Cerrado Gold Inc.

Recent News

  • Cerrado Gold Appoints Dr. Jon Gilligan and Mr. David Ball to Its Board of Directors

    Toronto, Ontario--(Newsfile Corp. - November 5, 2020) -  Cerrado Gold Inc. ("Cerrado" or the "Company") is pleased to announce the appointments of Dr. Jonathan Gilligan and Mr. David Ball to the Company's Board of Directors.Dr. Gilligan is currently Vice President, Automated Mine Design at Torex Gold Resources Inc., a mid-tier gold producer with assets in Mexico. He previously held senior technical and operating roles with SSR Mining and prior to that, multiple executive positions with BHP. During his 35-year career...

    2020-11-05 6:30 AM ET
  • BB1 Acquisition Corp. and Cerrado Gold Inc. Announce Brokered Private Placement of up to C$25 Million

    Toronto, Ontario--(Newsfile Corp. - November 3, 2020) - BB1 Acquisition Corp. (TSXV: BBA) ("BB1" or the "Company") and Cerrado Gold Inc. ("Cerrado Gold") jointly announce that, in connection with the "Qualifying Transaction" of BB1 previously announced on August 4, 2020, Cerrado Gold has entered into an agreement with a syndicate of agents co-led by Stifel GMP, Cormark Securities Inc. and Haywood Securities Inc. (collectively the "Lead Agents"), and including Canaccord Genuity Corp, Red Cloud Securities Inc. and H.C. Wainwright &...

    2020-11-03 6:30 AM ET
  • Cerrado Gold Enters into Binding Agreement to Acquire Minera Mariana Argentina S.A. from New Dimension Resources Ltd.

    Toronto, Ontario--(Newsfile Corp. - October 28, 2020) -  CERRADO GOLD ("Cerrado" or the "Company") is pleased to announce it has entered into a Binding Letter of Intent ("LOI") with New Dimension Resources Ltd. ("New Dimension") to acquire 100% of its Argentine subsidiary Minera Mariana Argentina S.A ("Minera Mariana") (the "Transaction"). The Transaction is expected to close on or around November 30, 2020.Acquisition HighlightsNew Dimension has outlined National Instrument (NI) 43-101 compliant resources on two deposits, Calandria Norte and Calandria SurCalandria...

    2020-10-28 5:30 AM ET
  • Cerrado Gold Inc. Files Independent Technical Report for the Updated Mineral Resource Estimate at Its Minera Don Nicolas Gold Project in Santa Cruz Province, Argentina

    M & I Resources include 198,808 Ounces Au and 241,903 Ounces AgInferred Resources include 348,693 Ounces Au and 320,118 Ounces AgToronto, Ontario--(Newsfile Corp. - October 20, 2020) - Cerrado Gold Inc. ("Cerrado" or the "Company") is pleased to announce the filing of a final draft technical report entitled, "Independent Technical Report for the Minera Don Nicolás ("MDN") Gold Project, Santa Cruz, Argentina", supporting the updated mineral resource estimate, and the first resource update since 2012 at the Minera Don...

    2020-10-20 5:30 AM ET
  • Cerrado Gold Commences 2020 Drill Program at Its Monte do Carmo Gold Project in Tocantins State, Brazil

    Toronto, Ontario--(Newsfile Corp. - October 15, 2020) - CERRADO GOLD ("Cerrado" or the "Company") is pleased to announce the commencement of its 2020 exploration program at the Serra Alta Gold deposit ("Serra Alta") at its Monte do Carmo Project ("Monte do Carmo" or the "Project") located in Tocantins State, Brazil. This program follows the success of the 2018 drill program which resulted in a maiden National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101") compliant resource estimate...

    2020-10-15 5:30 AM ET
  • Cerrado Gold Reports After Tax NPV8% of US$377 Million and IRR of 76% in Its Preliminary Economic Assessment for the Serra Alta Deposit at Its Monte Do Carmo Gold Project in Tocantins State, Brazil

    Long-Term Gold Price US$1,5507 Year annual production targeted at approx. 103,000 ounces goldInitial Capex US$110 million (including US$25 million contingency)Total after tax free cash flow estimated US$78 million per annum (Cumulative US$548 million) Average Cash Costs of US$480.95/oz; Avg AISC US$498/ozPotential to be amongst lowest 10% of AISC cost mines in the worldUpside potential from continued drilling & resource expansion PEA Summary Results

    2020-10-14 5:30 AM ET
  • Cerrado Gold Engages GoldSpot at Its Minera Don Nicholas Mine in Argentina

    GoldSpot to augment Cerrado's internal resources to use its geoscience and machine science expertise to clean, unify and analyze exploration data to target explorationToronto, Ontario--(Newsfile Corp. - September 16, 2020) - GoldSpot Discoveries Corp. (TSXV: SPOT) (the "Company" or "GoldSpot") has been engaged by Cerrado Gold Inc. ("Cerrado") to apply machine learning and its proprietary data science expertise to identify new exploration targets on Cerrado's Minera Don Nicolas (MDN) project, located in Santa Cruz, Argentina. In its analysis, GoldSpot...

    2020-09-16 8:44 AM ET
  • Cerrado Gold Completes the Acquisition of Minera Don Nicolas SA and Its Operating Mine Located in the Prolific Deseado Massif Region, Santa Cruz, Argentina

    Conference call Thursday March 19 at 11:00am EDTAcquisition adds immediate, profitable, gold production to CompanyProperty encompasses over 272,000 hectares and is located within the highly prolific Deseado Massif region, Santa Cruz Province, home to several multi-million ounce deposits including Cerro Vanguardia (Anglo Gold Ashanti) Cerro Negro (Newmont GoldCorp) and Cerro Morro (Yamana)Projected gold production of over 50,000 ounces per year at an AISC of less than $1,000/oz over at least 7-years Significant potential for operational improvements expected to deliver increased...

    2020-03-17 5:00 AM ET