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Cabral Gold Inc 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

Post by Betteryear2on Jul 28, 2023 8:52pm
106 Views
Post# 35562748

Cabral Gold Receives Second and Final Tranche

Cabral Gold Receives Second and Final TrancheVancouver, British Columbia--(Newsfile Corp. - July 28, 2023) -  Cabral Gold Inc. (TSXV: CBR) (OTC: CBGZF) ("Cabral" or the "Company") is pleased to announce that it has received the second and final US$2.5 million tranche relating to the royalty agreement with Osisko Gold Royalties Ltd. ("Osisko") (OR: TSX & NYSE) announced on July 12, 2023 pursuant to which Osisko agreed to purchase a 1% net smelter return ("NSR") royalty on the Cui Cui gold project for a total cash consideration of US$5 million.

Cabral Gold Receives Second and Final Tranche Regarding the NSR Royalty Agreement with Osisko Gold Royalties on the Cui Cui Gold Project, Brazil (newsfilecorp.com)
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