Cabral Gold Inc. is pleased to announce that it has received the second and final US$2.5 million tranche relating to the royalty agreement with Osisko Gold Royalties Ltd. announced on July 12, 2023 pursuant to which Osisko agreed to purchase a 1% net smelter return royalty on the Cuiú Cuiú gold project for a total cash consideration of US$5 million. Cuiú Cuiú Project Cuiú Cuiú is an advanced gold exploration and [...]
Cabral Gold Inc. is pleased to announce that it has entered into a royalty agreement with Osisko Gold Royalties Ltd. pursuant to which Osisko has agreed to purchase a 1% net smelter return royalty on the Cuiú Cuiú gold project for a total cash consideration of US$5 million. Highlights Osisko has agreed to purchase a 1% NSR royalty on the Cuiú Cuiú gold project for a cash consideration of US$5 million . The consideration [...]
VANCOUVER, BC, July 6, 2023 /CNW/ - The following issues have been halted by CIRO Company: Cabral Gold Inc. TSX-Venture Symbol: CBR.WT All Issues: No Reason: Pending Delisting Halt Time : 12:00 PM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory [...]
Cabral Gold Inc. is pleased to announce that its Brazilian subsidiary has engaged Testwork do Brasil to commence metallurgical tests on near-surface gold-in-oxide saprolitic material from the Cuiú Cuiú project in northern Brazil. Additional samples of near-surface oxide blanket and saprolite mineralization from the MG and Central gold deposits have been shipped to Testwork for further heap-leach testing, as well as [...]
Cabral Gold Inc. is pleased to announce that its Brazilian subsidiary has engaged Ausenco do Brasil Engenharia Ltda. to commence work on a Pre-Feasibility study on trial mining and heap leach processing of the near-surface gold-in-oxide saprolitic material at the Cuiú Cuiú project in northern Brazil. Following the completion of several months of internal scoping work by Cabral on the possibility of developing a trial [...]
Cabral Gold Inc. is pleased to announce the closing of its previously announced non-brokered private placement . The Private Placement was oversubscribed by $790,000 for gross proceeds of $2,790,000. As a result, the Company issued a total of 27,900,000 units at a price of $0.10 per unit. Each Unit consists of one common share in the capital of the Company and one common share purchase warrant . Each Warrant is [...]
Cabral Gold Inc. is pleased to announce the terms of a non-brokered private placement of up to 20,000,000 units of the Company at a price of $0.10 per Unit for gross proceeds of up to $2,000,000 . Each Unit will consist of one common share in the capital of the Company and one common share purchase warrant . Each Warrant will entitle the holder to purchase one Common Share at an exercise price of $0.20 for two years [...]
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 6,200,000 units at a price of $0.20 per unit for gross proceeds of $1,240,000. Each Unit consists of one common share in the capital of the Company and one common share purchase warrant . Each Warrant is exercisable for two years following the first closing of the [...]
Cabral Gold Inc. is pleased to announce the appointment of Sami Arap Sobrinho to Cabral's Board of Directors with immediate effect. Sami Arap Sobrinho is the founding member and senior partner of Arap, Nishi & Uyeda Advogados, a boutique law firm based in São Paulo, with expertise in mining, infrastructure project development and finance, foreign investments, corporate and M&A, tax planning and real estate properties [...]
Cabral Gold Inc. is pleased to provide assay results from eight diamond-drill holes testing the Machichie Main zone within the Cuiú Cuiú gold district. The discoveries at the Machichie Complex were not included in the recent mineral resource estimate . Highlights are as follows: DDH310 returned the following intervals in fresh altered intrusive basement; 10.3m @ 3.0 g/t gold from 63.5m including 1.0m @ 27.6 g/t gold 5.3m [...]
Cabral Gold Inc. is pleased to announce that it has filed a National Instrument 43-101 technical report of the Mineral Resource Update at the Cuiú Cuiú 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 Mineral Resource Update were originally presented in a news release dated September 30, 2022 [...]
Cabral Gold Inc. is pleased to announce an updated Mineral Resource Estimate for the Cuiú Cuiú project, Para State, Brazil. Highlights: Total Indicated Resources are 21.6 M tonnes grading 0.87 g/t gold , while total Inferred Resources are 19.8 M tonnes grading 0.84 g/t gold . All Indicated Resources and 84% of the Inferred Resource are contained within the MG and Central/CN deposits. Indicated Resources increased by 433 K [...]