{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Company Interviews","title":"Cabral Gold (TSXV:CBR) - Positive PFS Shows Low-Cost, High-Return Gold Starter Operation","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/fdd45349\"></iframe>","width":"100%","height":180,"duration":1345,"description":"Interview with Alan Carter, President & CEO of Cabral Gold Inc.Our previous interview: https://www.cruxinvestor.com/posts/cabral-gold-tsxvcbr-near-term-production-potential-in-brazil-aiming-for-2026-startup-5924Recording date: 23rd October 2024Cabral Gold has unveiled a strategic Pre-Feasibility Study (PFS) for its Cuiú Cuiú oxide gold project in Brazil's Tapajós region, presenting a compelling pathway to self-funded growth through a low-capital starter project with robust economics.The PFS outlines a modest initial capital requirement of US$37 million for a 2,000 tonnes-per-day operation targeting oxide resources. At current gold prices around $2,700/oz, the project demonstrates exceptional economics with a post-tax IRR exceeding 80% and potential annual profits of approximately US$34 million. Even at a more conservative gold price of $2,250/oz, the project maintains a strong 47.3% IRR.Key to the project's attractive economics is its simplified mining and processing approach. The operation will exploit a 60-meter thick weathered cap of oxidized material that requires no drilling or blasting, significantly reducing mining costs. Additionally, the material's clay-like nature eliminates the need for conventional crushing and grinding circuits, substantially lowering both capital and operating costs. All-in sustaining costs are projected at just over $1,000/oz in the initial years.While the current PFS contemplates a 4.5-year mine life, it incorporates only 25% of the available indicated and inferred oxide resources. The company has identified significant potential to expand the oxide resource base, suggesting a considerably longer operational life.The strategic rationale centers on generating consistent cash flow to fund exploration across Cabral's district-scale property, which hosts 50 identified gold targets. The project's projected US$34-35 million annual profit would enable aggressive exploration without relying on equity markets, potentially supporting 5-6...","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}