Cerrado Gold Appoints Ed Guimaraes as Executive Vice President
Cerrado Gold Appoints Ed Guimaraes as Executive Vice
President
TORONTO, ON / ACCESS Newswire / June 2, 2025 / Cerrado Gold
Inc. (TSX. V:CERT)(OTCQX:CRDOF)(FRA:BAI0) ("Cerrado" or the "Company") is pleased to
announce the appointment of Ed Guimaraes to the position of Executive Vice President,
effective June 1, 2025.
Mr. Guimaraes has over 30 years of experience in the mining industry, most recently in an
executive advisory capacity and through several board directorships. His career spans a
broad range of base and precious metals producers, having supported the development,
expansion, and ongoing operations of copper, zinc, lead, gold, and silver mines in Canada,
Chile, Peru, Mexico and Argentina. Mr. Guimaraes previously acted as the Chief Financial
Officer at Sierra Metals between 2014 and 2023, and he was with Aur Resources between
1995 and 2007, ultimately serving as Executive Vice-President, Finance and Chief Financial
Officer, until its acquisition by Teck Resources in 2007 for US$4.1 billion. Prior to 1995, he
worked in the Toronto mining group of PricewaterhouseCoopers. Mr. Guimaraes is a
Chartered Professional Accountant (CPA, CA), a graduate of the ICD-Rotman Directors
Education Program (ICD.D) and holds a Bachelor of Arts in Administrative and Commercial
Studies from Western University.
Mark Brennan, Executive Chairman, commented: "On behalf of the Board and
Management, I would like to welcome Ed to the team. We had very strong success working
together growing Sierra Metals, and his extensive financial and operational experience
supporting development and expansion of projects will add significant benefit to the
Company as we continue to grow the Minera Don Nicolas gold mine to its full potential and
advance the Lagoa Salgada VMS and Mont Sorcier High Purity Iron Ore Projects. "
About Cerrado
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 is 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.
In Canada, Cerrado holds a 100% interest in the Mont Sorcier high purity Iron project,
which has the potential to produce a premium iron concentrate over a long mine life at low
operating costs and low capital intensity. Furthermore, its high grade and high purity
product facilitates the migration of steel producers from blast furnaces to electric arc
furnaces, contributing to the decarbonization of the industry and the achievement of
sustainable development goals.
For more information about Cerrado please visit our website at: www.cerradogold.com.
Mark Brennan
CEO and Chairman
Mike McAllister
Vice President, Investor Relations
Tel: +1-647-805-5662
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SOURCE: Cerrado Gold Inc.