major catalyst in share price nears

CERRO RESOURCES NL SHARE STRUCTURE and 18 month price

Dual listed CJO: TSX.V & ASX

Common Shares: 748M Market Capital: $86M

Options: 50M ($0.12-$0.60) Price Feb 27, 2012: $0.115

Cash Avail: 11.3M (Dec 31, 2011)

High/Low : $0.37/$0.09

Developing a Gold/Silver Mine & Exploring for Precious Metals in Mexico, March 2012
22

Current share price implies valuation of only $51.81 per P+P & M+I in situ gold ounce (based on 100% basis)

Dual listed as of Oct 2010.

Trading near all time lows.

MAJOR PRICE CATALYST APPROACHING!