Cerro De Pasco Resources, Inc. (TSE:CDPR) has released an update.
Cerro de Pasco Resources Inc. has successfully closed a second tranche of its non-brokered private placement, raising a total of $2,845,000. This funding will facilitate a 40-hole drilling campaign by providing access to the El Metalurgista Concession and the Quiulacocha Tailings project in Peru. The company has complied with all Peruvian legal requirements for the easement and expects no further delays, with the Minister of Energy and Mines signaling imminent support.
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