Cabral Gold Inc. is pleased to announce the first closing of its previously announced non-brokered private placement financing through the issuance of 25,997,400 common shares at a price of $0.125 per share for gross proceeds of $3,249,675. The current closing of the Private Placement included a brokered component comprising 2,400,000 common shares for gross proceeds of $300,000. Officers and directors of Cabral [...]
Cabral Gold Inc. has increased the size of its previously announced private placement from $2 million to up to $4 million due to increased demand. Pursuant to the Private Placement, the Company will now issue up to 32 million common shares at a price of $0.125 per share. A portion of the Private Placement may be brokered. Net proceeds from the Private Placement will be used for drilling high-grade gold targets and [...]
Cabral Gold Inc. is pleased to announce the terms of a non-brokered private placement of up to 16,000,000 common shares at a price of $0.125 per Share for gross proceeds of up to $2,000,000 . Closing is expected by 19th June 2020. The Company intends to use the net proceeds from the Private Placement to drill recently identified high-grade gold targets at the Cuiú Cuiú gold project located in northern Brazil, and for [...]
Cabral Gold Inc. is pleased to announce additional results from rock samples collected as part of the current regional surface sampling program within the eastern part of the Cuiú Cuiú gold project in Brazil, and the identification of another new and previously unknown high-grade target called Medusa. Highlights Following the recent success in identifying the new Alonso high-grade target at Cuiú Cuiú, where 24 rock [...]
Cabral Gold Inc. is pleased to announce that it has identified a vein containing visible gold mineralization at the Alonso target. The Company is also pleased to provide a further update regarding the ongoing regional exploration work at the Cuiú Cuiú project in Brazil. Highlights Trenching has identified visible gold in an E-W trending quartz vein structure located adjacent to the area where 24 rock samples from boulders [...]
Cabral Gold Inc. is pleased to provide multi-element analytical results from high-grade boulder samples and provide an update on exploration progress at the recently identified high-grade gold target called Alonso, at the Cuiú Cuiú project in Brazil. In addition, the Company is pleased to announce that it has acquired an RC drill rig which will allow for rapid and cost-effective testing of the Alonso target [...]
Cabral Gold Inc. is pleased to provide initial results from reconnaissance surface sampling within the largely unexplored eastern part of the Cuiú Cuiú Project area which resulted in the identification of a new and previously unknown high-grade target called Alonso. Highlights Twenty-three rock samples collected from surface boulders at the previously unknown Alonso target returned gold values ranging from [...]
Cabral Gold Inc. is pleased to provide additional drill results from the Phase II diamond drilling program at the Cuiú Cuiú Project. The program was designed to test the continuity of high-grade zones at both the MG and Central gold deposits. These results are from four holes at the Central deposit where historic drilling returned 34 separate drill intercepts above 10g/t gold, including 12 assays over 1oz/t [...]
Cabral Gold Inc. is pleased to provide results from an additional four diamond drill holes from the Phase II drilling program at the Cuiú Cuiú Project, which was designed to test the continuity of high-grade zones within the MG deposit. Highlights Drill hole 202-19 was designed to test the continuity of high-grade mineralization at the MG deposit and returned 14.2m @ 6.7 g/t gold from 109.4m depth including [...]
Cabral Gold Inc. is pleased to provide a summary of the 2019 corporate highlights and accomplishments. As the Company continues to work towards unlocking the high-grade potential of its 100% owned Cuiú Cuiú Gold Project in Pará, Brazil, it has made a number of new discoveries in 2019 on the project. 2019 Major Highlights: Completion of two separate diamond drill programs during 2019. Two new drill [...]
Cabral Gold Inc. is pleased to provide results from five initial drill holes from the ongoing Phase II drilling program at its Cuiú Cuiú Project, Pará State, Brazil. Highlights Drill hole 199-19, the first of several holes designed to test the continuity of high-grade mineralization at the MG deposit returned 16.9m @ 9.6 g/t gold from 82.6m including 7.6m @ 18.5 g/t gold from 91.9m Drill hole 199-19 [...]
Cabral Gold Inc. is pleased to announce the commencement of a follow-up program of diamond drilling at the Cuiú Cuiú Project, Pará State, Brazil. The Phase II program is designed to extend and confirm continuity of high-grade mineralized intercepts along strike and down-dip at the recently discovered Machichie zone , as well as the existing Central and MG deposits . Initial drilling at the Machichie [...]
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