Cerrado Gold Appoints Alonso Lujan as Vice President Exploration

Cerrado Gold Inc. has announced the appointment of Mr. Alonso Lujan as Vice President Exploration, effective June 1, 2025. Lujan, bringing over 34 years of international mineral exploration experience, joined Cerrado as a consultant earlier this year. His tenure at Sierra Metals saw significant resource expansion, notably 25 million ounces of silver and 300 million pounds of copper.

Lujan successfully reduced costs and boosted production while serving as General Manager for Sierra's Mexican operations. At Matsa-Trafigura, he achieved the discovery of 50 million tonnes of new resources and doubled production, enhancing the operation's value to US$1.6 billion. His work in the Deseado Massif and the Iberian Pyrite Belt broadens Cerrado's exploration capabilities.

Executive Chairman Mark Brennan expressed confidence in Lujan's ability to add resources at the Minera Don Nicolas project, targeting extended mine life, and enhance outputs at the Lagoa Salgada project in Portugal.