Cabral Gold Inc. is pleased to announce the appointment of Vinícius Resende Domingues to Cabral's Board of Directors with immediate effect. Vinicius Domingues currently serves as the General Manager of Regulatory Affairs at Vale S.A., Brazil's largest mining company, which employs over 64,000 people across 30 countries. He is also a Board member of IBRAM and an Honorary Lecturer at University College London. Vinicius [...]
Cabral Gold Inc. is pleased to announce the results of an updated Prefeasibility Study on the development of near-surface gold-in-oxide material at the Cuiú Cuiú gold district in Brazil. The Updated PFS, led by Ausenco do Brasil Engenharia Ltda. , resulted in significant improvements to the amount of gold produced, mine life, Net Present Value and Internal Rate of Return These results confirm the Cuiú Cuiú gold-in-oxide [...]
Cabral Gold Inc. is pleased to announce that its common shares have commenced trading on the OTCQB marketplace under the symbol "CBGZF". The Company's common shares will continue to trade on the TSX Venture Exchange under the symbol CBR. The Company expects that the listing on the OTCQB will provide greater visibility and convenience of trading for US investors, resulting in enhanced liquidity and greater reach. "The [...]
Cabral Gold Inc. is pleased to provide metallurgical tests results as well as an update on exploration, and the updated PFS, at the Cuiú Cuiú gold district, Brazil. Highlights are as follows: Results have been received on four samples from the Machichie gold-in-oxide zone with gold recoveries ranging from 88 to 96% following up to 35 days of column leaching. These are comparable with previous results from the Central and [...]
Cabral Gold Inc. is pleased to announce drill results from 11 RC drill holes and one trench recently completed at the Jerimum Cima target within the district-scale Cuiú Cuiú gold project. Highlights Drill hole RC0561 Intersected 49m @ 2.0 g/t gold from 7m depth in saprolite Including 1m @ 8.1 g/t gold from 7m depth, 1m @ 57.0 g/t gold from 21m depth and 1m @ 7.1 g/t gold from 35m depth Multiple zones of lower grade gold [...]
Cabral Gold Inc. is pleased to announce that it has appointed Mr. Luiz Celaro as Construction Manager for the Cuiú Cuiú heap leach starter project, effective immediately. Alan Carter, Cabral's President and CEO, commented, "We are very pleased that Luiz has elected to join our team. He brings a wealth of valuable expertise and experience in terms of building and operating both large and small mining projects in Brazil [...]
Cabral Gold Inc. is pleased to announce results from eleven additional reverse circulation drill holes at the Machichie Main gold deposit within the Cuiú Cuiú Gold District, Brazil. Highlights Drill hole RC0499A returned 2m @ 52.3 g/t gold from 41m depth within highly altered intrusive rock in the western part of Machichie Main gold deposit. This is a previously unrecognized zone of high-grade gold mineralization Drill [...]
Cabral Gold Corp. is pleased to announce that the Company has closed its previously announced "best efforts" public offering of units . Pursuant to the Offering, the Company issued 39,291,146 units at a price of C$0.38 per Unit for gross proceeds of C$14,930,635, which included 5,079,146 Units issued pursuant to the exercise of the Agent's over-allotment option. Paradigm Capital Inc. acted as sole agent in the Offering [...]
Cabral Gold Corp. is pleased to announce that the Company has entered into an amending agreement with Paradigm Capital Inc. as sole agent to increase the size of its previously announced "best efforts" financing, pursuant to which the Agent may now arrange for the sale of up to 34,212,000 units of the Company at a price of C$0.38 per Unit for gross proceeds of up to C$13,000,560 . Each Unit will be comprised of one common [...]
Cabral Gold Inc. is pleased to announce that it has entered into an agreement with Paradigm Capital Inc. as sole agent , in connection with a proposed best efforts financing for total proceeds of up to $10 million, consisting of up to 26,316,000 units of the Company at a price of $0.38 per Unit. Each Unit will be comprised of one common share in the capital of the Company and one-half of one common share purchase warrant [...]
Cabral Gold Inc. is pleased to announce that it has filed and obtained a receipt for a final short form base shelf prospectus with the securities commissions in each of the provinces and territories of Canada, excluding Quebec. The Final Prospectus allows the Company to qualify the distribution of up to C$100,000,000 of common shares, warrants, subscription receipts, units, debt securities, or any combination thereof [...]
Cabral Gold Inc. is pleased to announce drill results from seven additional RC drill holes at the Machichie NE target, Cuiú Cuiú Gold District, Brazil. Highlights RC520 drilled at the Machichie NE target returned 12m @ 27.7 g/t gold from 42m depth in saprolite and weathered and altered bedrock including 5m @ 65.5 g/t gold from 49m depth. This interval is contained within a wider mineralized zone which averages 22m @ 15.9 [...]