Recorded on July 8 2026 live at the Rick Rule Symposium 2026
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Cerro de Pasco Resources Chief Executive Officer and Director Guy Goulet joins host Steve Yang to explain the company’s strategy for reprocessing historic mineral tailings and stockpiles in central Peru. The discussion focuses on the El Metalurgista concession, including the Quiulacocha tailings and the opportunity to recover silver, zinc, lead, copper and gold without conventional mining. Goulet explains why the above-ground nature of the material could reduce operational complexity and why metallurgy, recovery rates and feasibility work are central to the investment case. He also discusses the potential significance of gallium and indium, the company’s approach to silver-bearing pyrite, upcoming copper drilling and possible economic benefits for the Cerro de Pasco community. The interview also covers project financing, share structure, jurisdiction, community support and the technical or market factors that could affect development.
Key Topics
Historic tailings and stockpile reprocessing
No conventional mining requirement
Silver, zinc, lead, copper and gold recovery
Gallium and indium potential
Metallurgical testing and recovery rates
Pyrite roasting and sulphuric acid strategy
Copper drilling and grade potential
Project financing and feasibility work
Peru jurisdiction and community benefits
Share structure and investor catalysts
Cerro de Pasco Resources
Website https://www.pascoresources.com/
Investor Center https://www.pascoresources.com/investors/
Corporate Information https://www.pascoresources.com/corporate/
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Chapters
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00:00 Why the project could benefit Peru 01:07 Introduction and company listings 01:51 Investor interest at the symposium 02:04 The no-mining project model 02:54 Cerro de Pasco and its mining history 03:29 Historic recovery rates and tailings 04:48 Testing the above-ground material 05:54 Moving toward feasibility 06:31 Operating cost advantage 07:19 Moving tailings and recovering metals 07:50 Gallium and critical metals 08:41 Pyrite and sulphuric acid strategy 10:15 Project economics and upside 11:16 Metallurgical testing timeline 11:58 JP Morgan and the district’s history 12:58 Share structure 13:40 U.S. listing discussion 14:32 Copper drilling outlook 15:34 Above-ground copper potential 16:47 Peru jurisdiction 17:28 Funding and development challenges 18:17 Community support 19:33 Government and metallurgy factors 20:07 Closing remarks and contact
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