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 Inc. (TSXV: CBR) (OTC Pink: CBGZF) has announced positive results from column-leach metallurgical tests on gold-bearing oxide material from the MG gold deposit in the Cuiú Cuiú gold district, Brazil. Key highlights include:
- Gold recoveries ranging from 92% to 93% after 68 to 112 days of column leaching
- Consistent results across three samples: blanket soil/colluvium/sediments, low-grade saprolite, and higher-grade saprolite
- Significant improvement from previous tests that yielded 82% recovery
- Low sodium cyanide consumption (0.31-0.48 kg/t)
- Confirmation that heap-leach processing is highly viable for the MG gold deposit
These results are expected to positively impact the ongoing prefeasibility study and potentially improve the economics of future mining operations at Cuiú Cuiú.
Cabral Gold Inc. (TSXV: CBR) (OTC Pink: CBGZF) has announced promising drill results from the Machichie NE target in the Cuiú Cuiú Gold District, Brazil. Key highlights include:
1. RC0449 returned 6m @ 13.3 g/t gold, including 1m @ 77.5 g/t gold, extending the high-grade zone discovered in RC0421.
2. Multiple holes revealed significant gold-in-oxide mineralization in near-surface saprolite.
3. RC0451 yielded 5m @ 2.2 g/t gold in saprolite and 16m @ 0.36 g/t gold in blanket soils.
4. RC0453 returned 30m @ 0.55 g/t gold in blanket sediments and saprolite.
These results suggest a significant new gold discovery at Machichie NE, with potential to add to both primary hard rock and gold-in-oxide resources. The mineralized zone remains open in all directions and at depth, indicating promising prospects for expanding the Cuiú Cuiú district's global resource base.
Cabral Gold Inc. (TSXV: CBR) (OTC Pink: CBGZF) has announced promising drill results from the Machichie West target in the Cuiú Cuiú gold district, Brazil. Key highlights include:
- RC439: 10m @ 3.00 g/t gold from 11m depth, including 5m @ 5.37 g/t gold
- RC427: 13m @ 1.00 g/t gold from 19m depth, including 2m @ 4.80 g/t gold
- RC430: Multiple mineralized zones, including 8m @ 0.60 g/t gold from 26.0m depth
These results suggest the presence of additional mineralized structures that could provide near-surface oxide material for the ongoing PFS study on trial mining and heap leach processing. The Machichie West target, previously untested by drilling, is part of the larger Machichie area located 500m north of the MG gold deposit.
Cabral Gold announced the appointment of Samantha Shorter as Chief Financial Officer, effective July 9, 2024. Shorter, a CPA and CA, brings extensive experience in executive leadership, financial compliance, and analysis within the resource industry, including international operations in Brazil and underground mining in Mexico.
She replaces Paul Hansed, who is retiring after significant contributions to the company. The Board of Directors has also approved stock options for certain officers, allowing the purchase of 750,000 shares at $0.28 each, expiring in five years.
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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