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Primero Completes Cerro Acquisition

Investing News Network
May. 24, 2013 04:18AM PST
Gold Investing

Mining Weekly reported that Primero’s takeover of Cerro Resources has been completed.

Mining Weekly reported that Primero’s takeover of Cerro Resources has been completed.

As quoted in the Mining Weekly report:

Cerro’s main asset is a 69% shareholding in the feasibility-stage Cerro Del Gallo project, which has one-million ounces of gold-equivalent proven and probable reserves and a further 2.3-million ounces of gold-equivalent measured and indicated resources.

To view the whole Mining Weekly report, click here.

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