CJO Cerro Resources Nl

Cerro Resources NL (ASX:CJO)(TSX VENTURE:CJO) reports that its shareholders have
approved the grant of 1,500,000 options to one of its executive officer. The
options will be exercisable at a price of $0.17 until December 31, 2014.


About Cerro Resources

Cerro Resources is a precious and base metals exploration and development
company. The Company is currently focused on Mexico where it is developing the
Cerro del Gallo gold/silver project in the central state of Guanajuato, Mexico,
actively exploring the Namiquipa silver project in northern Mexico, and
commencing exploration on the Espiritu Santo gold/silver project in Jalisco. It
also maintains an active focus on the Mt Isa, Queensland, region where it holds
100% of the Mt Philp haematite project as well as a continued interest in the
Kalman molybdenum, rhenium, and copper project.


Additional information about the Company and its projects is available on the
Company's website at www.cerroresources.com and on SEDAR.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Tony McDonald, Managing Director & CEO
+61 7 3221 7501


Craig McPherson, CFO & Company Secretary
+61 7 3221 7501
admin@cerroresources.com


Ms. Gerri Paxton
Manager Investor Relations - North America
+1-514-544-2696
gpaxton@cerroresources.com

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