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Cerro de Pasco Resources

Silver developer.

developer silver
Aug 2025 → Jul 2026Covered
7 of 10Topics on record
1 executiveNamed on the record
Generate Claims & Checks What management and commentators said, and what still needs independent verification 3 interviews with the company
Stage
Developer
Primary commodity
Silver
Latest appearance
13 Jul 2026
On record
3 interviews · 14 statements · 1 executive

At a glance

What the record holds today. Every card names where it came from — a management representation is not an established fact, and the page never blurs the two.

Grade
head grade was 4% copper, 2-3 oz silver, sometimes 8% zinc, 3% lead
Management-stated Guy Goulet May 2026
Money on hand
$40 million
Stated capital need: US $5 million grant received from US government; Eric Sprott owns $10 million worth of warrants
Management-stated Guy Goulet May 2026
What happens next
drills should be there by end of June
Management-stated Guy Goulet May 2026
The main open question
The deposit is tailings—already-processed material from old operations—and the key claim that grades exceed planetary underground averages is unproven and critical to project economics.
Weighed from the statements below, not our opinion of the company.
Our reading

Management view vs outside view

Management interviews are promotional by nature; the outside view is the counterweight. Both are quoted from the recordings, not added by us.

What management spends its time on

Counted from Cerro de Pasco Resources's own claims across 3 interviews — most-covered theme first.

What outside voices pick up on

No independent commentary on record yet — so far the page carries only the company's own voice.

Bull · Bear · Watch next

Weighed from the statements on this page — management's pitch and the outside view. Not financial advice, and not our opinion of the company.

▲ Bull case

Management says the company owns historic tailings with no debt, $40 million cash, and a $5 million US grant—enough to fund exploration of what it expects to be the world's largest above-ground mineral resource.

What it rests on
Evidence: 2 moments from 1 interview
Read the full case

Management says the company owns historic tailings with no debt, $40 million cash, and a $5 million US grant—enough to fund exploration of what it expects to be the world's largest above-ground mineral resource. The tailings reportedly grade 4% copper with 2–3 oz silver and higher average grades than typical underground mines, recovered at 60% historically. A feasibility study is due Q3 2027.

▼ Bear case

The deposit is tailings—already-processed material from old operations—and the key claim that grades exceed planetary underground averages is unproven and critical to project economics.

What it rests on
Evidence: 1 moment from 1 interview
Read the full case

The deposit is tailings—already-processed material from old operations—and the key claim that grades exceed planetary underground averages is unproven and critical to project economics. No independent technical review or outside investor commentary exists. Permitting is incomplete (96 hectares of 180-acre target approved), and drilling doesn't start until end of June, delaying validation.

◆ Watch next

Drill arrival by end of June 2024; completion of 5-month drilling program; feasibility study delivery in Q3 2027.

What it rests on
Evidence: 2 moments from 1 interview
Read the full case

Drill arrival by end of June 2024; completion of 5-month drilling program; feasibility study delivery in Q3 2027. Permitting of remaining ~84 hectares remains a prerequisite. No financing plan is articulated for development phase, only exploration funds.

Each moment links to the exact point in the source recording. The cases are drawn from the transcripts, weighed as written — they are not a rating, a target or a recommendation.

Project 6 statements

The deposit 4

Key takeaway. Management describes the deposit as historic tailings and stockpiles from a poly-metallic mine, containing copper, gold, silver, lead and zinc.

Read the full summary

The company reports that historic operations recovered about 60% of metals, with a head grade of 4% copper, 2-3 oz silver, and sometimes 8% zinc and 3% lead. The CEO added that they expect this to be the largest above-ground mineral resource on the planet.

What was actually said
deposit type
historic tailings and stockpile from poly-metallic mine containing copper, gold, silver, lead and zinc
“we own the mineral rights on these stock piles and these tailings”
Guy Goulet· 19 May 2026·
exploration upside
expect to be the largest above ground mineral resource on the planet
“we own the mineral rights on what we expect to be the largest above ground mineral resource on the planet”
Guy Goulet· 19 May 2026·
grade
head grade was 4% copper, 2-3 oz silver, sometimes 8% zinc, 3% lead
“13,000 ton head grade was 4% copper was always 2 three o silver was sometime 8% zinc was like 3% lead”
Guy Goulet· 19 May 2026·
Show the other 1 statement
recovery rate
historic operations recovered about 60% of metals
“they were recovering kind of 60% of the metals”
Guy Goulet· 19 May 2026·

Jurisdiction 1

What was actually said
permit status
rectangle permit on 96 hectares drilled; extension to 180 acres approved via easement
“we have a rectangle permit. Okay. On 96 hectares. So we drilled that already...we ask the government for to extend to annex the rest of the surface of the tailings and the stockpile to our rectangle and we have done that”
Guy Goulet· 19 May 2026·

Technical risk 1

What was actually said
key assumption
average grade of lead, zinc, copper, gold and silver in tailings is higher than average of underground mine on planet
“the average grade of the lead, zinc, copper, gold and silver in these tailings is higher than the average of an underground mine on the planet”
Guy Goulet· 19 May 2026·

Economics 3 statements

Financing 3

Key takeaway. Management reports that as of May 2026 the company has no debt and a cash position of $40 million.

Read the full summary

The company also says it received a US $5 million grant from the US government, and that Eric Sprott owns $10 million worth of warrants.

What was actually said
capital needed
US $5 million grant received from US government; Eric Sprott owns $10 million worth of warrants
“We just received a grant from uh government of the United States for because we've got gallium also in that project. So we received a $5 million US grant and uh we also still have Eric Sprat who owns $10 million worth of wars”
Guy Goulet· 19 May 2026·
cash position
$40 million
“we've got $40 million cash”
Guy Goulet· 19 May 2026·
debt status
no debt
“the company has no debt”
Guy Goulet· 19 May 2026·

Timeline 3 statements

Timeline 3

Key takeaway. Management stated in May 2026 that drills should be on site by the end of June 2026, with a drilling program expected to last about five months.

Read the full summary

A study is due in Q3 2027, according to the same May 2026 update.

What was actually said
drilling duration
5 months
“the drilling will last some 5 months”
Guy Goulet· 19 May 2026·
permit timing
drills should be there by end of June
“the drill should be there by the end of June”
Guy Goulet· 19 May 2026·
study due
Q3 2027
“feasibility study that should be out by I would say Q3 2027”
Guy Goulet· 19 May 2026·

Corporate 2 statements

Management 1

What was actually said
track record
listed 11 companies on Montreal, Toronto, Canadian stock exchanges and alternext Paris; first in lithium space in 1995; listed Aya Gold and Silver now 3.5 billion market cap
“I've listed 11 companies either on the Montreal stock exchange at that time or the Toronto Stock Exchange or the Canadian stock exchange...I've been the first one in the lithium space back in 1995...I've listed uh Maria Gold and Silver, which is today Aya Gold and Silver. It's a 3.5 billion market cap company”
Guy Goulet· 19 May 2026·

Share structure 1

What was actually said
market cap
$450 million Canadian
“market cap is about uh $450 million Canadian”
Guy Goulet· 19 May 2026·

Sources 3 interviews

Every interview 3

DateChannelInterviewStatements
13 Jul 2026 In it to Win it Cerro de Pasco Could Become The World's Biggest Above Ground Silver Mine No claims identified
19 May 2026 Rule Investment Media Guy Goulet, CEO of Cerro de Pasco Resources Inc. | Rule Symposium 2026: Rick Rule interviews 14
01 Aug 2025 In it to Win it Reprocessing 400 Years of Riches: Why Cerro de Pasco Could Be 2025’s Best Mine Bet! No claims identified

What else those interviews covered

Every other asset named in the same recordings, by how many of them named it — the company's coverage context, not its holdings. Where the name is another company we hold a record for, it links to it.

gold 3
copper 3
silver 3
gallium 3
zinc 2
indium 2
pyrite 1

Questions people ask

What is Cerro de Pasco Resources's project and where is it?

Cerro de Pasco Resources is a developer silver company. Everything here is drawn from its executives' own interviews.

Which interviews mention Cerro de Pasco Resources?

We track 3 interviews mentioning Cerro de Pasco Resources, across 2 channels (In it to Win it, Rule Investment Media).

What are investors saying about Cerro de Pasco Resources?

No independent commentary is on record yet — so far the page carries only the company's own voice.

What do recent interviews with Cerro de Pasco Resources cover?

The most-discussed topics on record are the deposit, financing, timeline, jurisdiction — each claim quoted and dated in the sections above.

How to read this page

What is here

Statements made by company representatives in the interviews listed above — each one carrying the words that made it, the date, and the recording. Nothing is added from any other source: if it was not said on a recording, it is not on this page. The one exception lives in the Claims & Checks record, which cites a metal price from our own feed so a stated cost can be set against it — and labels it as ours wherever it appears.

What is not verified

All of it. Resource figures, economics, timelines and promotional framing are management's own representations, checked against no filing and no technical report. Transcripts are automatic; we repair a clearly mis-heard word but never a number, a date, a unit or a speaker's hedge — “about 8.6 million ounces” keeps its “about”.

How to use it

Treat it as a map of what has been said, not as a source of fact. Where a figure matters to you, open the recording and read the company's filings. Nothing here is financial advice, a recommendation, or an offer to buy or sell any security — these are interested parties discussing their own company.

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