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. (CBGZF) maintains an active exploration program focused on gold discoveries in Brazil's prolific Cuiú Cuiú district. This page aggregates official corporate announcements, technical updates, and operational developments related to their NI 43-101 compliant resource expansion efforts.
Investors and industry observers will find verified updates on drilling campaigns, metallurgical test results, and strategic initiatives. The curated news collection provides essential context for understanding the company's progress in advancing heap leach processing targets and upgrading mineral estimates through systematic exploration programs.
Key updates include resource definition drilling results, pre-feasibility study milestones, and corporate developments affecting the company's Brazilian gold projects. All content is sourced from official disclosures to ensure regulatory compliance and factual accuracy.
Bookmark this page for streamlined access to Cabral Gold's latest technical reports and strategic announcements. Regular monitoring helps stakeholders track the evolution of their gold resources and exploration methodology in northern Brazil's emerging mining district.
Cabral Gold announced significant drill results from the Machichie NE and Main targets, located in the Cuiú Cuiú Gold District, Brazil. The highlights include:
- RC421 at Machichie NE: 11m @ 33.0 g/t gold (including 4m @ 89.3 g/t) from 50m depth.
- RC420 at Machichie Main: 25m @ 2.9 g/t gold from surface (including 12m @ 5.5 g/t).
- RC422 at Machichie NE: 21m @ 1.3 g/t gold from surface (including 3m @ 7.5 g/t).
- These results suggest significant high-grade gold potential, with both zones needing further exploration to determine their extent.
Cabral Gold's President, Alan Carter, remarked that these are among the top three drill holes at Cuiú Cuiú, indicating potential for near-surface and primary bedrock gold resources. Further drilling is in progress to assess the size of these discoveries.
Cabral Gold has provided an update on its prefeasibility study (PFS) for the Cuiú Cuiú gold project in Brazil, focusing on near-surface gold-in-oxide mineralization at the Central and MG deposits. The study, conducted by Ausenco do Brasil Engenharia, is 87% complete, with capex estimates nearly finalized. Metallurgical tests on additional samples show promising results, with gold recoveries comparable to previous data. Mine design work by Deswick Brazil is 30% complete. The company expects to release the full PFS results by mid-Q3 2024, aiming for an efficient, cost-effective project design.
Cabral Gold Inc. extends its RC drilling program at the Cuiú Cuiú gold district in Brazil, targeting various zones with high-grade oxide material, uncovering potential for additional resources. Management expresses excitement over the company's prospects and plans for future exploration. The recent success of the drilling program prompts the extension and expansion of drilling activities, aiming to enhance resource models and aid in mine planning. The company remains focused on the ongoing PFS for near-surface oxide material at Cuiú Cuiú, with significant upside potential identified in various targets within the district.
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