Detailed Metallurgical test work is ongoing and reaffirms production of DRI grade, 67%+ or better iron concentrate with combined Silica and Alumina below 2.5% Work Programs initiated and DRA Global appointed to deliver NI 43-101 Bankable Feasibility Study by end of Q1 2026 2022 PEA on Mont Sorcier provided an NPV8% of US$1.6 Billion for a 21-year [...]
Gold equivalent production of 16,604 Gold Equivalent Ounces for Q3; On track for full year guidance of 50,000-60,000 GEO Adjusted EBITDA of $7.4 million for Q3, 2024 Decrease in the working capital deficit by over US$20 million year to date Cerrado Gold Inc. announces its operational and financial results for the third quarter including its Minera [...]
Management and Directors do not believe Common Shares reflect the value of the Company's assets and future prospects Cerrado Gold Inc. announces today that the TSX Venture Exchange has accepted the Company's notice to implement a normal course issuer bid permitting the Company to repurchase, for cancellation, up to 5,170,903 common shares of the [...]
Combined closing cash payments of US$30 million received Additional US$15 million future payments due to Cerrado Cerrado Gold Inc. announces that it has completed the sale of its 100% interest in the Company's Monte Do Carmo project located in the State of Tocantins, Brazil to Amarillo Mineração do Brasil Ltda. , a wholly-owned subsidiary of [...]
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 Quebec Cerrado Gold Inc. announces that Amarillo Mineração do Brasil Ltda. a wholly-owned subsidiary [...]
Q3 Production of 16,604 Gold Equivalent Ounces 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 quarter with a record of 1,644 GEO in August. Balance sheet continues to improve, with [...]
Enters IR Services Marketing Agreement with German Mining Networks GMBH Cerrado Gold Inc. is pleased to announce the appointment of Andrew Croal as Chief Technical Officer. Mr. Croal is a Mining Engineer with 40 years of global mining experience in gold and base metal commodities. He is a versatile and practical mining professional with a proven [...]
After Tax NPV5% of US$111 Million at US$2,100/oz Au price After Tax NPV5% of US$153 Million at Spot prices 1 Average annual production targeted at approx. 56,000 Gold Equivalent Ounces 2 Life of Mine Average annual EBITDA of US$49 Million and FCF of US$25 Million LOM average EBITDA of US$64 Million and FCF of US$34 Million at Spot prices 1 Mine [...]
Common shares to resume trading at the opening on August 8th, 2024 MDN operations are performing well with Q2/24 production of 16,255 Gold Equivalent Ounces Full-Year production guidance of 50,000 - 60,000 GEO at AISC of US$1,200-1,400/oz Recent PEA results for MDN show an NPV of $111MM at $2100/oz gold over a 5-year mine plan producing an average [...]
After Tax NPV5% of US$111 Million at US$2,100/oz Au price After Tax NPV5% of US$153 Million at Spot prices1 Average annual production targeted at approx. 56,000 Gold Equivalent Ounces 2 Life of Mine Average annual EBITDA of US$49 Million and FCF of US$25 Million LOM average EBITDA of US$64 Million and FCF of US$29 Million at Spot prices1 Mine life [...]
Cerrado Gold Inc. , at the request of the TSX Venture Exchange, announces previous engagements with Red Cloud Financial Services Inc. pursuant to an agreement dated October 9, 2020 and with and Feneck Consulting Group, LLC pursuant to a contract dated April 1, 2023 for certain capital markets, strategic marketing and investor relations services to [...]
Q2 Production of 16,255 Gold Equivalent Ounces vs 11,204 GEO in Q1, 2024. High-Grade ore from Calandrias Norte and continued ramp-up at Heap leach operations are supporting strong quarterly production. MDN 43-101 Preliminary Economic Assessment and Updated Mineral Resource Estimate are expected to be announced shortly. Balance sheet continues to [...]
