Cerrado Gold Announces Q1 2026 Production Results at Its Minera Don Nicolas Mine in Argentina

Cerrado Gold reported stronger Q1 2026 production at Minera Don Nicolás with 12,842 gold-equivalent ounces (GEO), up from 11,163 GEO in Q1 2025, and maintained 2026 guidance of 50,000–60,000 GEO. Heap leach output rose (8,787 GEO) while CIL delivered 4,055 GEO; underground development is accelerating to access higher-grade ore in Q2/Q3. The company noted improved realized gold prices after hedge close-outs in January (average realized price $4,418/oz for the quarter), and advancing exploration with four drill rigs. Operational headwinds from irrigation/water availability constrained recoveries but are improving. Market impact: stronger production, maintained guidance, and a materially higher realized gold price signal improved cash generation potential and could be supportive for gold exposure (XAUUSD) and investor sentiment toward Cerrado, while ramping underground production and exploration progress reduce near-term operational risk.