- Business
- Cerro Grande Mining Corporation (CEG.CN) engages in the acquisition, exploration, and development of mineral properties primarily focused on gold, silver, and copper deposits. The company offers exploration services, including geological mapping, drilling programs, and resource estimation; it also provides development services such as feasibility studies, permitting assistance, and mine planning for junior mining projects. Cerro Grande operates in North America, with key projects in Mexico and Canada, and maintains headquarters in Vancouver, British Columbia, Canada, founded in 2021.
Its core portfolio includes the Cerro Grande gold-silver project in Chihuahua, Mexico, featuring oxide gold resources amenable to heap leach processing; the La Jara silver-gold project in Durango, Mexico, targeting high-grade vein systems; and the Kodie copper-gold project in British Columbia, Canada, with porphyry-style mineralization. The company targets junior miners and institutional investors seeking exposure to precious and base metals exploration in stable jurisdictions. Subsidiaries include Cerro Grande Mexico S.A. de C.V. for regional operations, with no parent company affiliation.
In the last two years, Cerro Grande completed a C$5 million private placement financing in Q3 2025 to fund expanded drilling at Cerro Grande and La Jara projects; formed a strategic alliance with a major Mexican drilling contractor in early 2025 for cost-efficient exploration campaigns; and launched initial resource updates for the Kodie project following 2024 geophysical surveys. The company shifted strategically toward heap-leachable oxide gold targets to accelerate path-to-production timelines. These changes position Cerro Grande for potential production decisions by late 2026.