Cerro de Pasco Resources Inc. is pleased to announce that on July 18, 2023, it signed a Term Sheet with China Railway N° 10 Engineering Group CO. LTD., providing US$ 12.0M of services to be used for the construction of infrastructure and development of the Santander Pipe Project. In addition, CREC10 will provide contract mining services at the Santander Mine. CREC10 is part of China Railway Group, a major corporate [...]
Cerro de Pasco Resources Inc. is pleased to announce that it has signed a term sheet with Ocean Partners UK Limited, a metals trading firm and Arena Investors, a global asset manager, to provide an aggregate of US$ 12.0M to US$ 15.5M, consisting of a US$ 8.0M loan facility from ARENA and a US$ 4.0M to 7.5M revolving concentrate pre-payment facility from OPUK. In addition, the Company has secured a USD $5.0M term sheet [...]
Cerro de Pasco Resources Inc. closed the last tranche of a non-brokered private placement offering for a gross proceeds of $102,750 and issued 1,027,500 common share units of the Company at a price of $0.10 per Unit, each Unit consisting of one common share and one Common Share purchase warrant . Under the Offering, the Company raised aggregate gross proceeds of $1,106,750. Each Warrant entitles the holder thereof to [...]
In the news release, Santander Mine Exploration and Drilling Campaign Update, issued 19-Jun-2023 by Cerro de Pasco Resources Inc. over PR Newswire, we are advised by the company that in the third bullet of the "highlights" and under the table "La Cuñada Zone " there was a typo on the copper grade. The complete, corrected release follows: Santander Mine Exploration and Drilling Campaign Update MONTRÉAL, June 19, 2023 /CNW [...]
Cerro de Pasco Resources is pleased to report and update on its drilling and exploration campaign at its wholly owned Santander Mine in Peru. HIGHLIGHTS New La Cuñada Zone in the Santander Pipe. The zone starts at the surface of the historic open pit down to the bottom of the pit, and then continues downward to the historic underground operation at level 4220. Positive results were achieved from recent relogging and [...]
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 $1,004,000. CDPR issued 10,040,000 units of the Corporation at a price of $0.10 per Unit, each Unit consisting of one common share and one Common Share purchase warrant. Each Warrant entitles the holder thereof to purchase one Common Share at an exercise price [...]
Cerro de Pasco Resources Inc. is pleased to announce selected first quarter 2023 financial and operating results. The Company's Financial Statements and Management's Discussion & Analysis of $1.62, and AISC $1.96 per pound of zinc produced remain in-line with the Company's projections; AISC was influenced by Pipe project capital expenditures including, exploration, new pumping & power infrastructure, project studies and [...]
Cerro de Pasco Resources Inc. is pleased to announce its intention to complete a non-brokered private placement offering of up to 10,000,000 units of the Corporation at a price of $0.10 per Unit for aggregate gross proceeds of up to $1,000,000. Each Unit will be comprised of one common share in the capital of the Corporation and one Common Share purchase warrant . Each Warrant will entitle the holder thereof to purchase [...]
Cerro de Pasco Resources Inc. is pleased to announce selected financial information and production results for the fourth quarter and year ended Dec 31. The Company's consolidated financial statements for the year ended Dec 31, 2022, and Management Discussion and Analysis thereon can be viewed under the Company's profile. Production results are from the Company's wholly owned Santander Mine , located in Peru. All amounts [...]
Cerro de Pasco Resources Inc. announces it has filed on SEDAR an independent Preliminary Economic Assessment for its brownfield Pipe Project . The Project forms a strategic cornerstone for CDPR's 100% owned Santander Mine, located in central Peru. The PEA report is entitled "NI 43-101 Technical Report Cerro de Pasco Resources Preliminary Economic Assessment Santander Pipe Deposit, Huaral, Lima, Peru", dated April 11th [...]
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 $2,519,500. CDPR issued 25,195,000 units of the Corporation at a price of $0.10 per Unit, each consisting of one common share and one Share purchase warrant. Each Warrant entitles the holder thereof to purchase one Common Share at an exercise price of $0.25 per [...]
Cerro de Pasco Resources Inc. is pleased to announce its intention to complete a non-brokered private placement offering of up to 20,000,000 units of the Corporation at a price of $0.10 per Unit for aggregate gross proceeds of up to $2,000,000. Each Unit will be comprised of one common share in the capital of the Corporation and one Common Share purchase warrant. Each Warrant will entitle the holder thereof to purchase [...]