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Cerrado Gold (CERT) investor relations material
Cerrado Gold Precious Metals & Critical Minerals Virtual Investor Conference summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Strategic positioning and growth outlook
Currently produces 50,000–60,000 oz of gold annually, with steady-state operations and robust cash flow at current gold prices.
Accelerated exploration at Minera Don Nicolás in Argentina aims to extend mine life to at least 5–6 years by year-end.
Plans to bring Lagoa Salgada (Portugal) to a construction decision by Q3 2024, targeting an 18-month build and strong financial backing.
Mont Sorcier iron project in Quebec targets a bankable feasibility study by Q2 2026, environmental application by year-end, and production by early 2030.
Pathway to over 325,000 oz gold equivalent production by 2030–2031 through phased project development.
Financial performance and funding
Q4 EBITDA exceeded CAD 30 million; annual free cash flow from Argentina projected at CAD 25 million at CAD 2,100 gold, higher at current prices.
Ended 2023 with just under CAD 23 million in cash, plus additional payments expected from asset sales and options.
Well-funded for near-term growth, with strong cash generation expected through 2028 and minimal dilution anticipated.
Share repurchase program ongoing, averaging 10,000–20,000 shares per day.
Management and insiders own over 11% of shares, aligning interests with shareholders.
Project updates and operational highlights
Minera Don Nicolás transitioned to include CIL, heap leach, and underground operations, with a major greenfield exploration program underway.
Lagoa Salgada feasibility study shows NPV of CAD 147 million and 39% IRR; project remains 65% precious metals focused at current prices.
Mont Sorcier upgraded to 67% iron ore concentrate, targeting green steel markets with strong infrastructure and export credit agency support.
Mont Sorcier PEA indicates CAD 1.6 billion NPV and $235 million annual free cash flow over 21 years.
Exploration at all sites aims to expand resources and production, with a focus on high-grade underground ore to boost output and reduce costs.
- Q2 2025 delivered 11,437 GEO at $1,779/oz AISC, with debt reduced and growth projects advancing.CERT
Q2 202515 Apr 2026 - Q1 2025 delivered steady gold output, improved EBITDA, and key project milestones.CERT
Q1 202515 Apr 2026 - Gold output up 4%, EBITDA surged, net debt fell 52%, but costs remain high.CERT
Q4 202415 Apr 2026 - 2025 gold output hit 50,238 GEO with $46.1M EBITDA; 2026 targets 50–60k GEO, unhedged.CERT
Q4 20252 Apr 2026 - Production and cash flow are set for rapid growth as key projects advance without dilution.CERT
Investor Summit Virtual Conference25 Mar 2026 - Three projects aim for 400,000–500,000 oz gold equivalent by 2030, with secured funding and growth.CERT
Sidoti March Small-Cap Virtual Conference18 Mar 2026 - Steady gold output, major project milestones, and strong growth outlook drive value creation.CERT
Q3 Investor Summit Group Virtual Conference 20253 Feb 2026 - Lagoa Salgada's EIA approval is disputed, but other assets and financials remain strong.CERT
Status update2 Feb 2026 - Record Q3 gold output, rising cash flow, and project investments drive future growth.CERT
Q3 20252 Dec 2025
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Next Cerrado Gold earnings date
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