Cerro Resources: Mt Philp 43-101 Technical Report
LONGUEUIL, QUEBEC -- (Marketwire) -- 10/21/11 -- Cerro Resources NL (ASX: CJO)(TSX VENTURE: CJO) is pleased to announce the filing on SEDAR (www.sedar.com) of a NI 43-101 Technical Report supporting the initial inferred mineral resource for its 100%-owned Mt. Philp Haematite Iron Prospect located in Queensland, Australia, as announced in a press release dated October 4, 2011.
The Technical Report was prepared by Ian Heath Sandercock, B.E. (Hons) Mining Engineering, Fellow AusIMM (CP), an independent consultant to Cerro and Trevor Allen Leahey, BSc (Hons), Member AusIMM, Chartered Professional Geologist, a consultant to Cerro.
The Technical Report will also be available on the website of Cerro Resources.
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 working focus on the Mt Isa, Queensland, region where it is exploring the Mt Philp Haematite project and it holds an interest in the Kalman molybdenum, rhenium, and copper project.
Additional information about the Company is available on the Company's website at www.cerroresources.com and on SEDAR.
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 & CEO
61 7 3252 0122
admin@cerroresources.com
Greg Germon
General Manager Investor Relations - Australia
61 2 9300 3341
greg@cerroresources.com
Ms. Gerri Paxton
Manager Investor Relations - North America
1-514-544-2696
gpaxton@cerroresources.com