Cerro de Pasco Resources Inc. is pleased to announce the results of a Mineral Resource estimate for the Santander Project Magistral and Pipe deposits, in Huaral, Department of Lima, Peru, prepared in accordance with Canadian Institute of Mining, Metallurgy and Petroleum Definition Standards for Mineral Resources and Mineral Reserves, adopted by the CIM Council on May 10, 2014. The Technical Report entitled "Cerro de Pasco [...]
Cerro de Pasco Resources Inc. is pleased to announce that CDPR and Prof Dr Bernhard Dold have incorporated a German company, H2-SPHERE GmbH, to develop large-scale conversion of mineral waste to green hydrogen and other valuable components, beyond metals. Under the terms of incorporation, CDPR owns 80% of share capital and commits to fund future development led by Prof Dr Dold. In line with the company's ongoing [...]
Cerro de Pasco Resources Inc. is pleased to announce that the Company has completed the acquisition from Trevali Mining, of the Santander Mine, located approximately 215 kilometres northeast of Lima and comprising an underground mine, a 2,000-tonne-per-day processing mill, a conventional sulphide flotation mill, and associated infrastructure. Guy Goulet, CEO of CDPR commented: "We remain highly focused, in line with our [...]
Cerro de Pasco Resources Inc. announces an upcoming Conference call with management with the purpose of providing a general update and discussion of the Company's recent developments and near-term plans. The Conference call will be hosted by Guy Goulet and Neil Ringdahl on Thursday, November 18, 2021, at 10:00a.m. Eastern Standard time : Participants will be able to ask questions. A webcast of the conference call will be [...]
Cerro de Pasco Resources Inc. announces a correction to its press release titled "Cerro de Pasco Resource to Acquire Trevali's Santander Mine" disseminated on November 8, 2021 at 7:01 a.m. . The Initial Press Release incorrectly described conditions subject to which 10 million shares of CDPR will be issued as consideration under the share purchase agreement entered into with Trevali Mining Corporation . The Initial Press [...]
Cerro de Pasco Resources Inc. is very pleased to announce that the Company has entered into a share purchase agreement with Trevali Mining, pursuant to which it will acquire Trevali's Santander Mine, located approximately 215 kilometres northeast of Lima, Peru and comprising an underground mine, a 2,000-tonne-per-day processing mill, a conventional sulphide flotation mill, and associated infrastructure. The Santander Mine [...]
Cerro de Pasco Resources Inc. reports that an environmental impact declaration for the Quiulacocha tailings deposit located in the Simon Bolivar District of Pasco, Peru was approved through resolution RD N° 157 - 2021/MINEM-DGAAM by the Peruvian Ministry of Energy and Mines on August 3, 2021. In addition to the environmental permit, CDPR also recently obtained the technical approval of the National Water Authority through [...]
Cerro de Pasco Resources Inc. announces that it has entered into an amended and restated agreement to increase the capital amount under an existing convertible loan financing from $1,000,000 to $1,500,000 . For details regarding the Original Loan, please refer to the press release of the Company dated October 16, 2020. The Loan is repayable in one year with interest at 10% per year. The Loan will be used for general [...]
Cerro de Pasco Resources Inc. is pleased to announce that, further to its news release of April 7, 2021 April 8, 2021 and April 27, 2021, the Company has closed the final and oversubscribed tranche of the non-brokered private placement. In connection with the closing of the final tranche, the Company issued 2,064,429 Units at $0.35 per Unit for gross proceeds of $722,550. Under the different tranches of the Offering, the [...]
Cerro de Pasco Resources Inc. is pleased to announce that it has closed a second tranche of its previously announced non-brokered private placement offering. In connection with the closing of the initial tranche, the Company issued 3,022,128 units at a price of $0.35 per Unit for gross proceeds of $1,057,745. Each unit consists of one common share of the Company and one-half of one common share purchase warrant . Each [...]
Cerro de Pasco Resources Inc. is pleased to announce that its common shares are now eligible for electronic clearing and settlement through the Depository Trust Company. DTC is a subsidiary of the Depository Trust & Clearing Corp. that manages the electronic clearing and settlement of publicly traded companies in the United States. CDPR's common shares are now fully DTC eligible and will continue to trade under the ticker [...]
Cerro de Pasco Resources Inc. is pleased to announce that it has closed an initial tranche of its previously announced non-brokered private placement offering. In connection with the closing of the initial tranche, the Company issued 3,395,000 units at a price of $0.35 per Unit for gross proceeds of $1,188,250. Each Unit consist of one common share of the Company and one-half of one common share purchase warrant . Each [...]