Cerro de Pasco Resources Announces Consolidated Assays of the Drilling Campaign at Quiulacocha Tailings Project, Confirms High-Grade Mineralization, including Significant Gallium Concentrations

About this update from Cerro De Pasco Resources, Inc.

[{"type":"text","content":"Cerro de Pasco Resources Announces Consolidated Assays of the Drilling Campaign at Quiulacocha Tailings Project, Confirms High-Grade Mineralization, including Significant Gallium Concentrations\n\n\n\n MONTREAL, April 09, 2025 (GLOBE NEWSWIRE) -- Cerro de Pasco Resources Inc. (TSX.V: CDPR) (OTCQB: GPPRF) (FRA: N8HP) (“CDPR” or the “Company”) is pleased to announce the consolidated assay results from its drilling campaign at the Quiulacocha Tailings Project in Central Peru. The 40-hole drilling campaign, comprising assays over a 300 x 1,000-meter area (Figure 1), has confirmed high-grade intersections of silver (Ag), zinc (Zn), lead (Pb), copper (Cu), and gold (Au), while also revealing significant concentrations of gallium (Ga), a critical metal with growing strategic importance due to recent geopolitical developments.\n \n\n\n Key Highlights\n \n\n\n\n\n Grade Consistency:\n \n Assays show grade consistency at both depth and laterally across the drilled area, enhancing confidence in the project's resource potential (Figure 2), with gallium, lead, copper and gold concentrations increasing in the southern section.\n \n\n\n High-Grade Mineralization\n \n : The drilling program consistently intersected elevated grades of silver, zinc, lead, and gallium. The average grade across all samples was 5.5 oz/t AgEq\n \n 1\n \n , including 1.7 oz/t (52 g/t) Ag, 1.5% Zn, 0.9% Pb, and 53 g/t Ga (Table 1 and Table 2).\n \n\n\n Strategic Gallium Discovery\n \n : Gallium, a critical metal used in advanced electronics and renewable energy technologies, was identified throughout the tailings, with grades increasing towards the south and 9% of samples exceeding 100 g/t Ga.\n \n\n\n Significant Pyrite Potential\n \n : Based on historical mineralogical reports and current core logging, pyrite constitutes approximately 50% of the tailings and may represent a valuable by-product.\n \n\n\n Mineralogical and Metallurgical studies\n \n are underway to confirm metal recoveries and will investigate gallium and pyrite’s potential to add significant value to the project.\n \n\n\n\n “The successful completion of this drilling campaign marks a significant milestone for Cerro de Pasco Resources,” said Guy Goulet, CEO. “We are thrilled with the assay results, which not only conf...

More updates from Cerro De Pasco Resources, Inc.