Cerrado Gold Experiences Leadership Change with Director's Exit
Cerrado Gold Confirms the Resignation of a Board Member
The announcement from Cerrado Gold Inc. regarding the resignation of Mr. Robert Campbell marks a significant shift in the company’s leadership. Mr. Campbell's decision to retire has taken effect immediately, highlighting a new chapter for the company.
CEO's Remarks on Mr. Campbell's Contribution
Mark Brennan, the Chairman and CEO of Cerrado Gold, expressed gratitude for Mr. Campbell’s years of service. He emphasized that their journey together over the past two decades has been marked by successes and memorable milestones. Although the team will miss his presence, they extend their best wishes for his retirement.
Cerrado Gold's Operational and Growth Focus
As a prominent player in the mining industry, Cerrado Gold is based in Toronto and specializes in gold production, development, and exploration. The company owns a 100% stake in the Minera Don Nicolás and Las Calandrias mines located in Argentina. Their operations aim to enhance asset value through continuous optimization efforts.
Exploring Opportunities in Argentina
In Argentina, Cerrado is making strides at the Minera Don Nicolas site while ramping up production at the Las Calandrias heap leach project. The ongoing exploration endeavors are unlocking potential resources within their expansive land package in the renowned Deseado Massif region.
Expanding Horizons in Portugal
Cerrado is also active in Portugal, where it holds an 80% interest in the promising Lagoa Salgada VMS project. This project is notable for its rich polymetallic mineralization, including zinc, copper, lead, silver, and gold. The strategic location of Lagoa Salgada enhances its allure, situated just 80 km from Lisbon with robust infrastructure supporting exploration and development initiatives.
Canadian Ventures and Sustainable Development
In Canada, Cerrado Gold has full ownership of the Mont Sorcier Iron project. This project is poised to produce a high-quality iron concentrate with advantages in operating costs and longevity. The project aligns with the industry’s shift toward more sustainable methods by promoting electric arc furnace technology, which supports the global decarbonization efforts.
These ventures illustrate Cerrado’s commitment to enhancing shareholder value and driving forward its operational capabilities in diverse geographical regions.
Contact Information for Stakeholders
For further insights or inquiries regarding the company and its operational objectives, interested parties can reach out to our team:
Mark Brennan
CEO and Chairman
Mike McAllister
Vice President, Investor Relations
Tel: +1-647-805-5662
Email: mmcallister@cerradogold.com
Frequently Asked Questions
What prompted Mr. Campbell's resignation?
Mr. Campbell has chosen to retire, marking the end of his tenure on the board.
Who is the current CEO of Cerrado Gold?
Mark Brennan serves as the CEO and Chairman of Cerrado Gold.
Where are the main operations of Cerrado Gold located?
Cerrado Gold’s primary operations are in Argentina, with additional interests in Portugal and Canada.
How does the Mont Sorcier Iron project contribute to sustainability?
The Mont Sorcier project supports the transition to electric arc furnaces, which reduces carbon emissions in steel production.
What is the exploration focus at the Lagoa Salgada project?
The Lagoa Salgada project is focused on high-grade polymetallic resources, with extensive exploration potential nearby.
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