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.
Cabral Gold Inc. (OTCQX: CBGZF; TSXV: CBR) generates frequent news flow from its activities at the Cuiú Cuiú gold district in the Tapajós Region of northern Brazil. As a junior gold company focused on exploration, resource definition and project development, its updates often center on drilling results, resource expansion and progress on its Phase 1 gold-in-oxide heap leach project.
Investors following CBGZF news can expect detailed reports on reverse circulation and diamond drilling across multiple targets, including the Central, MG and JB deposits and discoveries such as PDM, Machichie Main, Machichie NE, Jerimum Cima and Mutum. Recent releases describe high-grade intercepts in both oxide and primary intrusive rocks, the identification of new mineralized structures, and confirmation of along-strike and down-dip continuity in several zones.
Cabral’s news also covers milestones in advancing the Cuiú Cuiú heap leach starter operation. The company has reported on its Updated Pre-Feasibility Study, a gold loan financing intended to fully fund initial capital costs, and construction updates that include detailed engineering, procurement, earthworks, mine camp development and infrastructure improvements such as access road upgrades and bridge construction.
In addition, Cabral issues announcements on corporate and capital markets developments, such as the upgrade of its U.S. listing from the OTCQB Venture Market to the OTCQX Market and media features that profile its strategy in the Tapajós Gold Province. For readers interested in gold exploration and development in Brazil, the CBGZF news feed provides ongoing insight into drill campaigns, resource-related technical reports prepared under NI 43-101, and the evolution of the Cuiú Cuiú project from exploration toward production. Bookmark this page to review Cabral Gold’s latest disclosures and technical updates as they are released.
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 (TSXV: CBR, OTC: CBGZF) has appointed Luiz Celaro as Construction Manager for the Cuiú Cuiú heap leach starter project. Celaro, a mining engineer with an MBA in Environmental Management, brings extensive experience in building and operating mining projects in Brazil, particularly heap leach gold projects. His previous roles include Vice President at Vale and Senior Construction Manager at the Amapari project, Brazil's largest heap leach gold project during 2004-2006.
This appointment marks Cabral's transition from exploration to production. The company anticipates an updated PFS and construction decision for its initial heap leach starter project in the coming months. Celaro's expertise includes managing seven gold mining projects, with six focused on mine construction, and successful project delivery across Brazil, Mozambique, and Guyana.
Cabral Gold (CBGZF) has announced significant drill results from the Machichie NE target in Brazil's Cuiú Cuiú Gold District. The highlight is drill hole RC520, which returned exceptional grades of 12m @ 27.7 g/t gold from 42m depth, including 5m @ 65.5 g/t gold within a wider zone of 22m @ 15.9 g/t gold.
The high-grade mineralized zone extends approximately 200m along strike and remains open in all directions. Notable previous drilling results include RC421 with 11m @ 33.0 g/t gold, RC449 with 6m @ 13.3 g/t gold, and DDH331 with 5m @ 24.5 g/t gold. The Machichie NE target is located 150m northeast of the Machichie Main gold deposit and 650m north of the MG gold deposit.
The company is currently operating two RC rigs and exploring several targets including Jerimum Cima, Central SE, and Pau da Merenda, while updating the Machichie - Machichie NE resource model.
Cabral Gold (CBGZF) has announced significant drilling results from the Machichie Main gold deposit in Brazil's Cuiú Cuiú Gold District. Key findings include drill hole RC0515 yielding 10m @ 2.2 g/t gold from surface and 3m @ 15.9 g/t gold from 16m depth in oxide material. Additionally, RC0504 returned 12m @ 3.1 g/t gold including 3m @ 11.2 g/t gold.
A notable discovery includes a previously unrecognized mineralized zone located 40m north of the main Machichie structure, which remains open to the east and west. The Machichie Main zone, situated 500m north of the MG gold deposit, currently has a preliminary Inferred resource estimate of 3.73 million tonnes @ 0.5 g/t gold for oxide material.
Trench results continue to show high-grade gold mineralization, with CT054 returning 13m @ 2.3 g/t gold including 5m @ 5.8 g/t gold in saprolite material. The ongoing drilling program aims to upgrade Inferred resources to Indicated status for inclusion in the mine plan for the heap-leach starter operation.
Cabral Gold (TSXV: CBR) (OTC: CBGZF) has announced significant assay results from its Machichie Main gold deposit in Brazil's Cuiú Cuiú Gold District. Surface trench CT051 yielded impressive results of 20m @ 3.6 g/t gold, including 4m @ 15.7 g/t gold in surface oxide material. Additional trench CT052, located 150m west, returned 7m @ 0.8 g/t gold.
Notable RC drill results include:
- 4m @ 3.9 g/t gold (including 1m @ 10.6 g/t)
- 4m @ 3.1 g/t gold (including 1m @ 10.6 g/t)
- 7m @ 1.5 g/t gold
- 1m @ 9.9 g/t gold
The drilling program aims to upgrade the current Inferred resource of 3.73Mt @ 0.5 g/t gold to Indicated status for inclusion in the mine plan for the heap-leach starter operation. Results confirm significant mineralization continuity both in near-surface oxide material and underlying fresh rock.
Cabral Gold (CBGZF) provided an update on its Cuiú Cuiú gold district operations in Brazil. Two drill rigs are currently active: one focusing on upgrading gold-in-oxide Inferred resources at Machichie Main, and another conducting exploration at various targets including Machichie NE, where previous drilling yielded 11m @ 33 g/t gold.
The company contracted Ausenco Brazil to update the PFS on the initial heap leach starter operation, aiming to reduce capital and operating costs while increasing mining rate and plant capacity. The previous PFS showed an after-tax IRR of 47.3% and NPV5 of US$25.2 million, with development capex estimated at US$37.4 million.
The company appointed John Sestan as VP Project Development to oversee the gold-in-oxide heap-leach starter operation. Results are pending on 18 drill holes, and metallurgical tests are planned for Q2 2025. The company is also pursuing discussions regarding project financing and ECPM contracts.
Cabral Gold reports significant progress at the Cuiú Cuiú gold district in Brazil during 2024. Key developments include the Machichie NE discovery with high-grade gold findings (11m @ 33g/t gold), and completion of a Pre-Feasibility Study (PFS) for an initial starter operation showing an after-tax IRR of 47.3% and NPV5 of US$25.2M, with estimated capex of US$37.4M.
The company identified a fifth gold-in-oxide blanket at Jerimum Cima, with promising trench results. Notable drilling results were reported at the Central gold deposit and Machichie Main zone. The company successfully raised $4.36M through private placements and strengthened its management team.
For 2025, Cabral plans a two-stage development strategy, focusing on near-term production to generate cash flow for expanded drilling programs. Immediate priorities include upgrading Inferred oxide resources to Indicated status and completing detailed engineering.