Mr. Sarah Armstrong-Montoya reports

CORDOBA MINERALS ANNOUNCES NEW BOARD APPOINTEES & CHANGES TO MANAGEMENT TEAM

Cordoba Minerals Corp. has appointed new members to the company's board of directors.

The company welcomes Mark Gibson and Glen Kuntz to the Cordoba board.

Mr. Gibson is well known to the Cordoba board, having been integral to the Alacran project feasibility study and earlier studies. Mr. Gibson has served as Ivanhoe Electric's chief geophysics officer since July, 2023, and also served the function of Ivanhoe Electric's chief operating officer from April, 2021, to July, 2023. He has served as chief operating officer of Cordoba since August, 2017. Mr. Gibson has more than 33 years of wide-ranging experience as a geoscientist and manager in the natural resources sector. Mr. Gibson joined HPX (Ivanhoe Electric's predecessor) in 2011 as the company's founding executive and was instrumental in HPX's strategic partnership with Cordoba in 2015.

Mr. Kuntz has served as Ivanhoe Electric's senior vice-president, mine development, since November, 2022, and prior to that was Ivanhoe Electric's chief technical and innovation officer since January, 2022. Mr. Kuntz is a professional geologist and mining executive with over 30 years of experience focused on exploration, development and operations, technology, and studies across a variety of commodities and mining methods throughout the Americas, Africa and Australia. Prior to joining the company, Mr. Kuntz was a consulting specialist at Nordmin Engineering since March, 2018, and before that a director of exploration projects at Yamana Gold Inc. from 2015 to 2018. Mr. Kuntz has been extensively involved in the technical work on the Alacran project, including the feasibility study.

Additionally, Gustavo Zulliger, has stepped down as the company's vice-president, exploration, to pursue other opportunities.

"We welcome our two new directors to the board," commented Sarah Armstrong-Montoya, president and chief executive officer of Cordoba. "Both gentlemen have considerable knowledge of the Alacran project and will be invaluable in its next phase of development. We would also express our sincere appreciation to Mr. Zulliger for his years of commitment and hard work on behalf of the company and wish him all the best in his next endeavours."