Latest news with #CerradoGold
Yahoo
02-08-2025
- Business
- Yahoo
Cerrado Gold Inc.'s (CVE:CERT) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Cerrado Gold (CVE:CERT) has had a great run on the share market with its stock up by a significant 36% over the last month. We wonder if and what role the company's financials play in that price change as a company's long-term fundamentals usually dictate market outcomes. Specifically, we decided to study Cerrado Gold's ROE in this article. Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. Put another way, it reveals the company's success at turning shareholder investments into profits. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. How Do You Calculate Return On Equity? Return on equity can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Cerrado Gold is: 3.8% = US$1.8m ÷ US$47m (Based on the trailing twelve months to March 2025). The 'return' is the amount earned after tax over the last twelve months. Another way to think of that is that for every CA$1 worth of equity, the company was able to earn CA$0.04 in profit. Check out our latest analysis for Cerrado Gold What Is The Relationship Between ROE And Earnings Growth? So far, we've learned that ROE is a measure of a company's profitability. Depending on how much of these profits the company reinvests or "retains", and how effectively it does so, we are then able to assess a company's earnings growth potential. Generally speaking, other things being equal, firms with a high return on equity and profit retention, have a higher growth rate than firms that don't share these attributes. Cerrado Gold's Earnings Growth And 3.8% ROE As you can see, Cerrado Gold's ROE looks pretty weak. Not just that, even compared to the industry average of 10%, the company's ROE is entirely unremarkable. However, we we're pleasantly surprised to see that Cerrado Gold grew its net income at a significant rate of 22% in the last five years. Therefore, there could be other reasons behind this growth. Such as - high earnings retention or an efficient management in place. Next, on comparing with the industry net income growth, we found that Cerrado Gold's growth is quite high when compared to the industry average growth of 18% in the same period, which is great to see. Earnings growth is a huge factor in stock valuation. The investor should try to establish if the expected growth or decline in earnings, whichever the case may be, is priced in. Doing so will help them establish if the stock's future looks promising or ominous. Is Cerrado Gold fairly valued compared to other companies? These 3 valuation measures might help you decide. Is Cerrado Gold Making Efficient Use Of Its Profits? Cerrado Gold doesn't pay any regular dividends to its shareholders, meaning that the company has been reinvesting all of its profits into the business. This is likely what's driving the high earnings growth number discussed above. Conclusion In total, it does look like Cerrado Gold has some positive aspects to its business. With a high rate of reinvestment, albeit at a low ROE, the company has managed to see a considerable growth in its earnings. While we won't completely dismiss the company, what we would do, is try to ascertain how risky the business is to make a more informed decision around the company. You can see the 3 risks we have identified for Cerrado Gold by visiting our risks dashboard for free on our platform here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Globe and Mail
22-07-2025
- Business
- Globe and Mail
South America's Golden Triangle: Where Regional Mining Giants Are Staking Their Claims
• Aris Mining Corporation leads Colombian gold production with over 226,000 ounces in 2023 • Cerrado Gold Inc. operates high-grade Argentine operations while Lundin Gold Inc. advances Ecuador's mining transformation • Magma Silver Corp. positions itself strategically in Peru's proven mining district as regional opportunities multiply South America's mining landscape extends far beyond any single country, forming a continental network of precious metals opportunities that spans from Colombia's emerald mountains to Argentina's vast pampas. As global demand for gold and silver intensifies amid monetary uncertainty and industrial electrification, the region's diverse geological provinces are attracting renewed capital flows and operational expansion. From the high-altitude operations of the Andes to the lowland deposits of the Amazon basin, South America's mining hotspots are positioning themselves as critical suppliers in an increasingly resource-constrained world. Colombian Gold: A Strategic Northern Gateway Colombia's mining sector is experiencing significant momentum, led by companies like Aris Mining Corporation (TSX: ARIS) (NYSE: ARMN), which operates the Segovia Operations and the Marmato mine in Colombia, producing over 226,000 ounces of gold in 2023. The company's strategic positioning includes operating rights and a 20% ownership stake in the world-class Soto Norte project, with an option to increase to 50% ownership. Aris Mining says expansion of its two Colombian mines will start delivering increased output as soon as this year, with consolidated gold production projected to rise. Colombia's appeal extends beyond individual operations to encompass strategic geographic positioning. The country's dual-coast access provides logistical advantages for global markets, while its established mining workforce and improving infrastructure create operational efficiencies that international operators increasingly value. Argentine Operations: High-Grade Opportunities in the Southern Cone Argentina's mining sector is represented by companies like Cerrado Gold Inc. (TSX-Venture: CERT), which owns the Minera Don Nicolas mine located in Santa Cruz, Argentina, a producing high-grade gold mine with significant expansion and exploration potential. The company's operations demonstrate Argentina's capacity to host world-class mining assets despite periodic economic volatility. Argentina's mining-friendly policies, particularly in provinces like Santa Cruz and Catamarca, have attracted substantial international investment. The country's vast mineral endowment, from lithium in the north to gold in Patagonia, creates a diversified resource base that appeals to operators seeking portfolio balance across commodity types and geographic regions. Ecuador's Mining Renaissance: The Pacific Rim Advantage Ecuador represents one of South America's most compelling mining transformation stories, with companies like Lundin Gold Inc. (TSX: LUG) pioneering large-scale development in the country's copper-gold belt. Ecuador's mining sector has evolved rapidly from artisanal operations to industrial-scale development, supported by improved regulatory frameworks and strategic infrastructure investments. The country's position along the Pacific Rim provides direct access to Asian markets, while its skilled workforce and proximity to established mining supply chains create operational synergies. Ecuador's geological prospectivity, particularly in porphyry copper-gold systems, mirrors successful mining districts throughout the Andean belt. Peru: The Proven Mining Powerhouse While neighboring countries develop their mining sectors, Peru maintains its position as South America's most established mining jurisdiction. The country's combination of geological diversity, regulatory stability, and operational infrastructure continues to attract both major producers and emerging explorers seeking low-risk, high-reward opportunities. Peru's mining sector benefits from decades of continuous operation, creating deep institutional knowledge and established supply chains that reduce development risks and operational costs. The country's geographic position provides access to both Pacific and Atlantic markets, while its skilled workforce and mining-focused educational institutions ensure operational continuity. This proven environment provides the backdrop for companies like Magma Silver Corp. (TSX-Venture: MGMA) (OTCQB: MAGMF) to advance their exploration programs with confidence. The company's Niñobamba Project benefits from Peru's established mining framework while offering exposure to both gold and silver markets through its dual-commodity potential. Magma Silver: Positioned for Peru's Next Chapter Magma Silver Corp. has strategically positioned itself within Peru's mining ecosystem through its right to acquire a 100% ownership of the 4,100-hectare Niñobamba Project in the Ayacucho region. The company's approach reflects lessons learned from successful regional operators: focus on high-grade targets, leverage historical data, and maintain operational discipline. The Niñobamba Project is across three gold-silver deposits - Niñobamba, Jorimina, and Randypata - providing operational flexibility that many regional operators lack. With over $14.5 million in historical exploration investment and comprehensive geological databases, Magma enters its next exploration phase with significant technical advantages. The company's upcoming Q4 2025 drilling program at Jorimina will focus on confirming and increasing known mineralization while testing for further targets. Newmont Corp. (NYSE: NEM) (TSX: NGT) previously invested $10 million CAD in exploration on the Jorimina and Randypata deposits, identifying several extensive surface gold and silver anomalies on both areas. Newmont's key rock channel sample highlights include: 17.4 m of 3.06 g/t Au and 200m of 0.26 g/t Au. Newmont completed 4,377 m of drilling at Jorimina, and 3,504 m of drilling at Randypata. Highlights from the drilling include Hole - JOR-001: 150m of 0.69 g/t Au which includes an interval of 72.3m of 1.19 g/t Au and Hole – JOR-003: 48m of 0.52 g/t Au. Note that these results are historical and have not been verified by the Company's geologist. Highlights from the trenching program conducted by Rio Silver (TSX-Venture: RYO) (OTCPK: RYOOF) in 2012 at the Niñobamba North Zone, discovered a new gold-silver zone including 56 metres of 1.03 g/t Au and 98.9 g/t Ag in trench TR-01 and 21.77 metres of 1.32 g/t Au and 102.46 g/t Ag in TR-04 ending in mineralization ( Rio Silver News Release of January 14, 2013). These results show the Niñobamba property possesses a strong silver and gold component associated with a high sulphation mineralizing event. Further exploration is required to determine the precious metal zonation, alteration patterns and widths. The trenches were cut approximately perpendicular to the mineralized structure, and the true width of mineralization is yet to be determined. Strategic Positioning in a Regional Context Magma Silver's Peru-focused strategy contrasts favorably with more geographically dispersed approaches. While regional operators manage political and operational risks across multiple jurisdictions, Magma benefits from deep local knowledge and established relationships within Peru's mining community. The company's leadership team combines international capital markets experience with on-ground operational expertise, creating a management structure suited to Peru's mining environment. This combination becomes increasingly valuable as regional competition for skilled personnel and contractor services intensifies. The Regional Resource Equation South America's mining landscape demonstrates that successful resource development requires more than geological potential. Companies like Aris Mining in Colombia, Cerrado Gold in Argentina, and Lundin Gold in Ecuador succeed through strategic positioning, operational discipline, and deep understanding of local conditions. Magma Silver's approach reflects these lessons, combining Peru's proven mining advantages with focused execution and strategic asset consolidation. As regional mining activity accelerates and global demand for precious metals intensifies, companies with established positions in proven jurisdictions may find themselves increasingly well-positioned for the next phase of South American mining development. The continent's diverse mining opportunities create multiple pathways to success, but Peru's combination of geological potential, regulatory stability, and operational infrastructure continues to provide compelling advantages for focused explorers ready to execute disciplined growth strategies. Disclaimer: All opinions and information provided above are intended for educational and research purposes only. The information provided above should be used as a starting point for conducting any research on the public companies discussed. All readers should do their own due diligence and research when determining which investment strategies are best suited for them or seek the advice of an investment professional prior to making an investment decision. The profiles of the above discussed public companies are not in any way a solicitation or a recommendation to buy, sell or hold their securities. Magma Silver Corp. has initiated for digital media advertising valued at thirteen thousand five hundred dollars. Any forward-looking statements set forth in the article above are based on expectations, estimates and projections at the time such statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of words such as 'projects,' 'foresees' 'expects,' 'will,' 'anticipates,' 'estimates,' 'believes,' 'understands' or by statements indicating certain actions 'may,' 'could' or 'might' occur. There is no guarantee past performance will be indicative of future results or that any such forward-looking projections will occur. For a complete disclaimer, investors are encouraged to click here: View more of this article on About Media, Inc.: Founded in 1999, is one of North America's leading platforms for micro-cap insights. Catering to both Canadian and U.S. markets, we provide a wealth of resources and expert content designed for everyone—from beginner investors to seasoned traders. is rapidly gaining recognition as a leading authority in the micro-cap space, with our insightful content prominently featured across numerous top-tier financial platforms, reaching a broad audience of investors and industry professionals. Want to showcase your company's story to a powerful network of investors? We can help you elevate your message and make a lasting impact. Contact us today. Contact: Media, Inc.
Yahoo
14-07-2025
- Business
- Yahoo
Cerrado Gold's Lagoa Salgada Project Receives Consent to Submit Revisions to Its EIA Application to the Portuguese Environmental Agency
EIA Revisions to Address Concerns and Provide Pathway to Approval Without Resubmission of the Full EIA Key Environmental Improvements are being incorporated in the Ongoing Optimized Feasibility Study TORONTO, ONTARIO / / July 14, 2025 / Cerrado Gold Inc. ("Cerrado Gold" or the "Company") is pleased to announce that its Portuguese subsidiary, Redcorp - Empreendimentos Mineiros, Lda. ("Redcorp"), has received notification from the Portuguese Environment Agency (Agência Portuguesa do Ambiente, "APA") confirming that it will permit application of Article 16 procedures that allows Redcorp to submit revised technical documentation and project improvements to address APA comments, in relation to its Environmental Impact Statement (EIA) as outlined below. Under Portuguese environmental law, Article 16 of the EIA Legal Framework allows developers to revise and resubmit elements of a previously submitted project in order to address identified environmental concerns, without restarting the full permitting process. This mechanism is designed to improve project outcomes while maintaining regulatory integrity and efficiency (Decreto-Lei n.° 151-B/2013, Diário da República, 1.° série - N.° 211, de 31 de outubro de 2013). The Company's Optimized Feasibility Study ("OFS"), which is well underway, has proactively contemplated the changes requested, which are aimed at further strengthening the environmental and operational robustness of the proposed mining operation. In addition, the Company is continuing with all other activities as planned, such as detailed engineering alongside the work related to the OFS to minimize any impact on the overall development schedule while the Article 16 requirements are in process. While application of Article 16(2) does not constitute project approval, it is a formal step under Portuguese law that enables developers to address concerns raised during the initial review and implement modifications, avoiding a full resubmission or rejection of the project. If the revised submission is accepted, the Company anticipates a final Environmental Impact Statement (EIA) decision could be issued in Q1 2026. APA's formal response follows Redcorp's request, made during the public consultation and hearing period, to initiate the procedure foreseen in Article 16(2). In its reply, APA confirmed that, based on the justification provided by Redcorp, there are no objections to applying the Article 16(2) procedure. The Company now has 180 calendar days from the date of the notification to submit the revised project elements and a synthesis report addressing the required components outlined in the legal framework. The Company's revised submission will incorporate environmental and design improvements, including: Elimination of cyanide use across all processing stages at Lagoa Salgada, replaced by flotation-only circuits that has been validated through recent metallurgical testing; Enhanced protection of local aquifers and water resources, with new hydrogeological and geochemical control measures; Presentation of alternative borehole locations to support regional emergency water supply resilience; Deployment of a real-time environmental monitoring system, covering air, water, vibration, and noise parameters; and Application of Best Available Techniques (BAT) across the plant layout and mine design, improving performance and minimizing impact. Mark Brennan, CEO and Chairman of Cerrado Gold, commented: "This is a constructive step forward for the Lagoa Salgada Project and demonstrates APA's openness to a robust and transparent permitting process. We appreciate the opportunity to address concerns through technical and environmental improvements, which are seen as a typical request at this stage of the approval process. We note that many of the points raised by APA are already being integrated into the updated feasibility study due in September." Mr. Brennan continued: "With strong support from our stakeholders, including EDM, we remain confident that the revised submission will meet the highest standards of environmental compliance and will position the project for successful approval with minimal delay. Cerrado reiterates its strong commitment to developing the Lagoa Salgada Project as a model of environmental and technical excellence, delivering value to local communities, stakeholders, and European critical raw materials supply chains." The Company is further supported by its strategic partner in the project, EDM - Empresa de Desenvolvimento Mineiro, S.A. ("EDM"), a Portuguese state-owned mining development entity, with decades of experience in environmental remediation and mine water management. EDM has reaffirmed the strategic importance of the Lagoa Salgada Project to Portugal's mining sector and expressed full confidence in the project's ability to meet the highest environmental and operational standards. Review of Technical Information The scientific and technical information in this press release has been reviewed and approved by Andrew Croal, Chief Technical Officer for Cerrado Gold, who is a Qualified Person as defined in National Instrument 43-101. About Cerrado Cerrado Gold is a Toronto-based gold production, development, and exploration company. The Company is the 100% owner of the producing Minera Don Nicolás and Las Calandrias mine in Santa Cruz province, Argentina. In Portugal, the Company holds an 80% interest in the highly prospective Lagoa Salgada VMS project through its position in Redcorp - Empreendimentos Mineiros, Lda. In Canada, Cerrado Gold is developing its 100% owned Mont Sorcier Iron project located outside of Chibougamou, Quebec. In Argentina, Cerrado is maximizing asset value at its Minera Don Nicolas ("MDN") operation through continued operational optimization and is growing production through its operations at the Las Calandrias heap leach project. An extensive campaign of exploration is ongoing to further unlock potential resources in our highly prospective land package in the heart of the Deseado Masiff. In Portugal, Cerrado is focused on the development and exploration of the highly prospective Lagoa Salgada VMS project located on the prolific Iberian Pyrite Belt in Portugal. The Lagoa Salgada project is a high-grade polymetallic project, demonstrating a typical mineralization endowment of zinc, copper, lead, tin, silver, and gold. Extensive exploration upside potential lies both near deposit and at prospective step-out targets across the large 7,209-hectare property concession. Located just 80km from Lisbon and surrounded by exceptional infrastructure, Lagoa Salgada offers a low-cost entry to a significant development and exploration opportunity, already showing its mineable scale and cashflow generation potential. In Canada, Cerrado holds a 100% interest in the Mont Sorcier high-purity high-grade DRI Iron project, which has the potential to produce a premium iron concentrate over a long mine life at low operating costs and low capital intensity. Furthermore, its high-grade and high-purity product facilitates the migration of steel producers from blast furnaces to electric arc furnaces, contributing to the decarbonization of the industry and the achievement of sustainable development goals. For more information about Cerrado please visit our website at: Mark BrennanCEO and Chairman Mike McAllisterVice President, Investor RelationsTel: +1-647-805-5662mmcallister@ Disclaimer NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. This press release contains statements that constitute "forward-looking information" (collectively, "forward-looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that discusses predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. Forward-looking statements contained in this press release include, without limitation, statements regarding the business and operations of Cerrado and its subsidiaries. Although the Company believes that it will receive a favourable EIA decision, no assurance can be provided. In making the forward- looking statements contained in this press release, Cerrado has made certain assumptions. Although Cerrado believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurance that the expectations of any forward-looking statements will prove to be correct. Known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to general business, economic, competitive, political and social uncertainties. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this press release. Except as required by law, Cerrado disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise. SOURCE: Cerrado Gold Inc. View the original press release on ACCESS Newswire
Indianapolis Star
12-06-2025
- Business
- Indianapolis Star
Cerrado Gold Begins Underground Operations at Its Minera Don Nicolas Mine
Highlights: TORONTO, ONTARIO / ACCESS Newswire Cerrado Gold Inc. [TSX.V:CERT][OTCQX:CRDOF][FRA:BAI0] (' Cerrado ' or the ' Company ') is pleased to provide an update on the development of the Company's inaugural underground operation commencing underneath the high-grade Paloma pit at its Minera Don Nicolas Mine in Argentina ('MDN'). Earlier this week, the Company completed the initial blast to begin construction of the underground portal and progress the development of the underground mine over the coming months. The initial decline will be driven through the ore body and will provide nominal feed to the carbon in leach ('CIL') plant. Production from the underground is expected to ramp-up to reach steady state production by October this year. Additionally, the Company has now mobilized the initial drill rig to commence the previously announced 20,000 metre exploration drill program at MDN. The primary focus will be near surface, high-grade deposits that can provide feed to the CIL plant as well as expanding potential resources in and around the Las Calandrias heap leach project to add both high grade and heap leachable material. Underground drilling at Paloma will commence once the underground exploration platforms have been established. Mark Brennan, Executive Chairman, commented: 'The start of the underground operation is a key milestone for Cerrado's Argentinian operations; we now have the ability to produce from open pit, heap leach and underground operations. Not only will the underground operations contribute to production immediately, but it will also provide a platform for underground exploration, which remains completely open and largely unexplored at MDN.' Review of Technical Information The scientific and technical information in this press release has been reviewed and approved by Andrew Croal, Chief Technical Officer for Cerrado Gold, who is a Qualified Person as defined in National Instrument 43-101. About Cerrado Cerrado Gold is a Toronto-based gold production, development, and exploration company. The Company is the 100% owner of the producing Minera Don Nicolás and Las Calandrias mine in Santa Cruz province, Argentina. In Portugal, the Company holds an 80% interest in the highly prospective Lagoa Salgada VMS project through its position in Redcorp – Empreendimentos Mineiros, Lda. In Canada, Cerrado Gold is developing its 100% owned Mont Sorcier Iron project located outside of Chibougamou, Quebec. In Argentina, Cerrado is maximizing asset value at its Minera Don Nicolas ('MDN') operation through continued operational optimization and is growing production through its operations at the Las Calandrias heap leach project. An extensive campaign of exploration is ongoing to further unlock potential resources in our highly prospective land package in the heart of the Deseado Masiff. In Portugal, Cerrado is focused on the development and exploration of the highly prospective Lagoa Salgada VMS project located on the prolific Iberian Pyrite Belt in Portugal. The Lagoa Salgada project is a high-grade polymetallic project, demonstrating a typical mineralization endowment of zinc, copper, lead, tin, silver, and gold. Extensive exploration upside potential lies both near deposit and at prospective step-out targets across the large 7,209-hectare property concession. Located just 80km from Lisbon and surrounded by exceptional infrastructure, Lagoa Salgada offers a low-cost entry to a significant development and exploration opportunity, already showing its mineable scale and cashflow generation potential. In Canada, Cerrado holds a 100% interest in the Mont Sorcier high purity high grade DRI Iron Ore project, which has the potential to produce a premium iron ore concentrate over a long mine life at low operating costs and low capital intensity. Furthermore, its high grade and high purity product facilitates the migration of steel producers from blast furnaces to electric arc furnaces, contributing to the decarbonization of the industry and the achievement of sustainable development goals. For more information about Cerrado please visit our website at: Mark Brennan CEO and Chairman Mike McAllister Vice President, Investor Relations Tel: +1-647-805-5662 mmcallister@ Disclaimer NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. This press release contains statements that constitute 'forward-looking information' (collectively, 'forward-looking statements') within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that discusses predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as 'expects', or 'does not expect', 'is expected', 'anticipates' or 'does not anticipate', 'plans', 'budget', 'scheduled', 'forecasts', 'estimates', 'believes' or 'intends' or variations of such words and phrases or stating that certain actions, events or results 'may' or 'could', 'would', 'might' or 'will' be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. Forward-looking statements contained in this press release include, without limitation, statements regarding the business and operations of Cerrado, the Company's 2025 guidance including expected gold production, future growth, the goals of our planned underground exploration program, the expected timing of the strengthening of the 2025 production, the primary sources of the 2025 production, expectations regarding production at the underground operation. Forward-looking statements and forward-looking information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. In making the forward-looking statements contained in this press release, Cerrado has made certain assumptions. Although Cerrado believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurance that the expectations of any forward-looking statements will prove to be correct. Known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to general business, economic, competitive, political and social uncertainties. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this press release. Except as required by law, Cerrado disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise. SOURCE: Cerrado Gold Inc.
Miami Herald
23-05-2025
- Business
- Miami Herald
Cerrado Gold Announces First Quarter Financial Results Release Date and Conference Call
TORONTO, ON / ACCESS Newswire / May 22, 2025 / Cerrado Gold Inc. (TSX.V:CERT)(OTCQX:CRDOF)(FRA:BAI0) ("Cerrado" or the "Company") announces that it will file its first quarter 2025 financial results on May 29, 2025, before the market opens. Financial results will be posted on SEDAR+ ( under Cerrado's issuer profile and on the Company website at Conference Call Details Cerrado Management will also host a conference call on May 29, 2025, at 11:00 AM ET to discuss the Q1 Financial and Operational results as well as the outlook for the Company. The accompanying presentation for the call can be found on the investor page on Cerrado Gold's website at Call details are as follows: Pre-Registration for Conference Call Participants can preregister for the conference by navigating to: Participants will receive dial-in numbers to connect directly upon registration completion. Those without internet access or unable to pre-register may dial in by calling: PARTICIPANT DIAL IN (TOLL FREE): 1-833-752-3576 PARTICIPANT INTERNATIONAL DIAL IN: 1-647-846-8340 About Cerrado Cerrado Gold is a Toronto-based gold production, development, and exploration company. The Company is the 100% owner of the producing Minera Don Nicolás and Las Calandrias mine in Santa Cruz province, Argentina. In Portugal, the Company holds an 80% interest in the highly prospective Lagoa Salgada VMS project through its position in Redcorp - Empreendimentos Mineiros, Lda. In Canada, Cerrado Gold is developing its 100% owned Mont Sorcier Iron project located outside of Chibougamou, Quebec. In Argentina, Cerrado is maximizing asset value at its Minera Don Nicolas operation through continued operational optimization and is growing production through its operations at the Las Calandrias heap leach project. An extensive campaign of exploration is ongoing to further unlock potential resources in our highly prospective land package in the heart of the Deseado Masiff. In Portugal, Cerrado focused on the exploration and development of the highly prospective Lagoa Salgada VMS project located on the prolific Iberian Pyrite Belt in Portugal. The Lagoa Salgada project is a high-grade polymetallic project, demonstrating a typical mineralization endowment of zinc, copper, lead, tin, silver, and gold. Extensive exploration upside potential lies both near deposit and at prospective step-out targets across the large 7,209-hectare property concession. Located just 80km from Lisbon and surrounded by exceptional infrastructure, Lagoa Salgada offers a low-cost entry to a significant exploration and development opportunity, already showing its mineable scale and cashflow generation potential. In Canada, Cerrado holds a 100% interest in the Mont Sorcier Iron project, which has the potential to produce a premium iron ore concentrate over a long mine life at low operating costs and low capital intensity. Furthermore, its high grade and high purity product facilitates the migration of steel producers from blast furnaces to electric arc furnaces, contributing to the decarbonization of the industry and the achievement of sustainable development goals. For more information about Cerrado please visit our website at: Mark BrennanCEO and Chairman Mike McAllisterVice President, Investor RelationsTel: +1-647-805-5662mmcallister@ NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. SOURCE: Cerrado Gold Inc.
