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Cabral Gold Inc. (TSXV: CBR) (OTC Pink: CBGZF) is a junior resource company focused on gold properties in Brazil. The Cuiú Cuiú gold district contains two main gold deposits with significant resources. Recent RC drilling at Central and MG gold deposits aims to upgrade and expand oxide resources. The ongoing prefeasibility study on weathered gold-in-oxide material shows promising results. Outstanding capex estimates are awaited, confirming higher grades in near-surface blanket and saprolite oxide material. Metallurgical testing indicates comparable gold recoveries with previous tests. Geotechnical drilling is in progress, with a focus on resource upgrades and design optimization. The PFS results are expected in mid-Q3 2024, with further drilling to explore additional zones for potential resource additions.
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Cabral Gold Inc. announces positive assay results from 12 RC holes testing near-surface oxide material at the Machichie Main Zone in Brazil. The results confirm the presence of a significant zone of near-surface gold-in-oxide mineralization at Machichie, which could positively impact the current plans for trial-mining oxide material in that area. The proximity of Machichie to the MG gold deposit has significant positive implications for the overall near-surface gold-in-oxide resources at Cuiú Cuiú.
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Cabral Gold Inc. announces drill results from the Machichie gold discovery in Brazil, indicating near-surface oxide material with significant gold-in-oxide mineralization. The initial results from RC drilling suggest the presence of additional gold-in-oxide mineralization within close proximity to the existing MG gold deposit, with potential implications for trial mining and heap-leach processing of the near-surface gold-in-oxide resources at Cuiú Cuiú.
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Cabral Gold Inc. (TSXV: CBR) (OTC Pink: CBGZF) announced drill results from the Central gold deposit located in the Cuiú Cuiú gold district in Brazil. Notable results include RC368 returning 10m @ 10.5 g/t gold from 67m in fresh rock, and RC384 returning 23m @ 0.9 g/t gold from 4m in saprolite.
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Cabral Gold Inc. (TSXV: CBR) (OTC Pink: CBGZF) announces positive drill results from the Central gold deposit in Brazil. Notable intercepts include 28m @ 1.2 g/t gold, 35m @ 0.8 g/t gold, and 30m @ 0.6 g/t gold, demonstrating the presence of higher-grade material near the surface. The ongoing drill program aims to expand and delimit the near-surface saprolite and blanket material, contributing to the resource model optimization.
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Cabral Gold Inc. (TSXV: CBR) (OTC Pink: CBGZF) has established a technical advisory committee to review and make recommendations in respect of the technical activities of the Company, including those relating to the ongoing pre-feasibility study for trial mining of oxide gold deposits within the Company's Cuiú Cuiú gold district in northern Brazil. The Technical Committee is comprised of independent directors, Jon Gilligan and Ian Gendall, independent consultant, Mark E. Smith, and Cabral's executive chairman, P. Mark Smith.
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Cabral Gold Inc. (TSXV: CBR) (OTC Pink: CBGZF) announces positive drill results from 12 RC holes at the MG gold deposit in the Cuiu Cuiu gold district in Brazil. Highlights include 20m @ 1.6 g/t gold from surface in the gold-in-oxide blanket and 15m @ 1.8 g/t gold from 5m depth in basement saprolite.
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Cabral Gold Inc. (CBR) is conducting a pre-feasibility study to exploit near-surface gold-in-oxide mineralization at the Cuiú Cuiú gold district in northern Brazil. The ongoing RC drilling program at Cuiú Cuiú continues to make excellent progress, with positive results indicating the potential for high-grade gold inventory closer to the surface. The company is also undertaking additional metallurgical test work and geotechnical drilling to better understand gold recoveries and ground conditions. Ausenco is leading the pre-feasibility study, with results expected in Q2 2024.
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Cabral Gold Inc. announces drill results from the Central gold deposit in northern Brazil, indicating significant high-grade mineralization near the surface. The ongoing drill program has completed 55 RC holes and nine power-auger holes to date. Debt settlement of $186,352 will be settled by issuing 1,620,446 common shares. The company also grants restricted share units and stock options to directors, officers, and employees.
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Cabral Gold announces drill results from ongoing program in Brazil
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Cabral Gold Inc. announces successful AGM and approval of Omnibus Plan
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FAQ
What is the current stock price of CABRAL GOLD (CBGZF)?
The current stock price of CABRAL GOLD (CBGZF) is $0.2195 as of September 6, 2024.
What is the market cap of CABRAL GOLD (CBGZF)?
The market cap of CABRAL GOLD (CBGZF) is approximately 46.8M.
What is Cabral Gold Inc. focused on?
Cabral Gold Inc. is a junior resource company with a primary focus on gold properties located in Brazil.
What results have been obtained from recent RC drilling at Central and MG gold deposits?
The recent RC drilling aims to upgrade and expand oxide resources, demonstrating promising results with higher grades in near-surface blanket and saprolite oxide material.
What is the status of the ongoing prefeasibility study at Cabral Gold Inc.?
The prefeasibility study is making good progress, with Ausenco advising that it is 87% complete. The study focuses on the economic viability of mining and heap-leach processing of the gold-in-oxide weathered material at the Central and MG gold deposits.
What do the metallurgical test results indicate?
Metallurgical testing reveals comparable gold recoveries with previous tests, suggesting promising outcomes for the processing of oxide ore from the MG and Central gold deposits.
What is Cabral Gold Inc.'s strategy for further resource exploration and design optimization?
Cabral Gold Inc. is conducting geotechnical drilling to facilitate resource upgrades and design optimization as part of the ongoing prefeasibility study. Further drilling is planned to explore additional zones for potential resource additions.
When can we expect the results of the prefeasibility study?
The results of the prefeasibility study are expected to be released during mid-Q3 2024, providing insights into the economic viability and potential enhancements of the oxide material at the Central and MG gold deposits.
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