Cerrado Gold Inc. reported Q1 2024 gold production of 11,204 oz at Minera Don Nicolas, considering a heap leach repositioning.
Cerrado Gold Inc. reported Q1 2024 operational and financial results for its Minera Don Nicolas (MDN) gold project in Argentina, producing 11,204 gold equivalent ounces. Production stabilized since March, and the company is considering repositioning the mine as a heap leach operation for short to medium term. Cashflows and asset sales are improving Cerrado's balance sheet, with projected improved working capital in Q2 2024.
June 26, 2024
3 Articles