202610 releases
Cerro de Pasco Resources Acquires the Remaining Quiulacocha Tailings and Secures Surface Rights, Consolidating 100% of the Tailings
Cerro de Pasco Resources has signed definitive agreements with AMSAC, a Peruvian state-owned company, for the Quiulacocha tailings, including the portion outside its El Metalurgista concession, plus a usufruct of up to 30 years over about 123 hectares of land. The company paid US$6.65 million at closing, which took place on October 20, 2026, and the Transaction remains subject to TSXV acceptance.
AcquisitionCerro de Pasco Resources Awarded the Quiulacocha Tailings in AMSAC Public Bidding Process
Activos Mineros S.A.C. (AMSAC) awarded Public Auction No. 001-2026-AMSAC to subsidiary Cerro de Pasco Resources del Perú S.A.C. on October 12, 2026, covering transfer of the tailings held in the Quiulacocha Tailings Storage Facility (liability ID No. 6752, district of Simón Bolívar, Pasco, Peru) for economic reprocessing. The award remains subject to execution of definitive agreements with AMSAC, expected in the coming days. Once executed, the Company expects to hold the mineral and surface rights, consolidating these with its 100%-owned El Metalurgista concession.
CorporateCerro de Pasco Resources Announces AGM Results
All matters put to shareholders at Cerro de Pasco Resources' Annual General Meeting, held September 30, 2026, were approved, with 345,835,894 common shares representing 52.06% of issued and outstanding shares represented in person or by proxy. Eight directors were elected — John G. Booth, René Branchaud, John S. Carr, Guy Goulet, Frank Hodgson, Manuel Lizandro Rodriguez, Lara J.T. Smith and Steven Zadka — each with at least 85% of votes cast in favour, and Davidson & Company LLP was appointed auditors with 100% support. Pyers Griffith did not stand for re-election and will serve as Chief Strategy Officer.
CorporateCerro de Pasco Resources Advances Metallurgical Test Program; Evaluates Two-Concentrate Flowsheet for Silver-Bearing Pyrite and Base Metals
Metallurgical test work on the Quiulacocha Tailings Reprocessing Project in central Peru, covering more than 110 flotation tests plus a mini-pilot campaign at SGS Santiago using a ~12-tonne bulk sample, supports a conceptual two-concentrate flowsheet producing a pyrite concentrate grading 90–95% pyrite and a base metal concentrate, both carrying silver. The mini-pilot test MG#6 recovered greater than 92.5% of total sulphides and approximately 94% of silver into a bulk concentrate, with about 73% of zinc. A consolidated metallurgical update is anticipated in the second half of 2026.
Study resultsCerro de Pasco Resources Announces Upgrade to OTCQX Best Market
Cerro de Pasco Resources has qualified to move from the OTCQB Venture Market to the OTCQX Best Market, beginning trading on OTCQX on April 29, 2026 under the symbol CDPMF. The shares continue to trade on the TSX Venture Exchange and Lima Stock Exchange under CDPR and on the Frankfurt Stock Exchange under N8HP. The Company's principal asset is the 100%-owned El Metalurgista mining concession, which includes the Quiulacocha tailings in central Peru.
CorporateCerro de Pasco Resources Announces Clarifications to its NI 43-101 Compliance Disclosure
Additional measures have been taken to bring Cerro de Pasco Resources' disclosure into compliance with NI 43-101, with material relating to quantity, grade or metal content, and historical data that could be read as current mineral resources, amended and replaced in the corporate presentation and website pending completion of an NI 43-101 compliant report. No mineral resource has been established for the Quiulacocha tailings. Following the March 26, 2026 collaboration with Peruvian state entity AMSAC, the Company obtained access across the full tailings footprint and expects drilling to begin in June 2026.
CorporateCerro de Pasco Resources Inc. Appoints Lara Smith to Board of Directors
News & Media View Presentation View Factsheet News Releases Unlocking One the World’s Largest Above-Ground Mineral Assets Subscribe to our Newsletter close I agree to and consent to receive news, updates, and other communications by way of…
ManagementCerro de Pasco Resources Provides Operational Review, Project Progress and Corporate Update
Phase 1 bulk sampling at the Quiulacocha tailings facility in central Peru was completed December 16 to 19, 2025, collecting approximately 12.3 tonnes of raw bulk material that was transported to Lima under frozen conditions for chemical analysis and metallurgical testing. During 2025 the company closed the Declaración de Impacto Ambiental for Phase 1 drilling, submitted one for Phase 2, and executed a surface use agreement with the Community of Quiulacocha. It also granted 10,600,000 stock options at CAD 0.68.
Corporate
202515 releases
Cerro de Pasco Resources Strengthens Social License with the Community of Quiulacocha
A surface use agreement with the Community of Quiulacocha was signed on December 11, 2025, approved by the Community Assembly and formalized before a public notary, covering designated surface areas for the Quiulacocha Tailings Project in central Peru. It has a two-year renewable term and covers drilling, geotechnical and hydrogeological work, environmental baseline and monitoring programs, engineering studies and field support. The project has been on Peru's Ministry of Economy and Finance Specialized Priority Projects List since March 2023.
CorporateCerro de Pasco Resources Inc. Announces Execution of Settlement Agreement with Trevali Monitor
A settlement agreement has been signed with FTI Consulting Canada Inc., court-appointed monitor of Trevali Mining Corporation, and Trevali, resolving all claims and counterclaims in the arbitration over the Share Purchase Agreement for Trevali Peru S.A.C. and the Santander Mine. CDPR will pay CAD 2,000,000 within 10 days of the arbitrator's termination order, and CAD 700,000 in security for costs returns to the Monitor. Court approval is sought at a December 16, 2025 hearing in the Supreme Court of British Columbia. Approval would remove USD 4,084,164 in Trevali-related liabilities.
CorporateCerro de Pasco Resources Prepares for Next Phase as Technical and Permitting Work Advances at the Quiulacocha Project
Phase 1 work at the Quiulacocha Tailings Reprocessing Project in central Peru is complete, including a 40-hole sonic drill program, wet-season environmental baseline studies, and rheology testing confirming the tailings are pumpable at 65 to 75 percent solids by weight. The integrated metallurgical program, targeting silver, zinc, lead, copper and pyrite concentrates, is expected to conclude in Q1 2026, with locked cycle and variability testing beginning in Q2 2026. Phase 2 drilling, bringing the combined program to approximately 116 drillholes, awaits approval of the Tailings Reprocessing Application; the company says it is fully funded for Phase 2.
CorporateCerro de Pasco Resources Announces Closing of $22.7 Million in Combined LIFE and Non-Brokered Private Placements, Including Participation by Eric Sprott
Combined gross proceeds of $22,736,139.36 were raised on closing of a brokered LIFE private placement of 31,246,207 units at $0.48 per unit ($14,998,179.36) and a concurrent non-brokered placement of 16,120,750 units at the same price ($7,737,960.00). Each unit includes one common share and one-half warrant exercisable at $0.68 until November 7, 2027. Eric Sprott, through 2176423 Ontario Ltd., bought 8,333,333 units for about $4,000,000. Proceeds will fund feasibility-stage technical, environmental and engineering work at the Quiulacocha Tailings Project in Peru.
FinancingCerro de Pasco Resources Announces Amendment to LIFE Offering Document
An amended and restated offering document dated October 28, 2025 has been filed for the brokered private placement led by SCP Resource Finance LP and Raymond James Ltd., offering 31,250,000 units at $0.48 per unit for gross proceeds of $15,000,000 under the listed issuer financing exemption, plus a concurrent non-brokered placement of up to 14,583,333 units for up to $7,000,000. Each unit includes one common share and one-half warrant exercisable at $0.68 for 24 months. Closing is expected November 6, 2025, with proceeds funding feasibility-stage work at the Quiulacocha Tailings Project.
FinancingCerro de Pasco Resources Announces Private Placements of up to $15 Million
A commercially reasonable efforts private placement of up to 31,250,000 units at $0.48 per unit for gross proceeds of up to $15,000,000 has been launched under the listed issuer financing exemption, with SCP Resource Finance LP and Raymond James Ltd. as co-lead agents. Each unit includes one common share and half a warrant exercisable at $0.68 for 24 months. Net proceeds will fund technical, environmental and engineering work for the feasibility stage of the Quiulacocha Tailings Project in Peru, plus general corporate purposes. Closing is expected on or about November 6, 2025; agents receive a 6.0% cash fee and 6.0% broker warrants.
FinancingCerro de Pasco Resources Reports 2025 Fiscal Year-End Financial Results and Strategic Milestones
Net income of $24.6 million ($0.06 per share basic and diluted) was reported for the year ended March 31, 2025, versus a $29.3 million loss in the prior fifteen-month period, driven by a $35.9 million gain on the August 2024 sale of the Santander mine, which eliminated over $70 million in liabilities. Cash stood at $11.5 million with working capital of $6.3 million and shareholders' equity of $6.7 million. Between April and July 2025, warrant and option exercises generated about CAD $4.1 million.
CorporateCerro de Pasco Resources Common Shares Begin Trading on the Lima Stock Exchange
Common shares of Cerro de Pasco Resources began trading on the Lima Stock Exchange (BVL) on July 17, 2025, under the symbol CDPR, with Kallpa Securities S.A.B. of Lima acting as sponsoring broker. The Company's primary listing remains on the TSX Venture Exchange. CDPR's principal asset is the 100%-owned El Metalurgista mining concession, comprising silver-rich tailings and stockpiles from the Cerro de Pasco mine in central Peru.
CorporateCerro de Pasco Resources to Pursue Secondary Listing on the Lima Stock Exchange
Cerro de Pasco Resources will pursue a secondary listing on the Lima Stock Exchange (BVL), retaining its primary listing on the TSX Venture Exchange. Kallpa Securities SAB has been retained as sponsor and advisor, with the listing application expected to be filed within the next 30 days and completion anticipated in approximately two to three months, subject to regulatory approvals. The company's flagship asset is the El Metalurgista concession covering historic tailings at Cerro de Pasco, central Peru.
Corporate