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Cabral Gold Inc

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Market:
TSX-V
Market Cap:
$8.02 m
Price
0.13 CAD
Change
-3.70%
52 weeks high
0.33
52 weeks low
0.10

In brief

Cabral Gold’s key asset is the Cuiu Cuiu gold project located less than 20km from Eldorado Gold’s advanced Tocantinzinho project in Brazil. Cabral’s project has historic resources of 0.1Moz in the Indicated category and 1.2Moz in the Inferred category based on an initial 26,000m of drill data, and is currently updating the calculation with an additional 22,000m of drill data. Cabral has already identified a gold-in-soil anomaly that is 18 kilometers long and has recently identified multiple high-grade gold vein target areas outside of the historic resource and gold-in-soil anomaly.

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Snapshot

The exploration company recently made a new discovery at Cuiú Cuiú, known as the Machichie zone