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LONGUEUIL, QUEBEC, Nov 29, 2012 (MARKETWIRE via COMTEX) — Cerro Resources NL (asx:CJO) /quotes/zigman/3087302 CA:CJO -10.53% is pleased to announce that it has filed on SEDAR, the NI43-101 Technical Report supporting the Initial Inferred Resource announced October 24, 2012, for the 100%-owned Namiquipa Silver Project located in Chihuahua, Mexico.


The Technical Report was prepared by Timothy Carew, B.Sc (Hons) Geology, M.Sc. Mineral Production Management, P.Geo, an independent consultant; Bill Fleshman, B.Sc Geology, Fellow AusIMM, Chartered Professional Geologist; and Trevor Leahey, BSc (Hons), Member AusIMM, Chartered Professional Geologist, consultants to Cerro.


The report is available on SEDAR and will be available on the Company’s website within 24 hours.


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 focus on the Mt Isa, Queensland, region where it holds 100% of the Mt Philp haematite project as well as a continued interest in the Kalman molybdenum, rhenium, and copper project.


Additional information about the Company and its projects 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; or
Craig McPherson, CFO & Company Secretary
+61 7 3221 7501
[email protected]

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