Northwire Canada EditionFriday, July 10, 2026
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TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0% TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0%
Drill Results Routine +

Cabral Gold Drills 10.2m @ 8.7 g/t Gold Including 1.3m @ 62.5 g/t Gold at Jerimum Cima Target, Cuiu Cuiu Gold District, Brazil

Cabral Gold Extends Jerimum Cima Discovery as Phase 1 Construction Nears Completion

By The Northwire Desk — AI Analysis May 13, 2026 · 06:31 CBR · 1.0 Cabral Gold Inc.
Executive Summary
  • Cabral Gold announced significant diamond drill results from the Jerimum Cima target within the Cuiú Cuiú Gold District, Brazil.
  • Drill hole DDH378 returned 10.2m @ 8.7 g/t gold including 1.3m @ 62.5 g/t gold.
  • The high-grade zone extends at least 455 metres along strike and remains open to the east and at depth.
  • Broader E-W trending mineralized zone estimated up to 200m wide and extends at least 750m along strike.
  • Continued infill drilling at the MG gold deposit confirmed good grades within weathered saprolite.
  • Phase 1 gold-in-oxide mining production expected to commence in Q4 2026.
Material Impact
  • The news confirms and extends a high-grade discovery previously announced in March 2026 (9.5m @ 87.4 g/t Au), validating the district's potential beyond Phase 1 oxide resources.
  • While positive, this is an extension of known mineralization rather than a new discovery or fundamental change to project economics; market expectations for high-grade hard rock targets were already priced in following the March announcement and subsequent financing.
  • The results support long-term resource growth for Phase 2 but do not materially alter the immediate Q4 2026 production timeline of the funded Phase 1 oxide operation.
  • Given the recent $20M bought deal financing (April 2026) at C$0.95, the current price action around $1.00 suggests limited upside from this specific drill release alone without a catalyst like production start or reserve upgrade.
CBR · Price
Company Overview
  • Company: Cabral Gold Corp., focused on the Cuiú Cuiú Gold District in Pará, Brazil.
  • Flagship Project: Phase 1 gold-in-oxide heap leach operation at MG/Central deposits; Phase 2 hard rock development.
  • Strategy: Two-stage development using a starter oxide operation to generate cash flow for exploration and future hard rock expansion.
  • Production Target: Q4 2026 commercial production with ~25,000 oz/yr initial output.
  • Cost Profile: All-in-sustaining cost (AISC) estimated at US$1,210/oz in base case PFS.
Read the original news release →

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Jul 09, 2026 · 06:30

Cabral begins heap-leach commissioning with Q4 production targets intact amid steady progress at its project.

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Drill Results Jun 11, 2026 · 06:31

Cabral’s pre-production infill drilling validates high-grade oxide resources ahead of the Q4 2026 heap-leach ramp-up at its project.

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