Cerrado Gold Announces First Quarter 2026 Financial Results

Gold equivalent production of 12,842 Gold Equivalent Ounces (“GEO”) at AISC of $1,348/oz Au during Q1 2026 Record Adjusted EBITDA of $28.7 million for Q1 2026, benefiting from unhedged gold position Strong Cash Position of $31.4 million at quarter end Full year production guidance of 50,000-60,000 GEO maintained Exploration programs progressing as planned Continued progress at both the Lagoa Salgada and Mont Sorcier projects Recent Acquisition of Falcon properties positions MDN for the longer term Management to host conference call on May 28 th , 11:00 AM EDT TORONTO, May 27, 2026 (GLOBE NEWSWIRE) -- Cerrado Gold Inc. [TSX.V:CERT][OTCQX:CRDOF; FRA:BAI0] (“Cerrado” or the “Company”) announces its operational and financial results for the first quarter 2026 (“Q1/26”), including its Minera Don Nicolas (“MDN”) gold mine in Santa Cruz Province, Argentina, its Lagoa Salgada Polymetallic Project in Portugal, and its Mont Sorcier High Purity DRI Iron Project in Quebec. Production results for MDN were previously released on April 20, 2026.