| Announcement Date: | 2023-02-21 |
|---|---|
| Announcement Type: | PEA |
| Announcement Code: | NI43-101 |
| Company name: | Cerro de Pasco Resources Inc. |
| Project name: | Santander |
| Location: | Peru |
| Commodities: | Silver,Copper,Lead,Zinc |
| Highlight: | PEA result incl. Post Tax NPV (6%) of USD $31.2M & IRR of 25.1% |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | MONTRÉAL, CANADA – (February 21, 2023) Cerro de Pasco Resources Inc. (CSE: CDPR) (OTCMKTS: GPPRF) (Frankfurt: N8HP) (“CDPR” or the “Company”) is pleased to announce the results of the Preliminary Economic Assessment (“PEA”) for its brownfield Pipe Project (“the Project” or “the Santander Pipe”). The Project forms a strategic cornerstone for CDPR’s 100% owned Santander Mine, located in central Peru. A NI 43-101 technical report will be filed on SEDAR and will be available on the Company’s website within 45 days. All dollar amounts are in US dollars, unless otherwise noted. |
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