JUNIOR PRODUCER DEVELOPING A LARGE SCALE WORLD CLASS ASSET
Latest News
Cerrado Gold Announces Failure To File Cease Trade Order
TORONTO, ON / ACCESSWIRE / May 8, 2024 / Cerrado Gold Inc. (TSXV:CERT)(OTCQX:CRDOF) ("Cerrado" or the "Company") announces that the Ontario Securities Commission (the "OSC") has issued a failure to file cease trade order...
Cerrado Gold Announces Receipt of Second Advance Under Secured Loan From Subsidiary of Hochschild Mining PLC
US$1 million received as second advance of Signing Loan under option agreement with Hochschild Mining Plc ("Hochschild").Total of US$8 million received with remaining US$7 million expected to be advanced in June.Funds received to-date addressed short-term...
Cerrado Gold Announces Q1 Gold Production Results for Its Minera Don Nicolas Mine in Argentina
Calandrias Norte production in March driving improved production growth. Focus for 2024 remains on delivering strong cash flow and rebuilding the balance sheet with exploration focused on mine life extension. Management currently developing a longer-term...
Cerrado Gold Announces Possible Late Filing of Annual Financial Statements
Delays in audit at its MDN Subsidiary in Argentina to impact annual filing Company to satisfy payment of accrued interest on Sprott Note by the issuance of common shares of the Company TORONTO, ON / ACCESSWIRE / April 25, 2024 / Cerrado Gold Inc....
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.