Cabral Gold Inc. is pleased to announce the commencement of a follow-up program of diamond drilling at the Cuiú Cuiú Project, Pará State, Brazil. The Phase II program is designed to extend and confirm continuity of high-grade mineralized intercepts along strike and down-dip at the recently discovered Machichie zone , as well as the existing Central and MG deposits . Initial drilling at the Machichie [...]
Cabral Gold Inc. is pleased to provide an update regarding the ongoing exploration program at Cuiú Cuiú Project, Pará State, Brazil and plans for further diamond drilling. Highlights Soil sampling is currently in progress over the Cilmar target area aimed at identifying the source of gold in extensive alluvial workings, including numerous coarse angular gold nuggets. 934 soil samples have been [...]
Cabral Gold Inc. is pleased to announce that it has closed its previously announced non-brokered private placement financing through the issuance of 22,796,832 units at a price of $0.15 per Unit for gross proceeds of $3,419,524.80. Each Unit is comprised of one common share of the Company and one common share purchase warrant. Each common share purchase warrant entitles the holder to acquire one common share at a purchase [...]
Cabral Gold Inc. has increased the size of its previously announced private placement from $3 million to up to $3.42 million due to increased demand. Pursuant to the offering, the Company may now issue 22.8 million units at a price of $0.15 per unit. Each unit will be comprised of a common share of the Company and one share purchase warrant. Each warrant will entitle the holder to purchase one common share at a purchase [...]
Cabral Gold Inc. announces that further to its news release dated May 22, 2019, the Company is proceeding with its non-brokered private placement of up to 20,000,000 units at a price of $0.15 per Unit for gross proceeds of up to $3,000,000 . Each Unit will be comprised of a common share of the Company and one share purchase warrant. Each share purchase warrant will entitle the holder to purchase one common share at a [...]
Cabral Gold Inc. is pleased to announce the terms of a non-brokered private placement of up to 20,000,000 units at a price of $0.15 per Unit for gross proceeds of up to $3,000,000 . Each Unit will be comprised of a common share of the Company and one share purchase warrant. Each share purchase warrant will entitle the holder to purchase one common share at a purchase price of $0.20 for a period of 12 months following the [...]
Cabral Gold Inc. is pleased to provide additional results from the 2019 drilling program at the Cuiú Cuiú Project, Pará State, Brazil. Highlights A single hole 194-19 drilled at the previously untested Morro da Lua target, returned 2.8m @ 19.5 g/t gold from 42.2 - 45.0m including 0.7m @ 70.3 g/t gold In addition, hole 194-19 cut 0.5m @ 9.1g/t gold from 99.9m and 0.6m @ 14.8g/t gold from 130.9m [...]
Cabral Gold Inc. is pleased to announce the results of additional surface sampling at the Machichie target at the Cuiú Cuiú Project, Pará State, northern Brazil. These results follow recent drill results from the nearby Machichie target which included 3.4m @ 36.9 g/t gold and 2.1m @ 15.3 g/t gold. Highlights Channel sampling on surface at the recently discovered Machichie zone returned 9.5m @ 5.3 g/t [...]
Cabral Gold Inc. is pleased to provide an update on the 2019 drilling program and a review of the historic drill data at its MG and Central deposits at the Cuiú Cuiú Project, Pará State, Brazil. Highlights Of the 9 high grade targets at Cuiú Cuiú selected for drilling beginning in January of this year, results have been previously released from the Machichie and Machichie East targets [...]
Cabral Gold Inc. is pleased to announce drill results from the Machichie East target at the Cuiú Cuiú Project, Pará State, northern Brazil. These results follow recent initial results from the nearby Machichie target, which like Machichie East, was never previously drill tested. The Machichie East Phase I reconnaissance diamond-drill program is part of a larger 20-hole reconnaissance program designed [...]
Cabral Gold Inc. commenced its inaugural diamond drill program this January, and is very pleased to announce the discovery of a new high-grade gold system following the initial six reconnaissance diamond drill holes at the Machichie target at the Cuiú Cuiú Project, Pará State, northern Brazil. The Machichie target has never been previously drill tested. This Machichie Phase I reconnaissance [...]
Cabral Gold Inc. is pleased to announce an update of its initial drilling program, as well as assay results from rock chip and auger drilling sampling of the Quebra Bunda target at the Cuiú Cuiú Project, located in the state of Pará, in northern Brazil. Highlights Six diamond drill holes for a total of 549m have now been completed at four different locations at Machichie, the first drill target [...]
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