Cerro Resources Acquires Namiquipa Silver Project

Cerro Resources (TSXV:CJO,ASX:CJO) announced that it has entered into a share purchase agreement with all the shareholders of Minera Tasmania S.A. de C.V., to gain access to the Namiquipa Silver Project, Chihuahua State, Mexico.

The press release is quoted as saying:

The Project consists of three concessions totalling 4,400 hectares and includes the La Venturosa silver mine, which was the site of underground mining operations for silver, lead and zinc from 1929–1936, 1948–1955 and 1990-2002. Mining was on a very small scale in the 1929-1936 period and no records were examined from this period. More extensive mining took place in the latter two periods when both oxide and sulphide resources were exploited

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