Cabral Gold Announces Filing of NI 43-101 Technical Report for Updated Prefeasibility Study on the Gold-in-Oxide Starter Operation at the Cuiú Cuiú Gold Project, Brazil
Rhea-AI Summary
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.
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News Market Reaction – CBGZF
On the day this news was published, CBGZF gained 1.59%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Vancouver, British Columbia--(Newsfile Corp. - September 11, 2025) - Cabral Gold Inc. (TSXV: CBR) (OTCQB: CBGZF) ("Cabral" or the "Company") is pleased to announce that it has filed a National Instrument 43-101 technical report (the "Report") for the Updated Prefeasibility Study on the Gold-in-Oxide Starter Operation at the Cuiú Cuiú Gold Project in the Pará State, North-Central Brazil. The Report can be found under the Company's profile on SEDAR+ at www.sedarplus.ca and on the Company's website.
The results of the Report were originally presented in a news release dated July 29, 2025, which is also available for review on SEDAR+ and on the Company's website. There are no material differences between the results announced in the news release and the results in the Report.
Options
Cabral's Board of Directors has also approved the granting of stock options pursuant to the Plan. The stock options entitle the holders to purchase a total of 1,475,000 common shares in the capital stock of the Company at a price of
About Cabral Gold Inc.
The Company is a junior resource Company engaged in the identification, exploration, and development of mineral properties, with a primary focus on gold properties located in Brazil. The Company has a
The Tapajós Gold Province is the site of the largest gold rush in Brazil's history which according to the ANM (Agência Nacional de Mineração or National Mining Agency of Brazil) produced an estimated 30 to 50 million ounces of placer gold between 1978 and 1995. Cuiú Cuiú was the largest area of placer workings in the Tapajós and produced an estimated 2Moz of placer gold historically.
FOR FURTHER INFORMATION PLEASE CONTACT:
"Alan Carter"
President and Chief Executive Officer
Cabral Gold Inc.
Tel: 604.676.5660
Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-looking Statements
This news release contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively "forward-looking statements"). The use of the words "will", "expected" and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Such forward-looking statements should not be unduly relied upon. This news release contains forward-looking statements and assumptions pertaining to the following: strategic plans and future operations, and results of exploration. Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors. The Company believes the expectations reflected in those forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/266013
FAQ
What is the purpose of Cabral Gold's NI 43-101 technical report filing for Cuiú Cuiú Gold Project?
How many stock options did Cabral Gold (CBGZF) approve and at what price?
What are the terms of Cabral Gold's newly granted stock options?
Where can investors access Cabral Gold's technical report for the Cuiú Cuiú Gold Project?
