage copper targets at the San Fernando, San Jose and Santa Maria prospects.


Current Drilling – San Fernando West


An initial drill test within the San Fernando West target area (SF10-024) has been completed and sampled but to date no analysis has been received from the laboratory.  The drillhole is not expected to contain significant copper mineralization, however, the intense alteration and brecciation in the drillhole is encouraging and has provided a new impetus to test the associated geochemical anomalies.


Drillhole SF10-024 intersected massive fine-grained andesitic volcanic rocks, which elsewhere in San Fernando are relatively unaltered and are generally considered poor potential host units.  In the west, the rocks are strongly brecciated (tectonic and hydrothermal) by hydrothermal fluids creating enormous amounts of permeability and space in an area coincident with strong surface soil geochemical anomalies.  Copper and IOCG geochemical anomalies exist over approximately 3,000 metres strike.


Westerly Vectors


Detailed examination and re-interpretation of the historical San Fernando drill core has highlighted a number of clear indicators and vectors towards the western area:


      • The vast majority of holes in the San Fernando Central area intersected significant alteration and trace to moderate copper mineralization.  Drill highlights ranged from 260 to 280 metres at 0.20% to 0.24% copper & 19% iron within which higher-grade intervals occur ranging from 31 to 47 metres at 0.96% to 0.74% copper at San Fernando.
      • Alteration progresses from distal sodic and sodic-calcic alteration in the east and central areas to more proximal potassic alteration in the central and western areas.
      • Sulphide mineralization is present throughout much of the San Fernando area - as is typical of strong IOCG systems - but pyrite and trace chalcopyrite (copper) in the east give way to pyrite and more abundant chalcopyrite (copper), together with higher temperature pyrrhotite sulphides to the west

Therefore, all alteration and mineralization intersected to date vectors to the western area as potentially hosting more significant copper mineralization.


San Fernando Central - 2010


During the current drill program, a total of 7 drillholes have been drilled at San Fernando Central for a total of approximately 2200 metres to test recently defined structural targets.  Drill results, when available and compiled, are not expected to represent a material improvement on previous San Fernando drilling results.  The drillholes continue to intersect minor copper mineralization over significant intervals but no intersections that could be considered potentially economic.  What is significant is the increased understanding of the system and the clear vectors pointing to San Fernando West.


San Jose Drilling - 2010


A series of 5 drillholes have been completed on the previously untested San Jose target, for a total of approximately 1,000 metres, located 25 kilometres north of the main San Fernando target area.  The drillholes were focussed on testing a large Induced Polarization (IP) anomaly.  No analysis has been received from the drillhole sampling to date but visual inspection of the core suggests that the IP anomaly has been adequately explained by barren disseminated pyrite mineralization.  Assuming that the laboratory results are as expected, no further testing will be undertaken in the area and the claims will be relinquished.


Other Targets


A post-doctorate IOCG research specialist from Colorado School of Mines is currently working at the Baja Project - the primary objectives are to provide further interpretation of this frontier IOCG district, which it is hoped will lead to further drill testing on the large property package.


Cardero Acquires Additional ITH shares


The Issuer also announces that it has acquired an additional 1,035,723 common shares of International Tower Hill Mines Ltd., at a cost of CAD 6.00 per share, in the recent non-brokered private placement by ITH completed earlier this month.  The Issuer now holds an aggregate of 4,582,523 common shares of ITH, representing approximately 6.99% of the outstanding common shares.


Qualified Person


EurGeol Dr. Mark D. Cruise, the Issuer’s Vice President-Business Development and a qualified person as defined by National Instrument 43-101, has reviewed the scientific and technical information that forms the basis for this news release.  Dr. Cruise is not independent of the Issuer as he is an employee and shareholder.


The work programs at Baja were designed by, and are supervised by, Keith Henderson, VP Exploration of the Issuer, and Dr. Mark Cruise who together are responsible for all aspects of the work, including the quality control/quality assurance program.  On-site personnel at the project rigorously collect and track samples which are then security sealed and shipped to ALS Chemex Laboratories, Vancouver, for assay. ALS Chemex’s quality system complies with the requirements for the International Standards ISO 9001:2000 and ISO 17025: 1999. Analytical accuracy and precision are monitored by the analysis of reagent blanks, reference material and replicate samples.  Quality control is further assured by the use of international and in-house standards.  Blind certified reference material is inserted at regular intervals into the sample sequence by Cardero personnel in order to indepe ndently assess analytical accuracy.


Cautionary Note Regarding Forward-Looking Statements


This material change report contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 27E of the Exchange Act.  All statements, other than statements of historical fact, included herein including, without limitation, statements regarding the potential discovery of mineral deposits at the Issuer’s Baja IOCG project, the potential for the discovery of bulk-tonnage targets, the potential discovery of economic mineralization, and the timing, cost and nature of future anticipated exploration programs and the results thereof are forward-looking statements.  Although the Issuer believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct.  Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar e xpressions, or are those, which, by their nature, refer to future events.  The Issuer cautions investors that any forward-looking statements by the Issuer are not guarantees of future results or performance, and that actual results may differ materially from those in forward looking statements as a result of various factors, including, but not limited to, variations in the nature, quality and quantity of any mineral deposits that may be located, variations in the market for, and pricing of, any mineral products the Issuer may produce or plan to produce, the Issuer’s inability to obtain any necessary permits, consents or authorizations required for its activities, the Issuer’s inability to produce minerals from its properties successfully or profitably, to continue its projected growth, to raise the necessary capital or to be fully able to implement its business strategies and other risks and uncertainties disclosed in the Issuer’s annual information form filed with the B.C., Alberta and O ntario Securities Commissions and the annual report on Form 40-F filed with the United States Securities and Exchange Commission (the “SEC”), and other information released by the Issuer and filed with the appropriate regulatory agencies.  All of the Issuer’s Canadian public disclosure filings may be accessed via www.sedar.com and its United States public disclosure filings may be accessed via www.sec.gov, and readers are urged to review these materials, including the technical reports filed with respect to the Issuer’s mineral properties.


Item 6.

Reliance on subsection 7.1(2) or (3) of National Instrument 51-102


Not applicable


Item 7.

Omitted Information


No information has been omitted on the basis that it is confidential.


Item 8.

Senior Officer


The following senior officer of the Issuer is knowledgeable about the material change disclosed in this report.


Hendrik Van Alphen, President & CEO

Business Telephone No.:  (604) 408-7488


Item 9.

Date of Report


April 27, 2010


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