JUNIOR PRODUCER DEVEOPING A LARGE SCALE WORLD CLASS ASSET
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Cerrado Gold Signs Option and Loan Agreements With Subsidiary of Hochschild Mining PLC for the Sale of the Monte Do Carmo Gold Project for Total Consideration of US$60 Million (C$80 Million)
Proposed Transaction with Amarillo Mineração do Brasil Ltda. to strengthen balance sheet and address lack of liquidity in the junior mining sector Company well-positioned to drive future growth via its operating Minera Don Nicolas gold mine in Argentina...
Cerrado Gold Confirms Ability to Produce 67% High Purity, Direct Reduction Iron Grade Concentrates at Its Mont Sorcier Iron Ore Project in Quebec
Metallurgical test work confirms DRI grade iron concentrate with combined Silica and Alumina below 2.5%(All numbers reported in US dollars)TORONTO, ON / ACCESSWIRE / March 1, 2024 / Cerrado Gold Inc. (TSXV:CERT)(OTCQX:CRDOF) ("Cerrado" or the...
Cerrado Gold Announces Q4 and Annual 2023 Gold Production Results for Its Minera Don Nicolas Mine in Argentina
TORONTO, ON / ACCESSWIRE / January 24, 2024 / Cerrado Gold Inc. (TSX.V:CERT)(OTCQX:CRDOF) ("Cerrado" or the "Company") announces production results for the fourth quarter of 2023 ("Q4 2023") from the Minera Don Nicolas Mine in Santa Cruz...
Cerrado Gold Announces Share Issuance To Sprott Streaming And Royalty Corp.
TORONTO, ON / ACCESSWIRE / January 18, 2024 / Cerrado Gold Inc. (TSXV:CERT)(OTCQX:CRDOF) ("Cerrado" or the "Company") announces in connection with the US$20 million secured note (the "Note") issued by Cerrado to Sprott Resource Streaming...
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 and progressing permitting for the construction.