CAPITAL MARKETS

Cerro moves Mexican project to next stage

PRECIOUS and base metals explorer Cerro Resources is looking to lock in participation from its joint venture partner and progress financing discussions for its majority-owned Cerro del Gallo gold-silver play in Mexico after positive findings from a definitive feasibility study.

MiningNews.Net
Cerro moves Mexican project to next stage

The project is located in the central state of Guanajuato and owned 67% by Cerro with Goldcorp Inc holding the balance. The FS was based on an initial $US154.8 million ($A158 million) heap leach operation...

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