Cabral Gold Receives Second and Final Tranche Regarding the NSR Royalty Agreement With Osisko Gold Royalties on the Cuiú Cuiú Gold Project, Brazil
Cabral Gold Receives Second and Final Tranche Regarding the NSR Royalty Agreement With Osisko Gold Royalties on the Cuiú Cuiú Gold Project, Brazil
Vancouver, 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 Cuiú Cuiú gold project for a total cash consideration of US$5 million.
不列顛哥倫比亞省溫哥華--(Newsfile Corp. — 2023 年 7 月 28 日)- Cabral Gold Inc. (TSXV: CBR)(場外交易代碼:CBGZF) (“Cabral” 或 “公司“) 很高興地宣佈,它已收到與Osisko Gold Royalties Ltd.(“Osisko”)(或:多倫多證券交易所和紐約證券交易所)於2023年7月12日宣佈的特許權使用費協議相關的第二筆也是最後一筆250萬美元的250萬美元特許權使用費,總現金對價爲 500 萬美元。
Cuiú Cuiú Project
Cuiué Cuiué 項目
Cuiú Cuiú is an advanced gold exploration and development project located in the state of Para, Brazil, immediately adjacent to the Tocantinzinho gold project which is currently under construction.
Cuiué Cuiuá是一個先進的黃金勘探和開發項目,位於巴西帕拉州,毗鄰目前正在建設的Tocantinzinho金礦項目。
The Cuiú Cuiú project hosts NI 43-101 compliant mineral inventory of 21.6 M @ 0.87 g/t gold (604,000oz) in the Indicated Resources category and 19.8 Mt @ 0.84 g/t gold (534,500 oz) in the Inferred Resources category, as per the 43-101 technical report dated October 12, 2022.
根據2022年10月12日的43-101技術報告,Cuiué Cuiuá項目擁有符合NI 43-101標準的礦產庫存,在指定資源類別中爲2160 M @ 0.87 g/t黃金(60.4萬盎司),推斷資源類別的19.8 Mt @ 0.84 g/t黃金(534,500盎司)。
A Prefeasibility Study considering potential exploitation of weathered oxide saprolitic gold mineralization is currently being undertaken by Ausenco. If positive, the study should pave the way for a construction decision for trial mining and heap-leach processing of the near-surface oxide gold mineralization at Cuiú Cuiú.
Ausenco目前正在進行一項預可行性研究,考慮對風化氧化物腐殖質金礦化的潛在開採。如果是積極的,該研究將爲Cuiué Cuiu的近地表氧化金礦化的試採和堆浸處理的施工決策鋪平道路。
Details of the Transaction
交易的細節
Cabral has granted Osisko a 1% NSR royalty from the production of all products from the Cuiú Cuiú property. The total consideration is US$5 million which has been paid in two tranches; US$2.5 million was paid on closing and the remaining US$2.5 million was paid on July 26, 2023 following the registration of certain security pledges.
卡布拉爾給了奧西斯科一個Cuiué Cuiué 物業生產的所有產品均收取 1% 的 NSR 特許權使用費。總對價爲500萬美元,已分兩批支付;250萬美元在收盤時支付,其餘250萬美元在登記某些安全承諾後於2023年7月26日支付。
Following the completion of a Feasibility Study, Cabral will pay Osisko US$250,000 on the date thereof and each subsequent anniversary of said completion by way of an advance payment, until the commencement of commercial production. These payments shall be credited against future royalty payments due under the royalty agreement.
可行性研究完成後,卡布拉爾將在可行性研究之日以及該完成後的每個週年紀念日向奧西斯科支付25萬美元,作爲預付款,直到開始商業生產。這些款項應記入根據特許權使用費協議應支付的未來特許權使用費。
The terms of the transaction allow Cabral to use a portion of the proceeds for general working capital purposes.
交易條款允許Cabral將部分收益用於一般營運資金用途。
The parties have registered a pledge of shares in Cabral Gold B.C., and Cabral's wholly-owned subsidiary in Brazil. The transaction also grants Osisko certain additional rights on future royalty and stream financings.
雙方已經登記了Cabral Gold B.C. 和Cabral在巴西的全資子公司的股份質押。該交易還授予Osisko對未來特許權使用費和直播融資的某些額外權利。
About Cabral Gold Inc.
關於 Cabral Gold Inc.
The Company is a junior resource company engaged in the identification, exploration and development of mineral properties, with a primary focus on gold properties located in Brazil. The Company has a 100% interest in the Cuiú Cuiú gold district located in the Tapajós Region, within the state of Pará in northern Brazil. Two main gold deposits have so far been defined at the Cuiú Cuiú project which contains National Instrument 43-101 compliant Indicated resources of 21.6Mt @ 0.87 g/t gold (604,000 oz) and Inferred resources of 19.8Mt @ 0.84 g/t gold (534,500 oz) as per the 43-101 technical report dated October 12, 2022.
該公司是一家初級資源公司,從事礦產的識別、勘探和開發,主要專注於位於巴西的黃金地產。該公司對位於巴西北部帕拉州塔帕霍斯地區的Cuiué Cuiuí黃金區持有100%的權益。根據2022年10月12日的43-101技術報告,到目前爲止,Cuiué Cuiué項目已經定義了兩個主要的金礦,該項目包含符合國家儀器43-101標準的指示資源爲21.6Mt @ 0.87 g/t黃金(60.4萬盎司),推斷資源爲19.8萬克/噸黃金(534,500盎司)。
The Tapajós Gold Province is the site of the largest gold rush in Brazil's history which according to the ANM (Agência Nacional de Mineração or National Mining Agency of Brazil) produced an estimated 30 to 50 million ounces of placer gold between 1978 and 1995. Cuiú Cuiú was the largest area of placer workings in the Tapajós and produced an estimated 2Moz of placer gold historically.
塔帕霍斯黃金省是巴西曆史上規模最大的淘金熱的地點,根據ANM(Agencia Nacional de Mineracao 或巴西國家礦業局)的數據,該省在1978年至1995年間估計生產了3000萬至5000萬盎司的砂金。Cuiué Cuiuá是塔帕霍人最大的砂礦開採區,歷史上估計生產了2Moz的砂金。
FOR FURTHER INFORMATION PLEASE CONTACT:
欲了解更多信息,請聯繫:
"Alan Carter"
President and Chief Executive Officer
Cabral Gold Inc.
Tel: 604.676.5660
“艾倫·卡特”
總裁兼首席執行官
Cabral Gold Inc.
電話:604.676.5660
Neither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
多倫多證券交易所風險交易所及其監管服務提供商(該術語在多倫多證券交易所風險交易所的政策中定義)均不對本新聞稿的充分性或準確性承擔責任。
Guillermo Hughes, MAusIMM and FAIG., a consultant to the Company as well as a Qualified Person as defined by National Instrument 43-101, supervised the preparation of the technical information in this news release.
Guillermo Hughes、MauSimm和FAIG. 是公司的顧問,也是國家儀器43-101所定義的合格人員,他們監督了本新聞稿中技術信息的準備工作。
Forward-looking Statements
前瞻性陳述
This news release contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively "forward-looking statements"). The use of the words "will", "expected" and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Such forward-looking statements should not be unduly relied upon. The Company believes the expectations reflected in those forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct.
本新聞稿包含適用證券立法所指的某些前瞻性信息和前瞻性陳述(統稱 “前瞻性陳述”)。使用 “將”、“預期” 和類似表達方式旨在識別前瞻性陳述。這些陳述涉及已知和未知的風險、不確定性和其他因素,這些因素可能導致實際結果或事件與此類前瞻性陳述中的預期結果或事件存在重大差異。不應過度依賴此類前瞻性陳述。公司認爲,這些前瞻性陳述中反映的預期是合理的,但無法保證這些預期會被證明是正確的。
To view the source version of this press release, please visit
要查看本新聞稿的源版本,請訪問
譯文內容由第三人軟體翻譯。