Northwire Canada EditionTuesday, November 3, 2026
Northwire
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Gold 3,969.60 +1.8% Silver 50.89 +3.3% Copper 6.54 +0.9% Oil 96.46 −7.4% Palladium 962.50 −2.5% QRO 0.030 +0.0% PGC 0.030 +0.0% SASK 0.840 −2.3% GIGA 0.050 +0.0% WDO 26.12 +2.2% ERO 40.76 +0.2% BIRD 0.160 −13.5% ODV 3.20 −1.8% FVI 12.72 +3.1% SRI 0.015 + BTR 0.125 +4.2% NVO 0.065 +8.3% BTT 0.110 +4.8% MUX 19.55 +0.8% SCD 0.150 +0.0% PPX 0.220 +0.0% Gold 3,969.60 +1.8% Silver 50.89 +3.3% Copper 6.54 +0.9% Oil 96.46 −7.4% Palladium 962.50 −2.5% QRO 0.030 +0.0% PGC 0.030 +0.0% SASK 0.840 −2.3% GIGA 0.050 +0.0% WDO 26.12 +2.2% ERO 40.76 +0.2% BIRD 0.160 −13.5% ODV 3.20 −1.8% FVI 12.72 +3.1% SRI 0.015 + BTR 0.125 +4.2% NVO 0.065 +8.3% BTT 0.110 +4.8% MUX 19.55 +0.8% SCD 0.150 +0.0% PPX 0.220 +0.0%
Regulatory

OTC Markets Group Welcomes Cerro de Pasco Resources Inc to OTCQX

OTCQX Upgrade Validates Compliance, But Project Catalysts Remain the True Valuation Drivers

Executive Summary
  • Cerro de Pasco Resources Inc. has qualified to trade on the OTCQX® Best Market, upgrading from the OTCQB® Venture Market effective April 29, 2026.
  • The company will begin trading under the new ticker symbol “GPPRF” immediately.
  • The upgrade is intended to increase visibility among U.S. investors and provide broader access to institutional capital.
  • This follows a series of compliance updates, including an NI 43-101 disclosure clarification on April 13, 2026, which prepared the company for higher market standards.
  • The operational focus remains on reprocessing and remediating historic, silver-rich mine tailings at the El Metalurgista mining concession in central Peru.
Material Impact
  • Liquidity and Access: OTCQX listing is a significant administrative milestone that removes barriers to institutional investment, which was previously restricted by OTCQB status. This supports long-term capital access but does not immediately inject cash.
  • Compliance Validation: The upgrade confirms the company has met higher disclosure standards following its recent NI 43-101 compliance work and financing activities (Nov 2025). It signals maturity to the market.
  • Price Context: The stock rallied from $0.28 in May 2025 to a high of $0.83 in January 2026, largely driven by the Eric Sprott financing and DFC funding news. The current price ($0.69) reflects a consolidation phase post-rally.
  • Incremental Nature: While positive, this is an administrative step following substantive operational progress (AMSAC access, DFC deal). It does not introduce new resource estimates or production data.
  • Risk of Disappointment: If the market expected this upgrade as part of the compliance trajectory announced in April 2026, the price impact may be muted compared to the initial financing news.
CDPR · Price
Company Overview
  • Company: Cerro de Pasco Resources Inc. (TSX-V: CDPR; OTCQX: GPPRF).
  • Flagship Project: Quiulacocha Tailings Reprocessing Project in central Peru.
  • Asset Details: 100% owned El Metalurgista mining concession with access to the Quiulacocha Tailings Storage Facility.
  • Objective: Recovery of silver, base metals (zinc, lead, copper), gold, gallium, and indium from historic tailings.
  • Development Stage: Pre-feasibility; Phase 1 technical work completed, Phase 2 drilling targeted for mid-2026.
  • Environmental Focus: Remediation of legacy mining liabilities combined with metal recovery.
Read the original news release →

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