JUNIOR PRODUCER DEVELOPING A LARGE SCALE WORLD CLASS ASSET
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Cerrado Gold Receives Notice From Hochschild Subsidiary to Exercise its Option to Acquire the Monto Do Carmo Gold Project
Closing cash payments of US$30 million and an additional US$15 million future payments due to Cerrado. Company well-positioned to drive future growth via its operating Minera Don Nicolas gold mine in Argentina and its Mont Sorcier iron ore project in...
Cerrado Gold Announces Q3 Gold Production Results For Its Minera Don Nicolas Mine In Argentina
Q3 Production of 16,604 Gold Equivalent Ounces ("GEO") vs 16,255 GEO in Q2 and 11,204 in Q1, 2024.Calandrias Norte high-grade ore supplemented by additional pits extending CIL operation into 2025.Production of 3,404, GEO from Heap leach operations during the...
Cerrado Gold Appoints Andrew Croal as Chief Technical Officer
Enters IR Services Marketing Agreement with German Mining Networks GMBHTORONTO, ON / ACCESSWIRE / October 7, 2024 / Cerrado Gold Inc. (TSX.V:CERT)(OTCQX:CRDOF) ("Cerrado" or the "Company") is pleased to announce the appointment of Andrew Croal as...
Cerrado Files NI 43-101 Preliminary Economic Assessment Technical Report 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 prices 1Average annual production targeted at approx. 56,000 Gold Equivalent Ounces ("GEO") 2Life of Mine Average annual EBITDA of US$49 Million and FCF of...
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.