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Cerrado Gold Appoints Chris MacInnis as Vice President, Geology

CRDOF
  • Cerrado Gold Inc. appointed Chris MacInnis as Vice President, Geology effective immediately, following his prior role as Director of Geology and Resources since March 2023.
  • MacInnis brings over 20 years of experience, having previously led the Mineral Resource division at GoldSpot to develop AI algorithms for exploration targets & served as a Senior Geologist at SRK Consulting authoring 43-101 reports.
  • CEO Mark Brennan stated MacInnis's expertise will support ongoing 50,000-meter surface & 20,000-meter underground drill programs at Minera Don Nicolas as well as planned infill drilling at the Mont Sorcier project.
  • The Company issued 325,000 restricted share units (RSUs) to eligible participants under its omnibus incentive plan, which will vest in 12 months & convert to common shares upon vesting.
  • Cerrado Gold operates the producing Minera Don Nicolás & Las Calandrias mines in Argentina, holds an 80% interest in the Lagoa Salgada VMS project in Portugal, & is developing the Mont Sorcier Iron project in Quebec.
  • The Lagoa Salgada project is a high-grade polymetallic deposit located 80km from Lisbon on the Iberian Pyrite Belt with potential for zinc, copper, lead, tin, silver, & gold.
  • The Mont Sorcier project aims to produce high-purity, high-grade Direct Reduced Iron concentrate to facilitate steel decarbonization via electric arc furnaces.