In this episode of the Prospector Podcast, host Michael Fox speaks with Guy Goulet the President and CEO of Cerro de Pasco Resources (CSE: CDPR) (OTCQB: GPPRF) (FRA: N8HP) about the drilling progress made at Quiulacocha Tailings Project in Central Peru. With 32 of the 40 holes accounted for, the drill results are confirming the historical data and resources contained in the tailing. The only data that is trailing is the copper content but it is believed that this is contained in t he southern sections of the tailings. The next 8 holes, that were drilled in this area should bring the copper content up.
The big surprise has been the significant find of Gallium and Indium in the tailings. Both of these metals are on the US Critical Metals list. The Gallium price being inflated lately by a Chinese export ban on the metal. This and the fact that the US does not produce any Gallium, could provide the company with additional cash flows and revenues once production of the tailings begins.
About Cerro de Pasco Resources
Cerro de Pasco Resources Inc. is focused on the development of its principal 100% owned asset, the El Metalurgista mining concession, comprising silver-rich mineral tailings and stockpiles extracted over a century of operation from the Cerro de Pasco open pit mine in Central Peru. The company’s approach at El Metalurgista entails the reprocessing and environmental remediation of mining waste and the creation of numerous opportunities in a circular economy. The asset is one of the world’s largest above-ground resources.
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