Cerrado Gold

Cerrado Gold is a Toronto-based gold production, development, and exploration company. The Company is the 100% owner of the producing Minera Don Nicolás and Las Calandrias mine in Santa Cruz province, Argentina. In Portugal, the Company holds an 80% interest in the highly prospective Lagoa Salgada VMS project through its position in Redcorp - Empreendimentos Mineiros, Lda. In Canada, Cerrado Gold is developing its 100% owned Mont Sorcier Iron project located outside of Chibougamou, Quebec.

In Argentina, Cerrado is maximizing asset value at its Minera Don Nicolas operation through continued operational optimization and is growing production through its operations at the Las Calandrias heap leach project. An extensive campaign of exploration is ongoing to further unlock potential resources in our highly prospective land package in the heart of the Deseado Masiff.

In Portugal, Cerrado focused on the exploration and development of the highly prospective Lagoa Salgada VMS project located on the prolific Iberian Pyrite Belt in Portugal. The Lagoa Salgada project is a high-grade polymetallic project, demonstrating a typical mineralization endowment of zinc, copper, lead, tin, silver, and gold. Extensive exploration upside potential lies both near deposit and at prospective step-out targets across the large 7,209-hectare property concession. Located just 80km from Lisbon and surrounded by exceptional infrastructure, Lagoa Salgada offers a low-cost entry to a significant exploration and development opportunity, already showing its mineable scale and cashflow generation potential.

Management Profile:

Mr. Hale-Sanders is Cerrado Gold's President. Prior to this Mr. Hale-Sanders’ had a career that spanned over 20 years in the capital markets industry working as a leading base metals and bulk commodities research analyst in Canada working at RBC Capital Markets, TD Securities, CIBC World Markets and Cormark Securities. During this period, Mr. Hale-Sanders visited and reviewed numerous mining operations and corporate entities around the world. Mr. Hale-Sanders holds a B.Sc. in Geology and Chemistry, an MBA from McMaster University and is a CFA Charterholder.

What is your rationale for taking part in 121 Mining Investment?

Improve undervalued nature of stock price and meet with potential investors

What recent news would you like to highlight to investors attending?

3 September - Cerrado Gold Receives US$8.75M Payment from Hochschild
14 June - Cerrado Gold's Lagoa Salgada Project Receives Consent to Submit Revisions to Its EIA Application to the Portuguese Environmental Agency
12 June - Cerrado Gold Begins Underground Operations at Its Minera Don Nicolas Mine

What are your key goals for the next 3, 6 and 12 months?

3 Months

Paydown Debt continue with exploration program at Minera Don Nicolas Mine in Argentina to expand mine life and initiate underground production.

6 Months

Continued Production from Heap Leach and underground at Minera Don Nicolas in Argentina and Improved production and Cash Flow. Complete Feasibility Study for Lagoa Salgada and receipt of Environmental and construction permits.

12 Months

Complete Feasibility Study at Mont Sorcier in Quebec Canada. Continue exploration Program at Minera Don Nicolas in Argentina. Commence construction of Lagoa Salgada.

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Argentina - Inflation. Reducing Costs and headcounts. Currency Controls have been removed

What do you think makes your company such a compelling investment?

Stock is trading at below its value. Potential for significant Cash Build from growing lower cost production in Argentina. In Portugal were are completing an updated FS which and expect to receive permits in the coming months and be in a position to commence construction in Q3 2026. In Canada we have a iron ore project that will produce a 67% Iron Ore Premium Concentrate. We will complete a FS in Q1 2026. We continue to advance the Project Build which has excellent existing infrastructure including rail and deep water port facilities.

What are the top 3 key investor takeaways?

Driving Cash flow with Limited Dilution from steady state gold production with expected resource growth allowing for debt repayment and growing cash flow/ free cash flow. FS completion and development of the Lagoa Salgada Project in Portugal with a construction decision in Q2 2026, production in 2028. Completing FS at Mont Sorcier a Large, high grade iron production scenario which meets the green streel initiative.