Cerrado Gold Inc.
OTC:CRDOF
Canada based, emerging mid-tier gold mining company with significant potential at its sites in South America.
Overview
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Predicted growth of 400% in annual growth production between 2021-2024.
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Current Total Resources of 2,232,701 Au (M&I&I) at both of its core assets.
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Highly experience Management with proven track record to deliver projects in South America.
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Minera Don Nicolas in Argentina, a solid production base and cash flow generator. Epithermal low sulphidation system.
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A self sustaining strong free cash flow, located in a prolific gold district with numerous large-scale gold mines.
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Producing gold mine targeting annual Au production of ~45-55kozs with AISC ~$900 to $1100/oz, acquired in March 2020.
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Monte Do Carmo advanced development project in Brazil with significant exploration upside.
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District scale project with huge exploration potential and solid PEA providing development starting point for a potential major hub-spoke play.
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August PEA delivered strong results with average annual gold production of 149,000oz over first 5 years at AISC US$431 and 131,000oz over LOM 8 years. Previous owner trialed a pilot plant giving strong understanding of metallurgy and potential recoveries of up to 97% and no refractory ore.