Ms. Sarah Armstrong-Montoya reports

CORDOBA MINERALS AWARDS US$19 MILLION DETAILED DESIGN ENGINEERING CONTRACTS FOR FLAGSHIP ALACRAN PROJECT IN COLOMBIA

Cordoba Minerals Corp. has granted the awards of the detailed design engineering contracts for the Alacran project in Colombia.

Cordoba has awarded JCHX Mining Management Co. Ltd. (JCHX), a $15.8-million (U.S.) contract for the detailed engineering design and procurement of the processing and on-site facilities at the Alacran project. In addition, detailed engineering design for the open-pit mine has awarded to consulting engineering firm, BBA, for $1.3-million (U.S.), and detailed engineering design for the waste and water management facility has awarded to Knight Piesold Consulting for $1.9-\million (U.S.). The work program is expected to commence in August, 2024.

"We look forward to kicking off the detailed engineering design process next month with the selected engineering groups. JCHX has a proven track record in mine development and construction, and their familiarity with the company and the Alacran project as both a cornerstone investor and a reliable joint venture partner has made it a logical decision for them to lead the program. BBA and Knight Piesold were instrumental in delivering the robust 2023 feasibility study for Alacran," commented Ms. Sarah Armstrong-Montoya, president and chief executive officer of Cordoba. "We have confidence in their capacities and experience to advance the Alacran project towards the construction stage, which is anticipated to commence next year."

About Cordoba Minerals Corp.

Cordoba Minerals is a mineral exploration company focused on the exploration, development and acquisition of copper and gold projects. Cordoba is jointly developing the Alacran project with JCHX Mining Management Co. Ltd., located in the department of Cordoba, Colombia. Cordoba also holds a 51-per-cent interest in the Perseverance copper project in Arizona, United States, which it is exploring through a joint venture and earn-in agreement.

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