Sarah Armstrong-Montoya, President and Chief Executive Officer of Cordoba Minerals Corp. announced that Cordoba and Bell Copper Corporation have agreed to amend the Perseverance Joint Venture and Earn-in Agreement, of which Cordoba has vested a 51% interest in the Perseverance Porphyry Copper Project in Arizona, USA. Under the Amended Joint Venture Agreement, the current earn-in phase for Cordoba has been adjusted to spend CAD 14,200,000 by April 24, 2026 for the option to earn an 80% interest in the Perseverance Project.

This adjusted project expenditure of CAD 14,200,000 reflects the combination of the Phase 3 and Phase 4 earn-in spending requirements in the original Agreement, and with additional project expenditures of CAD 1,200,000 for amending the Agreement. The timing for Cordoba to have the option to earn the 80% project interest in Perseverance remains the same, but it is now accomplished by earning straight into the 80% project interest by April 24, 2026 rather than via two earn-in phases in the original Joint Venture Agreement.