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Cerrado Gold Reports 8.6m at 14.1g/t Au and 16.2m at 3.4g/t Au and 27m at 2.6g/t Au from Its Phase I Drill Program at Its Monte Do Carmo Open Pit Project in Brazil
  Numerous high-grade gold intercepts above current resource grade discovered during S...
About this update from Cerrado Gold Inc
[{"type":"text","content":"Cerrado Gold Reports 8.6m at 14.1g/t Au and 16.2m at 3.4g/t Au and 27m at 2.6g/t Au from Its Phase I Drill Program at Its Monte Do Carmo Open Pit Project in Brazil Numerous high-grade gold intercepts above current resource grade discovered during Serra Alta Phase I drillingProgram continues intersecting elevated values with significant visible gold over broad zones of mineralization.Cerrado Operations and Exploration Update Investor Call: May 11, 2021 11:00 AM Eastern Time (US and Canada)Toronto, Ontario--(Newsfile Corp. - May 11, 2021) - Cerrado Gold Inc. (TSXV: CERT) (\"Cerrado\" or the \"Company\") is very pleased to announce additional drill results from a further seven drill holes from its completed Phase I (18,998 metres) definition drilling program at the Serra Alta deposit, at its Monte do Carmo (\"MDC\") Project located in Tocantins State, Brazil. The drill results highlighted in this release are from drill holes, FSA 111, FSA112, FSA113, and FSA124, FSA 126, FSA130 and FSA 133. Additional drill results will be announced as assays are made available over the next few months. Drill Hole Highlights (All composites are reported as true thickness):FSA11116.24m at 3.44 g/t Au, from 312.20mIncluding 1.05m at 31.60 g/t Au from 328.61m FSA1128.57m at 14.13g/t Au, from 180.48mIncluding 3.01m at 38.38g/t Au from 181.59mFSA12418.40m at 2.17g/t Au, from 193.10mincluding 6.14m at 4.95g/t Au from 198.17m.FSA13027.01m at 2.58g/t Au, from 31.44mincluding 7.74m at 6.60g/t Au from 31.44m.FSA1336.67m at 3.92g/t Au, from 152.80m.Mark Brennan, CEO and Co-Chairman, commented, \"We are extremely pleased that the ongoing drill results from the Phase 1 program at Serra Alta continue to support our view of the potential scale of this deposit as we move into the Phase 2 portion of the drill program. The most recent results also highlight the potential to see an overall improvement in resource grade relative to the current resource.\"  He continued, \"As we await the pending assay results for the outstanding holes to be completed (25 of 55 holes currently reported), we are making preparations to update our mineral resource estimate and complete a new PEA for Serra Alta that we are confident will demonstrate the robust potential at Serra Alta. Further, we remain confident that our Phase 2 drill program, which has recently commenced, will ...