Cerrado Gold Inc. is accelerating its exploration program at the Minera Don Nicolas gold mine by adding three new drill rigs, increasing the program to 50,000 meters in 2026. The company will also certify its on-site laboratory for faster assay results. Operations on-site are going well, with new equipment improving ore delivery rates. CEO Mark Brennan aims to extend mine life and increase production levels. Cerrado also issued restricted share units and share purchase options to eligible participants. The company is focused on maximizing asset value and growing production at its various mining projects in Argentina, Portugal, and Canada. MDN is adding three new drill rigs to speed up exploration program after positive initial findings. The exploration budget will be significantly increased. MDN will certify its on-site Laboratory for faster assay results. Cerrado made forward-looking statements about the exploration program, on-site lab efficiency, ore grade, underground operations, and timing of exploration. While Cerrado believes expectations are reasonable, there are risks and uncertainties that could impact actual results. Readers are advised not to rely too heavily on forward-looking statements. Cerrado disclaims any intention to update or revise statements unless required by law.

Read more at 1. MDN to boost exploration program with three new drill rigs and increased budget – GlobeNewswire

2. MDN to certify on-site Laboratory for faster assay results – GlobeNewswire: Cerrado Gold Announces Acceleration of Exploration Program