Cerrado Gold (TSE:CERT) has released an update.
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Cerrado Gold Inc. has announced its Q4 and full-year financial and operational results for 2023, including satisfying conditions for a US$7 million funding advance and exceeding 17,000 ounces of gold production over the last three months at its Minera Don Nicolas mine in Argentina. Despite a delay in ramping up production due to crusher commissioning issues, the company achieved an annual production of 52,230 Gold Equivalent Ounces and anticipates commercial production in Q2 2024. Additionally, the company has strengthened its accounting team with the appointment of Santiago Abbruzzini, who brings over 17 years of auditing experience.
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