Cabral Gold Inc. is pleased to provide assay results from eleven diamond-drill holes recently completed at the MG gold deposit within the Cuiú Cuiú gold district in northern Brazil. Highlights are as follows: DDH298 intersected 46.3m @ 2.2 g/t gold within unweathered primary basement mineralization from 103.2m, including 1.0m @ 82.4 g/t gold from 120.0m DDH295 intersected 87.2m @ 1.3 g/t gold from 99.8m within primary [...]
Cabral Gold Inc. is pleased to provide assay results from five diamond-drill holes testing the Machichie Main zone discovery within the Cuiú Cuiú gold district. Highlights are as follows: DDH303 returned the following intervals in primary intrusive basement rocks; 6.4m @ 11.6 g/t gold from 123.6m including 1.1m @ 60.0 g/t gold 3.8m @ 1.3 g/t gold from 81.9m 1.9m @ 2.2 g/t gold, from 76.8m DDH279 returned the following [...]
Cabral Gold Inc. is pleased to provide assay results from twenty-one RC holes drilled in the recently identified gold-in-oxide blanket of the PDM target within the Cuiú Cuiú Gold District, northern Brazil. Highlights are as follows: RC0324 returned the following mineralized intervals: 11.0m @ 3.1 g/t gold from surface in oxidized and weathered material, including 3.0m @ 10.5 g/t gold from 5.0m RC0327 returned the [...]
Cabral Gold Inc. is pleased to provide assay results from eleven new trenches excavated along strike and immediately west of the previously drilled Machichie Main zone within the Cuiú Cuiú gold district. Highlights are as follows: Trench CT0049 returned 96.5m @ 0.6 g/t gold including; 7.7m @ 5.8 g/t gold, including 0.5m @ 77.3 g/t gold 1.1m @ 5.4 g/t gold, including 0.5m @ 11.6 g/t gold Trench CT0045 returned 138m @ 0.5 [...]
Cabral Gold Inc. is pleased to provide assay results from nine additional RC holes drilled to test the recently identified gold-in-oxide blanket at the PDM target within the Cuiú Cuiú Gold District, northern Brazil. Highlights are as follows: RC310 returned the following mineralized intervals: 13.0m @ 0.3 g/t gold from surface in oxidized and weathered material 13.0m @ 4.6 g/t gold from 25.0m in oxide material, including [...]
Cabral Gold Inc. is pleased to provide assay results from ten diamond-drill holes in the southern part of the Central gold deposit within the Cuiú Cuiú Gold District, northern Brazil. Highlights are as follows: DDH306 drilled on Section N20895 returned the following mineralized intervals: 20.9m @ 4.2 g/t gold from 23.1m in oxidized and weathered material, including 2.0m @ 32.3 g/t gold from 35.0m and 3.0m @ 4.8 g/t gold [...]
Cabral Gold Inc. is pleased to provide an update on the permitting process at its wholly-owned Cuiú Cuiú gold district in northern Brazil. Highlights are as follows: Both Preliminary and Installation permits have been granted by the Para State Environmental Agency for two Trial Mining Licenses previously approved by the Brazilian Mining Agency . The LP and LI permits cover the key MG and Central deposits, as well as the [...]
Cabral Gold Inc. is pleased to announce the closing of its previously announced brokered private placement, consisting of a total of 10,038,358 units of the Company , at a price of $0.30 per Unit for aggregate gross proceeds to the Company of approximately $3,011,507.40 . The Offering was led by Paradigm Capital Inc. as lead agent and sole bookrunner on behalf of a syndicate of agents including Cormark Securities Inc [...]
Cabral Gold Inc. is pleased to provide results from column-leach test work on unconsolidated gold-bearing oxide material from the MG target within the Cuiú Cuiú gold district in northern Brazil. Highlights are as follows: Column-leach test work indicates heap-leach processing is viable at Cuiú Cuiú, which should result in lower initial capital and operating costs Gold recoveries based on the calculated gold content of the [...]
Cabral Gold Inc. is pleased to announce that it has entered into an agreement with Paradigm Capital Inc. to act as lead agent and sole book runner in connection with a proposed "best efforts" private placement of up to 10,000,000 units of the Company at a price of $0.30 per Unit for total proceeds of up to $3,000,000 . Each Unit will consist of one common share in the capital of the Company and one common share purchase [...]
Cabral Gold Inc. is pleased to announce that it has entered into an agreement with Paradigm Capital Inc. on behalf of a syndicate of investment dealers including Cormark Securities Inc., Research Capital Corporation, and Roth Canada Inc. pursuant to which the Agents have agreed to offer for sale on a "best efforts" marketed basis, an aggregate of up to 16,130,000 units from the treasury of the Company, at a price of $0.31 [...]
Cabral Gold Inc. is pleased to provide assay results from three diamond-drill holes on two sections in the southern part of the primary Central gold deposit within the Cuiú Cuiú Gold District, northern Brazil. Highlights are as follows: DDH268 tested the emerging high-grade zone at Central on section N20870 and returned the following mineralized intervals: 9.6m @ 16.4 g/t gold from 164.3m including 1.2m @ 112.0 g/t gold [...]