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CABRAL GOLD INC - $CBGZF STOCK NEWS

Welcome to our dedicated page for CABRAL GOLD news (Ticker: $CBGZF), a resource for investors and traders seeking the latest updates and insights on CABRAL GOLD stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect CABRAL GOLD's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of CABRAL GOLD's position in the market.

Rhea-AI Summary
Cabral Gold Inc. announces a non-brokered private placement offering up to 12,500,000 units at $0.16 per unit, aiming to raise $2,000,000 for general corporate purposes and prefeasibility study. The units consist of common shares and warrants, with finder's fees of up to 6.0% of gross proceeds. The securities will be subject to a four-month hold period, pending regulatory approvals.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.99%
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Rhea-AI Summary
Cabral Gold Inc. appoints Brian Arkell as Vice President Exploration and Technical Services, aiming to transition from a junior exploration company to a junior gold producer. Arkell's extensive experience in gold exploration and mine development, including key roles in major projects globally, strengthens Cabral's team and objectives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.36%
Tags
management
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Rhea-AI Summary
Cabral Gold Inc. announces positive assay results from RC and auger drilling at Central and MG gold deposits in Brazil, showcasing significant gold values well above cut-off grades in near-surface oxide material. The results indicate the presence of higher-grade gold mineralization in both deposits, supporting the expansion and upgrade of oxide resources.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.4%
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none
Rhea-AI Summary
Cabral Gold Inc. announces positive assay results from 12 RC holes testing near-surface oxide material at the Machichie Main Zone in Brazil. The results confirm the presence of a significant zone of near-surface gold-in-oxide mineralization at Machichie, which could positively impact the current plans for trial-mining oxide material in that area. The proximity of Machichie to the MG gold deposit has significant positive implications for the overall near-surface gold-in-oxide resources at Cuiú Cuiú.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.66%
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Rhea-AI Summary
Cabral Gold Inc. announces drill results from the Machichie gold discovery in Brazil, indicating near-surface oxide material with significant gold-in-oxide mineralization. The initial results from RC drilling suggest the presence of additional gold-in-oxide mineralization within close proximity to the existing MG gold deposit, with potential implications for trial mining and heap-leach processing of the near-surface gold-in-oxide resources at Cuiú Cuiú.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.7%
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none
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Rhea-AI Summary
Cabral Gold Inc. (TSXV: CBR) (OTC Pink: CBGZF) announced drill results from the Central gold deposit located in the Cuiú Cuiú gold district in Brazil. Notable results include RC368 returning 10m @ 10.5 g/t gold from 67m in fresh rock, and RC384 returning 23m @ 0.9 g/t gold from 4m in saprolite.
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Rhea-AI Summary
Cabral Gold Inc. (TSXV: CBR) (OTC Pink: CBGZF) announces positive drill results from the Central gold deposit in Brazil. Notable intercepts include 28m @ 1.2 g/t gold, 35m @ 0.8 g/t gold, and 30m @ 0.6 g/t gold, demonstrating the presence of higher-grade material near the surface. The ongoing drill program aims to expand and delimit the near-surface saprolite and blanket material, contributing to the resource model optimization.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.97%
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none
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Rhea-AI Summary
Cabral Gold Inc. (TSXV: CBR) (OTC Pink: CBGZF) has established a technical advisory committee to review and make recommendations in respect of the technical activities of the Company, including those relating to the ongoing pre-feasibility study for trial mining of oxide gold deposits within the Company's Cuiú Cuiú gold district in northern Brazil. The Technical Committee is comprised of independent directors, Jon Gilligan and Ian Gendall, independent consultant, Mark E. Smith, and Cabral's executive chairman, P. Mark Smith.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.81%
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none
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Rhea-AI Summary
Cabral Gold Inc. (TSXV: CBR) (OTC Pink: CBGZF) announces positive drill results from 12 RC holes at the MG gold deposit in the Cuiu Cuiu gold district in Brazil. Highlights include 20m @ 1.6 g/t gold from surface in the gold-in-oxide blanket and 15m @ 1.8 g/t gold from 5m depth in basement saprolite.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.66%
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none
Rhea-AI Summary
Cabral Gold Inc. (CBR) is conducting a pre-feasibility study to exploit near-surface gold-in-oxide mineralization at the Cuiú Cuiú gold district in northern Brazil. The ongoing RC drilling program at Cuiú Cuiú continues to make excellent progress, with positive results indicating the potential for high-grade gold inventory closer to the surface. The company is also undertaking additional metallurgical test work and geotechnical drilling to better understand gold recoveries and ground conditions. Ausenco is leading the pre-feasibility study, with results expected in Q2 2024.
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CABRAL GOLD INC

OTC:CBGZF

CBGZF Rankings

CBGZF Stock Data

29.00M
146.07M
7.64%
22.78%
Gold Ore Mining
Mining, Quarrying, and Oil and Gas Extraction
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United States of America
Vancouver