Cabral Gold Reports High-Grade Drill Results at Machichie NE Target

Cabral Gold ( (TSE:CBR) ) just unveiled an announcement.

Cabral Gold Inc. announced significant drill results from the Machichie NE target in the Cuiú Cuiú Gold District, Brazil, highlighting a high-grade intercept of 12 meters at 27.7 g/t gold. This discovery, along with previous results, indicates a substantial zone of bonanza-grade gold mineralization, which remains open in all directions. The findings suggest potential for further high-grade discoveries, enhancing Cabral’s exploration prospects and positioning within the gold mining sector.

More about Cabral Gold

Cabral Gold Inc. is a company operating within the mining industry, focusing primarily on gold exploration and development. The company is engaged in the exploration of gold deposits in the Cuiú Cuiú Gold District in Brazil, aiming to identify and develop high-grade gold resources.

YTD Price Performance: 46.88%

Average Trading Volume: 166,478

Technical Sentiment Signal: Strong Sell

Current Market Cap: $50.95M

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