Cabral Gold Provides Update on Prefeasibility Study Regarding Exploitation of Near-Surface Gold-in-Oxide Mineralization at Cuiú Cuiú Gold Project, Brazil
Cabral Gold Provides Update on Prefeasibility Study Regarding Exploitation of Near-Surface Gold-in-Oxide Mineralization at Cuiú Cuiú Gold Project, Brazil
Vancouver, British Columbia--(Newsfile Corp. - November 23, 2023) - Cabral Gold Inc. (TSXV: CBR) (OTC PINK: CBGZF) ("Cabral" or the "Company") is pleased to provide an update of the ongoing trial-mining pre-feasibility study regarding exploitation of near-surface gold-in-oxide mineralization at both the Central and MG gold deposits within the Cuiú Cuiú gold district in northern Brazil.
不列顛哥倫比亞省溫哥華--(新聞文件公司-2023 年 11 月 23 日)- Cabral Gold Inc. (多倫多證券交易所股票代碼:CBR)(場外交易股票:CBGZF)(“Cabral” 或 “公司“)很高興提供正在進行的試採預可行性研究的最新情況,該研究涉及在巴西北部Cuiué Cuiué金區內Central和MG金礦牀上開採近地表氧化金礦化。
Highlights
亮點
- The RC drilling program at Cuiú Cuiú continues to make excellent progress with a total of 69 holes completed to date. Results are currently pending on 31 RC holes from Central, 12 RC holes and nine power auger holes from MG, and 12 RC holes from Machichie where previous drilling indicates the potential for a new zone of gold-in-oxide mineralization
- Cuiué Cuiué 的 RC 鑽探計劃繼續取得良好的進展,迄今共完成了 69 個孔。目前,來自中央的31個鋼筋混凝土孔、來自MG的12個鋼筋混凝土鑽孔和9個動力螺旋鑽孔以及來自Machichie的12個反滲透孔的結果尚待公佈,之前的鑽探表明有可能出現新的氧化物中金礦化區域
- Drilling results to date support the strategic direction of developing a high grade / high margin project based on the gold-in-oxide blanket above the primary sulphide-hosted orebody at Cuiú Cuiú. Early indications from the drilling point to the potential for an increase in high grade inventory, closer to the surface
- 迄今爲止的鑽探結果支持了開發高品位/高利潤率項目的戰略方向,該項目基於Cuiué Cuiuu的初級硫化物礦體上方的氧化金層。從鑽探點到接近地表的高品位庫存有可能增加的早期跡象
- Additional metallurgical test work including column-leach tests are planned to better understand the gold recoveries of both the high-grade and low-grade gold-in-oxide ore at Central and MG. Additional metallurgical samples are currently being collected
- 計劃進行其他冶金測試工作,包括柱浸測試,以更好地了解中央和MG的高品位和低品位氧化金礦石的黃金回收率。目前正在收集更多的冶金樣品
- Pronorte Geotecnica Ltda ("Pronorte") has been contracted to complete a program of geotechnical drilling at Cuiú Cuiú consisting of an initial 16 diamond-drill holes and 30 power-auger holes. The drill rig has arrived on site and drilling has commenced
- Pronorte Geotecnica Ltda(“Pronorte”)已簽訂合同,在庫尤完成一項岩土工程鑽探計劃,包括最初的16個鑽石鑽孔和30個動力螺旋孔。鑽機已經到達現場,鑽探已經開始
- A LIDAR topographic survey was recently completed on site and will be used to accurately design the construction of the mine and associated infrastructure
- 最近在現場完成了激光雷達地形測量,將用於精確設計礦山和相關基礎設施的建設
- Dewick Brazil Inc. ("Deswick") has been contracted to complete a mine plan as part of the trial-mining pre-feasibility study ("PFS"). This work will be undertaken following the completion of both the current drill program and a revised resource estimate for the gold-in-oxide material
- 作爲試採預可行性研究(“PFS”)的一部分,Dewick Brazil Inc.(“Deswick”)已簽訂合同,負責完成採礦計劃。這項工作將在當前的鑽探計劃和氧化金材料的修訂資源估計數完成後進行
Alan Carter, Cabral's President and CEO commented, "The ongoing PFS at Cuiú Cuiú continues to make excellent progress on a range of different fronts. The commencement of the geotechnical drilling program and the arrival of a second rig on site is an important step forward, as is the completion of the LIDAR topographic survey which will provide critical input into the design of the mine and the layout of the associated processing infrastructure. In addition, the excellent initial drill results from the program of RC drilling at the MG and Central gold deposits has provided further confirmation that high grades occur within the near surface oxide blanket and underlying saprolite mineralized material, both of which are expected to be free digging. We look forward to receiving additional metallurgical results from the ongoing studies which are designed to better understand the scalability, optimal cement-ore ratios, agglomeration and compaction-permeability tests on samples to determine potential stack heights."
Cabral總裁兼首席執行官艾倫·卡特評論說:“Cuiué Cuiué正在進行的PFS繼續在一系列不同方面取得出色進展。岩土工程鑽探計劃的啓動和第二臺鑽機的到達現場是向前邁出的重要一步,激光雷達地形測量的完成也是如此,這將爲礦山的設計和相關加工基礎設施的佈局提供關鍵信息。此外,在MG和Central金礦牀進行反滲透鑽探計劃的出色初步鑽探結果進一步證實,近地表氧化層和下層的腐蝕巖礦化材料中存在較高的品位,預計這兩者都是自由開採的。我們期待從正在進行的研究中獲得更多冶金結果,這些研究旨在更好地了解樣品的可擴展性、最佳水泥礦石比、團聚和壓實滲透率測試,以確定潛在的堆疊高度。”
Update regarding Pre-feasibility Study
關於預可行性研究的最新信息
The Company is making good progress on a 43-101 compliant PFS regarding the economic viability of mining and heap leach processing of the gold-in-oxide material at the Central and MG gold deposits at Cuiú Cuiú. The Company has contracted Ausenco do Brasil Engenharia Ltda ("Ausenco") to complete the study.
該公司在符合43-101標準的PFS方面取得了良好進展,該報告涉及在Central和Cuiué Cuiué的鎂金礦牀上對氧化金材料進行開採和堆浸處理的經濟可行性。該公司已與Ausenco do Brasil Engenharia Ltda(“Ausenco”)簽訂合同,以完成這項研究。
The Company is currently conducting a program of RC drilling at both the MG and Central deposits as part of the PFS. A total of 69 holes have been completed thus far and results have been released on the initial 14 holes (six holes from MG and eight holes from Central). Initial results have been highly encouraging and include 27m @ 1.9 g/t from surface at MG (see press release dated October 12, 2023) and 16m @ 5.2 g/t gold from 7m depth at Central (see press released dated November 2, 2023).
作爲PFS的一部分,該公司目前正在MG和Central礦牀進行反滲透鑽探計劃。到目前爲止,共完成了69個洞,最初的14個洞(MG有6個洞,Central有8個洞)的結果已經公佈。初步結果非常令人鼓舞,包括來自MG地表的27m @ 1.9克/噸黃金(見2023年10月12日的新聞稿),以及來自中部7米深度的16m @ 5.2克/噸黃金(見2023年11月2日發佈的新聞稿)。
In addition, results are pending on 12 holes which have been completed at the Machichie target, where previous drilling suggests the presence of a significant gold discovery (see press release dated January 7, 2021). Previous drilling in the weathered oxide material returned values up to 34m @ 5.4 g/t gold from 0 to 34m depth including 13m @ 13.4 g/t gold from 18 to 31m depth.
此外,在Machichie目標區已經完成的12個鑽孔的結果尚待確定,之前的鑽探表明那裏發現了一個重要的金礦(見2021年1月7日的新聞稿)。先前在風化氧化物材料中鑽探的金在0至34米深度返回了高達34m @ 5.4 g/t的黃金,其中包括18至31米深度的13m @ 13.4 g/t的黃金。
Results are currently pending on 31 RC holes from Central, 12 RC holes and nine power-auger holes from MG and 12 RC holes from Machichie.
目前,來自Central的31個鋼筋混凝土孔、來自MG的12個RC洞和9個動力螺旋鑽孔以及來自Machichie的12個反滲透孔的結果正在等待中。
Ausenco and Cabral have also elected to undertake additional metallurgical testwork to better understand the ore characteristics and optimize the processing envelopes (throughput rates, recovery rates, leaching times, pad heights etc.). These studies are designed to better understand the leaching characteristics of the entire resource base as well as the scalability, optimal cement-ore ratios, agglomeration and compaction-permeability tests on samples for various potential stack heights.
Ausenco和Cabral還選擇進行額外的冶金測試工作,以更好地了解礦石特性並優化加工範圍(產量、回收率、浸出時間、墊層高度等)。這些研究旨在更好地了解整個資源基礎的浸出特性,以及對不同潛在堆疊高度樣品的可擴展性、最佳水泥礦石比率、團聚和壓實滲透率測試。
Pronorte has been contracted to complete a program of geotechnical drilling aimed at understanding the overall ground conditions at Cuiú Cuiú prior to the erection of the heap leach pads, the agglomeration and ADR plants and associated infrastructure. A total of 16 diamond-drill holes and 30 power-auger holes are planned. Drilling is in progress.
Pronorte已簽訂合同,負責完成一項岩土工程鑽探計劃,該計劃旨在了解Cuiué Cuiué的整體地質狀況,然後再建造堆濾臺、集聚區和ADR工廠以及相關基礎設施。計劃共鑽16個金剛石鑽孔和30個動力螺旋鑽孔。鑽探正在進行中。
The Company recently completed a LIDAR topographic survey as part of the PFS. LIDAR is an acronym which stands for Light Detection and Ranging and uses infra-red light in the form of lasers to precisely measure distances. The LIDAR instrument consists of a laser, a scanner and a GPS receiver mounted on a drone platform, and will be used to accurately design the construction of the mine and associated infrastructure.
作爲PFS的一部分,該公司最近完成了激光雷達地形測量。LIDAR 是一個首字母縮略詞,代表光探測和測距,它使用激光形式的紅外光來精確測量距離。激光雷達儀器由安裝在無人機平台上的激光、掃描儀和GPS接收器組成,將用於精確設計礦山和相關基礎設施的建設。
The Company has hired Deswick to complete a mine plan as part of the PFS. This work will be completed from December 2023 to February 2024 in conjunction with Ausenco who are supervising the PFS. Deswick is a provider of various mine planning software and consulting services to the mining industry and has a global reach. The work will be completed following an update of the near-surface high-grade oxide resources which will include the recent drill results from the current RC drilling program.
作爲PFS的一部分,該公司已聘請Deswick完成採礦計劃。這項工作將在2023年12月至2024年2月期間與監督PFS的Ausenco共同完成。Deswick是爲採礦業提供各種礦山規劃軟件和諮詢服務的提供商,業務範圍遍及全球。這項工作將在更新近地表高品位氧化物資源後完成,其中包括當前反滲透鑽探計劃的最新鑽探結果。
The ongoing PFS continues to evolve and is generating opportunities to optimize the value of the project. These opportunities include the potential to increase the amount of material mined and processed, which may allow for reduced unit operating costs through greater economies of scale, the potential to optimize gold recoveries, and potential capex savings. In order to capture these opportunities within the 43-101 compliant PFS additional time has been allowed which will mean that the PFS results are now expected in Q2 2024.
正在進行的PFS不斷髮展,爲優化項目價值創造了機會。這些機會包括增加材料開採和加工量的潛力,這可能通過更大的規模經濟降低單位運營成本、優化黃金回收率的潛力以及潛在的資本支出節省。爲了在符合43-101標準的PFS中抓住這些機會,已經允許延長時間,這意味着PFS的結果現在預計將在2024年第二季度公佈。
Completion of debt settlement
完成債務清算
Cabral also announces that further to its press release of November 2, 2023, the Company has settled an aggregate of C$186,352 of debt (the "Debt Settlement") owed to certain creditors by issuing an aggregate of 1,620,446 common shares (the "Shares") of the Company at a deemed price of C$0.115 per Share.
卡布拉爾還宣佈,繼2023年11月2日的新聞稿之後,公司以每股0.115加元的認定價格發行了總計1,620,446股公司普通股(“股票”),清償了欠某些債權人的總額爲186,352加元的債務(“債務清算”)。
A total of 358,762 of the Shares have been issued pursuant to the Debt Settlement to an arm's-length creditor in settlement of C$41,258 for geological consulting services rendered up to February 28, 2023. An additional, 1,261,684 of the Shares have been issued pursuant to the Debt Settlement to Dr. Alan Carter, a director and CEO and President of the Company, as payment for accrued interest of $145,094 through September 30, 2023, on a loan provided to the Company by Dr. Carter. For further information regarding the loan with Dr. Carter please see the Company's news release dated March 7, 2023.
根據債務和解協議,共向獨立債權人發行了358,762股股份,以41,258加元結算,用於支付截至2023年2月28日提供的地質諮詢服務。另有1,261,684股股票是根據債務和解協議向公司董事兼首席執行官兼總裁艾倫·卡特博士發行的,用於支付卡特博士向公司提供的貸款截至2023年9月30日的145,094美元的應計利息。有關向卡特博士貸款的更多信息,請參閱該公司於2023年3月7日發佈的新聞稿。
The securities to be issued pursuant to the Debt Settlement are subject to a four-month hold period in accordance with applicable securities laws.
根據適用的證券法,根據債務清算髮行的證券有四個月的持有期。
The issuance of 1,261,684 Shares pursuant to the Debt Settlement to Dr. Carter constitutes a "related party transaction" as defined under Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company is relying on exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 for related party transactions in connection with the Debt Settlement contained in section 5.5(b) and section 5.7(1)(a) of MI 61-101, on the basis that the Company is not listed on specified markets and the fair market value of the securities of the Company to be issued to related parties does not exceed 25% of its market capitalization, as determined in accordance with MI 61-101.
根據債務和解協議向卡特博士發行1,261,684股股票構成 “關聯方交易”,定義見第61-101號多邊文書 在特殊交易中保護少數證券持有人 (“MI 61-101”)。該公司依賴MI 61-101的正式估值和小股東批准要求豁免與MI 61-101中債務清算相關的關聯方交易,其依據是該公司未在特定市場上市,公司向關聯方發行的證券的公允市場價值不超過其市值的25%(如前所述)使用 MI 61-101。
The securities offered have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or applicable exemption from the registration requirements.
所發行的證券過去和將來都不會根據經修訂的1933年《美國證券法》進行註冊,如果沒有註冊或適用的註冊要求豁免,則不得在美國發行或出售。
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,主要關注位於巴西的黃金地產。該公司持有位於巴西北部帕拉州塔帕霍斯地區的庫伊烏庫烏黃金區的100%權益。根據2022年10月12日的43-101號技術報告,Cuiué Cuiué項目迄今已確定了兩個主要的金礦牀,該項目包含符合國家儀器43-101標準的216萬噸 @ 0.87克/噸黃金(60.4萬盎司)的指示資源和1980萬噸 @ 0.84克/噸黃金(534,500盎司)的推斷資源。
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
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。
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。
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。
Notes
注意事項
Gold analysis has been conducted by SGS method FAA505 (fire assay of 50g charge), with higher grade samples checked by FAA525. Analytical quality is monitored by certified references and blanks. Until dispatch, samples are stored under the supervision the Company's exploration office. The samples are couriered to the assay laboratory using a commercial contractor. Pulps are returned to the Company and archived. Drill hole results are quoted as down-hole length weighted intersections.
黃金分析是通過 SGS 方法 FAA505(50g 裝藥的火試驗)進行的,更高等級的樣品由 FAA525 檢查。分析質量由經過認證的參考文獻和空白進行監控。在發貨之前,樣品將在公司勘探辦公室的監督下儲存。樣本由商業承包商運送到化驗實驗室。紙漿被退回公司並存檔。鑽孔結果以井下長度加權交叉點表示。
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。