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Cabral Gold Announces U.S. Listing on OTCQB
Newsfile·2025-07-24 10:30

Company Overview - Cabral Gold Inc. is a junior resource company focused on the identification, exploration, and development of mineral properties, primarily gold properties in Brazil [4] - The company holds a 100% interest in the Cuiú Cuiú gold district located in the Tapajós Region of Pará, Brazil, which has defined three main gold deposits [4] Resource Estimates - The Cuiú Cuiú project contains National Instrument ("NI") 43-101 compliant Indicated resources of 12.29 million tonnes (Mt) at 1.14 grams per tonne (g/t) gold, totaling approximately 450,200 ounces [4] - Additionally, it has Indicated resources of 11.11 Mt at 0.48 g/t gold, amounting to about 171,883 ounces [4] - Inferred resources include 13.63 Mt at 1.04 g/t gold (approximately 455,100 ounces) and 12.22 Mt at 0.39 g/t gold (about 151,608 ounces) [4] Market Listing - Cabral Gold's common shares have begun trading on the OTCQB marketplace under the symbol "CBGZF," while continuing to trade on the TSX Venture Exchange under the symbol "CBR" [1][2] - The listing on OTCQB is expected to enhance visibility and liquidity for US investors, facilitating easier access to Cabral shares [2][3] CEO Statement - Alan Carter, CEO of Cabral, emphasized that the OTCQB listing will introduce the company to a larger audience and improve stock liquidity, which is crucial for the company's development [3] - He noted the importance of the US market for accessing larger pools of capital [3] Historical Context - The Tapajós Gold Province experienced the largest gold rush in Brazil's history, producing an estimated 30 to 50 million ounces of placer gold from 1978 to 1995 [5] - Cuiú Cuiú was the largest area of placer gold workings in the Tapajós, historically producing around 2 million ounces of placer gold [5]