Cabral Gold Inc. is pleased to announce results from eleven additional reverse circulation drill holes and two trenches at the Machichie Main gold deposit within the Cuiú Cuiú Gold District, Brazil. Highlights Drill hole RC0515 returned 10m @ 2.2 g/t gold from surface and 3m @ 15.9 g/t gold from 16m depth within weathered gold-in-oxide material . The hole also intersected 11m @ 0.9 g/t gold in fresh rock from 31m depth [...]
Cabral Gold Inc. is pleased to announce assay results from 2 surface trenches and 8 reverse circulation drill holes at the Machichie Main gold deposit within the Cuiú Cuiú Gold District, Brazil. Highlights Surface trench CT051 at the Machichie Main gold deposit at Cuiú Cuiú returned 20m @ 3.6 g/t gold including 4m @ 15.7 g/t gold in gold-in-oxide material at surface. The mineralized interval within the trench is open to [...]
Cabral Gold Inc. is pleased to provide a summary of recent progress at the Cuiú Cuiú gold district in northern Brazil. Highlights Two drill rigs are currently operating at Cuiú Cuiú. One of these rigs is working on upgrading gold-in-oxide Inferred resources to Indicated status at the Machichie Main target which was not considered in the PFS announced in October 2024, but is likely to form part of an updated mining plan [...]
Cabral Gold Inc. is pleased to provide a summary of the progress achieved during 2024 at the Cuiú Cuiú gold district in northern Brazil, and an outline of its plans for 2025. Progress during 2024 The Company made significant progress during 2024 which can be summarized as follows: Machichie NE discovery. A new high-grade gold discovery was made at the Machichie NE target at Cuiú Cuiú, which is located just 150m NE of the [...]
Cabral Gold Inc. is pleased to announce the closing of the final tranche of its previously announced non-brokered private placement . Pursuant to the Private Placement, the Company has issued a total of 8,750,165 units at a price of $0.24 per unit for aggregate gross proceeds of $2,100,039.60. The closing of the final tranche of the Private Placement, consisted of 2,397,000 Units for gross proceeds of $575,280. Please see [...]
Cabral Gold Inc. is pleased to announce that it has filed a National Instrument 43-101 technical report led by Ausenco do Brasil Engenharia Ltda. for the Prefeasibility Study on the Gold-in-Oxide Starter Operation at the Cuiú Cuiú Gold Project in the Pará State, North-Central Brazil. The Report can be found under the Company's profile on SEDAR at www.sedar.com and on the Company's website. The results of the [...]
Cabral Gold Inc. is pleased to announce the closing of the first tranche of its previously announced non-brokered private placement consisting of a total of 6,353,165 units at a price of $0.24 per unit for gross proceeds of $1,524,759.60. Each Unit consists of one common share in the capital of the Company and half of one common share purchase warrant . Each Warrant is exercisable for two years from the date of issuance [...]
Cabral Gold Inc. announces amended pricing of its non-brokered private placement of units previously announced on October 30, 2024. Pursuant to the amended pricing, the Company proposes to issue up to 12,500,000 Units at a price of $0.24 per Unit, for gross proceeds of up to $3,000,000 . Each Unit will consist of one common share in the capital of the Company and one-half of one common share purchase warrant . Each [...]
Cabral Gold Inc. is pleased to announce trench results from the Jerimum Cima target and the identification of a fifth gold-in-oxide blanket within the Cuiú Cuiú Gold District, Brazil. Highlights Surface trench CT050 at the Jerimum Cima target at Cuiú Cuiú returned 18m @ 1.9 g/t gold including 1m @ 22.8 g/t gold in weathered gold-in-oxide blanket material at surface. The trench also returned results of 0.8m @ 47.6 g/t gold [...]
Cabral Gold Inc. is pleased to announce the terms of a non-brokered private placement of up to 10,000,000 units of the Company at a price of $0.30 per Unit for gross proceeds of up to $3,000,000 . Each Unit will consist of one common share in the capital of the Company and one-half of one common share purchase warrant . Each Warrant will entitle the holder to purchase one Common Share at an exercise price of $0.45 for two [...]
Cabral Gold Inc. is pleased to announce drill results from two additional diamond-drill holes at the Machichie NE target, and seventeen RC holes targeting the gold-in-oxide mineralization at the Central gold deposit, Cuiú Cuiú Gold District, Brazil. Highlights DDH331 at Machichie NE returned 1m @ 14.2 g/t gold from 44.5m depth and 5m @ 24.5 g/t gold from 82m depth in hard rock including 2m @ 60.5 g/t gold from 82m depth [...]
Cabral Gold Inc. is pleased to announce a positive Prefeasibility Study on the development of near-surface gold-in-oxide material at the Cuiú Cuiú gold district in Brazil. The PFS, which was led by Ausenco do Brasil Engenharia Ltda. confirms the Cuiú Cuiú gold-in-oxide starter project provides a high return and a low capital entry point to mine gold at the prospective Cuiú Cuiú District. Highlights Base Case after-tax IRR [...]