Cerrado gold updated metallurgical testwork supports ability to produce 67% high purity, direct reduction iron (“dri”) grade concentrates at its mont sorcier iron ore project in quebec

Metallurgical test work on master composite reaffirms production of dri grade iron concentrate with combined silica and alumina below 2.5%; dri grade concentrate demand to grow at a cagr of over 9.0% p.a. for the next decade according to industry forecasts enhanced economic magnetite iron recovery of 83%; variability test work of the primary domains has commenced; additional test work focused on equipment sizing is now ongoing ; feasibility study targeted for q1 2026 (all numbers reported in us dollars) toronto, on / access newswire / march 3, 2025 / cerrado gold inc. (tsx.v:cert)(otcqx:crdof) ("cerrado" or the "company") is pleased to announce further positive metallurgical test results confirming the ability to produce high purity, dri grade 67% iron concentrates at its mont sorcier magnetite iron ore project located mainly in the cree territory of eeyou istchee james bay, about twenty kilometres east of chibougamau, quebec, held through its 100% owned subsidiary, voyager metals inc. the metallurgical tests results reflect a continuation of the test work announced in march 2024 which will be used to determine the final flow sheet design for the feasibility study at mont sorcier, which is expected to be completed in q1 026.
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