LONGUEUIL, QUEBEC--(Marketwire - Oct. 30, 2012) - Cerro Resources NL (ASX:CJO)(TSX VENTURE:CJO) ("Cerro" or "the Company") releases its Quarterly Activities Report, including the financial statements for the quarter ending September 30, 2012. The report is available on the Company's website [ www.cerroresources.com ] and on SEDAR ([ www.sedar.com ]).

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.

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