Uncovering Hidden Treasures: Cerro de Pasco Resources Unveils New Discoveries in the Quiulacocha Silver-Zinc-Lead Zone
Description:
MONTREAL, Dec. 18, 2024 (GLOBE NEWSWIRE) — Cerro de Pasco Resources Inc. (CSE: CDPR) (OTCQB: GPPRF) (FRA: N8HP) (“CDPR” or the “Company”) is pleased to report assay results for an additional seven drill holes from the Quiulacocha Tailings Project in Central Peru. Highlights – All intersections are in core lengths from surface and correspond to the predominant silver-zinc-lead zone in the northern section of the deposit: Hole SPT15 intersected 19 meters (“m”) of 73.09 grams per tonne (“g/t”) silver (“Ag”), 2.10% Zinc (“Zn”), 0.90% Lead (“Pb”), and 27.30 g/t gallium (“Ga”) Hole SPT16 intersected 19 m of 55.44 g/t Ag, 1.64% Zn, 0.70% Pb, and 26.21 g/t Ga Hole SPT17 intersected 21 m of 54.71 g/t Ag, 1.50% Zn, 0.70% Pb, and 31.05 g/t Ga Hole SPT18 intersected 22 m of 50.27 g/t Ag, 1.31% Zn, 0.65% Pb, and 28.99 g/t Ga Hole SPT34 intersected 15 m of 58.77 g/t Ag, 1.79% Zn, 0.70% Pb, and 31.29 g/t Ga Hole SPT37 intersected 18 m at 50.51 g/t Ag, 1.28% Zn, 0.89% Pb, and 49.26 g/t Ga Hole SPT38 intersected 18 m at 50.38 g/t Ag, 1.48% Zn, 0.96% Pb, and 55.68 g/t Ga.
Article
Peru has long been known for its rich mineral resources and Cerro de Pasco Resources is at the forefront of uncovering hidden treasures in the Quiulacocha Silver-Zinc-Lead Zone. The recent drilling results announced by the company have revealed significant assay results that highlight the potential of this region.
With drill holes intersecting substantial grades of silver, zinc, lead, and gallium, it is clear that the Quiulacocha Tailings Project has the potential to become a major mining operation in Central Peru. The silver-zinc-lead zone in the northern section of the deposit is particularly promising, with core lengths from the surface showing high concentrations of these valuable metals.
Notable intersections include Hole SPT15, which intersected 19 meters of 73.09 g/t silver, 2.10% zinc, 0.90% lead, and 27.30 g/t gallium. Similarly, Hole SPT38 revealed 18 meters of 50.38 g/t silver, 1.48% zinc, 0.96% lead, and 55.68 g/t gallium. These results are a testament to the rich mineralization present in the Quiulacocha area.
How this will affect me:
As an individual investor, the positive assay results from Cerro de Pasco Resources can present a lucrative opportunity for investment. The potential for a major mining operation in Central Peru could lead to significant returns for early investors in the company. Keeping an eye on further developments and assessing the growth potential of this project could be beneficial for your investment portfolio.
How this will affect the world:
The discovery of rich mineral resources in the Quiulacocha Silver-Zinc-Lead Zone has the potential to impact the global mining industry. With increasing demand for minerals such as silver, zinc, and lead in various sectors, the development of a new mining operation in Central Peru could contribute to the global supply of these essential resources. This could have far-reaching implications for industries that rely on these minerals for manufacturing and production.
Conclusion:
The latest assay results from Cerro de Pasco Resources’ Quiulacocha Tailings Project paint a promising picture of the potential in the region. With high grades of silver, zinc, lead, and gallium intersected in the recent drill holes, it is evident that the Quiulacocha area is a valuable resource for the company. As further exploration and development take place, the impact of this discovery on both individual investors and the global mining industry is likely to be significant.
