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Cerrado Gold Announces First Gold Pour at Its Las Calandrias Project in Santa Cruz, Argentina
First gold poured from the Las Calandrias heap leap project Las Calandrias is now ramping up...
About this update from Cerrado Gold Inc
[{"type":"text","content":"Cerrado Gold Announces First Gold Pour at Its Las Calandrias Project in Santa Cruz, ArgentinaFirst gold poured from the Las Calandrias heap leap projectLas Calandrias is now ramping up to full production, expected in Q3 2023MDC (Brazil) Feasibility Study in the final optimization stageTORONTO, ON / ACCESSWIRE / July 10, 2023 / Cerrado Gold Inc. [TSX.V:CERT][OTCQX:CRDOF] (\"Cerrado\" or the \"Company\") is pleased to announce that it 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 the third quarter of this year.Las Calandrias heap leach gold pour The Company also wishes to report it is in the final stages of completing its Feasibility Study for Serra Alta deposit at the Monte Do Carmo (\"MDC\") 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 we expect to complete the feasibility shortly.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. 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.\"About CerradoCerrado Gold is a Toronto-based gold production, development, and exploration company focused on gold projects in South America. The Company is the 100% owner of both the producing Minera Don Nicolás and Las Calandrias mine in Santa Cruz province, Argentina, and the highly prospective Monte Do Carmo development project, located in Tocantins State, Brazil. In Canada, Cerrado Gold is developing it's 100% owned Mont Sorcier Iron Ore and Vanadium project located outside of Chibougamou, Quebec.In Argentina, Cerrado is maximizing asset value at its Minera Don Nicolas operation through continued operatio...