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Cerrado Gold (CERT) investor relations material
Cerrado Gold Small Cap Growth Hybrid Investor Conference summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Minera Don Nicolás production and exploration
FY26 gold guidance is 50,000–60,000 oz, with the upper end expected; H1 production was just under 30,000 oz AuEq and AISC was $1,680/oz.
Argentina EBITDA is expected to exceed $120 million in FY26; higher-grade feed to the CIL plant supports a production target of 100,000 oz in the coming years.
FY26 drilling totals 75,000 m: 50,000 m on surface, 20,000 m underground and 5,000 m at Falcon; an updated PEA and resource estimate are expected in Q1 2027.
The Q1 2027 PEA is intended to demonstrate a 5–6-year mine life and higher-grade material; four drills are expected to continue operating next year.
The Argentina land package covers 330,000 hectares, with less than 10% explored; an in-house assay lab was targeted to come online in November 2026.
Lagoa Salgada development
An updated feasibility study is expected later in 2026; environmental and construction permit applications are planned for December 2026, with a permit decision expected by Q2 2027.
Construction is targeted for 2027, with an approximately 18-month build and first production expected in early 2029.
The project has over 26 million tonnes of resource and a 14-year mine life; metals include 40% precious metals alongside zinc, copper and tin.
The prior study showed $147 million NPV and 39% IRR; updated metallurgy, sequencing and cost work is expected to improve project economics.
Planned output is about 50,000 oz AuEq; throughput is currently about 2.5 million tonnes per year, with potential to exceed 4 million tonnes per year.
Mont Sorcier development
The feasibility study is expected in H1 2027; permitting is planned to start around Q2 2027, with permits targeted by Q1 2029 and production by Q1 2031.
The study is evaluating 8 million tonnes per year of 67% iron ore concentrate, staged as 4 million tonnes initially and another 4 million tonnes a couple of years later.
The 2022 PEA outlined 5 million tonnes per year of 65% concentrate, $1.6 billion NPV, 43% IRR and 1.8-year payback.
The resource is 1.3 billion tonnes; the 21-year mine plan uses about one-third of it, with potential for up to 50 years at the planned rate or higher output.
Existing rail and port infrastructure and Quebec hydropower are expected to support project development; a 25 km rail spur is the identified rail connection requirement.
- Strong cash flow and major project pipeline position for doubled output by 2031.CERT
Small cap showcase Conference - Production growth, project milestones, and strong cash flow drive expansion plans through 2029.CERT
Lytham Partners Fall 2026 Investor Conference - Aggressive expansion and project development target over 300,000 gold-equivalent ounces in coming years.CERT
96th Emerging Growth Conference - Production and cash flow are poised for major growth as new projects and expansions advance.CERT
H.C. Wainwright 28th Annual Global Investment Conference - Steady gold production, robust cash flow, and major project growth drive strong value creation.CERT
Corporate presentation - Q2 2026 gold equivalent output and EBITDA surged, supporting a strong outlook despite inflation risks.CERT
Q2 2026 - Record Q1 2026 EBITDA, net income, and gold output drive growth and project expansion.CERT
Q1 2026 - Strong cash flow and project pipeline drive growth, with key milestones ahead in 2024–2026.CERT
Precious Metals & Critical Minerals Virtual Investor Conference - Q2 2025 delivered 11,437 GEO at $1,779/oz AISC, with debt reduced and growth projects advancing.CERT
Q2 2025
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