Pasco Provincial Municipality Meeting The Advantages of Reprocessing Tailings and Environmental Remediation
CSE:CDPR
Pasco Provincial Municipality Meeting
The Advantages of Reprocessing Tailings and Environmental Remediation
MONTREAL, QUÉBEC , CANADA — (September 5, 2019) Cerro de Pasco Resources Inc. (CSE: CDPR)
(OTCMKTS: GPPRF) (Frankfurt: N8HP) (“CDPR”, or the “ Corporation“) reports that the Provincial Mayor
of Pasco, Marco De La Cruz invited CDPR to present the merits of reprocessing tailings and mineral waste
together with environmental remediation. The initiative coincided with strong expectation that the CDPR
project will begin soon and subsequently lead to major investments in Cerro de Pasco.
The Provincial Municipality meeting took place on August 27, 2019 at Cerro de Pasco and was hosted by
the Provincial Mayor of Pasco. Th e meeting was also attended by the Mayor of the District of Simon
Bolivar, Pablo Valentin Malgarejo, as well as the Mayor of the District of Paragsha, Jaime Zalada and
leaders from the local community of Quiulacocha, Miguel Baldeon Hermitano and his Board of Directors,
as well as journalists and members of the general public.
CDPR took the opportunity to invite Professor Bernhard Dold, a leading scientist from the University of
Lulea, Sweden, in the field of sustainable mining, to explain the benefits and philosophy of reprocessing
mineral waste . Professor Dold who has committed many years of research in Cerro de Pasco itself,
presented how it is possible to recover minerals from discarded waste accumulated over many years. He
explained that waste deposits contain a variety of elements such as zinc, copper, lead, silver, gold and
critical elements that can be readily recovered today using up -to-date technology and me thods. He
emphasized that the grade of mineral present in mine waste can be higher than grades available in many
primary mines throughout the world and as such should in many cases be explored and classified as
mineral resources and not waste . Furthermore, Professor Dold shared his philosophy on sustainable
mining practices through the goal of achieving zero waste, long term future mine planning, long term
urban planning and creation of a circular economy. In the same context he also explained how discarded
pyrite could be used for the generation of heat and inert materials for building material products.
During the meeting, Manuel Rodriguez Mariategui, Executive Director of C DPR responded to many
questions raised by participants relating to project timing, technologies to be applied, number of
employees and duration. He thanked the local leaders and members of the Quiulacocha community for
their commitment to the project and confirmed that documentation for permits and surrounding tailings
areas submitted to the Ministry of Energy and Mines is moving forward. When asked about the
Corporation’s action with regard to the existing processing and milling facilities he declined to respond
for the time being, in view of the restrictions related to a confidentiality agreement.
CDPR Senior management states: “We are happy to have engaged in this constructive dialogue with the
local stakeholders. CDPR’s goal is to be fully transparent and informative regarding all our efforts. The
local stakeholders are clearly as excited as we are to open a new chapter in history of Cerro de Pasco. We
are now more confident than ever that the local authorities and communities understand and support
our project and initiatives aimed at making Cerro de Pasco great again.”
Cerro de Pasco Resources Inc.
Cerro de Pasco Resources Inc. is a resource management company attuned to the most demanding
environmental, social and legal compliance required by global institutions and investors. The key strategic
strength of the Corporation is an unparalleled knowledge of the challenges and opportunities presented
by the minerals endowment within the city of Cerro de Pasco combined with a highly experienced and
practical team of both Peruvian and international management. The key focus of the Corporation will be
on developing the El Metalurgista mining concession using advanced geo-resource and industrial
development solutions in order to secure long-term economic operational sustainability in harmony with
a healthy and prosperous local population.
Forward-Looking Statements and Disclaimer
Certain information contained herein may constitute “forward -looking information” under Canadian securities
legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such
as, “will be”, “expected” or variations of such words and phrases or statements that certain actions, events or results
“will” occur. Forward -looking statements ar e based on the Corporation’s estimates and are subject to known and
unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or
achievements of the Corporation to be materially different from those ex pressed or implied by such forward-looking
statements or forward -looking information. There can be no assurance that such statements will prove to be
accurate, as actual results and future events could differ materially from those anticipated in such state ments.
Accordingly, readers should not place undue reliance on forward -looking statements and forward -looking
information. The Corporation will not update any forward -looking statements or forward -looking information that
are incorporated by reference herein, except as required by applicable securities laws.
Contact Information
Cerro de Pasco Resources Inc.
Guy Goulet, President and CEO
Tel.: 579 476-7000
Email: [email protected]