Cabral Gold
Cabral Gold is a gold exploration and development company that controls the Cuiu Cuiu gold district in northern Brazil located immediately north-west of the Tocantinzinho mine of G Mining Ventures which is currently the third largest gold mine in Brazil. Cuiu Cuiu historically produced 10x more placer gold than Tocantinzinho.
The Company is currently engaged in the construction of its Phase 1 mine which will involve the leach processing of near surface oxide material, and expects to achieve commercial production in Q4 2026 at an AISC of US$1210 / oz. Cash flow from Phase 1 will be used to grow the global hard rock resource base and demonstrate the economic viability of the much larger hard rock resource base (Phase 2).
The district currently contains 43-101 compliant Indicated and Inferred resources of 1.2Moz, which was last updated in September 2022. Three new deposits have been identified since that time and the Company is working towards an updated resource estimate by end-2026. All of the deposits identified so far are open, particularly at depth, and the district contains over 50 additional targets. In March 2026 the Company drilled 9.5m @ 87.4 g/t gold at the Jeriumum Cima discovery.