247 Major Street, Toronto, ON, M5S 2L5 Canada Tel.
416-203-3957 • Fax 416-203-4197
www.cuervoresources.com
PRESS RELEASE
FOR IMMEDIATE RELEASE
CUERVO REACHES THREE YEAR AGREEMENT WITH THE COMMUNITY OF
MISANAPATA FOR ADVANCED EXPLORATION OF IRON ORE IN PERU
January 17, 2012 - Toronto, ON
Cuervo Resources Inc. (CNQ-FE; FWB-CRR; 'Cuervo" or the
"Company") announces it has reached a three year agreement
with the community of Misanapata to carry out advanced
exploration activities on their lands. Misanapata's lands
cover over 80% of the Bob 1 anomaly.
The Bob 1 anomaly is one of the Company's two, 1- billion
tonnes iron ore targets outlined by geophysical exploration.
The Company plans to release a letter to shareholder to
explain activities and goals before the end of January.
Cuervo is focused on the exploration for iron ore in Perú and
currently holds a 100% interest in over 20,000 ha of
prospective mineral exploration lands in that country through
its wholly owned subsidiary, Minera Cuervo S.A.C. The focus
of exploration work has been, for the past five years, the
Company's Cerro Ccopane property located 65 km south of Cuzco
(600 km southeast of Lima).
The Company has 37,684,750 shares outstanding (79,173,023
fully diluted).
For further information, please contact Mr Brian Berner CEO
and a Director of the Company at
416-203-3957 x201 or Mr Tom Berner, Investor Relations, at
416-203-3957 x202. Additional
information about Cuervo can be found at the Company's
website at www.cuervoresources.com.
The Canadian National Stock Exchange (CNSX Markets Inc.) has
neither approved nor disapproved of the contents of this
press release.
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Cuervo Reaches Three Year Agreement with the Community of Misanapata for Advanced Exploration of Iron Ore in Peru |