Cabral Gold Company Profile

Cabral Gold

Company Exposure


Company Listing

Cabral Gold

Stock Code


Company Overview

The Company’s key asset is the Cuiú Cuiú project which is on trend and located less than 20km NW of Eldorado Gold’s Tocantinzinho project (“TZ”). The non-refractory TZ gold project is expected to produce 170,000oz of gold a year over its mine life of 11 years. It has Measured and Indicated Resources of 48.7Mt @ 1.35g/t gold (for 2.1Moz) and Inferred resources of 2.4Mt @ 0.9g/t gold (for 0.07Moz). Eldorado Gold anticipates receiving the required permits to start the mine development during the first quarter of 2018.

A gold-in-soil anomaly approximately 18km in length has been identified at Cuiú Cuiú which has a historic resource of 3.4Mt @ 1.0g/t gold (for 0.1Moz) in the Indicated Resource category and 31Mt @ 1.2g/t gold (for 1.2Moz) in the Inferred Resource category. This resource was based on an initial 25,945m of drilling. A further 22,070m of drilling was completed following the resource estimate, which Cabral plans to include in its updated resource calculation. Drill intercepts of good grade including 41m @1.3g/t, 27m @ 6.9g/t, 47m @ 1.8g/t and 39m @ 5.1g/t gold have been identified in at least six other areas within the project area beyond the existing resource.


Over 20 years’ experience in Brazil. Four gold discoveries with NI 43-101 compliant resources; Cajuiero, Coringa, Cuiú Cuiú and Tocantinzinho (totaling +5Moz). ExMagellan. In 2016, sold Magellan Minerals to Anfield Gold which subsequently merged in December 2017 with Newcastle Resources and Trek Mining to form Equinox Gold


100% interest in Cuiú Cuiú gold project in Brazil; Measured & Indicated Resource of 0.1Moz + Inferred Resource of 1.2Moz, adjacent to Eldorado Gold’s 2Moz Tocantinzinho project (construction license granted mid-2017)


Historic resource based on 26,000m of drilling. Additional 22,000m drilled mainly as step outs to be added in updated resource calculation. Drill intercepts in 6 separate targets outside existing resources incl. 39m @ 5.1g/t and 27m @ 6.9g/t gold, 18km gold-in-soil anomaly (+70ppb gold)

News Flow

• A NI 43-101 compliant update to resource in progress and expected during Q1 2018
• Trenching programme planned Q1 2018
• Drilling Q2 2018 to continue expanding its resource

Live Financials

Latest Announcements

Share Price Performance


Charles Oliver – Chairman and Director
Alan Carter – President, Chief Executive Officer and Director
Dennis Moore – Director
Donald Njegovan – Director
Derrick Weyrauch – Director
Sean Kingsley – VP Corp. Development

Major Shareholders

Management Ownership – 43%
Goodman and Co. Investment Counsel – 5%
Others – 30%

Projects Overview

Geological Region- Tapajos Region

Tapajos is the world’s third largest placer gold belt in terms of historic placer gold production and is largely untested. This region was the site of a major gold rush by artisanal miners from the late 1970s until the late 1990s which, according to the Brazilian Department of Mineral Production (DNPM) had a total historical production of between 20 and 30 million ounces of gold.



Cuiú Cuiú Gold Project (Flagship)
Bom Jardim Project
Porquinho Project

Cuiú Cuiú Gold Project

• Largest garimpo in the Tapajos region in terms of historic production
• Area previously produced 1.5 – 2Moz of placer gold (Source: DNPM)
• Two gold deposits at Cuiú Cuiú; Central and Moreira Gomez, 5km apart
• Combined historic Indicated resources of 3.4Mt @ 1.0g/t gold (0.1Moz) and combined Inferred resources of 31Mt @ 1.2g/t gold (1.2Moz)
• Based on 25,945m of drilling
• A further 22,070m was drilled following this resource calculation, is being included in a soon-to-be completed updated resource calculation
• 18km long gold-in-soil anomaly
• Central strike length of at least 800m in NW-SE direction, 50 to 70m wide, approx. vertical depth of 450m
• Moreira Gomez extends over a strike length of 1,200m EW, is 30 to 50m wide, and has a vertical depth of 400m.
• Drill intercepts in 6 other areas outside current resources including;
>> 41m @ 1.3g/t at Jerimum Baixo
>>47m @ 1.8g/t at Pau de Merenda
>>39m @ 5.1 g/t at Jerimum Cima
>>39m @ 1.3g/t at Central North
>>8m @ 2.8g/t at Ivo
>>27m @ 6.9g/t at Central SE

Bom Jardim

• Two exploration licenses 120 square kilometres, mineralised zones identified but remain virtually untested
• One of the largest artisanal mines in the region with historic alluvial gold production of approximately 1Moz
• Located approx. 25 km northwest of the Cuiú Cuiú property and 45 km NW of Eldorado’s 2.5M oz Tocantinzinho deposit
• Completed exploration:
>> 53km line 3D IP survey
>> 2436km line of aeromagnetic and radiometric surveys conducted in mid-2011
>> 2300 soil and rock chip geochemical samples
>> 6 diamond drill holes (1357m)
• NNE and E-W trending mineralised structures with strike lengths of up to 7kms
• Mineralised zones are reflected both in surface geochemical sampling and in the geophysical data

2018 Exploration Programme

Placer gold nuggets from Bom Jardim

Contact Details



PHONE: +1-833-606-6271

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