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 [...]
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 [...]