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Cabral Gold Inc T.CBR.A


Primary Symbol: V.CBR Alternate Symbol(s):  CBGZF

Cabral Gold Inc. is a Canada-based junior resource company. The Company is engaged in the identification, exploration and development of mineral properties, with a primary focus on gold properties located in Brazil. The Company’s projects include Cuiu Cuiu gold project and Bom Jardim project. The Company has a 100% interest in the Cuiu Cuiu gold district located in the Tapajos Region, within the state of Para in northern Brazil. The Cuiu Cuiu gold project consists of several shear zone-hosted gold deposits that occur within granitic rocks of the Cuiu Cuiu Complex, in the Tapajos Region of northern Brazil. The Bom Jardim project is located about 25 kilometers (km) northwest of the Cuiu Cuiu property and 45 km NW of Eldorado’s 2.5M oz Tocantinzinho deposit. It controls two exploration licenses comprising more than 13,000 hectares covering the headwaters and source areas of the Bom Jardim district.


TSXV:CBR - Post by User

Bullboard Posts
Post by broxburnboyon Apr 18, 2008 5:38pm
255 Views
Post# 14987221

Remaining assets in Australia

Remaining assets in Australia
I asked investor relations about the remaining assets in Australia:

Upon closing of theCoolgardie Project sale, Committee Bay will only own the Jaurdi HillsProperty which is northwest of the Coolgardie Project. The drilling company anddrilling crew will come under Committee Bay ownership but the staff from theRedemption Joint Venture will stay with thatproject.


Also it is interesting to note that at today's rate we have about 1Million CDN foreign exchange gain since the deal was announced Feb 1.  The Australian dollar has appreciated about 4% against the loonie in that time period. Yet more value.....


Bullboard Posts