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Cerrado Gold Inc V.CERT

Alternate Symbol(s):  CRDOF

Cerrado Gold Inc. is a Canada-based gold production, development, and exploration company focused on projects in the Americas. The Company is the 100% owner of both the producing Minera Don Nicolas and Las Calandrias mine in Santa Cruz province, Argentina and is the 100% owner of the Mont Sorcier Iron Ore Project in Quebec, Canada. In Canada, it holds a 100% interest in the Mont Sorcier Iron Ore and Vanadium project, which has the potential to produce a premium iron ore concentrate. The Minera Don Nicholas (MDN) property is located in the mineral rich Deseado Massif in the province of Santa Cruz, totaling 333,340 ha's of concessions. MDN is producing operating mining from two separate open pit areas, La Paloma and Martinetas. The Mont Sorcier Iron ore property is located just 18 km outside of Chibougamau, Quebec. The Property hosts a large Iron resource with significant and extractable Vanadium.


TSXV:CERT - Post by User

Comment by ABDPhilon Feb 15, 2024 12:20pm
155 Views
Post# 35882090

RE:RE:RE:Risk/Reward looks great here!

RE:RE:RE:Risk/Reward looks great here!
What you say is partly true, because I missed a page. That said, the calculation presents 107,000 ounces of gold in measured reserves and 639,000 in presumed reserves, for open pit mining (page 9 of the December 2023 technical report).
 
In underground mining, you must add 2,000 ounces of gold in measured reserves and 148,000 in inferred reserves.
 
I'll let you do your research, and see for yourself the efforts that will be necessary to produce a technical report at DFS (Defenitive Feasability Study) level.
 
Otherwise, your little inappropriate comments are childish. You are free to continue doing them, just as you are free to believe that MDC is worth $250,000,000.
 
Without insults, I greet you kindly.
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