Cerro de Pasco Resources Strengthens Social License with the Community of Quiulacocha

Core Points - Cerro de Pasco Resources Inc. has formalized a surface use agreement with the Community of Quiulacocha, enhancing its social license to operate and supporting the Quiulacocha Tailings Project [1][3] - The agreement, approved by the Community Assembly, outlines a framework for coordinated use of surface areas for various technical activities related to the project [2] - The agreement has a two-year renewable term and emphasizes community engagement, local participation, and social responsibility [3] Project Development - The Quiulacocha Tailings Reprocessing Project is recognized nationally in Peru for its potential to provide environmental remediation, economic development, and social benefits [4] - The project has been included in the Ministry of Economy and Finance's Specialized Priority Projects List since March 2023, highlighting its significance [4] - The company aims to reprocess and remediate historic mining waste from its El Metalurgista mining concession, which contains silver-rich tailings accumulated over more than a century [6] Collaborative Framework - The agreement reflects a collaborative relationship between the company and the community, aligning their objectives for the responsible development of the Quiulacocha Tailings Project [3][5] - The framework supports best practices for social engagement and is aligned with environmental management and permitting processes for tailings reprocessing projects in Peru [5] - The company is committed to advancing the project as a model for responsible tailings reprocessing and sustainable value creation in the region [7]