Cerrado Gold, June 9th

Mike McAllister, CPIR, Vice President, Investor Relations

Mike McAllister has over 22 years of experience working with public mining companies, the last 16 as a mining-specialized investor relations professional. He joined Cerrado Gold in 2023. Previously, he worked with Superior Gold, acquired by Catalyst Metals and, before that, Sierra Metals, where he helped the Company complete its dual US listing and saw it progress from a small to a mid-tier diversified producer. Mr. McAllister worked at Avion Gold, acquired by Endeavour Mining. Before working in investor relations roles, he worked at BMO Capital Markets in the Metals & Mining Group. Mike holds the Certified Professional Investor Relations (CPIR) designation, completed at the Ivey School of Business, University of Western Ontario.

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 Chibougamau, Quebec.

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

In Portugal, Cerrado focuses on the development and exploration 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 development and exploration opportunity, already demonstrating its mineable scale and cash flow generation potential.

In Canada, Cerrado is developing its 100% owned Mont Sorcier high-purity, high-grade, direct-reduced iron project. The Mont Sorcier project 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, high-purity product facilitates the migration of steel producers from blast furnaces to electric arc furnaces, contributing to the decarbonization of the industry and achieving sustainable development goals.