CSE:CDPR
The Corporation also outlines its 2020 Strategic Objectives:
- Complete the acquisition of the
Cerro de Pasco Mine with Volcan Compañia Minera S.A.A. (BVL:VOLCABC1)("Volcan") outlined in the press releases onMarch 31, 2020 andNovember 28, 2019 , (the "Transaction") - Improve the efficiencies of the main operating assets contemplated in the Transaction, namely the oxide mining and leach processing plant and the two base metals concentrators currently treating stockpiles.
- Complete Mineral Resource Estimates of the business combination on completion of the Transaction. Specifically, the new NI43-101 Mineral Resource Estimates will include the following areas:
- Oxides
- Sulphides
- Excelsior stockpile
- Miraflores stockpile
- Pyrite stockpile
- Rumilliana stockpile
- Commence with the exploration of the Quiulacocha historical tailings deposit
- Conduct metallurgical test work on the Quiulacocha tailings material
- Complete an Environmental Audit for baseline operations
- Commence a post-transaction, dual-listing process to the TSX-V/TSX and BVL (
Lima ) Stock Exchanges
About
Forward-Looking Statements and Disclaimer
Certain information contained herein may constitute "forward-looking information" under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "seeks", "expects", "estimates", "intends", "anticipates", "believes", "could", "might", "likely" or variations of such words, or statements that certain actions, events or results "may", "will", "could", "would", "might", "will be taken", "occur", "be achieved" or other similar expressions. Forward-looking statements, including the expectations of CDPR's management regarding the completion of the Transaction as well as the business and the expansion and growth of CDPR's operations, are based on CDPR's estimates and are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of CDPR to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Forward-looking statements are subject to business and economic factors and uncertainties, and other factors that could cause actual results to differ materially from these forward-looking statements, including the relevant assumptions and risks factors set out in CDPR's public documents, available on SEDAR at www.sedar.com. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Although CDPR believes that the assumptions and factors used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements and forward-looking information. Except where required by applicable law, CDPR disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
SOURCE
© Canada Newswire, source