TORONTO, Oct. 10, 2025 (GLOBE NEWSWIRE) -- Cerrado Gold Inc. [TSX.V:CERT][OTCQX:CRDOF; FRA:BAI0] (“Cerrado” or the “Company”) announces the resignation of Mr. Robert Campbell from its board of directors effective today. Mr. Campbell has tendered his resignation from the Cerrado board as he intends to retire. Mark Brennan, Chairman and CEO stated, “We have had a long and successful journey as a team over the past 20 years, we are sorry to see him go but wish him a very happy retirement.” The Company’s manage ...

Core Viewpoint - Chibougamau Independent Mines Inc. and Globex Mining Enterprises Inc. are updating on the Mont Sorcier iron vanadium deposit, highlighting their respective royalties on production and ongoing metallurgical test work aimed at enhancing project feasibility [1][3][4]. Group 1: Project Update - The Mont Sorcier project is focused on producing high-grade iron concentrate with over 67% iron content and low silica and alumina levels below 2.3% [3]. - Ongoing test work includes flotation testing, variability tests, grind size optimization, and equipment sizing, which are critical for the project's development [3][4]. - A Bankable Feasibility Study (BFS) is targeted for completion by the end of Q1 2026, building on a previous Preliminary Economic Assessment (PEA) that indicated a project NPV8% of US$1.6 billion based on 65% iron concentrates [4]. Group 2: Company Royalties - Chibougamau Independent Mines holds a 2% Gross Metal Royalty on all iron and vanadium produced from the Mont Sorcier property [1]. - Globex Mining Enterprises has a 1% Gross Metal Royalty on all iron production from the same property [1].