JUNIOR PRODUCER DEVELOPING A LARGE SCALE WORLD CLASS ASSET
Latest News
Cerrado Gold Announces Q4 and Annual 2024 Gold Production Results for its Minera Don Nicolas Mine in Argentina
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
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
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...
Cerrado Gold Provides an Update on its Mont Sorcier High Purity 67%+ Iron Grade Project in Quebec
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...
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.