Cerrado Gold Reports 21% Year-Over-Year Increase in Q3 2026 Production Results at Minera Don Nicolas - Investing News Network

AI desk brief

Cerrado Gold reported Q3 2026 production of 16,685 GEO at Minera Don Nicolas, up 21% year over year, taking YTD output to 44,942 GEO, up 23%. The company now expects full-year 2026 production to land at the upper end of its 50,000-60,000 GEO guidance range.

Operationally, heap leach output was steady at 9,649 GEO while CIL production rose to 7,036 GEO on selective routing of higher-grade Calandrias feed to the Martinetas mill. Management said higher gold prices allowed more low-grade material onto the heap leach, while lab tests on selected material showed recoveries of up to 95% via milling versus about 60% expected through heap leaching; the company is targeting a new PEA by late Q1 2027 as exploration at Falcon and Calandrias II continues.