CruxCasts

Cabral Gold (CBR) - Bulk-Tonnage turns High-Grade. What Next?

July 15, 2020

Interview with Alan Carter, President & CEO of Cabral Gold (TSX-V: CBR)

Cabral Gold is a Brazilian gold explorer with a district-scale land package in the form of the Cuiú Cuiú project. Bulk-tonnage gold was the previous area of focus, but after 8 extremely difficulty years, a shift of focus towards high-grade gold veins has been installed.

While some of the gold grades thrown up have been eye-watering, Cabral Gold will need to deliver this gold resource to the market in an appropriate timescale, while remaining pragmatic in its creation of a resource. Cabral Gold can't afford to make the all-too-common mistake of getting so lost in chasing gold ounces that it forgets the market needs to see some definitive and accretive value. There has to be a cut-off point at some stage.

Cabral Gold has just raised C$4.2M via an oversubscribed private placement and the plan is to conduct an RC drill programme with the view to completing a PEA in the next few years.

Cabral Gold is an intriguing gold mining story that gold investors will likely find themselves interested in.

Company Page: https://cabralgold.com/

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