Cardero Resource Corp Announces that Nanjinzhao Makes Early USD 2 Million Payment

Second Payment of USD 10 Million on Schedule

Cardero Resource Corp. ("Cardero" or the "Company") - (TSX: CDU)(NYSE Alternext US: CDY)(FRANKFURT: CR5) is pleased to provide an update on the sale of Pampa de Pongo iron ore deposit to Nanjinzhao for USD 200 million. Nanjinzhao will commence engineering assessment work immediately and have made an early payment of USD 2 million in consideration of Cardero's cooperation. This work will allow the Nanjinzhao's permitting application to be submitted more quickly. The due dates for the remaining payments of USD 10 million and USD 188 million remain unchanged.

Quadra Mining Ltd. to Acquire Centenario Copper Corporation

Quadra Mining Ltd. ("Quadra" or the "Company") (TSX:QUA) and Centenario Copper Corporation ("Centenario") (TSX:CCT) are pleased to announce that they have entered into a definitive agreement whereby Quadra is expected to acquire, by Plan of Arrangement, all of the issued and outstanding common shares of Centenario at an exchange ratio of 0.28 Quadra common shares for each whole Centenario common share (the "Transaction"). The consideration to Centenario's shareholders represents approximately a 6.6% premium on the 20-day volume weighted average trading price of both companies on the TSX and approximately a 12.9% premium over Centenario's closing price as at February 6th, 2009.

Centenario Copper Announces Highlights of New Mine Plan

Centenario Copper Corporation ("Centenario", or the "Company") (TSX: CCT) announces the highlights from a new mine plan (the "New Mine Plan"), which integrates an oxide starter pit from the China deposit into the existing Franke mine plan. The China deposit is located within the Pelusa Property and is 6 km from the Franke processing plant. China ore will be trucked to the Franke plant for processing, with only minor modifications required to the existing plant. A NI 43-101 compliant Technical Report (the "Integrated Technical Report") will be filed on SEDAR and on the Company's web site within 45 days of this release.

The technical information contained herein reflects Centenario's plans relating to the optimal mining sequence and other operational and capital considerations relating to the Franke project.

Lundin Mining Closes Sale of Aljustrel Mine

Lundin Mining Corporation (Toronto:LUN)(NYSE:LMC)(OMX: LUMI) ("Lundin Mining" or the "Company") reports that the previously announced sale of its subsidiary Pirites Alentejanas SA ("PA"), owner of the Aljustrel Mine in Portugal, has closed.

All requisite regulatory approvals have been received and the Company has no further responsibility for the Aljustrel Mine.