Cerro Resources NL Reports Quarterly Activities and Files Financial Statements for the Period Ending June 30, 2012
(firmenpresse) - LONGUEUIL, QUEBEC -- (Marketwire) -- 07/31/12 -- Cerro Resources NL (ASX: CJO)(TSX VENTURE: CJO) ("Cerro" or "the Company") is pleased to release a summary of the Company's quarterly activities. The detailed Quarterly Activities Report which also includes the financial statements for the period ending June 30, 2012, is posted on the Company's website and will be filed on today.
Link to view complete quarterly report: Quarterly June 30, 2012 ()
HIGHLIGHTS BELOW
Corporate
Mexico
Cerro del Gallo Gold/Silver/Copper development project, Guanajuato, Mexico (68% CJO, 32% Goldcorp)
Namiquipa Silver/Lead/Zinc project, Chihuahua, Mexico, 100 %
Espiritu Santo Gold/Silver
Australia
Mt Philp
About Cerro Resources
Cerro Resources is a precious and base metals exploration and development company. The Company is currently focused on Mexico where it is developing the Cerro del Gallo gold/silver project in the central state of Guanajuato, Mexico, actively exploring the Namiquipa silver project in northern Mexico, and commencing exploration on the Espiritu Santo gold/silver project in Jalisco. It also maintains an active focus on the Mt Isa, Queensland, region where it holds 100% of the Mt Philp haematite project as well as a continued interest in the Kalman molybdenum, rhenium, and copper project.
Additional information about the Company is available on the Company's website at and on SEDAR.
Competent Person/Qualified Person
The information in this report that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Mr John Skeet (as it relates to process related material), who is a Fellow of the Australasian Institute of Mining and Metallurgy; and Mr Bill Fleshman (as it relates to Cerro del Gallo, Namiquipa, and Espiritu Santo Projects), who is a Fellow of the Australasian Institute of Mining. Mr Skeet is the Chief Operating Officer of Cerro Resources NL and Mr Fleshman is a consultant to Cerro Resources NL. They have sufficient experience, which is relevant to the style of mineralization and type of deposit under consideration and to the activity which they are undertaking to qualify as a Competent Person as defined in the 2004 edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves" and "qualified persons" as this term is defined in Canadian National Instrument 43-101 ("NI 43-101"). Mr Skeet and Mr Fleshman consent to the inclusion in the report of the matters based on their information in the form and context in which it appears.
Forward-Looking Information
This quarterly report contains "forward-looking information" under Canadian securities law. Any statement that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be forward-looking information. Forward-looking information relates to, among other things: the timing and results of exploration programs, the interpretation of such results, the potential of the projects, the planned continuation of a drilling program, the plan to complete additional resource estimate and studies and obtain required permits, the accuracy of mineral resource and mineral reserve estimates, the ability of the Company to finance its operations and capital expenditures, future financial and operating performance including estimates of the Company's revenues and capital expenditures and estimated production.
Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be factors that cause results to be other than as anticipated, estimated or intended. There can be no assurance that the forward looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information contained herein, except in accordance with applicable securities laws.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Tony McDonald, Managing Director; or
Craig McPherson, Chief Financial Officer
+61 7 3221 7501
Greg Germon
General Manager Investor Relations - Australia
+61 2 9300 3341
Ms. Gerri Paxton
Manager Investor Relations - North America
+1-514-544-2696
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 31.07.2012 - 14:28 Uhr
Sprache: Deutsch
News-ID 170290
Anzahl Zeichen: 0
contact information:
Town:
LONGUEUIL, QUEBEC
Kategorie:
Mining & Metals
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