Cerrado Gold (CERT) Corporate presentation summary

Strategic positioning and funding

• Multi-jurisdictional precious metals producer with projects in Argentina, Portugal, and Canada, fully funded for near-term development and growth initiatives.

• Cash balance of $31.4M as of March 31, 2026, with additional cash inflows expected from asset sales and option agreements.

• Export Credit Agency project financing in place for major projects, minimizing equity dilution and maximizing shareholder value.

Production and operational highlights

• Steady gold production of ~55,000 oz/year through 2028 at Minera Don Nicolas, with AISC between $1,800–$2,000/oz and EBITDA of $44M/year at $2,100 gold.

• Heap leach and underground operations ramping up, with significant exploration programs targeting resource expansion and mine life extension.

• Accelerated exploration in 2026: 50,000m surface and 20,000m underground drilling planned.

Asset development and growth pipeline

• Lagoa Salgada VMS project in Portugal: 80% ownership, post-tax NPV8% of $147M, 39% IRR, and expected to be a lowest cost quartile producer.

• Updated feasibility study for Lagoa Salgada expected H2 2026, with construction decision in Q3 2027 and first production targeted for Q2 2029.

• Mont Sorcier iron ore project in Québec: Feasibility study underway, targeting 8Mtpa of 67% iron concentrate for green steel, with post-tax NPV8% of $1.6B and 43% IRR.