Cerrado Gold Updated Metallurgical Testwork Supports Ability to Produce 67% High Purity, Direct Reduction Iron (“DRI”) Grade Concentrates at Its Mont Sorcier Iron Ore Project in Quebec

by cerrado | Mar 3, 2025 | 2024

Metallurgical test work on Master Composite reaffirms production of DRI grade iron concentrate with combined Silica and Alumina below 2.5%;DRI grade concentrate demand to grow at a CAGR of over 9.0% p.a. for the next decade according to industry forecastsEnhanced...

Cerrado Gold To Acquire Ascendant Resources Inc.

by cerrado | Feb 3, 2025 | 2025

Cerrado is building undervalued world class assets to drive significant cash flow Attractive opportunity to acquire 80% of the robust Lagoa Salgada VMS Project with a Post-tax NPV of US$147 million and a 39% IRR in current Feasibility Study. Adds substantial precious...

Cerrado Gold Announces Q4 and Annual 2024 Gold Production Results for its Minera Don Nicolas Mine in Argentina

by cerrado | Jan 15, 2025 | 2025

Annual Gold Equivalent Ounce (“GEO”) Production of 54,494 GEO; in line with Guidance of 50,000 – 60,000 GEO. Q4 Production of 10,431 GEO impacted by lower than planned ore grades from residual open pits. Record Production of 5,956, GEO from Heap Leach operations...

Minera Don Nicolas Receives Initial US$4 Million Option Payment from Cerro Vanguardia SA for The Sale of its Michelle Exploration Properties for Total Consideration of US$14 Million

by cerrado | Dec 30, 2024 | 2024

Initial US$4 Million Peso Equivalent Option Payment received which further strengthens balance sheetRemaining consideration of US$10 Million Pesos equivalent payable on exercise; within 3 yearsCompany well-positioned to drive future growth via its existing operating...

Minera Don Nicolas Enters Option Agreement with AngloGold Ashanti Argentinian Subsidiary, Cerro Vanguardia SA, for the Sale of its Michelle Exploration Properties for Total Consideration of US$14 Million

by cerrado | Dec 23, 2024 | 2024

Initial US$4 Million Option Payment; Further strengthening balance sheetRemaining consideration of US$10 Million payable on exercise within 3 yearsCompany well-positioned to drive future growth via its operating Minera Don Nicolas gold mine in Argentina and its Mont...