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Cerrado Gold - CRDOF STOCK NEWS

Welcome to our dedicated page for Cerrado Gold news (Ticker: CRDOF), a resource for investors and traders seeking the latest updates and insights on Cerrado Gold stock.

Overview of Cerrado Gold Inc.

Cerrado Gold Inc. (symbol: CRDOF) is a Toronto-based mining company focused on gold production, development, and exploration. With a diversified portfolio combining operational gold assets in South America and promising development projects in Canada, the company embodies a strategic blend of established production and innovative exploration. Key industry terms such as gold production, mining exploration, and heap leach operations underscore its commitment to operational optimization and asset value maximization.

Core Business and Operations

Cerrado Gold is dedicated to the extraction and production of gold through its high-performing assets in Argentina. The company manages producing assets such as the Minera Don Nicolás and Las Calandrias mines, where continuous operational optimization has allowed it to enhance throughput, improve efficiencies, and steadily increase production while applying modern heap leach techniques. Its comprehensive operational model highlights a rigorous commitment to geological exploration and resource expansion, supporting its gold mining operations with advanced drilling programs and detailed mineral resource evaluations.

Exploration and Development Initiatives

Beyond current production, Cerrado Gold invests in significant exploration campaigns aimed at extending the life of its mines and unlocking additional high-grade resources. Its drilling programs target key zones to provide quality high-grade feed for processing facilities, while ongoing NI 43-101 compliant studies and metallurgical test work ensure that the company maintains a robust approach to technical evaluation and resource estimation. This balanced focus on both immediate operational performance and long-term asset growth demonstrates the company’s expertise in integrating scientific principles into mining operations.

Development of Mont Sorcier Iron Ore and Vanadium Project

In addition to its gold operations in South America, Cerrado Gold is developing the Mont Sorcier project in Quebec. This project is aimed at producing a premium iron ore concentrate and vanadium product designed for applications in low-carbon steel production. With innovative metallurgical processes and extensive test work that confirm the feasibility of producing high-purity, DRI grade concentrates, the project is positioned to contribute to a transition in the steel manufacturing industry. The focus on producing high-grade materials suitable for direct reduction iron processes highlights the company’s commitment to sustainable and efficient resource development.

Strategic Financial and Operational Position

The company employs a strategy that integrates operational excellence with strategic asset transactions, shared services agreements, and collaborative financing initiatives. Through prudent management of cash flows, structured asset sales, and a focus on strengthening its balance sheet, Cerrado Gold ensures its financial robustness while investing in growth opportunities. This operational and financial discipline enables the company to pursue both exploration activities and development projects, thereby enhancing its overall portfolio value.

Industry Expertise and Future-Proof Operations

With a clear focus on operational optimization and exploration excellence, Cerrado Gold leverages industry best practices and technical expertise to maintain competitiveness. The company’s communication regarding exploration strategies, detailed technical assessments, and ongoing process improvements reflects its E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness) credentials. While remaining neutral, Cerrado Gold’s rigorous approach to asset management and technological integration sets it apart in the competitive mining sector, reinforcing its position as a solid, diversified resource company.

Key Highlights

  • Gold Production Excellence: Operating key mines in Argentina with ongoing production optimization.
  • Strategic Exploration: Active exploration programs extend the mine life and resource base.
  • Innovative Development: Progressive initiatives at the Mont Sorcier project with advanced metallurgical testing.
  • Financial Strength: Robust balance sheet management through targeted asset sales and efficient capital allocation.
  • Technical Expertise: Use of industry standards such as NI 43-101 and advanced drilling and testing methodologies.

Cerrado Gold’s integrated approach, combining high-grade production, exploration, and technologically advanced asset development, positions it as an informative case study for investors seeking to understand the complexities of the modern mining sector. Its continued dedication to operational efficiency and resource enhancement ensures that the company remains a notable player in both gold mining and the strategic development of critical minerals.

Rhea-AI Summary
Cerrado Gold Inc. reports Q4 2023 production results, with 15,202 ounces of gold equivalent (GEO) produced, annual GEO production of 51,688 ounces for 2023, and a delayed commercial production of the Las Calandrias heap leap project. The company also announces the completion of major capital programs at Minera Don Nicolas Mine in Argentina and the impact of fiscal policies on operations. The Monte Do Carmo project in Brazil reveals an updated After-Tax NPV5% of US$390 Million and IRR of 34%.
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Cerrado Gold Inc. announces the payment of interest on a secured note issued to Sprott Resource Streaming and Royalty Corp. The company will issue 1,175,523 common shares to Sprott at a price of $0.5672 per share to satisfy the interest payment, amounting to US$504,109.58. This is in connection with the funding of the gold and silver stream agreement for its Monte do Carmo Project.
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Cerrado Gold Inc. (TSX.V:CERT)(OTCQX:CRDOF) announces filing of the technical report of the independent Feasibility Study for the Monte do Carmo gold project, with an After-Tax NPV5% of US$390 million and an IRR of 34%. The study projects an average annual gold production of 95,212 ounces per annum over a 9-year Life of Mine, with an average AISC of US$687 per ounce over LOM. Initial Capex is US$181.4 million, with an NPV/Initial Capex Ratio of 2.15x. The full technical report is filed on SEDAR+ as of December 15, 2023.
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Cerrado Gold Inc. (TSX.V:CERT)(OTCQX:CRDOF) has appointed Banco Santander S.A. as the Mandated Lead Arranger for potential Export Credit Agency Supported Project Financing of up to $175 million for its Monte Do Carmo Project in Brazil. The UKEF backed facility is expected to cover 70% of the project capital expenditures for a total tenor of 8 years, with Santander presenting competitive and compelling terms for the financing.
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Cerrado Gold Inc. (TSX.V:CERT)(OTCQX:CRDOF) announces Q3/23 operational and financial results for Minera Don Nicolas ("MDN") and Monte Do Carmo ("MDC") projects, including gold production of 10,082 GEO, an 11% decrease yoy, AISC of $1,703 per ounce, and a significant improvement in cash generation in 2024.
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Cerrado Gold Inc. (CERT) appoints Toronto-Dominion Bank as Mandated Lead Arranger for potential UKEF-supported project financing of up to $598 million for its Mont Sorcier Iron and Vanadium Project in Quebec, with final stages of MLA appointment for Monte Do Carmo project in Brazil. The UKEF-backed facility is expected to cover 70% of project capital expenditures for the Mont Sorcier project, reducing overall project risk and lowering costs of capital through political and commercial guarantees. The conclusion of project financing remains subject to the completion of a bankable feasibility study, environmental impact assessment, and other requirements.
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Cerrado Gold Inc. announced the correction of a computational error in the Monte Do Carmo Gold Project's Feasibility Study results, resulting in a decline in After Tax NPV5% to $369 million from $401 million and IRR to 32% from 34%. The project has an average annual gold production of 94,797 ounces over a 9-year Life of Mine, with an average AISC of US$711 per ounce and an initial Capex of US$186.6 million. The corrected results demonstrate the project's robustness with low capital and operating costs, providing an approximate 2:1 ratio of NPV over Capex.
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Cerrado Gold Inc. announces positive results of an independent Feasibility Study on its Monte do Carmo gold project in Brazil. The study shows an after-tax NPV of US$401.4 million and an IRR of 34%. The project has an average annual gold production of 94,797 ounces over a 9-year mine life, with an average AISC of US$711 per ounce. The initial capex is US$186.6 million, and the project is expected to generate annual average free cash flow of $90 million.
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Cerrado Gold Inc. announces Q3 production results from the Minera Don Nicolas Mine in Argentina. GEO production decreased compared to previous quarters due to severe winter conditions. The Las Calandrias heap leach project produced 650 ozs. The company's strategic plan is progressing well. CEO expects production rates to ramp up in Q4. Stripping at Calandrias Norte has commenced. Ore milled declined but has returned to normal rates. Ongoing work to optimize mine sequencing and exploration is a key focus. Monte Do Carmo project is progressing as planned with the Feasibility Study on schedule.
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Cerrado Gold Inc. has completed the tender process for its Export Credit Agency Supported Non-Recourse Project Financing. Two international banks have been chosen as Mandated Lead Arrangers for the Monte Do Carmo gold project in Brazil and the Mont Sorcier iron project in Quebec. The banks will provide financing for up to $190 million for the MDC Project and up to $420 million for the MS Project. The appointment of the MLAs is a significant milestone for the project financing requirements.
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FAQ

What is the current stock price of Cerrado Gold (CRDOF)?

The current stock price of Cerrado Gold (CRDOF) is $0.318102 as of April 4, 2025.

What is the market cap of Cerrado Gold (CRDOF)?

The market cap of Cerrado Gold (CRDOF) is approximately 34.1M.

What is the core business of Cerrado Gold?

Cerrado Gold focuses on gold production, development, and exploration, with operational assets in South America and development projects in Canada.

Which projects are part of Cerrado Gold's portfolio?

The company operates producing assets such as the Minera Don Nicolás and Las Calandrias mines in Argentina and is developing the Mont Sorcier Iron Ore and Vanadium project in Quebec.

How does Cerrado Gold generate its revenue?

Revenue is generated primarily through gold production and sales, combined with strategic asset transactions and exploration advancements that enhance its resource base.

What distinguishes its operations in Argentina?

Its Argentine operations focus on operational optimization, advanced heap leach techniques, and detailed exploration programs that extend mine life and improve production efficiency.

What is the significance of the Mont Sorcier project?

The Mont Sorcier project is designed to produce high-grade iron ore concentrates and vanadium, key for low-carbon steel production, backed by robust metallurgical testing and feasibility studies.

How does the company ensure technical and production excellence?

By implementing rigorous drilling programs, adhering to NI 43-101 standards, and employing advanced metallurgical processes, the company demonstrates its technical competence and commitment to quality.

How does Cerrado Gold maintain its financial strength?

Through strategic asset sales, efficient cash flow management, and shared services agreements, the company strengthens its balance sheet and funds further growth and exploration initiatives.

Where is Cerrado Gold headquartered and what is its regional presence?

Headquartered in Toronto, Canada, Cerrado Gold maintains a strong operational presence in South America with its gold mining assets and development projects in Canada.
Cerrado Gold

OTC:CRDOF

CRDOF Rankings

CRDOF Stock Data

34.06M
53.10M
18.71%
5.8%
Gold
Basic Materials
Link
Canada
Toronto