{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Company Interviews","title":"Cabral Gold (TSXV:CBR) - Fast-Tracking Cash Flow to Unlock a New Gold District","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/bbec2d55\"></iframe>","width":"100%","height":180,"duration":799,"description":"Interview with Alan Carter, President & CEO of Cabral Gold Inc.Our previous interview: https://www.cruxinvestor.com/posts/cabral-gold-tsxvcbr-targeting-first-revenues-within-15-months-4698Recording date: 6th February 2024Fast-Tracking Cash Flow to Unlock a New Gold DistrictCabral Gold is advancing the high-grade Cuiú Cuiú gold project in northern Brazil with the aim of transforming into a profitable producer within 12-18 months. A focus on developing shallow high-grade saprolite (oxide) resources could generate early cash flows to support expanding into the larger underlying bedrock deposits. Recent drilling suggests growth potential well beyond the current 1.2M ounce resource, with at least 30 identified mineralized zones across the 20km long property. Trading at under $30/oz, Cabral offers upside leverage to higher gold prices with minimal risk.Rapid Development of Enriched Near-Surface ZonesExtensive weathering at Cuiú Cuiú over millions of years has created thick blankets of saprolite extending up to 60m deep. Gold grades within this soft, free-digging material are comparable or often higher than the underlying unweathered bedrock. Significant metallurgical testwork demonstrates 80-95%+ gold recoveries using simple heap leach processing. With very low mining costs and cut-off grades, Cabral plans to rapidly advance Cuiú Cuiú’s saprolite resources to production.A prefeasibility study examining a 5,000 tpd heap leach operation is on track for completion in Q2 2024. Based on positive economics, management anticipates making a construction decision in Q3 2024 once financing is arranged. The relatively low initial capex under $100M significantly derisks funding, allowing first gold production targeted by mid-2025. Investors are essentially funding a de-risked project with a very short timeline to cash flow.Growing Resource Base Supports District PotentialWhile Cabral’s existing 1.2M ounce resource will form the basis for the initial Phase 1 saprolite mine, recent...","thumbnail_url":"https://img.transistorcdn.com/1wv-MFlQAgnm-ca64e5kK4984dZB0os8-HJdRVsI74M/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzEzNTcyLzE2MjM5/NTQyMDctYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}