Cabral Gold Inc. reports exploration and development updates for the Cuiú Cuiú Gold District in Brazil, with recurring coverage tied to its OTCQX-traded security CBGZF and TSXV-listed shares. Company announcements focus on the Phase 1 gold-in-oxide heap leach project, construction progress, plant equipment, heap leach pads, and related engineering and procurement work.
Cabral Gold news also covers drilling at MG, Jerimum Cima, and other district targets, including reverse-circulation and diamond-drill results for oxide and primary gold mineralization. Additional recurring items include Brazilian permitting for the Cuiú Cuiú project, technical reports under mining disclosure standards, and board or governance changes.
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 (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.