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Cerrado Gold Reports Higher Gold Equivalent Production in Q1, Maintains 2026 Production Guidance

-- Cerrado Gold (CERT.V), which saw its shares rise by more than 4% last Friday, said Monday that its gold equivalent production increased year over year in the first quarter while 2026 production guidance of 50,000 to 60,000 gold equivalent ounces was maintained.

The company said it produced 12,842 GEO for the three months ended March 31 from the Minera Don Nicolas mine in Argentina, rising from 11,163 GEO in the year-ago period.

Among other highlights it cited improved realized gold prices with close-out of hedges in January, and

said underground development is "ramping up" to support increased production in Q2 in to Q3.

The company added its exploration program is "advancing rapidly" to support resource growth at MDN with four drill rigs operating on site, and development activities "continue to progress" at both the Lagoa Salgada and Mont Sorcier projects

Shares in CERT were up $0.07 or 4.1% to $1.76 last Friday.

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