MONTRÉAL, Oct. 15, 2024 -- Cerro de Pasco Resources Inc. is pleased to report that its 40-hole, Phase 1 drilling program at the Quiulacocha Tailings Project is now nearing completion. Key Highlights Drillhole SPT04 intersected 19 meters at 1.91 Oz/t Ag, 1.80% Zn, 0.77% Pb, 0.07% Cu and 0.07g/t Au. The metal grades from SPT04 are higher than the shallow auger samples reported by Brophy on the north and central portions of [...]
MONTRÉAL, Sept. 26, 2024 -- Cerro de Pasco Resources Inc. is pleased to announce the closing of a non-brokered private placement of 20,000,000 units of the Corporation at a price of $0.15 per Unit, for total gross proceeds of $3,000,000 . The Corporation is pleased to announce that Eric Sprott, through 2176423 Ontario Ltd., subscribed for the entire Offering, thereby significantly increasing his stake in CDPR. "We are [...]
Cerro de Pasco Resources Inc. is pleased to announce the results of its annual meeting of shareholders held on September 17, 2024 . AGM Results All resolutions put to vote at the Meeting passed with 99% or higher approval from the votes cast. The Corporation elected eight directors to its board, namely, John Booth, Frank Hodgson, Manuel Lizandro Rodriguez, Steven Zadka, Eduardo Loret de Mola, René Branchaud, Guy Goulet [...]
Cerro de Pasco Resources Inc. today announced that it has entered into a share purchase agreement with FIC03 Fondo de Inversión Privado , a Peruvian investment company controlled by Finanzas e Inversiones Corporativas . FIC specializes in managing alternative and distressed investments across various industries. Under the Agreement, the Company has agreed to sell its Santander Mine in Peru to FIC03 . Guy Goulet, CEO [...]
MONTRÉAL, Aug. 27, 2024 -- Cerro de Pasco Resources Inc. is pleased to inform that it has received the required authorization for the Initiation of Exploration Activities from the Peruvian Ministry of Energy and Mines. This represents the first-ever such authorization to be granted in Peru for a new mining exploration project within a tailings storage facility. Accordingly, the Company is now installing its first drill [...]
MONTRÉAL, Aug. 12, 2024 -- Cerro de Pasco Resources Inc. is pleased to confirm that further to the management cease trade order granted by its principal regulator, the Autorité des marchés financiers on July 30, 2024, it has completed on August 12, 2024 the filing of its audited consolidated financial statements, its management's discussion and analysis and related officer certifications for the financial year ended March [...]
Cerro de Pasco Resources Inc. announces that it has applied to the Autorité des marchés financiers , as the principal regulator of the Company, and expects to be granted a management cease trade order on July 29, 2024, pursuant to Policy Statement 12-203 Respecting Management Cease Trade Orders . Under the MCTO, the Company's Chief Executive Officer , Chief Financial Officer and directors may not trade in securities of [...]
MONTRÉAL, July 09, 2024 -- Cerro de Pasco Resources Inc. is pleased to announce the closing of its previously announced non-brokered private placement, for total aggregate gross proceeds of $3,298,000 . CDPR issued 32,980,000 units of the Corporation at a price of $0.10 per Unit, each consisting of one common share and one Common Share purchase warrant . Each Warrant entitles its holder to purchase one Common Share at an [...]
MONTRÉAL, July 08, 2024 -- Cerro de Pasco Resources Inc. is pleased to announce the closing of its previously announced non-brokered private placement, for total aggregate gross proceeds of $3,298,000 . CDPR issued 32,980,000 units of the Corporation at a price of $0.10 per Unit, each consisting of one common share and one Common Share purchase warrant . Each Warrant entitles its holder to purchase one Common Share at an [...]
MONTRÉAL, June 27, 2024 -- Cerro de Pasco Resources Inc. is pleased to inform that, following the publication of the Supreme Resolution on May 24, 2024, which granted CDPR the landmark Legal Easement, the Company has now completed the formalities related to the administrative procedure and is on track to start drilling in the coming weeks. Formalities have included the payment of approximately US$ 1 million into the [...]
Cerro De Pasco Resources CEO Guy Goulet joined Steve Darling from Proactive to share significant news about the company's progress. Cerro De Pasco Resources has been granted a long-awaited Land Easement via Supreme Resolution, which provides access to the surface areas corresponding to its wholly owned El Metalurgista Concession and Quiulacocha Tailings Project. This easement marks a major milestone for the company as it [...]
MONTRÉAL, May 28, 2024 -- Cerro de Pasco Resources Inc. is delighted to confirm that the Company has been granted a long awaited Land Easement via Supreme Resolution , providing access to the surface areas corresponding to its wholly owned El Metalurgista Concession and Quiulacocha Tailings Project , where the Company will perform its exploration drilling campaign, marking a major milestone for the Company. The [...]