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Cabral Gold Inc.

Cabral Gold is a gold exploration and development company that controls an entire gold district in the Tapajos region of northern Brazil, which was the site of the world's largest gold rush. Two deposits outlined so far containing 1 Moz of defined resources. Both deposits are open at depth and along strike. High-grade drill intercepts (incl. 3.4m @ 36.9 g/t gold, 27m @ 6.9g/t gold and 39m @ 5.1g/t gold) in eight other targets outside existing deposits suggest other discoveries are likely. New targets identified at Alonso and Medusa during early 2020 average 91g/t gold and 26g/t gold from surface boulders. An aggressive drill program is planned during H2 2020.

Expert Comments:

headshot of Brien Lundin

Brien Lundin, Gold Newsletter (Jefferson Financial)

"Cabral Gold Inc. announced a very nice intersection from holes drilled on the MG deposit to further assess the tenor of its mineralization; the highlight came from hole 214, which cut 60m of 3.5 g/t gold, including 2.6m of 64.6 g/t gold from surface. It also hit another 4.7m of 3.7 g/t gold beginning at 72m depth."

Brien Lundin, Gold Newsletter (Jefferson Financial)

"The oxide gold blanket Cabral Gold Inc. identified by hole 214 and other holes on MG promises to add a whole new chapter to the outlook for MG. . .in fact, management thinks this discovery, which could be a deposit all in itself, represents a potential 'game changer' for the company. . .on the thought that Cabral is on to something big here and that this new wrinkle to its story will coincide with much higher gold prices, I'm moving the company back to a Buy."

Cabral Gold reported that RC drilling returned 3 meters of 13.2 g/t gold at the newly identified Hamilton Novo vein target located 300 meters north of its MG gold deposit in the Cuiú Cuiú gold district.
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Brien Lundin, Gold Newsletter (Jefferson Financial)

"Cabral Gold Inc.'s diamond program at Cuiu Cuiu generated a high-grade hit on the MG deposit earlier this month; hole 208 cut 2.1m of 29.4 g/t gold, including 0.5m of 120.6 g/t gold. The zone that returned this hit dips steeply to the north and looks to be open to expansion downdip."

Cabral Gold indicates this finding at Cuiú Cuiú's Machichie NE target is "highly encouraging."
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Cabral Gold's channel samples at the JM target provide "further evidence that numerous high-grade veins occur within the Cuiú Cuiú district."
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Cabral Gold also reports results of recent reconnaissance drilling at Cuiú Cuiú.
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Cabral Gold reports that drilling at the Machichie target at Cuiú Cuiú significantly extends the mineralized zone to the east.
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All Penny Stocks

"Cabral Gold Inc. piqued our interest with a definitive resistance level breakout in yesterday's trade with the stock closing at $0.68; looking higher up, we now see further resistance up at $0.75 followed by the October high of $0.88. We think this stock has enough momentum to revisit those October highs."

headshot of Brien Lundin

Brien Lundin, Gold Newsletter (Jefferson Financial)

"New targets keep popping up as a result of Cabral Gold Inc.'s property-wide reconnaissance exploration program on Cuiu Cuiu; the latest discovery is the Dona Moca target, which lies 1.6 km east-northeast of the Medusa target. Grab samples from Dona Moca yielded significant gold grades (108.3 g/t, 32 g/t, 21.9 g/t and 3.9 g/t)."

Clive Maund, CliveMaund.com

"Cabral Gold Inc. is a resource stock that looks like a Buy here. . .the company has held up very well as the sector has corrected in recent weeks, barely dropping back from its highs. Right now, Cabral appears to be completing a bull flag that will lead to renewed advance imminently."

More Expert Comments

Experts Following This Company

headshot of Brien Lundin
Brien Lundin, Author Gold Newsletter (Jefferson Financial)
Clive Maund – CliveMaund.com
Stuart McDougall, Mining Analyst, Equity Research – Research Capital Corporation
headshot of Bob Moriarty
Bob Moriarty, Author – 321 Gold

Company News

6/8/2021 – Cabral Gold Reports Multiple Intercepts at the MG Gold Deposit, Cuiú Cuiú District, Brazil, Including 17.6m @ 4.1 g/t gold and 18.1m @ 4.3 g/t gold

6/3/2021 – Cabral Gold Acquires Strategic Surface Rights to Oxide Blanket at the MG Gold Deposit, Cuiú Cuiú District, Brazil

5/19/2021 – Cabral Gold Drills 60m at 3.5 g/t gold including 2.6m at 64.6 g/t gold in Oxide Blanket at the MG Gold Deposit, Cuiú Cuiú District, Brazil

4/29/2021 – Cabral Gold Drills 3m @ 13.2 g/t gold at Hamilton Novo, 300m North of MG Gold Deposit, Cuiú Cuiú District, Brazil

4/13/2021 – Cabral Gold Appoints Experienced Mining Engineer and Executive to Board of Directors

3/31/2021 – Cabral Gold Drills New Mineralized Vein at Indio and Continues to Expand Machichie Zone at the Cuiú Cuiú District, Brazil

The information provided above is from analysts, newsletters, the company and other contributors.

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Investing Highlights
Management; 5 gold discoveries in Brazil, CEO is #2 shareholder, having invested C$1.7M to date
Project; 1Moz outlined so far in 2 deposits, 43 peripheral targets, of which 35 are high-grade
Performance; CBR was #2 performing mining stock on TSXV during 2020
catalyst Calendar
Discovery of one additional deposit during 2021 and another during 2022
3 rigs currently turning – will test 10-12 targets over next 6 months = multiple drill results
Drill results from other untested targets outside 2 known deposits from November onwards