JUNIOR PRODUCER DEVELOPING A LARGE SCALE WORLD CLASS ASSET
Latest News
Cerrado Gold Announces Q2 Financials, Cashflow and Operating Cost Performance at Its Minera Don Nicolas Mine in Argentina
Gold equivalent production of 16,255 GEO for Q2; On track for Full year guidance of 50,000-60,0000 GEOAdjusted EBITDA of $14.7 million for Q2Operating results for Q2 highlight stable operating performance which is expected for the remainder of the yearRecent 43-101...
Cerrado Gold Announces Start of Exploration Campaign at its Minera Don Nicolás Mine
Initial 3,000 metre drill program focused on the high-grade Goleta target and the Calandrias North down plunge extensionDrill program is part of campaign targeting the expansion of life of mine and total mineral resourcesTORONTO, ON / ACCESSWIRE / August 20, 2024 /...
Cerrado Gold Announces Resumption of Trading and Provides Update and Full-Year Guidance for Minera Don Nicolas Mine
Common shares to resume trading at the opening on August 8th, 2024MDN operations are performing well with Q2/24 production of 16,255 Gold Equivalent Ounces ("GEO")Full-Year production guidance of 50,000 - 60,000 GEO at AISC of US$1,200-1,400/ozRecent PEA...
Cerrado Gold Reports NI 43-101 Preliminary Economic Assessment and Mineral Resource Estimate for the Minera Don Nicolas Mine in Santa Cruz, Argentina
After Tax NPV5% of US$111 Million at US$2,100/oz Au priceAfter Tax NPV5% of US$153 Million at Spot prices1Average annual production targeted at approx. 56,000 Gold Equivalent Ounces ("GEO")2Life of Mine Average annual EBITDA of US$49 Million and FCF of US$25...
OUR OPERATIONS & PROJECTS 100% OWNERSHIP
Minera Don Nicolas (Santa Cruz, Argentina)
Located in the mineral rich Deseado Massif in the province of Santa Cruz, Argentina, Minera Don Nicolas (MDN) is an open pit gold mine with an associated 1,000 tpd carbon in leach (CIL) gold recovery plant, currently producing over 50koz pa with plans to expand to 90 koz pa by 2025. The company holds 330,200 ha in the heart of the Deseado Massif; a highly prospective and underexplored low-sulphidation epithermal gold system.
Mont Sorcier (Quebec, Canada)
Development into Production
The 100% owned Mont Sorcier Iron ore and Vanadium project is located just a short drive from the town of Chibougamau, Quebec. The Company most recently published an NI 43-101 compliant updated Mineral Resource Estimate in July 2022 and a Preliminary Economic Assessment in September 2022. The PEA highlighted a 5.0 Mtpa operation over a 21 year life of mine, producing high-grade Iron Ore concentrate of +65% Fe. More recent studies now confirm the ability to produce Direct Reduction Iron Concentrate with grades of +67% Fe and low in Silica and Aluminum. The Company is currently progressing a Feasibility Study on the Mont Sorcier project, which is expected to be completed towards the end of 2024 as well as progressing permitting for the construction.