Cerro de Pasco Resources Prepares for Next Phase as Technical and Permitting Work Advances at the Quiulacocha Project

Original announcement by tmx on

Company
Cerro de Pasco Resources Inc.
Ticker
CDPR
Exchange
TSX
Region
Peru
Primary commodity
Silver
Secondary commodities
Zinc, Lead, Copper, Gold, Gallium
Document categories
Metallurgy, Permitting, Resource update
Extracted
2026-09-19 15:27:37 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Cerro de Pasco Resources has completed Phase 1 of its Quiulacocha Tailings Reprocessing Project in Peru, including a 40-hole sonic drill program and environmental baseline studies. The company has received positive regulatory resolutions from Peru's Mining Council and is transitioning into Phase 2 drilling and integrated metallurgical testing to support an upcoming maiden Mineral Resource Estimate and feasibility studies.

Reasoning: The company is reporting significant technical and permitting de-risking at the Quiulacocha project, transitioning from Phase 1 (drilling/baseline) to Phase 2 (drilling/metallurgy) with clear regulatory support.

Positive factors

  • Positive regulatory resolutions from the Mining Council in Peru
  • Successful bench-scale flotation tests producing base metal concentrates
  • Completion of Phase 1 sonic drilling (40 holes)
  • Project is fully funded for Phase 2 drilling and metallurgical programs

Negative factors

  • No formal Mineral Resource Estimate (MRE) has been published yet; results are currently supporting an upcoming MRE
  • Metallurgical flowsheet is still being defined

Facts used in scoring: 4

Classification and evidence

QA/QC Disclosedpositive · Story-specific tag

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: The release names a Qualified Person (Alfonso Palacio Castilla) and mentions work across multiple international laboratories.

Evidence · text

“Mr. Palacio is a Qualified Person for the purposes of reporting in compliance with NI 43-101.”

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: The metallurgical program focuses on flotation and selective leaching.

Evidence · text

“The initial phase centers on flotation and selective leaching to maximize metal recoveries.”

Single Domain Onlynegative

Testing limited to one composite or domain — representativeness not established.

Why it applies: only one composite was tested

Extracted facts

Stored fact records: 4. Some facts used in scoring do not have a stored record.

Metallurgical Results (4)

flotationQuiulacocha Project · silverView all details
Link to this fact

Identity

Project
Quiulacocha Project
Commodity
silver
Region
peru
Reported Region
Peru
Ticker
CDPR

Test Work

Program Status
preliminary
Test Type
flotation
Processing Route
flotation and selective leaching
Sample
Bench scale flotation tests on representative composite samples

Recovery

Recovery Basis
unspecified

Review

Needs Review
No
Historical
No

Dates

Event date
2025-12-10T00:00:00.000Z

Reasoning: Successful bench-scale flotation demonstrated the ability to produce concentrates.

Positive factors

  • Successful production of base metal concentrates

Evidence · text

“Bench scale flotation tests have successfully produced base metal concentrates followed by pyrite, with silver reporting across these products.”

Tags used in scoring

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: processing_route matches the flotation signal

flotationQuiulacocha Project · zincView all details
Link to this fact

Identity

Project
Quiulacocha Project
Commodity
zinc
Region
peru
Reported Region
Peru
Ticker
CDPR

Test Work

Program Status
preliminary
Test Type
flotation
Processing Route
flotation and selective leaching
Sample
Bench scale flotation tests on representative composite samples

Recovery

Recovery Basis
unspecified

Review

Needs Review
No
Historical
No

Dates

Event date
2025-12-10T00:00:00.000Z

Reasoning: Successful bench-scale flotation demonstrated the ability to produce concentrates.

Positive factors

  • Successful production of base metal concentrates

Evidence · text

“Bench scale flotation tests have successfully produced base metal concentrates”

Tags used in scoring

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: processing_route matches the flotation signal

flotationQuiulacocha Project · leadView all details
Link to this fact

Identity

Project
Quiulacocha Project
Commodity
lead
Region
peru
Reported Region
Peru
Ticker
CDPR

Test Work

Program Status
preliminary
Test Type
flotation
Processing Route
flotation and selective leaching
Sample
Bench scale flotation tests on representative composite samples

Recovery

Recovery Basis
unspecified

Review

Needs Review
No
Historical
No

Dates

Event date
2025-12-10T00:00:00.000Z

Reasoning: Successful bench-scale flotation demonstrated the ability to produce concentrates.

Positive factors

  • Successful production of base metal concentrates

Evidence · text

“Bench scale flotation tests have successfully produced base metal concentrates”

Tags used in scoring

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: processing_route matches the flotation signal

flotationQuiulacocha Project · copperView all details
Link to this fact

Identity

Project
Quiulacocha Project
Commodity
copper
Region
peru
Reported Region
Peru
Ticker
CDPR

Test Work

Program Status
preliminary
Test Type
flotation
Processing Route
flotation and selective leaching
Sample
Bench scale flotation tests on representative composite samples

Recovery

Recovery Basis
unspecified

Review

Needs Review
No
Historical
No

Dates

Event date
2025-12-10T00:00:00.000Z

Reasoning: Successful bench-scale flotation demonstrated the ability to produce concentrates.

Positive factors

  • Successful production of base metal concentrates

Evidence · text

“Bench scale flotation tests have successfully produced base metal concentrates”

Tags used in scoring

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: processing_route matches the flotation signal

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.