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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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