Cerrado Gold Inc. announce the appointment of Mr. Alonso Lujan to the position of Vice President Exploration effective June 1, 2025. Mr. Lujan has over 34 years of international experience in mineral exploration with a proven track record for discovery, resource and production expansion. After joining Cerrado as a consultant in February 2025, Mr. Lujan has now been appointed Vice President of Exploration.
Most recently Mr. Lujan spent eight years with Sierra Metals ("Sierra") as Vice President Exploration where he led the significant expansion of the mineral resources across their mines by 25 million ounces of silver and 300 million pounds of copper. As the General Manager for Sierra's Mexican operations, he successfully expanded production and lowered the All-In-Sustaining-Cost (AISC). Prior to Sierra, he spent six years with Matsa-Trafigura as the General Manager where he led the discovery of 50 million tonnes of additional mineral resources in less than two years, and doubled production from 2.2 to 4.6 million tonnes per year, which led to the growth in value of the operation from USD 300 million to USD 1.6 billion.
Prior to that, he worked with Hochschild Mining and Minas de Bacis SA de CV, in the Deseado Massiff, where his exploration and operational expertise led to increased production.