Saint-Sauveur, Quebec--(Newsfile Corp. - February 23, 2026) - Visit Cerro de Pasco Resources (TSXV: CDPR) (OTCQB: GPPRF) at Booth #2628 at the Prospectors & Developers Association of Canada’s (PDAC) Convention at the Metro Toronto Convention Centre (MTCC) from Sunday, March 1 to Wednesday, March 4, 2026. About Cerro de Pasco ResourcesCerro de Pasco Resources Inc. (CDPR) is focused on the development of its principal 100% owned asset, the El Metalurgista mining concession, comprising silver-rich mineral tai ...

MONTREAL, Feb. 03, 2026 (GLOBE NEWSWIRE) -- Cerro de Pasco Resources Inc. (TSXV: CDPR) (OTCMKTS: GPPRF) (BVL: CDPR) (the “Corporation”) announces the appointment of Ms. Lara Smith to its Board of Directors. An internationally recognized expert in the field of financial evaluation, project economics and risk assessment, Ms. Lara Smith has almost two decades of experience on a variety of global projects across the mining and industrial sectors. With a Bachelor of Science in Chemistry, Statistics and Economics ...

Core Insights - Cerro de Pasco Resources Inc. (CDPR) has provided an operational review and corporate update regarding the Quiulacocha Tailings Project, indicating progress towards the next stage of project execution [1] Project Positioning Update - In 2025, the company completed key technical, environmental, and regulatory workstreams to advance the Quiulacocha Project, reducing execution risk and strengthening the permitting foundation [3] - A comprehensive pathway for tailings reprocessing and environmental remediation has been established [3] Technical Readiness Established - Integrated Phase 1 technical programs were completed, including studies on mineralogy, metallurgy, rheology, geotechnical and hydrogeological assessments, and validation of resource modeling methodologies [4] - Multi-laboratory metallurgical characterization programs were advanced, providing a technical basis for scale-up testing and flowsheet optimization [4] Logistics and Infrastructure Evaluated - Preliminary logistics and transportation studies were completed, evaluating concentrate handling and regional transport alternatives, which informed downstream engineering studies [5] Environmental and Baseline Framework Completed - Environmental-geochemical baseline programs were conducted at over sixty locations, enabling stability modeling and risk assessment for the Phase 2 drilling program [6] Permitting and Site Control Progressed - The company closed the Declaración de Impacto Ambiental for Phase 1 drilling and submitted a new declaration for Phase 2 drilling activities [7] - A surface use agreement was executed with the Community of Quiulacocha, ensuring access for ongoing technical activities [7] Tailings Reprocessing Application - The groundwork for the Tailings Reprocessing Application has been completed, bringing the project to a late stage of readiness for comprehensive tailings reprocessing and environmental remediation [8] Completion of Phase 1 Bulk Sampling Program - From December 16 to 19, 2025, CDPR completed Phase 1 bulk sampling, collecting approximately 12.3 tonnes of raw bulk material for laboratory analysis [9][10] - This sampling is crucial for validating metallurgical performance and supporting future technical development [11] Corporate Update - The company granted 10,600,000 stock options to directors, officers, employees, and consultants, exercisable at CAD 0.68 per share [12] - A consultancy agreement was established with 1473632 BC Ltd. for strategic advisory services, with fees totaling CAD 100,000 for the initial term [14][15] About Cerro de Pasco Resources - CDPR focuses on developing its 100% owned El Metalurgista mining concession in Peru, aiming to reprocess and remediate historic mining waste while promoting environmental sustainability [17]

MONTRÉAL, Dec. 12, 2025 (GLOBE NEWSWIRE) -- Cerro de Pasco Resources Inc. (“CDPR” or the “Company”) announces that it has entered into a settlement agreement (the “Settlement Agreement”) with FTI Consulting Canada Inc., in its capacity as court-appointed monitor of Trevali Mining Corporation (the “Monitor”), and with Trevali Mining Corporation (“Trevali”), resolving all claims and counterclaims in the arbitration relating to the Share Purchase Agreement for Trevali Peru S.A.C. and the Santander Mine (the “S ...

Core Viewpoint - Cerro de Pasco Resources Inc. has reached a settlement agreement with FTI Consulting Canada Inc. and Trevali Mining Corporation, resolving all claims related to the Share Purchase Agreement for Trevali Peru S.A.C. and the Santander Mine, pending court approval [1][2]. Settlement Details - The settlement is subject to court approval, with a hearing scheduled for December 16, 2025 [2]. - The settlement will eliminate all Trevali-related liabilities from the company's balance sheet, including a purchase price payable of USD 1,584,164 and a contingent consideration payable of USD 2,500,000, totaling a reduction of USD 4,084,164 [5]. - Following court approval, CDPR will pay CAD 2,000,000 to settle all claims, and both parties will mutually release all claims and counterclaims [8]. Financial Impact - The removal of Trevali-related liabilities is expected to result in a material gain on settlement when reflected in CDPR's financial reporting [5]. - The settlement allows the company to focus on its core operations and development initiatives [4]. Management Commentary - The CEO of CDPR expressed satisfaction with the resolution, stating it removes exposure associated with the historic Trevali transaction and provides clarity for all parties involved [6]. Company Focus - CDPR is focused on developing its El Metalurgista mining concession in central Peru, which contains silver-rich tailings and stockpiles [6]. - The company aims to reprocess and remediate historic mining waste, supporting sustainable development in Peru [7].

Core Insights - Cerro de Pasco Resources Inc. (CDPR) has made significant progress in the Quiulacocha Tailings Reprocessing Project, transitioning from Phase 1 to Phase 2, which is crucial for both resource recovery and environmental remediation in Peru [1][11]. Phase 1 Achievements - A 40-hole sonic drill program has been completed, confirming metal grades and continuity, with ongoing tendering for Phase 2 drilling contractors [2]. - Extensive mineralogical and metallurgical tests are being conducted to determine effective metal recovery methods [3]. Environmental Studies - Completion of wet season baseline studies and ongoing dry season assessments, including various monitoring techniques [4][19]. - The environmental baseline program aims to reduce long-term liabilities and improve regional conditions through tailings reprocessing [19]. Hydrogeology and Geotechnics - High-resolution surveys have been integrated into hydrogeological models, guiding mine planning and infrastructure requirements for Phase 2 [5][22]. - Initial assessments for long-term tailings storage and re-mining methods have been completed, confirming efficient dredging capabilities [6][23]. Permitting and Approvals - Submission of Phase 1 Results Report has initiated the regulatory process for Phase 2 drilling, with CDPR fully funded for ongoing programs [7][11]. - Recent resolutions from Peru's Mining Council have clarified the permitting process, aligning authorities for the project's advancement [11]. Upcoming Milestones - Key milestones include the completion of the integrated metallurgical program in Q1 2026, commencement of Phase 2 drilling, and advancement into pre-feasibility studies [9][12]. Technical Program Update - The project is supported by a rigorous technical work program, with metallurgical testing defining effective processing routes for multiple products [12][18]. - The initial metallurgical phase is expected to conclude in Q1 2026, followed by further testing [17]. Mineralogical and Metallurgical Testing - The mineralogy program includes various advanced testing methods to analyze metal associations and recovery factors [13]. - The metallurgical program focuses on recovering multiple metals into saleable concentrates, with initial flotation tests showing promising results [14][15]. Re-mining and Tailings Storage - Studies on re-mining methods and tailings storage have evaluated various factors, supporting low-cost dredging and operational efficiency [23][24]. - The combined Phase 1 and Phase 2 drilling program will provide essential datasets for feasibility-level engineering [25][26]. Company Overview - CDPR is focused on developing its El Metalurgista mining concession, which contains silver-rich tailings from over a century of mining, aiming to unlock value while promoting sustainable development [28].

Core Insights - Cerro de Pasco Resources Inc. (CDPR) has made significant progress in the Quiulacocha Tailings Reprocessing Project, transitioning from Phase 1 to Phase 2, which is crucial for both resource recovery and environmental remediation in Peru [1] Phase 1 Achievements - A 40-hole sonic drill program has confirmed metal grades and continuity, supporting the mineral resource estimate for the Quiulacocha tailings [2] - Extensive mineralogical and metallurgical tests are being conducted to determine effective metal recovery methods [3] Environmental Studies - Completion of wet season baseline studies and ongoing dry season assessments, including various monitoring techniques [4] - Environmental baseline data will support the project's Environmental Impact Assessment, aiming to reduce long-term environmental liabilities [19] Hydrogeology and Geotechnics - High-resolution surveys have been integrated into hydrogeological models and stability assessments, guiding mine planning and drilling infrastructure [5][22] - Initial assessments for long-term storage sites and re-mining methods have confirmed the efficient dredging and pumping of Quiulacocha tailings [6][23] Permitting and Approvals - Submission of Phase 1 Results Report has initiated the regulatory process for Phase 2 drilling, with CDPR fully funded for ongoing programs [7] - Recent resolutions from Peru's Mining Council have clarified the permitting process, aligning authorities for the project's advancement [11] Upcoming Milestones - Key milestones include the completion of the integrated metallurgical program in Q1 2026, submission and approval of necessary permits, and commencement of Phase 2 drilling [9] Technical Program Update - The project is supported by a rigorous technical work program, with metallurgical testing defining effective processing routes [12] - The initial metallurgical phase is expected to conclude in Q1 2026, followed by further testing [17] Mineralogical and Metallurgical Testing - The mineralogy program includes various advanced testing methods to determine metal associations and recovery factors [13] - The metallurgical program focuses on recovering multiple metals into saleable concentrates, with initial flotation tests showing promising results [14][15] Tailings Management - Studies on tailings storage and re-mining methods are ongoing, evaluating capacity, land suitability, and environmental considerations [24] - The tailings are confirmed to be pumpable within an optimal solids concentration range, supporting low-cost extraction methods [23] Phase 2 Drilling Program - The upcoming drilling campaign will complete the necessary datasets for feasibility-level engineering, with approximately 116 drillholes planned [25][26]

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Core Viewpoint - Cerro de Pasco Resources Inc. has significantly improved its financial position through strategic realignment and the sale of non-core assets, achieving a net income of $24.6 million for the fiscal year ended March 31, 2025, compared to a net loss in the previous period [1][4]. Financial Performance - Net income for FY 2025 was $24.6 million, a turnaround from a net loss of $29.3 million in FY 2024 [3][4]. - Earnings per share increased to $0.06 from a loss of $0.09 per share in the prior period [3][4]. - Cash balance rose to $11.5 million, with positive working capital of $6.3 million, compared to a deficit of $55.0 million in the previous year [3][4]. - Shareholders' equity improved to $6.7 million, reversing a deficit of $40.8 million [3][4]. - Total assets decreased to $16.3 million from $37.4 million, while total liabilities dropped significantly to $9.6 million from $78.2 million [3][4]. Strategic Developments - The sale of the Santander mine in August 2024 eliminated over $70 million in liabilities and allowed the company to focus on the Quiulacocha Tailings Project [5]. - The company raised over $17 million through private placements, enhancing liquidity and shareholder alignment [5]. - An easement agreement was signed with Activos Minerales S.A.C. in May 2024, enabling a 40-hole drilling program at Quiulacocha [5]. Future Outlook - The company is advancing technical, environmental, and permitting activities at Quiulacocha, aiming to deliver its Preliminary Feasibility Study (PFS) and achieve near-term development milestones [6]. Company Overview - Cerro de Pasco Resources focuses on developing its 100% owned El Metalurgista mining concession, which consists of silver-rich mineral tailings and stockpiles from over a century of mining operations [7]. - The strategy includes reprocessing and environmental remediation of historic mining waste, aiming to unlock value while supporting sustainable development [7].

MONTRÉAL, May 15, 2025 (GLOBE NEWSWIRE) -- Cerro de Pasco Resources Inc. (TSXV: CDPR) (OTCMKTS: GPPRF) (FRA: N8HP) (“CDPR” or the “Company”) is pleased to announce that it will pursue a secondary listing of its shares on the Lima Stock Exchange (Bolsa de Valores de Lima, “BVL”) as part of its strategy to expand its presence in Latin America and increase visibility among regional investors. The Company’s primary listing will remain on the TSX Venture Exchange (TSXV). The Company has retained Kallpa Securitie ...