Cabral Gold Inc. is pleased to announce drill results from five RC holes drilled at the Machichie Main and Machichie NE targets, Cuiú Cuiú Gold District, Brazil. Highlights RC421 drilled at the Machichie NE target returned 11m @ 33.0 g/t gold from 50m depth in saprolite and weathered and altered bedrock including 4m @ 89.3 g/t gold from 52m depth. RC420 drilled at the Machichie Main zone returned 25m @ 2.9 g/t gold from [...]
Cabral Gold Inc. is pleased to provide an update of the ongoing trial-mining prefeasibility study regarding the potential exploitation of near-surface gold-in-oxide mineralization at both the Central and MG gold deposits within the Cuiú Cuiú gold district in northern Brazil. Highlights The ongoing PFS study being conducted by Ausenco do Brasil Engenharia Ltda is now 87% complete. An initial estimate of capital [...]
Cabral Gold Inc. is pleased to announce that it has extended its RC drilling program at the Cuiú Cuiú gold district, located in Para state in northern Brazil. This follows a successful recent round of drilling designed to both upgrade and increase the grade of mineralization within the near-surface blanket and saprolite oxidized material at both the Central and MG gold deposits. Highlights Cabral is planning a focused RC [...]
Cabral Gold Inc. is pleased to announce the final closing of its previously announced non-brokered private placement . The Private Placement was oversubscribed and the Company has issued a total of 14,126,250 units at a price of $0.16 per unit for gross proceeds of $2,260,200 pursuant to the Private Placement. The closing of the final tranche of the Private Placement, consisted of 2,457,500 Units for gross proceeds of [...]
Cabral Gold Inc. is pleased to announce the closing of the first tranche of its previously announced non-brokered private placement . The Private Placement was oversubscribed and the Company currently anticipates issuing a total of 14,126,250 units at a price of $0.16 per unit for gross proceeds of $2,260,200 pursuant to the Private Placement. The first tranche closing will consist of a total of 11,688,750 Units for gross [...]
Cabral Gold Inc. is pleased to announce the terms of a non-brokered private placement of up to 12,500,000 units of the Company at a price of $0.16 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-half of one common share purchase warrant . Each Warrant will entitle the holder to purchase one Common Share at an exercise price of $0.24 for two [...]
Cabral Gold Inc. is pleased to announce that it has appointed Mr. Brian Arkell as Vice President Exploration and Technical Services, effective immediately. Alan Carter, Cabral's President and CEO commented, "We are both excited and fortunate to have Brian join our team. We believe his extensive experience with gold exploration and, in particular, mine development and operations, will be invaluable as we advance the [...]
Cabral Gold Inc. is pleased to announce assay results from an additional 13 RC holes testing near-surface oxide material at the Central gold deposit, and nine shallow auger holes from the MG gold deposit, Cuiú Cuiú gold district in northern Brazil. These holes are part of a drill program designed to expand and upgrade the oxide resources at both the Central and MG gold deposits. Highlights RC390 returned 23m @ 1.0 g/t [...]
Cabral Gold Inc. is pleased to announce assay results from an additional 12 RC holes testing near-surface oxide material at the Machichie Main Zone, Cuiú Cuiú gold district in northern Brazil. These holes are part of a drill program designed to better define and quantify the saprolite and blanket gold-in-oxide mineralization at the Machichie target, which is located just 500m northwest of the MG gold deposit and could [...]
Cabral Gold Inc. is pleased to announce drill results from an initial nine RC holes testing the near-surface oxide material at the Machichie gold discovery, Cuiú Cuiú gold district in northern Brazil. These holes are part of a drill program to better define the gold-in-oxide mineralization at the Machichie target, which is located 500m northwest of the MG gold deposit, and could have an impact on the current plans for [...]
Cabral Gold Inc. is pleased to announce drill results from a further eight RC holes from the Central gold deposit located within the Cuiú Cuiú gold district in northern Brazil. Highlights RC368 returned 10m @ 10.5 g/t gold from 67m in fresh rock, including 1m @ 63.6 g/t gold and 1m @ 28.3 g/t gold. The hole ended in mineralized material grading 1 g/t gold. RC384 returned 23m @ 0.9 g/t gold from 4m in saprolite. RC385 [...]
Cabral Gold Inc. is pleased to announce drill results from an additional ten RC holes from the Central gold deposit that are part of the ongoing drill program currently being conducted at both the Central and MG gold deposits within the Cuiú Cuiú gold district in northern Brazil. Highlights Notable drill intercepts from the ten RC holes delineating the Central gold-in oxide blanket and basement saprolite include RC365 [...]
