tiprankstipranks
Trending News
More News >

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

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

Confident Investing Starts Here:

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

Find detailed analytics on CBR stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App