Primero Mining (PPP) agrees to acquire Cerro Resources (CRRRF.OB) in a deal valued at ~$119M....

|About: Primero Mining Corp. New Or... (PPP)|By:, SA News Editor

Primero Mining (PPP) agrees to acquire Cerro Resources (CRRRF.OB) in a deal valued at ~$119M. Cerro's principal asset is 69% of the feasibility stage Cerro Del Gallo project in Mexico, a gold-silver deposit with ~1M oz. of gold equivalent proven and probable reserves and 2.3M oz. of gold equivalent measured and indicated resources.