cerro de pasco silver corp

1. cerro de pasco silver corp is a canadian company with operations in cerro de pasco peru. this advanced tailing reprocessing project is the largest silver resource above ground in the world with potentially 300 M oz of silver and important lead and zinc values as well. 50 years of high grade mill tail and mineral stockpiles were measured by a qualified person to be158 Million metric tons The known resource contains 200 Moz of silver, proven to be 65% recoverable, with negative cash cost of silver production when considering lead and zinc credits , the project value in a non discounted US$5B the opportunity to increase reserves’, and real commodity prices could double this valuation cerro de pasco silver corp is a canadian company with operations in cerro de pasco peru. this advanced tailing reprocessing project is the largest silver resource above ground in the world with potentially 300 M oz of silver and important lead and zinc values as well. 50 years of high grade mill tail and mineral stockpiles were measured by a qualified person to be158 Million metric tons The known resource contains 200 Moz of silver, proven to be 65% recoverable, with negative cash cost of silver production when considering lead and zinc credits , the project value in a non discounted US$5B the opportunity to increase reserves’, and real commodity prices could double this valuation

3. Metalurgista is a green project The national government has a priority to clean up the contamination to the watershed from acid mine drainage overflowing the quilulacoca lake damn and polluting the aquafer. A $22M mine closing reserve is held in trust by the government for cleanup expense and is available to the company after permits are issued. We plan to move the material 4km to a government studied site for the reprocessing plant and the new, sterile tailing deposit Local effected communies have granted the company a social license eager to restore the lake with our 20 year plan Metalurgista is a green project The national government has a priority to clean up the contamination to the watershed from acid mine drainage overflowing the quilulacoca lake damn and polluting the aquafer. A $22M mine closing reserve is held in trust by the government for cleanup expense and is available to the company after permits are issued. We plan to move the material 4km to a government studied site for the reprocessing plant and the new, sterile tailing deposit Local effected communies have granted the company a social license eager to restore the lake with our 20 year plan

4. In the pre-fasablity stage now we are modifying plans by goldMarca in 2006 that were deemed economical then without consideration of silver values which were $7 /oz at the time The aproved enviromental plan is being modified to redeposit the sterile tailing to a government studied site 4km away Extensive drill sampling made by our Q.P. is the basis of a resource estimate being upgraded to a NI-43-101 compliant technical report for the toronto exchange 3 metalugical studies are being interpreted and proven to the standards of the tsx by a consultant qualifed in canada our Management team has tailing reprocessing experience while a long time mineral processors in peru. Our advisors are recognized in N. America as top tier engineering and metalurgical consultants our enviomental and permit consultant has the highest level ministerial experinece. In the pre-fasablity stage now we are modifying plans by goldMarca in 2006 that were deemed economical then without consideration of silver values which were $7 /oz at the time The aproved enviromental plan is being modified to redeposit the sterile tailing to a government studied site 4km away Extensive drill sampling made by our Q.P. is the basis of a resource estimate being upgraded to a NI-43-101 compliant technical report for the toronto exchange 3 metalugical studies are being interpreted and proven to the standards of the tsx by a consultant qualifed in canada our Management team has tailing reprocessing experience while a long time mineral processors in peru. Our advisors are recognized in N. America as top tier engineering and metalurgical consultants our enviomental and permit consultant has the highest level ministerial experinece.

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13. Sampleing of the top 10m of quiulacocha had an average silver grade of 1.3 ounce per ton silver equating to 150 Million ounces. Although, this average grade disregards the normal particle distribution sands Sampleing of the top 10m of quiulacocha had an average silver grade of 1.3 ounce per ton silver equating to 150 Million ounces. Although, this average grade disregards the normal particle distribution sands

14. Cartoon illistrates a cross section profile view of the resource with relation to the mineral rites. Our private Metallurgista claim shown in red is central to the goverment concession package containing 55 Million metric tons concession includes two seperate resources, the quiulacocha lake mill pond in green totaling 108 Mt of which 30 Mt are within the claim And the Excelsior mineral heap of 50 Mt of which 25Mt are within the claim. The drilling for the 43-101 report was limited to 10 meters because of augering limitations and measured 7Mt as shown in the yellow box. Recent information proving the ultimate lake depth of 30m will increase the compliant resource estimate to 30 Mt The excelsior mineral heap has a 50m elevation The government concessions surrounding the metallurgista private inholding is available to the company to increase the reserve from 55 Mt to 158 MtCartoon illistrates a cross section profile view of the resource with relation to the mineral rites. Our private Metallurgista claim shown in red is central to the goverment concession package containing 55 Million metric tons concession includes two seperate resources, the quiulacocha lake mill pond in green totaling 108 Mt of which 30 Mt are within the claim And the Excelsior mineral heap of 50 Mt of which 25Mt are within the claim. The drilling for the 43-101 report was limited to 10 meters because of augering limitations and measured 7Mt as shown in the yellow box. Recent information proving the ultimate lake depth of 30m will increase the compliant resource estimate to 30 Mt The excelsior mineral heap has a 50m elevation The government concessions surrounding the metallurgista private inholding is available to the company to increase the reserve from 55 Mt to 158 Mt

18. our Management has tailing experience as long time mineral processors in peru. Our advisors are recognized in N. America as top tier engineering and metalurgical consultants our enviomental and permit consultant has the highest level ministerial experinece. our Management has tailing experience as long time mineral processors in peru. Our advisors are recognized in N. America as top tier engineering and metalurgical consultants our enviomental and permit consultant has the highest level ministerial experinece.

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30. Mkt cap = value of resource / factor ranging in the pier group of silver producers from 6 to 13 This table resolves the resource value by assumed price So if we assume our resource to be 100 Moz Ag and conservativley position ourselves on the most discounted end of valuations using a factor 12 then we should have a mkt cap of $292M with todays $35/oz silver price. If you should calculate our pre money valuation base on on a resource of 50Mt and a future silver price of only $25/oz and multipy by the worst factor in the pier group you still arrive at a $100M mkt cap. On the growth story, a 300 Moz resource at $50 silver values the company at $1.1B to $ 2.5B depending on the valuation factor but the10x growth from $100M to $1B possibly over just 3 years was achieved without exploration costs Mkt cap = value of resource / factor ranging in the pier group of silver producers from 6 to 13 This table resolves the resource value by assumed price So if we assume our resource to be 100 Moz Ag and conservativley position ourselves on the most discounted end of valuations using a factor 12 then we should have a mkt cap of $292M with todays $35/oz silver price. If you should calculate our pre money valuation base on on a resource of 50Mt and a future silver price of only $25/oz and multipy by the worst factor in the pier group you still arrive at a $100M mkt cap. On the growth story, a 300 Moz resource at $50 silver values the company at $1.1B to $ 2.5B depending on the valuation factor but the10x growth from $100M to $1B possibly over just 3 years was achieved without exploration costs

33. our Management has tailing experience as long time mineral processors in peru. Our advisors are recognized in N. America as top tier engineering and metalurgical consultants our enviomental and permit consultant has the highest level ministerial experinece. our Management has tailing experience as long time mineral processors in peru. Our advisors are recognized in N. America as top tier engineering and metalurgical consultants our enviomental and permit consultant has the highest level ministerial experinece.

36. Viewing a North Up satelite image of the 100km distance between Cerro de Pasco and La Oroya The mill tailing pond is clearly visible at 65km altitude and and the drainage into an important water supply and nature preserve is apearent The railway existing to from the plant site to the smelter is highlighted in white alongside the highway in yellow. Viewing a North Up satelite image of the 100km distance between Cerro de Pasco and La Oroya The mill tailing pond is clearly visible at 65km altitude and and the drainage into an important water supply and nature preserve is apearent The railway existing to from the plant site to the smelter is highlighted in white alongside the highway in yellow.