Cerro Grande Mining Corporation Announces Completion of Report by Quantec
Geoscience on its Santa Cecilia Prospect
TORONTO, March 19, 2013
TORONTO, March 19, 2013 /PRNewswire/ - Cerro Grande Mining Corporation (the
"Company" or "CEG") (TSX-CEG; OTCQX-CEGMF) reported that it has received the
Quantec Geoscience ORION 3D DC/IP/MT Survey Geophysical Report on the Santa
Cecilia Prospect on which it holds a 65.6% option.
Based on the study, Quantec recommends twenty-three DC/IP/MT anomalies for
future drilling, nearly all of which are located within the previously
established five MMI (mobile metal ion) gold and copper anomalies at Santa
One of the most interesting DC/IP/MT anomalies sighted for drilling lies 1,000
meters to the south west of Exeter Resources Caspiche orebody, which is
located in the Maricunga Gold/Copper belt of Chile.
Cerro Grande Mining Corporation is a minerals producing, exploration and
development company with properties and activities currently focused in Chile.
Cautionary Statement on Forward-looking Information
This news release contains "forward-looking information", which may include,
but is not limited to, statements with respect to the future financial or
operating performance of CEG. Often, but not always, forward-looking
statements can be identified by the use of words such as "plans", "expects",
"is expected", "budget", "scheduled", "estimates", "forecasts", "intends",
"anticipates", or "believes" or variations (including negative variations) of
such words and phrases, or state that certain actions, events or results
"may", "could", "would", "might" or "will" be taken, occur or be achieved.
Forward-looking statements involve known and unknown risks, uncertainties and
other factors which may cause the actual results, performance or achievements
of CEG to be materially different from any future results, performance or
achievements expressed or implied by the forward-looking statements.
Forward-looking statements contained herein are made as of the date of this
press release based on current expectations and beliefs and CEG disclaims,
other than as required by law, any obligation to update any forward-looking
statements whether as a result of new information, results, future events,
circumstances, or if management's estimates or opinions should change, or
otherwise. There can be no assurance that forward-looking statements will
prove to be accurate, as actual results and future events could differ
materially from those anticipated in such statements. Accordingly, the reader
is cautioned not to place undue reliance on forward-looking statements.
SOURCE Cerro Grande Mining Corporation
CERRO GRANDE MINING CORPORATION
79 WELLINGTON STREET WEST, SUITE 2300
TORONTO, ONTARIO M5K 1H1
67 YONGE STREET, OF. 1201
TORONTO, ONTARIO M5J 1J8
AVENIDA SANTA MARIA 2224
PROVIDENCIA, SANTIAGO, CHILE
For further information, contact:
Stephen W. Houghton, CEO
David R. S. Thomson, EVP
Renmark Financial Communications Inc.
Tel.: (416) 644-2020 or (514) 939-3989
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