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]

Core Insights - Parsons Corporation has been awarded a $1.5 billion indefinite-delivery, indefinite-quantity contract by the Air Force Civil Engineering Center to provide architect-engineer services for environmental issues, particularly focusing on PFAS [1][2][3] Contract Details - The contract includes a five-year base period with five one-year option periods and an additional six-month extension option [1] - Parsons will compete for task orders based on qualifications to address various environmental issues at U.S. Air Force installations and other federal clients [2] Company Commitment and Experience - Parsons emphasizes its commitment to providing cost-effective solutions for environmental remediation, leveraging over 50 years of experience in supporting the Department of Defense [3] - The company has been involved in PFAS remediation, including managing a groundwater treatment system for the National Guard Bureau [3] Recent Developments - The acquisition of TRS Group, Inc. in February 2025 has enhanced Parsons' capabilities in environmental remediation technology [3]