{"id":27259,"date":"2023-07-25T06:00:24","date_gmt":"2023-07-25T10:00:24","guid":{"rendered":"https:\/\/capital10x.com\/old\/?p=27259"},"modified":"2024-03-21T08:25:21","modified_gmt":"2024-03-21T12:25:21","slug":"cerrado-gold-update-monte-do-carmo-gold-project-brazil","status":"publish","type":"post","link":"https:\/\/capital10x.com\/old\/cerrado-gold-update-monte-do-carmo-gold-project-brazil\/","title":{"rendered":"Cerrado Gold: Update at Monte Do Carmo Gold Project, Brazil"},"content":{"rendered":"<p><strong>Highlights<\/strong><\/p>\n<ul>\n<li>Installation License Application to be Filed in Early August<\/li>\n<li>Serra Alta Feasibility Completion Postponed for Approximately Three Months due to Material Opportunities That Require Changes in Scope<\/li>\n<\/ul>\n<p><strong>Cerrado Gold Inc. (TSX.V:CERT)(OTCQX:CRDOF)<\/strong> announced that it intends to file its License of Installation (&#8220;LI&#8221;) application with the Instituto Natureza do Tocantins or NATURATINS, the state environmental regulatory authority, on or around August 10, 2023, for the development of the Serra Alta deposit at the Monte Do Carmo project. Subject to acceptance of the application, the Company anticipates it will be granted the Installation License approximately three months thereafter, which will allow for construction activities to commence at the project.<\/p>\n<p>In addition, the Cerrado is also updating the expected completion schedule for the Feasibility Study (&#8220;FS&#8221;) for the Serra Alta deposit at its Monte Do Carmo project in Brazil. In finalizing various components of the FS, Cerrado has identified material new opportunities that require changes in scope to ensure they are captured within the project economics. This will require approximately three additional months to complete the FS. As such, the updated completion is now targeted by the end October 2023.<\/p>\n<div class=\"su-quote su-quote-style-default su-quote-has-cite\"><div class=\"su-quote-inner su-u-clearfix su-u-trim\">We are pleased to be making steady progress in permitting at the Serra Alta project and expect the granting of the LI to continue to support our ongoing development. Further, while we are disappointed with the delay in completing the FS, we believe it is a prudent step to ensure that the best value for shareholders is achieved by implementing the best potential design for the long-term development of the project.<span class=\"su-quote-cite\">Mark Brennan, CEO and Chairman, Cerrado Gold<\/span><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Cerrado Gold Inc. (TSX.V:CERT)(OTCQX:CRDOF) announced that it intends to file its License of Installation (&#8220;LI&#8221;) application with the Instituto Natureza do Tocantins or NATURATINS, the state environmental regulatory authority, on or around August 10, 2023, for the development of the Serra Alta deposit at the Monte Do Carmo project. Subject to acceptance of the application, the Company anticipates it will be granted the Installation License approximately three months thereafter, which will allow for construction activities to commence at the project.<\/p>\n","protected":false},"author":25,"featured_media":26688,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[56,2429],"tags":[2283,104,2141,2285,2329],"class_list":{"0":"post-27259","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-featured","8":"category-gold-silver","9":"tag-cerrado-gold-inc","10":"tag-gold","11":"tag-investing-in-gold","12":"tag-otcqxcrdof","13":"tag-tsx-vcert"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Cerrado Gold: Update at Monte Do Carmo Gold Project, Brazil | Capital 10X<\/title>\n<meta name=\"description\" content=\"Cerrado Gold Inc. (TSX.V:CERT)(OTCQX:CRDOF) announced that it intends to file its License of Installation (&quot;LI&quot;) application with the Instituto Natureza do Tocantins or NATURATINS, the state environmental regulatory authority, on or around August 10, 2023, for the development of the Serra Alta deposit at the Monte Do Carmo project. Subject to acceptance of the application, the Company anticipates it will be granted the Installation License approximately three months thereafter, which will allow for construction activities to commence at the project.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/capital10x.com\/old\/cerrado-gold-update-monte-do-carmo-gold-project-brazil\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cerrado Gold: Update at Monte Do Carmo Gold Project, Brazil | Capital 10X\" \/>\n<meta property=\"og:description\" content=\"Cerrado Gold Inc. (TSX.V:CERT)(OTCQX:CRDOF) announced that it intends to file its License of Installation (&quot;LI&quot;) application with the Instituto Natureza do Tocantins or NATURATINS, the state environmental regulatory authority, on or around August 10, 2023, for the development of the Serra Alta deposit at the Monte Do Carmo project. Subject to acceptance of the application, the Company anticipates it will be granted the Installation License approximately three months thereafter, which will allow for construction activities to commence at the project.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/capital10x.com\/old\/cerrado-gold-update-monte-do-carmo-gold-project-brazil\/\" \/>\n<meta property=\"og:site_name\" content=\"Capital 10X\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Capital10x\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-25T10:00:24+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-21T12:25:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2023\/04\/mtl-company-cerrado-gold-01-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1069\" \/>\n\t<meta property=\"og:image:height\" content=\"713\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Duane Hope\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@capital10x\" \/>\n<meta name=\"twitter:site\" content=\"@capital10x\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Duane Hope\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/capital10x.com\/old\/cerrado-gold-update-monte-do-carmo-gold-project-brazil\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/capital10x.com\/old\/cerrado-gold-update-monte-do-carmo-gold-project-brazil\/\"},\"author\":{\"name\":\"Duane Hope\",\"@id\":\"https:\/\/capital10x.com\/old\/#\/schema\/person\/75fddffbd75d63e9226bc4c592e9a851\"},\"headline\":\"Cerrado Gold: Update at Monte Do Carmo Gold Project, Brazil\",\"datePublished\":\"2023-07-25T10:00:24+00:00\",\"dateModified\":\"2024-03-21T12:25:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/capital10x.com\/old\/cerrado-gold-update-monte-do-carmo-gold-project-brazil\/\"},\"wordCount\":282,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/capital10x.com\/old\/#organization\"},\"image\":{\"@id\":\"https:\/\/capital10x.com\/old\/cerrado-gold-update-monte-do-carmo-gold-project-brazil\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2023\/04\/mtl-company-cerrado-gold-01-1.jpg\",\"keywords\":[\"Cerrado Gold Inc\",\"GOLD\",\"investing in gold\",\"OTCQX:CRDOF\",\"TSX.V:CERT\"],\"articleSection\":[\"Featured\",\"Gold\/Silver\"],\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/capital10x.com\/old\/cerrado-gold-update-monte-do-carmo-gold-project-brazil\/#respond\"]}],\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/capital10x.com\/old\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/capital10x.com\/old\/cerrado-gold-update-monte-do-carmo-gold-project-brazil\/\",\"url\":\"https:\/\/capital10x.com\/old\/cerrado-gold-update-monte-do-carmo-gold-project-brazil\/\",\"name\":\"Cerrado Gold: Update at Monte Do Carmo Gold Project, Brazil | Capital 10X\",\"isPartOf\":{\"@id\":\"https:\/\/capital10x.com\/old\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/capital10x.com\/old\/cerrado-gold-update-monte-do-carmo-gold-project-brazil\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/capital10x.com\/old\/cerrado-gold-update-monte-do-carmo-gold-project-brazil\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2023\/04\/mtl-company-cerrado-gold-01-1.jpg\",\"datePublished\":\"2023-07-25T10:00:24+00:00\",\"dateModified\":\"2024-03-21T12:25:21+00:00\",\"description\":\"Cerrado Gold Inc. (TSX.V:CERT)(OTCQX:CRDOF) announced that it intends to file its License of Installation (\\\"LI\\\") application with the Instituto Natureza do Tocantins or NATURATINS, the state environmental regulatory authority, on or around August 10, 2023, for the development of the Serra Alta deposit at the Monte Do Carmo project. 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