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Cerrado Gold Reports Strong Q2 2026 Production Results at Its Minera Don Nicolas Mine in Argentina
Strong Production of 15,415 Gold Equivalent Ounces ("GEO") for the 2 nd Quarter 2026 and 28, 257...
About this update from Cerrado Gold Inc
Cerrado Gold Reports Strong Q2 2026 Production Results at Its Minera Don Nicolas Mine in Argentina Strong Production of 15,415 Gold Equivalent Ounces ("GEO") for the 2nd Quarter 2026 and 28, 257 GEO for the first 6 months of 2026Higher Grade Ore Production from the Underground ramping up on scheduleOngoing exploration program combined with Falcon acquisition expected to support resource growth, leading to increased mine life and structural increases in production levels Preliminary Economic Assessment targeted for Q1/27Annual Production Guidance of 50,000 to 60,000 GEO maintained for 2026 TORONTO, July 13, 2026 (GLOBE NEWSWIRE) -- Cerrado Gold Inc. [TSX.V: CERT] [OTCQX: CRDOF] ("Cerrado" or the "Company") reports production results for the second quarter ended June 2026 ("Q2 2026") from the Minera Don Nicolas Mine in Santa Cruz Province, Argentina ("MDN"). Full quarterly financial results are expected to be released prior to August 30, 2026. Q2 Operating Highlights Q2 Production of 15,415 vs 13,835 GEO in Q2 2025, 2026 first half Production of 28,257 vs 22,600 GEO in 2025Heap leach production improved to deliver 9,981 GEO in the quarterUnderground development work continued; leading to increased production for H2/26CIL plant continues to process a blend of stockpile material with an increasing mix of ore from underground operations, resulting in total production of 5,434 GEO in Q2 Operations for Q2 2026 showed strong production results relative to the previous quarter and prior years. Production rates increased at the heap leach versus the previous quarter as irrigation issues due to water shortages were addressed, and the benefits from the improvements to the crushing circuit continued to support improved recoveries and production. Silver recovery rates showed a marked improvement at the heap leach operations due to adjustments in the circuit, enhancing overall GEO production. The focus on underground development continued during the quarter, with higher amounts of fresh ore becoming available towards the end of the quarter. Additional ore is expected to be delivered in Q3 and Q4, supporting an expected increase in overall production levels in the latter half of the year compared with the first half of 2026. During 2026, underground ore operations will continue to alternate between development activities and ore extraction, as the underground workings fo...