Mark Brennan,  Founder, CEO, and Director of Cerrado Gold Inc (TSX.V: CERT) (OTCQX: CRDOF), joins me to review the sale of the Monte Do Carmo asset to Hochschild Mining in March of this year for $60Million US,  a production and exploration update at Minera Don Nicolas in Argentina, and the optionality the company has in the value in the Mont Sorcier Iron-Vanadium project in Quebec.

We start off digging into the market conditions in Argentina the end of last year and into early this year, which squeezed the company financially and resulted in the sale of the Monte Do Carmo asset to Hochschild Mining PLC (LSE: HOC) (OTCQX: HCHDF).  Mark outlines that this asset sale is going to be bringing in a significant about of cash into the company this year, in addition to more staggered cash payments the next 2 years.  This puts the company in a unique position to be able to deploy this cash into the exploration and expansion of their Minera Don Nicolas producing gold project in Argentina, as well as more derisking and an updated economic study at the Mont Sorcier Iron-Vanadium.   He points out the value of having all that cash may provide optionality to partnering on other projects as well, and potential value drivers.

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