Cuervo Resources is pleased to report results from the Company's most recent program of geophysical surveying carried out on and nearby to the Bob 1 zone at its Cerro Ccopane Iron Project in Peru. The geophysical work was integral to a recently completed $5.25 million exploration program at Bob 1, which together with over 4,375 meters of drilling [...]
Cuervo Resources reports results from the final two holes of initial drilling on the Bob 1 zone of its Cerro Ccopane Iron Project in south central Peru. Laboratory results of Hole 17, designated BDH 12-17, intersected 112.5 meters grading 49.3% Fe. Hole 18, designated BDH12-18, intersected 35.4 meters grading 52.4% Fe. Both holes were drilled as [...]
Cuervo Resources is pleased to report that the private placement of 1,000,000 common shares of the Company at an issue price of $0.125 CDN per share for aggregate proceeds of $125,000 CDN has closed. This closing is the second and final tranche of a private placement of 4,000,000 common shares for aggregate proceeds of $500,000 CDN. The first [...]
Cuervo Resources is pleased to report that the private placement of 3,000,000 common shares of the Company at an issue price of $0.125 CDN per share for aggregate proceeds of $375,000 CDN has closed. This closing is part of a private placement of 4,000,000 common shares for aggregate proceeds of $500,000 CDN. Due to a delay in the international [...]
Cuervo Resources reports that Strike Resources Limited of Perth, Australia, has elected not to advance the $9.75 million Phase Two Loan to Cuervo contemplated under a 3 year $15 million Investment Agreement entered into in July 2011. As a result of the decision by Strike, a number of consequences have been triggered under the Investment Agreement [...]
