Cabral Gold : ~1 Mio Unzen Gold ~5 Mio $ Börsenwert (Stand 21.01.2020) (Seite 2)

[90BVB09]

ceo.ca

"@HHorseman Message from CEO: "Results are still pending on 13 additional holes at Central and 18 shallow holes at Machichie and 10 shallow auger holes at MG"

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"Bohrloch RC368 wurde auf Abschnitt N20895 im südlichen Teil der Lagerstätte Central gebohrt (Abbildungen 1 und 2, Tabelle 1).

RC368 durchteufte eine mineralisierte Decke nahe der Oberfläche und eine kontinuierliche Mineralisierung von 42 m bis zum Ende des Bohrlochs bei 77 m. Ein scharfer Übergang von Saprolit im Grundgestein zu frischem Grundgestein tritt bei 67 m auf. Eine bemerkenswerte Bonanza-Zone (10 m mit 10,5 g/t Gold) wurde im Grundgestein angetroffen.

Bei RC368 gab es Bohrschwierigkeiten innerhalb der nicht verfestigten Decke von der Oberfläche aus. Von 0 bis 13 m Tiefe im Bohrloch wurden keine Proben entnommen. Unmittelbar unter dem nicht geborgenen Material ergab RC368 jedoch 4 m mit 0,7 g/t Gold in nicht deckungsgleichen Sedimenten, einschließlich 2 m mit 1,2 g/t Gold aus 13 m Tiefe (Tabelle 1), was darauf hindeutet, dass auch die oberen 13 m potenziell mineralisiert sind. Kurze Diamantbohrlöcher werden erforderlich sein, um diese potenziell höhergradigen, nicht konsolidierten Sedimente in Oberflächennähe weiter zu untersuchen.

RC368 ergab 10 m mit 10,5 g/t Gold im Grundgestein von 67 m bis zum Ende des Bohrlochs. Darin enthalten sind die bereits zuvor gemeldeten Bonanza-Abschnitte von 1 m mit 63,6 g/t Gold und 1 m mit 28,3 g/t Gold (Tabelle 1). Es ist bezeichnend, dass das Bohrloch bei 77 m in einer Mineralisierung mit einem Gehalt von 1,0 g/t Gold endete. Dieser Abschnitt im Basement wird als die neigungsabwärts gerichtete Erweiterung der hochgradigen mineralisierten Zone in DDH306 interpretiert, die 20,9 m mit 4,2 g/t Gold in Saprolit (Abbildung 2) durchschnitt und einen Bonanza-Abschnitt von 10,0 m mit 8,4 g/t Gold einschließt."

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Results are pending on holes RC394, RC395 and RC397 which were also drilled on this section. -> die könnten auch interessant werden

[90BVB09]

Drillergebnisse

Cabral Gold Drills 10m @ 10.5 g/t Gold Including 1m @ 63.6 g/t Gold at the Central Gold Deposit, Cuiú Cuiú Gold District, Brazil

https://ceo.ca/@newsfile/cabral-gold-drills-10m-105-gt-gold-…

Highlights


- RC368 returned 10m @ 10.5 g/t gold from 67m in fresh rock, including 1m @ 63.6 g/t gold and 1m @ 28.3 g/t gold. The hole ended in mineralized material grading 1 g/t gold.


- RC384 returned 23m @ 0.9 g/t gold from 4m in saprolite.


- RC385 returned 13m @ 0.7 g/t gold from 3m depth, 6m @ 1.4 g/t gold from 44m depth and 4m @ 2.7 g/t gold from 59m. All three holes are in saprolite.


- Drill results are pending on 13 RC holes from the Central deposit, and nine shallow power-auger holes testing the MG deposit and 21 RC holes from the Machichie target.

[Reiners]

Cabral gibt Gas, zum Glück habe ich gestern noch mal fett nachgelegt.

https://ceo.ca/@newsfile/cabral-gold-drills-28m-12-gt-gold-i…

[Reiners]

Hier gefallen Management, Strategie und der Zug etwas voran zubringen.

[Reiners]

Video

https://youtu.be/biWhRFkvt74?si=JSDDeIeOKzUIJ38O

[90BVB09]

https://ceo.ca/@newsfile/cabral-gold-establishes-technical-a…

Einer der wenigen Lichtblicke in meinem EM-Minen-Depot

[Reiners]

Sehr starker Auftritt vom Cabral Gold Chef vor ca. 3 Wochen. Sehenswert.

https://youtu.be/cb_HyEYcG4c?si=CzycCPjPrfgDAIqo

[Reiners]

https://twitter.com/MiningVisuals/status/1731411085234749907…

Cabral Gold dabei

[Reiners]

Hier die Meldung

https://ceo.ca/@newsfile/cabral-gold-drills-20m-16-gt-and-15…

[Reiners]

 







Hello Everyone

We have more drill results out today from our Cuiú Cuiú project in Brazil. Today’s results are from 12 additional holes recently completed at the MG gold deposit. 

Here are Alan’s thoughts. 

Principle takeaways:

This is the second batch of drill results from MG reported as part of the ongoing drill program – all of the holes are targeting the weathered gold-in-oxide material which is soft and amenable to free digging (ie no drilling or blasting will be required). This material is of two types; a) soil, mud and sand which contains gold, and is at or near surface and forms a horizontal blanket and b) underlying saprolite material which also contains gold and is soft as a result of natural weathering of the hard granitic rock

Of the 12 holes we reported today, there are again some very encouraging drill results including;

 

RC375 which returned 20m @ 1.6 g/t gold from surface including 9m @ 1.7 g/t gold from surface in the gold-in-oxide blanket and 11m @ 1.6 g/t gold from 11m depth in the weathered basement saprolite

RC376 which returned 15m @ 1.8 g/t gold from 5m depth in basement saprolite including 2m @ 9.2 g/t gold

There are also some excellent intervals of moderate grade mineralization in the near surface blanket sediments which are well above the cut-off grade of the oxide resources

We have so far drilled 18 shallow holes at Machiche which is one of two recent discoveries at Cuiú Cuiú (no resources defined as yet) and is located just 500m north of MG. Whilst results are still pending on these holes, management believes that on the basis of previous drill results and trenches as well as visual results from the current program, that there is a strong likelihood that Machichie represents a fourth gold-in-oxide blanket at Cuiu Cuiu  

OK so why should I care? 

Well, these drill results from MG add even more fuel to the fire. The fire in this case represents the accumulating body of evidence, in the form of drill results from the near-surface oxide material, which demonstrate the presence of a significant amount of higher-grade material within the weathered saprolite and overlying blanket sediments. With previous results, I have emphasized the enormous difference in the value proposition of a drill intercept that is 20m @ 1.6 g/t gold from surface in mud and soft weathered rock (saprolite), and the same interval at say 300m below surface in hard rock. Again, I feel its worth reiterating again here.

These results bring the total number of drill holes reported on as part of this RC drilling program to 26 (see press releases dated 28th October 2023 and 2nd November 2023). But we have now drilled a total of 75 RC holes, which means there are a lot more results still to come, including 31 RC holes drilled at Central and 18 RC holes drilled at Machichie. Results are also pending on 9 power-auger holes drilled at MG

 

For those of you that have taken the minute or so to read the first page of these notes, its perhaps worth reiterating that amongst the numerous junior gold developers and explorers that exist, Cabral is unusual in that it meets all of the following investment criteria;

 

Management – Team has been directly involved in 5 grass-roots gold discoveries in Brazil. CEO has thus far invested $1.8M cash into company and is one of largest shareholders

Location – Cabral’s Cuiú Cuiú project is adjacent to the +2Moz TZ deposit which is currently under construction at a cost of US450M and will be Brazil’s third largest gold mine

Existing resource - currently totaling 1.14Moz of gold comprising 21.6Mt @ 0.87 g/t gold (604,000 oz) and Inferred resources of 19.8Mt @ 0.84 g/t gold (534,500 oz)

Near-term production – pre-feasibility study in progress. Expected March-April 2023. If positive could lead to construction decision during mid-2024

Upside – enormous. Excellent potential to add to existing resources at MG and Central deposits. Two new discoveries at PDM and Machichie with insufficient drilling to determine maiden resources, and 45 peripheral targets with gold assay values

Value proposition – the company has C$5.8M in cash and a market capitalization of just C$24.2M or an enterprise value of C$18.4M which is equivalent to just US$12 for every ounce of gold so far defined in the ground.