Cerro De Pasco Resources, Inc. (TSE:CDPR) has released an update.
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Cerro de Pasco Resources Inc. has successfully raised the necessary funds to secure an easement, which will allow the company to begin a 40-hole drilling campaign at its El Metalurgista Concession and Quiulacocha Tailings Project in Peru. The company has met all legal requirements under Peruvian law and anticipates no further delays, with a ministerial endorsement suggesting imminent approval. The Quiulacocha Tailings are estimated to contain 75 million tonnes of historical processing residues rich in copper, silver, gold, zinc, lead, and silver.
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