CDPR SIGNS TERM SHEET FOR AN ADDITIONAL US$ 12M TO DEVELOP ITS SANTANDER MINE

Cerro de Pasco Resources Inc. (CSE:CDPR) (OTCPK: GPPRF) (FRA: N8HP) ("CDPR" or the "Company") is pleased to announce that on July 18, 2023, it signed a Term Sheet with China Railway N° 10 Engineering Group CO. LTD., Sucursal del Perú ("CREC10"), an engineering and construction company, providing US$ 12.0M of services to be used for the construction of infrastructure and development of the Santander Pipe Project (the "Funded Construction Services"). In addition, CREC10 will provide contract minin

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