May 30, 2012 - Cerro Resources NL (ASX/TSX-V: CJO) ("Cerro Resources" or the “Company”) is pleased to
announce the findings of the independent definitive Feasibility Study (“FS”) for the 4.5Mtpa open pit, First Stage
Heap Leach component of the Cerro del Gallo gold/silver project, located in Guanajuato State, Mexico.
The project is currently owned 67% by Cerro Resources and 33% by Goldcorp Inc.
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