Minera Don Nicolas .
This includes the commencement of the first exploration drill program on the property in the last 5 years.” He continued, “Weekly improvements encourage us to believe that we will achieve our production expectations of 45,000 – 55,000 oz Au annually while lowering total expected cash costs for the full year 2021 to $900/oz Au and AISC to approximately $1,100/oz Au.
2020 was a transformative period for the Company in completing the acquisition of MDN while undergoing a global pandemic encumbered by heavy travel and operational restrictions.
The Company would like to extend many thanks to Rohan for his tireless and significant contributions to the company including, but not limited to, closing the MDN acquisition and leading the go-public listing.
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Hybrid has been engaged by the Company for an initial period of 6 months starting February 25, 2021 and then shall be renewed automatically for successive 3 month periods thereafter, unless terminated by the Company in accordance with the Agreement.
Cerrado Gold is a public gold producer and exploration company with gold production derived from its 100% owned Minera Don Nicolás mine in Santa Cruz province, Argentina.
Except as required by law, Cerrado Gold disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise.