51% Interest Earned In Perseverance Porphyry Copper Project

VANCOUVER - Sarah Armstrong-Montoya, President and Chief Executive Officer of Cordoba Minerals Corp. announced, “The Company has achieved the minimum project expenditure requirement for the Phase 2 earn-in through the Perseverance Joint Venture Agreement, and now has vested a 51% interest in the Project. Under a joint venture agreement with Bell Copper Corporation, Cordoba has the option to earn up to an 80% interest in Perseverance by spending a total of C$17,000,000 over a 7.5 year period by completing the phased project expenditures (refer to Cordoba's news release dated August 27, 2018). With the completion of the Phase 2 stage, Cordoba is now in the Phase 3 of the Agreement with the option to earn its interest up to 70% in the Project by April 24, 2024. Cordoba could earn up to an 80% interest in the Project by completing the Phase 4 earn-in requirement by April 24, 2026. We are glad to achieve the Phase 2 earn-in requirement for the Perseverance Joint Venture Agreement," commented Ms. Armstrong-Montoya, President and CEO of Cordoba. "We look forward to continue exploring the great geological potential at Perseverance."