Cerrado Gold Inc. (TSXV: CERT | OTCQX: CRDOF) 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 production is expected to steadily increase as the retention period for the stacked ore is reached, allowing the project to reach design capacity during Q3 2023.
Mark Brennan, CEO, and chairman commented, “We are extremely pleased to see the first gold poured from the Las Calandrias project and this is a testament to the hard work and dedication of the operations team. In addition, this represents a significant milestone for Cerrado as we continue to deliver on our production growth strategy in Argentina.”
Additionally, the company is in the final stages of completing its feasibility study for Serra Alta deposit at the Monte Do Carmo project in Tocantins, Brazil. Together with its consultants, the project team are conducting final optimizations, design trade-offs, and sequencing of the mine plan and the company expects to complete the feasibility study shortly.
“In Brazil, as we near the completion of the study phase, we continue to be confident that the MDC project will be a very robust project which should position Cerrado for a period of rapid growth.” Said Mr. Brennan.
To find out more, please visit www.cerradogold.com
