LCerrado Gold Inc. is pleased to announce that it has commenced the tender phase for the Mandated Lead Arranger of its Export Credit Agency project financing program. As of September 4, 2023 the Company and its Advisors have issued detailed banking information memorandums to a number of Project Finance Banks who have indicated an interest in being the Mandated Lead Arranger as part of the UK Export Finance supported export credit facilities for the Company's 100% owned the Monte Do Carmo Project in Tocantins State, Brazil and the Mont Sorcier Iron Ore and Vanadium Project in Quebec, Canada . . The selection of the MLA is expected to be completed by the end of September. Once an MLA has been appointed, detai... [...]
Q2 Production of 12,453 Gold Equivalent Ounces Q2 AISC of $1,318 per ounce Cerrado Gold Inc. is pleased to announce the operational and financial results for the second quarter 2023 at its Minera Don Nicolas gold project in Santa Cruz Province, Argentina and report on its ongoing activities at the Monte Do Carmo gold project in Brazil. Production results at MDN were previously released on July 19, 2023. The Company's [...]
Installation License Application to be Filed in Early August Serra Alta Feasibility Completion Postponed for Approximately Three Months due to Material Opportunities That Require Changes in Scope Cerrado Gold Inc. announces that it intends to file its License of Installation application with the Instituto Natureza do Tocantins or NATURATINS, the state environmental regulatory authority, on or around August 10, 2023, for [...]
Installation License Application to be Filed in Early August Serra Alta Feasibility Completion Postponed for Approximately Three Months due to Material Opportunities That Require Changes in Scope Cerrado Gold Inc. [TSX.V:CERT][OTCQX:CRDOF] announces that it intends to file its License of Installation application with the Instituto Natureza do Tocantins or NATURATINS, the state environmental regulatory authority, on or around August 10, 2023, for [...]
Cerrado Gold Inc. is pleased to announce that at its Annual and Special Meeting of Shareholders held earlier today all matters presented to shareholders were approved. Details of the voting results are set out below. Meeting Voting Results A total of 33,633,502 common shares were voted at the Meeting, representing 34.67% of the votes attached to all outstanding common shares of the Company. All matters presented for [...]
Q2 2023 production of 12,453 Gold Equivalent Ounces Production for the quarter in line with expectations Las Calandrias heap leach project - Mining activities commenced, with first gold pour completed in early July 2023 LOM strategic plan continues to make good progress Cerrado Gold Inc. announces production results for the second quarter of 2023 from the Minera Don Nicolas Mine in Santa Cruz Province, Argentina . Full [...]
First gold poured from the Las Calandrias heap leap project Las Calandrias is now ramping up to full production, expected in Q3 2023 MDC Feasibility Study in the final optimization stage Cerrado Gold Inc. [TSX.V:CERT][OTCQX:CRDOF] is pleased to announce that it has poured its first gold from its new heap leach gold production project at the Las Calandrias area in Argentina. Mining and stacking operations are at planned capacity, and gold [...]
UKEF, the UK Export Credit Agency, selected from group of 4 compliant Expressions of Interest Potentially up to US$610 million in Export Credit Agency support via long term ECA Project Finance to cover up to 70% of pre-production costs plus additional support to cover Interest During Construction and Insurance Premium Costs UKEF's Expression of Interest will encourage a UK-led sourcing strategy while allowing flexibility [...]
First gold pour at Las Calandrias heap leap project scheduled for end of June Las Calandrias expected to reach full production capacity during Q3 2023 MDC Feasibility Study well advanced and preparations for construction initiated Cerrado Gold Inc. is pleased to announce that it has initiated the leaching process at its initial heap leach project at the Las Calandrias area in Argentina. Mining operations have reached a [...]
Voyager Metals and Cerrado Gold are pleased to announce the successful completion of the previously announced statutory plan of arrangement under the Business Corporations Act pursuant to which Cerrado acquired all of the issued and outstanding common shares of Voyager that it did not already own. The Arrangement was carried out pursuant to the terms of the arrangement agreement between Voyager and Cerrado dated March 7 [...]
Q1 Production of 13,951 Gold Equivalent Ounces Q1 Adjusted EBITDA of $8.2 million and operating cash flow of $17.3 million Q1 AISC of $1,145 per ounce Cerrado Gold Inc. is pleased to announce the operational and financial results for the first quarter 2023 at its Minera Don Nicolas gold project in Santa Cruz Province, Argentina and report on its ongoing activities at the Monte Do Carmo gold project in Brazil. Production [...]
Preliminary Licence granted to Monte Do Carmo by Tocantins state environmental agency First in three stage licence process to bring the MDC project into production Installation license expected within 90-120 days Cerrado Gold Inc. is pleased to announce that its Monte Do Carmo gold project has received the Preliminary License from the Instituto Natureza do Tocantins the state environmental regulatory authority, which has [...]