The field program includes resource definition drilling, engineering studies and environmental baseline studies at Carbon Creek which is located in the Peace River coal field of north eastern British Columbia.

A preliminary economic assessment is also in progress and is expected to be completed in the fourth quarter of this year.

Cardero has obtained regulatory permits for the commencement of its 2011 field program, which will include about 14,000m of core (46 holes) and rotary (19 holes) drilling.

According to the company, the 2011 program is designed to upgrade all deposit-related data to full feasibility level.

Cardero recently received a NI 43-101 resource estimate from Norwest Corporation on the Carbon Creek deposit which outlines 114 million tonnes of measured and indicated, plus an additional 89.1 million tonnes of inferred coal with an ASTM coal rank of mvB.