JUNIOR PRODUCER DEVELOPING A LARGE SCALE WORLD CLASS ASSET
Latest News
Cerrado Gold Makes Final Payment for the Acquisition of Its Minera Don Nicolas Gold Mine in Santa Cruz, Argentina
US$5 million payment completes balance of the purchase price for MDNMDN purchase price consideration totals US$47 millionOver ~200,000 Gold Equivalent Ounces ("GEO's") produced at MDN since its acquisition in 2020 to year end 2024TORONTO, ON / ACCESS...
Cerrado Gold Updated Metallurgical Testwork Supports Ability to Produce 67% High Purity, Direct Reduction Iron (“DRI”) Grade Concentrates at Its Mont Sorcier Iron Ore Project in Quebec
Metallurgical test work on Master Composite reaffirms production of DRI grade iron concentrate with combined Silica and Alumina below 2.5%;DRI grade concentrate demand to grow at a CAGR of over 9.0% p.a. for the next decade according to industry forecastsEnhanced...
Cerrado Gold To Acquire Ascendant Resources Inc.
Cerrado is building undervalued world class assets to drive significant cash flow Attractive opportunity to acquire 80% of the robust Lagoa Salgada VMS Project with a Post-tax NPV of US$147 million and a 39% IRR in current Feasibility Study. Adds substantial precious...
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...
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.