Cerro Resources Files Scheme Implementation Deed

Cerro Resources Files Scheme Implementation Deed 
TORONTO, ONTARIO -- (Marketwire) -- 01/07/13 -- Further to the
announcement of December 14, 2012, a copy of the Scheme
Implementation Deed entered into between Cerro Resources NL ("Cerro")
(ASX:CJO)(TSX VENTURE:CJO) and Primero Mining Corp. ("Primero")
(TSX:P)(NYSE:PPP) has been filed on SEDAR under Cerro's profile
(www.sedar.com) and is available on Cerro's website
The Scheme Implementation Deed sets out the material terms and
conditions of the transaction between Cerro and Primero.  
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 advancing 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 working focus on the Mt Isa, Queensland, region where it is
exploring the Mt Philp haematite project and it holds an 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
About Primero  
Primero Mining Corp. is a Canadian-based precious metals producer
that owns 100% of the San Dimas gold-silver mine in Mexico. Primero
is focused on delivering superior, sustainable value for all
stakeholders with low-risk exposure to precious metals. The Company
has intentions to become an intermediate producer by building a
portfolio of high quality, low cost precious metals assets in the
Additional information about Primero and its projects is available on
the Company's website at www.primeromining.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. 
Tony McDonald, Managing Director & CEO
Craig McPherson, CFO & Company Secretary
+61 7 3221 7501
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