Cerrado Gold (TSE:CERT) has released an update.
Cerrado Gold has announced a positive Preliminary Economic Assessment and updated Mineral Resource Estimate for its Minera Don Nicolas mine, showing a robust financial outlook with a $111 million after-tax NPV at $2,100/oz gold, and strong annual production and cash flow forecasts. The mine, with a five-year lifespan, boasts low cash costs and requires no significant upfront capital, positioning the company for stable operations and future growth.
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