Cerro de Pasco reports positive assay results for Quiulacocha Tailings Project in Peru
From GlobeNewswire: 2024-12-18 07:30:00
Cerro de Pasco Resources Inc. reports assay results for seven drill holes from the Quiulacocha Tailings Project in Central Peru. Highlights include high silver-zinc-lead content in the northern section of the deposit. The results exceed initial projections, especially regarding silver continuity and grade, with gallium presenting a significant upside. Metallurgical testing and future studies are planned.
The drill program, conducted by Ingetrol Comercial S.A.C. and ConeTec Peru, involved 40 drill holes completed before the rainy season. Over 1,000 samples were collected and transported to the laboratory for analysis. The samples are stored in freezer containers to prevent oxidation and ensure sample integrity.
The laboratory testing at the Inspectorate Services Lab in Lima includes a combination of ICP, Atomic Absorption, and Fire Assay methods for multi-element detection. Quality Assurance and Quality Control measures are in place to maintain sample integrity and accuracy in geochemical analyses.
CDPR has completed Phase 1 of geophysical studies at the Quiulacocha Tailings, indicating depth readings ranging from 20 to over 40 meters in dry areas. The Tailings Storage Facility covers approximately 115 hectares and holds an estimated 75 million tonnes of material from past mining operations.
Cerro de Pasco Resources aims to reprocess mining waste and promote environmental remediation at the Quiulacocha Project. With minimal mining costs and current reprocessing capacity, the project is set to provide economic benefits, restore the environment, and create employment opportunities in Peru.
Mr. Alfonso Palacio Castilla, a Qualified Person for CDPR, reviewed the technical information in compliance with NI 43-101 standards. CDPR’s focus on the El Metalurgista mining concession involves the reprocessing of silver-rich mineral tailings from the Cerro de Pasco mine for environmental remediation and circular economy opportunities.
Read more at GlobeNewswire: Cerro de Pasco Resources Reports Additional Results from