Cabral Gold (OTCPK:CBGZ.F) 2025 Conference Transcript

Summary of Cabral Gold Conference Call Company Overview - Company: Cabral Gold Inc. (OTCPK:CBGZ.F) - Industry: Junior mining, specifically gold mining - Location: Brazil, specifically southeastern Pará State - Market Cap: Approximately $120 million with 273 million shares issued [6][6] Key Points and Arguments - Gold Project: Cabral Gold has a gold deposit of 1.2 million ounces, with potential to grow to 5 to 10 million ounces based on geological assessments [4][25] - Historical Context: The Tapajós region is known for the largest gold rush in history during the 1980s, with significant placer gold recovery [7][7] - Development Strategy: The company plans a two-stage development strategy, starting with mining saprolite material, which is expected to generate approximately $75 million annually at current gold prices [5][17] - Drilling and Discoveries: In the last three years, four new gold discoveries have been made, with ongoing drilling expected to yield significant results [10][27] - High-Grade Results: Recent drilling results include 11 meters at 33 grams per ton and 12 meters at 27 grams per ton, indicating high-grade gold deposits [10][14] - Resource Update: A resource update is anticipated within the next 12 months, with an additional 20,000 meters of drilling planned [27][27] Financial Aspects - Funding Needs: The initial capital cost for the starter operation is estimated at $37 million, with a construction decision expected soon [22][22] - Profitability Metrics: The internal rate of return (IRR) is projected at 78% at a gold price of $2,500 and 151% at $3,500, with an all-in sustaining cost of $1,200 per ounce [20][20] Management and Investment - Management Commitment: The CEO has invested $2 million of personal funds into the company, highlighting management's commitment to the project [6][28] - Market Position: The company is positioned next to G Mining Ventures, which operates Brazil's third-largest gold mine, providing a strategic advantage [8][29] Additional Insights - Exploration Potential: There are 50 other targets identified within the district, indicating a rich exploration potential beyond the current deposits [15][15] - Community and Environmental Considerations: The company does not foresee significant risks from small-scale miners due to the location of their deposits on hilltops [24][24] Conclusion Cabral Gold Inc. presents a compelling investment opportunity in the gold mining sector, with significant growth potential, strong management commitment, and a strategic location adjacent to established gold operations. The upcoming resource update and financing efforts are key catalysts to watch in the next 12 months [26][26]