Cerro Grande Mining, trading as CEGMF on the OTC Markets, is a mineral exploration company dedicated to identifying, acquiring and advancing precious metal properties in Mexico. With a focus on silver and gold, the company employs modern geological, geochemical and geophysical techniques to delineate prospective high-grade targets. Cerro Grande’s activities encompass project generation, resource definition and the preliminary evaluation of metallurgical and environmental parameters ahead of potential development.
The company’s flagship asset is the Corral del Risco silver project, situated in the prolific Fresnillo-Ojo Laguna district of Durango state, Mexico. This high-grade epithermal vein system has demonstrated multiple silver-bearing shoots, complemented by base metal mineralization, and represents the core of the company’s near-term exploration efforts. In addition, Cerro Grande holds interests in several complementary properties, including the Santa Cruz silver project and the La Entrada gold-silver prospect, providing a diverse portfolio across key Mexican mining jurisdictions.
Originally established as Magellan Gold in 2007, the company rebranded to Cerro Grande Mining in 2020 to better reflect its strategic emphasis on silver exploration. Over the past decade, Cerro Grande has built a strong local presence in Mexico, engaging with community stakeholders, provincial authorities and technical service providers to ensure sustainable and socially responsible exploration. The company’s workflow integrates environmental and social governance principles, with a commitment to modern safety and stewardship standards at all field sites.
Led by President and CEO David A. Cole, who brings more than 25 years of experience in mineral exploration, corporate finance and project management, Cerro Grande Mining maintains a seasoned leadership team and board of directors. The technical group comprises geologists and engineers with extensive regional expertise, supported by a network of local operating partners. Together, they aim to advance Cerro Grande’s asset base toward resource development and create value for shareholders through disciplined exploration and strategic asset management.
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