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Cerro De Pasco Resources Inc C.CDPR

Alternate Symbol(s):  GPPRF

Metals & Mining Industrial Metals & Minerals
Cerro de Pasco Resources Inc. is a Canada-based company, which is focused on the development of its principal 100% owned asset, the El Metalurgista mining concession, comprising silver-rich mineral tailings and stockpiles extracted from the Cerro de Pasco open pit mine in Central Peru. The Company’s approach at El Metalurgista entails the reprocessing and environmental remediation of mining waste and the creation of numerous opportunities in a circular economy. The El Metalurgista mining concession (95.74 hectares (ha)) incorporates mineral rights covering 57 ha of the Quiulacocha Tailings Storage Facility (TSF). Its Quiulacocha is a large TSF (surface area 114 ha) located to the south-west of the Raul Rojas pit. It also holds a 100% interest in the El Metalurgista mining concession (95.74 ha) incorporating mineral rights covering approximately 35 ha of the Excelsior Stockpile. The Excelsior Stockpile covers a surface area of 67.92 ha and contains over 70 metric tons of broken rock.
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CSE:CDPR - Post by User

Cerro De Pasco Resources Inc > Surprised and disappointed 😞
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Comment by BueBoyon Jun 18, 2024 3:58pm
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Post# 36094684

RE:RE:Surprised and disappointed 😞

RE:RE:Surprised and disappointed 😞
WarrantOfficer wrote: CDPR was recently awarded a long-waited easement enabling it to begin development of its Quiulacocha Project. The Project comprises the reprocessing of 75 million tons of tailings extracted from the legendary Cerro de Pasco mine between 1902 and 1992. Historical reports and metallurgical balances obtained by the CDPR show the tailings to contain around 458M ounces of silver equivalent across Ag, Cu, Zn and Pb. In addition, there is evidence of a significant presence of critical metals such as germanium, tellurium, indium and gallium. Mining cost per unit is expected to be the lowest in the industry as the material is on the surface. Studies will assume reprocessing at adjacent processing plants that have current capacity to treat at least 17.5K tons per day.

This project should turn out to be a cash cow for CDPR.


Agree, but meanwhile we have determined seller.
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