Cerrado Gold Inc.: Cerrado Gold Intersects 105 Metres Grading 3.5 Grams Gold per Tonne and Includes 27 Metres at 10.9 Grams and 1 Metre of 218 Grams at Its Monte Do Carmo Project in Brazil Toronto, Ontario--(Newsfile Corp. - December 16, 2020) - Cerrado Gold Inc. ("Cerrado" or the "Company") is very pleased to announce initial drill results from its ongoing 17,000-metre definition drilling program at the Serra Alta deposit, at its Monte do Carmo ("MDC") Project located in Tocantins State, Brazil. The initial drill results highlighted in this release are from the first drill hole, FSA-94, with more results to be announced as assays are made available over the next few months.