03:33 PM EST - Cardero Resource Corp. : announced receipt of further reverse circulation drill results from Phase I Ferricrete (detrital iron) drilling at the Company's Sheini Hills Iron Project, in northeastern Ghana. Best intersections include: RC Hole 50; 11 metres from surface, grading 43.80% Iron; RC Hole 52; nine metres from surface, grading 40.68% Iron; RC Hole 53; eight metres from surface, grading 43.21% Iron; RC Hole 57; eight metres from surface, grading 42.36% Iron. Cardero Resource Corp.
shares T.CDU are trading down $0.01 at $0.80.
