Cabral Gold Stock Price, News & Analysis

Cabral Gold (OTCQB: CBGZF) reported diamond drill hole DDH346 at the PDM target returned 22.3m @ 4.7 g/t Au from 57.2m, including 1m @ 91.3 g/t Au and 1.1m @ 8.1 g/t Au. The mineralized zone remains open down-dip and along strike and likely correlates with previous hole DDH22.

Recent work expanded the surface area of the gold-in-oxide blanket at PDM by 50% (0.26 to 0.39 km2). Cabral noted US$45 million in construction financing for Phase 1 heap-leach processing at Cuiú Cuiú; PDM oxide was not included in that PFS.

Cabral Gold (OTCQB: CBGZF) executed a US$45,000,000 gold loan to fully fund the Cuiú Cuiú heap leach starter project and the Board approved a decision to construct on October 16, 2025.

The Updated PFS estimated capex US$37.7M, a 1 Mtpa plant, 6.2-year mine life, all-in sustaining cost US$1,210/oz, post-tax IRR 78%, NPV5 US$74M and a 10-month payback at US$2,500/oz. Drawdown is expected within weeks, subject to security registration and TSXV approval.

Key loan terms: 39-month term, 10% annual interest (capitalized to Dec 2026), principal repayments in gold (39 kg/quarter from Mar 31, 2027), and issuance of 10,000,000 warrants at C$0.71 on drawdown.

Cabral Gold (OTCQB: CBGZF) announced significant drilling results from its PDM target in the Cuiu Cuiu Gold District. The company has expanded the gold-in-oxide blanket by 50% from 0.26 km² to 0.39 km² and discovered two new zones of primary gold mineralization.

Key drilling highlights include 6m @ 2.74 g/t gold from 9m depth (including 1m @ 13.06 g/t gold) in hole RC0579, and multiple zones of lower-grade gold mineralization in near-surface saprolite material. The drilling program has identified four NW-trending mineralized zones that remain open along strike to the north and south.

The company is progressing with securing construction financing for its gold-in-oxide starter operation, which has a construction capex of US$37.7M, post-tax IRR of 78%, and NPV of US$73.9M, with a 10-month payback period based on US$2,500/oz gold price.

Cabral Gold (OTCQB: CBGZF) has filed a National Instrument 43-101 technical report for its Updated Prefeasibility Study on the Gold-in-Oxide Starter Operation at the Cuiú Cuiú Gold Project in Brazil's Pará State. The report, which maintains consistency with the previously announced results from July 29, 2025, is now available on SEDAR+ and the company's website.

Additionally, the company's Board has approved stock options granting, allowing holders to purchase 1,475,000 common shares at $0.45 per share. The options include 400,000 shares for an independent director and 1,075,000 shares for employees and consultants, with a five-year exercise period and 24-month vesting schedule.

Cabral Gold (OTCQB: CBGZF) has appointed Vinícius Resende Domingues to its Board of Directors, effective immediately. Domingues currently serves as the General Manager of Regulatory Affairs at Vale S.A., Brazil's largest mining company, and is a Board member of IBRAM (Brazilian Mining Institute).

Domingues brings extensive academic credentials, including a doctorate in Geotechnical Engineering and multiple advanced degrees. His appointment is viewed as strategic for Cabral Gold as the company advances toward a production decision for its Cuiú Cuiú gold district operations and continues exploration efforts to expand its resource base.

Cabral Gold (OTCQB: CBGZF) has announced significant improvements in its updated Prefeasibility Study (PFS) for the Cuiú Cuiú gold-in-oxide starter project in Brazil. The project's after-tax NPV5 increased by 200% to US$73.9 million, with an IRR of 78% at a base gold price of US$2,500/oz.

Key highlights include: initial capital cost of US$37.7 million, increased processing capacity to 1 million tonnes/year, and extended mine life to 6.2 years. Probable Mineral Reserves increased by 54% to 128,908 oz of gold, with life of mine production rising to 113,155 ounces at an AISC of US$1,210/oz.

The company targets a final investment decision in Q3 2025 with initial gold production planned for second half of 2026. The project serves as a stepping stone toward developing the region's second major gold mine in the Tapajos district.

Cabral Gold (OTCQB: CBGZF) has announced its listing on the OTCQB marketplace under the symbol "CBGZF". The company will maintain its current listing on the TSX Venture Exchange under the symbol "CBR".

CEO Alan Carter highlighted that this US listing will provide enhanced visibility and accessibility for US investors, potentially improving stock liquidity and access to larger capital pools. The OTCQB Venture Market caters to early-stage and developing companies that maintain current reporting standards and undergo annual verification processes.

Cabral Gold (CBGZF) reported excellent metallurgical test results from its Machichie gold deposit in Brazil's Cuiú Cuiú district, with gold recoveries of 88-96% from column leaching tests. The company has added two diamond drill rigs, bringing the total to four, to accelerate exploration and expand resources. The current resource stands at 450,200oz indicated and 455,100oz inferred in fresh basement material, plus 171,883oz indicated and 151,608oz inferred in oxide material. The updated Prefeasibility Study (PFS) is progressing with completed mine plans for Central, MG, and Machichie deposits, though it's now delayed to Q3 2025 due to high-grade findings at Machichie NE requiring processing method reassessment. The company is conducting geotechnical drilling with 21 holes completed and sterilization drilling with 12 RC holes finished.

Cabral Gold (CBGZF) has announced significant drill results from the Jerimum Cima target at its Cuiú Cuiú gold project in Brazil. The highlight is drill hole RC0561, which intersected 49m @ 2.0 g/t gold from 7m depth, including high-grade sections of up to 57.0 g/t gold. The results indicate a fifth gold-in-oxide blanket at Cuiú Cuiú, with mineralization extending E-W over at least 400m and remaining open in both directions and at depth. Previous drilling at Jerimum Cima returned impressive results of 39m @ 5.1 g/t gold. The target is located 3km ENE of the Central gold deposit and features a strong gold-in-soil anomaly covering 900m x 1000m. These findings suggest potential additions to the existing Indicated and Inferred resources and could extend mine life or increase production of the Phase 1 starter operation.