Cerrado Gold Reports Strong Q2 2026 Production Results at Its Minera Don Nicolas Mine in Argentina

Cerrado Gold Inc. reported second-quarter 2026 production of 15,415 gold equivalent ounces (GEO) from its Minera Don Nicolas (MDN) mine in Argentina, marking an 11.4% increase from the 13,835 GEO produced in the same period of 2025. For the first half of 2026, GEO production totaled 28,257 ounces, up from 22,600 ounces in H1 2025.

The heap leach operation contributed 9,981 GEO following the resolution of water-related irrigation issues, while the CIL plant produced 5,434 GEO by blending stockpile material with a growing proportion of underground ore. The company maintained its annual production guidance at 50,000 to 60,000 GEO.

Management announced plans to complete a new Preliminary Economic Assessment (PEA) by the first quarter of 2027. This assessment will incorporate resources from the recently acquired Falcon and Calandrias II properties to extend mine life and lift production profiles. Full Q2 financial results are expected before August 30, 2026.

Cerrado Gold Inc. (CERT) reported second-quarter 2026 production figures that confirm a steady ramp-up, placing the company on track to meet its annual guidance of 50,000–60,000 GEO. The company disclosed no new cost metrics, guidance changes, or strategic transactions. Operational improvements, specifically the resolution of heap leach water shortages, were already highlighted in prior updates.

The stock had been trending downward from highs of $1.90+ in May to $1.63 just before the release, suggesting the market had already priced in robust second-half production following first-quarter results. The announcement of a Preliminary Economic Assessment (PEA) in the first quarter of 2027 serves as a forward-looking catalyst but introduces no immediate value change.

Cerrado Gold Inc. (CERT) is a gold producer operating the Minera Don Nicolás (MDN) mine in the Deseado Massif of Santa Cruz Province, Argentina. The facility utilizes heap leach and a carbon-in-leach (CIL) plant to process surface stockpiles and underground ore from the Paloma area.

The company also holds an 80% interest in the Lagoa Salgada polymetallic VMS project in Portugal, which targets zinc, copper, lead, tin, silver, and gold, as well as 100% ownership of the Mont Sorcier magnetite iron project in Quebec, Canada. Cerrado Gold has no other revenue-generating assets. The company has a market capitalization of approximately C$221 million and maintains a premium listing on the TSX Venture Exchange.