Cerro de Pasco finds high-grade silver, zinc, lead, gold, gallium in Peru

From GlobeNewswire: 2025-03-19 07:40:00

Cerro de Pasco Resources Inc. reports high-grade silver, zinc, lead, gold, and gallium in Peru’s Quiulacocha Tailings Project. Drill results show average grades exceeding 50 g/t for both silver and gallium, with some holes reaching up to 141 g/t. The presence of gallium is crucial for high-tech and renewable energy industries.

Thicker layers of copper-silver-gold tailings were found in the central part of the drilled area. Results indicate up to 0.62% copper, 1.34 g/t gold, and 168 g/t silver. Gallium concentrations are also significant, with some holes intersecting an average of 86 g/t.

The Quiulacocha Tailings Storage Facility, covering 115 hectares, holds approximately 75 million tonnes of material from past mining. These tailings include copper-silver-gold mineralization with historical grades of up to 10% Cu, 4 g/t Au, and over 300 g/t Ag, as well as zinc-lead-silver material with average historical grades of 7.41% Zn, 2.77% Pb, and 90.33 g/t Ag.

CDPR’s geophysical studies in the dry areas of the Quiulacocha Tailings revealed depths ranging from 20 to over 40 meters. The company aims to reprocess mining waste, restore the environment, and create job opportunities in a circular economy approach.

All samples from the drilling campaign have been transported to Lima for analysis. The samples are being tested at the Inspectorate Services Lab in Lima, with plans for advanced metallurgical testing. The results are derived from multi-element ICP, Atomic Absorption, and Fire Assay methods.

Mr. Alfonso Palacio Castilla, a Qualified Person, reviewed the technical information in this release. CDPR is committed to developing the El Metalurgista concession in Peru, focusing on reprocessing mining waste to create economic benefits and environmental remediation opportunities. For further information, contact CEO Guy Goulet.

Forward-looking statements in this release are subject to known and unknown risks and uncertainties that may cause actual results to differ from expectations. CDPR’s management remains optimistic about the drilling program’s success and the company’s growth. The company is focused on expanding its operations and realizing its business objectives.



Read more at GlobeNewswire: Cerro de Pasco Reports Final Quiulacocha Assays, Confirming