Cerrado Gold (CERT) Corporate Presentation summary

Investment highlights and financial position

• Steady gold production of ~55,000 oz/year with $50M annual cash flow and $25M free cash flow at $2,100/oz gold price, with significant leverage to higher prices.

• Well-funded with $14.5M cash as of June 30, 2025, plus $5M guaranteed and $10M option from asset sales.

• Fully funded to construction decisions for key projects, minimizing dilution and maximizing shareholder value.

• Market capitalization of C$198.4M, share price at C$1.48, and 134M shares outstanding.

Project portfolio and growth strategy

• Multijurisdictional asset base: Minera Don Nicolas (Argentina), Lagoa Salgada (Portugal), Mont Sorcier (Canada).

• Minera Don Nicolas: 55Koz/year gold production, 5-year mine life, ongoing underground development, and extensive exploration.

• Lagoa Salgada: 80% ownership, post-tax NPV8% of $147M, 39% IRR, low-cost VMS project with production targeted for Q1 2028.

• Mont Sorcier: Feasibility study underway for 5Mtpa 67% iron concentrate, targeting green steel market, post-tax NPV8% of $1.6B.

Operational performance and exploration

• Minera Don Nicolas achieved record heap leach production in Q3 2025, with expanded crushing and fleet capacity.

• Underground access at Paloma pit commenced, with production contribution expected in late Q3 2025.

• 2025 drilling program targets multiple high-potential veins and trends, aiming for resource expansion.

• Lagoa Salgada advancing feasibility, permitting, and construction, with robust economics and district-scale exploration upside.