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 December 31, 2012. 


The Quarterly Report includes information regarding the transaction with Primero
Mining and exploration updates relating to Namiquipa and Espirtu Santo.


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Cerro Resources NL
Tony McDonald, Managing Director
Craig McPherson, Chief Financial Officer
+61 7 3221 7501
admin@cerroresources.com


Cerro Resources NL
Greg Germon
General Manager Investor Relations - Australia Manager
+61 2 9300 3341
greg@cerroresources.com


Cerro Resources NL
Ms. Gerri Paxton
Investor Relations - North America
+1-514-544-2696
gpaxton@cerroresources.com
www.cerroresources.com

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