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Cerrado's cash flows in ahead of expansion

Cerrado Gold’s Argentinian Minera Don Nicolas gold mine—which was constructed in 2017—delivered record earnings for the company in Q1 as it continues with expansion plans and mine development.

Cerrado's cash flows in ahead of expansion Cerrado's cash flows in ahead of expansion Cerrado's cash flows in ahead of expansion Cerrado's cash flows in ahead of expansion Cerrado's cash flows in ahead of expansion

Cerrado's Monte do Carmo

Cerrado's adjusted EBITDA moved to US$9.67 million in Q1, which is up from a loss of $956,000 a year earlier.

The company's net income was $3.35 million, compared to a loss of $5.