Cabral Gold Finds New Area of Mineralisation

Cabral Gold  (TSX.V: CBR)
Provided assay results from eleven new trenches excavated along strike and immediately west of the previously drilled Machichie Main zone within the Cuiú Cuiú gold district.
Highlight was trench CT0049, which  returned 96.5m @ 0.6 g/t gold.

 

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Cabral Gold TSX.V : CBR
Stage Exploration
Metals Gold
Market cap C$42.5 m   @ 30.5c
Location Cuiú Cuiú , Tapajos, Para State, Brazil

 

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Cabral Gold

Cabral Gold map (figure 1)

Figure 1: Map showing the location of the Central and MG gold deposits, the recent discoveries at PDM and Machichie, the three oxide blankets and the new Machichie West area. Other key gold targets are shown as yellow circles.

 

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Cabral Gold Identifies New Area of Extensive Gold Mineralization

West of Machichie Main Zone, Cuiú Cuiú Gold District 

Vancouver, British Columbia – August 4, 2022 – Cabral Gold Inc. (TSX.V: CBR)  (“Cabral” or the “Company”)  is pleased to provide assay results from eleven new trenches excavated along strike and immediately west of the previously drilled Machichie Main zone within the Cuiú Cuiú gold district.
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Highlights are as follows:
 
  • Trench CT0049 returned 96.5m @ 0.6 g/t gold including;
  • 7.7m @ 5.8 g/t gold, including 0.5m @ 77.3 g/t gold
  • 1.1m @ 5.4 g/t gold, including 0.5m @ 11.6 g/t gold
 
  • Trench CT0045 returned 138m @ 0.5 g/t gold including three distinct higher-grade zones:
  • 8m @ 1.5 g/t gold
  • 15m @ 1.7 g/t gold
  • 2m @ 8.9 g/t gold
 
  • All of the Machichie West trenches encountered gold mineralization in weathered bedrock, and cut multiple mineralized structures within a 500m x 300m area indicating the presence of a large new mineralized area on the western side of the east-trending Machichie Main zone 

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Alan Carter, Cabral’s President and CEO commented;
“These recent trench results are highly significant for three reasons.
“Firstly, they indicate that the east-trending Machichie Main zone can be traced for at least 350m west of previous drilling, significantly increasing the strike extent, and in particular extending the high-grade zone previously identified in recent trenching. The Machichie Main zone remains open to the west.
“Secondly, and perhaps more importantly, these results suggest the presence of a large new mineralized body in intrusive rocks comprising a swarm or array of numerous gold-bearing quartz veins and veinlets.
“Trenching suggests that this new zone is northeast-trending parallel to the general trend of the veins. The array extends over an area of at least 500 x 300m, and includes the previously identified Machichie SW veins. This mineralized area remains open in every direction.
“Finally, the trenching program suggests a significant amount of oxide material has likely resulted from the weathering of this new mineralized zone which should add to the overall inventory of gold-in-oxide mineralization, which already includes three gold-in-oxide blankets discovered thus far at Cuiú Cuiú”.  
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To read the full news release, please click HERE
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.If you need clarification of any information contained in this note, or have any questions, I will be delighted to assist – Please email andrew@city-investors-circle.com

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City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

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Disclosure

At the time of writing the author does not hold shares in Cabral Gold.

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To read our full terms and conditions, please click HERE

 


Mining Review Sunday Update 31st July

Mining Review Sunday Update 31st July

Gold and other metals bounced after the dovish comments by FED Chair Powell after he increased US interest rates by 0.75%.

Companies in the news this week with good drill results included Cabral Gold, Eloro Resources, and Karora Resources.

 

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Eloro Resources

Eloro Resources – Iska Iska project view

 

City Investors Circle Mining Review Sunday Update 31st July

Gold and other metals bounced after the dovish comments by FED Chair Powell after he increased US interest rates by 0.75%.

Companies in the news this week with good drill results included Cabral Gold, Eloro Resources, and Karora Resources.

 

The main news of the week was the collapse into administration of ASX listed Wiluna Mining, a month after they raised A$65 million at double the suspended share price!  I would expect there are some very unhappy investors dmanding ansers after this debacle.

 

Companies on our watchlist in the news last week:

  UEC’s bid for UEX Trumped by Denison Mines

  Westhaven Gold Announced a $3,000,000 Placement

  Uranium Energy Corp Attains Key Milestone

  Karora Resources Drilled the Highest Grade To Date at Beta Hunt

  Eloro Resources reported their best ever drill results at Iska Iska, Bolivia

  Cabral Gold 13m @ 4.6 g/t Gold at Cuiú Cuiú

 

Market Data weekly price changes

The Monthly Market Review has just been published, and all the commodity prices are listed there, just click the ‘Market Data’ tab at the top of the report.

To read the July 2022 Market Review, please click HERE

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If you need clarification of any information contained in this note, or have any questions, I will be delighted to assist – Please email andrew@city-investors-circle.com

=======

.

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

.

 

 



Cabral Gold 13m @ 4.6 g/t Gold at Cuiú Cuiú

Cabral Gold Inc. (TSX.V: CBR)

Provided assay results from nine additional RC holes drilled to test the recently identified gold-in-oxide blanket at the PDM target within the Cuiú Cuiú Gold District, northern Brazil.

Intercepts included 13.0m @ 4.6 g/t gold from 25.0m in oxide material, including 1.0m @ 49.2 g/t gold.

 

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Cabral Gold TSX.V : CBR
Stage Exploration
Metals Gold
Market cap C$39 m   @ 25.5c
Location Cuiú Cuiú , Tapajos, Para State, Brazil

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Cabral Gold excavator

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Cabral Gold Drills 13.0m @ 4.6 g/t Gold Including 1.0m @ 49.2 g/t Gold within Gold-in-Oxide Blanket at the PDM Target, Cuiú Cuiú District

Vancouver, British Columbia–(Newsfile Corp. – July 21, 2022) –Cabral Gold Inc. (TSXV: CBR) (OTC PINK: CBGZF) (“Cabral” or the“Company“) is pleased to provide assay results from nine additional RC holes drilled to test the recently identified gold-in-oxide blanket at the PDM target within the Cuiú Cuiú Gold District, northern Brazil.

Highlights are as follows:

  • RC310 returned the following mineralized intervals:
    • 13.0m @ 0.3 g/t goldfrom surface in oxidized and weathered material
    • 13.0m @ 4.6 g/t goldfrom 25.0m in oxide material,including 1.0m @ 49.2 g/t goldfrom 34.0m
  • RC313 returned17.0m @ 1.1 g/t goldfrom surface in oxidized and weathered material
  • Other significant drill results from oxidized and weathered material at PDM include;
    • RC309:33.0m @ 0.4 g/t goldfrom surface including10.0m @ 0.8 g/t goldfrom 23.0m
    • RC308:27.0m @ 0.4 g/t goldfrom surface
    • RC307:15.0m @ 0.4 g/t goldfrom surface
    • RC311:11.0m @ 0.4 g/t goldfrom surface
    • RC314:15.0m @ 0.4 g/t goldfrom surface

 

Cabral Gold Management comments

“These latest RC results from the PDM target further demonstrate the presence of a higher-grade core within the unconsolidated oxide blanket, but perhaps more importantly they indicate the possible presence of a second primary mineralized zone in the underlying basement granitic rocks.

 

“This may be sub-parallel to the zone of primary gold mineralization previously identified below the oxide blanket, and announced just a few months ago.

 

“These results lend further credence to the notion that PDM, like Machichie, is a significant new discovery which will require further drilling.”

Alan Carter, Cabral Gold President and CEO

 

PDM RC Drill Results

The PDM (Pau de Merenda) target is located 2.5km NW of the Central gold deposit at Cuiú Cuiú (Figure 1) within a prominent northwest-trending gold-in-soil anomaly and co-incident magnetic low, which have been traced for over 5km along strike. Within this anomaly, referred to as the Central Trend, occur the Central gold deposit, Central SE target, Central North target, Mutum target and PDM target.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/3900/131521_6e6d1a56e45f0901_002.jpg

Figure 1: Map showing the location of the Central and MG gold deposits, the PDM (Pau de Merenda) and Machichie gold targets, and other key gold targets (yellow circles) within the the Cuiú Cuiú district

To view an enhanced version of Figure 1, please visit here

The gold-in-oxide blanket at PDM was initially identified in August 2021 (see press release dated August 10, 2021), and a program of diamond drilling which was initiated in late 2021 subsequently identified an underlying zone of primary gold mineralization in the unweathered granitic basement rocks similar to that at MG and Central.

Results from the initial diamond-drill holes in unweathered granitic basement rocks beneath the gold-in-oxide blanket at PDM included22.4m @ 4.8 g/t,including1.35m @ 62.0 g/t goldin DDH238;11.9m @ 3.3 g/tgoldincluding0.5m @ 16.1 g/t goldand1.2m @ 16.0 g/t goldin DDH239; and18.0m @ 2.5 g/tgoldfrom 92.0m, including3.0m @ 10.5 g/t goldin DDH275.

These diamond-drill results define a northwest-trending zone of primary gold mineralization in the granitic rocks directly underlying the PDM oxide blanket.

The current RC drilling program at PDM has been designed to further define the limits of a higher-grade core within the overlying gold-in-oxide blanket, and has confirmed the presence of this higher-grade core area.

 

Other significant drill results within the gold-in-oxide blanket at PDM include;

  • RC309:33.0m @ 0.4 g/t goldfrom surface, including10.0m @ 0.8 g/t goldfrom 23.0m
    • RC308:27.0m @ 0.4 g/t goldfrom surface
    • RC307:15.0m @ 0.4 g/t goldfrom surface
    • RC311:11.0m @ 0.4 g/t goldfrom surface
    • RC314:15.0m @ 0.4 g/t goldfrom surface

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Drilling and Trenching Update

Results are pending on 12 diamond-drill holes at MG.

Results for 30 RC holes are also pending at PDM.

Results are pending on 14 follow-up diamond-drill holes at Machichie and 12 trenches totaling 443m.

Results are pending on 6 diamond-drill holes at the Indio target and additional drilling is planned.

 

About 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 gold deposits have so far been defined at Cuiú Cuiú and contain 43-101 compliant Indicated resources of 5.9Mt @ 0.90 g/t (200,000 oz) and Inferred resources of 19.5Mt @ 1.24 g/t (800,000 oz).

The Tapajós Gold Province is the site of the largest gold rush in Brazil’s history producing 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.

 

 

For brevity, this summary has been redacted, to read the full news release, please click HERE

 

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.If you need clarification of any information contained in this note, or have any questions, I will be delighted to assist – Please email andrew@city-investors-circle.com

=======

.

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

 

.

.



Mining Review Sunday Update 17th Jul 2022

Mining Review Sunday Update 17th July 2022

The strong US dollar is pushing down precious and industrial metal prices.

Mining stocks are taking a beating along with other popular sectors of the market.

 

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Neometals Primobius JV official opening

Neometals Primobius JV official opening

 

City Investors Circle – Mining Review Sunday Update 17th July 2022

 

The strong US dollar is pushing down precious and industrial metal prices, as can be seen from the table below.

Gold lost 2% week on week, and silver a whopping 3.16%. these are large numbers for a single week, especially as they come on the back of a large decline. Gold is just holding above $1,700, let’s see if it can provide support or whether we will be through into the 1600’s this week.

If gold falls any further I would expect to see announcements of some mines being put on care and maintenance soon.

The US dollar’s rise linked to interest rate rises is causing the decline of course, and we have to remember that in other currencies the price of gold is not falling so much.

It’s the same for base metals, and copper has fallen all the way back to the $3 range, after such a strong run during the past year. It’s also been badly effected by the Chinese covid lockdowns, as well as supply chain disruption, and the Ukraine conflict.

Mining stocks are unsurprisingly taking a beating along with other popular sectors of the market.

My major concern for a wile has been opportunistic bids for good quality companies by stronger ones, taking advantage of an undervaluation situation. A good example of that was the purchase of Gold Standard Ventures by Orla Mining, and now we have had Alexco being taken out with a low ball bid from Hecla Mining.

Despite Alexco announcing the buyout price of 47c per share was a “premium” to the VWAP, it’s a fraction of the price from the previous two weeks. I accept that Alexco had poorly executed (again), and once again silver had plunged just as they were restarting the mine, but this price looks like legalised theft to me.

I am concerned about Banyan Gold, where there is an obvious predator, Victoria Gold, sitting a few miles away, in production. My concern arises from the fact that the CEO’s of the two companies are married to each other!

When I expressed this concern to CEO Tara at PDAC, she responded that the NED’s were there to ensure a good, fair price is offered. Her confidence in NED’s is higher than mine, crusty old sceptic that I am.

As the shareholders of GSV and Alexco can attest, there is a danger that a good investment is sold for a song, and that just adds to the risk of holding stocks at this point.

 

Stocks on our watchlist making news this week

  Orla Mining added to tier 1 watchlist

  American Creek Resources reported 237.3 m of 1.51 g/t AU EQ at Treaty Creek

  Wesdome Gold Mines Announced Q2 2022 Production Results

  Karora Resources Produced 30,652 oz Au in Q2

  Neometals Confirmed a Mercedes Benz Purchase Order

  Orla Mining Announced their Q2 2022 Operational Results

  Cabral Gold Drilled 20.9m @ 4.2 g/t Au at Cuiú Cuiú

 

 

Market Data (US$)

Weekly price movements

 

Precious metals

Gold 1707 -2.07%
Silver 18.68 -3.16%
Palladium 1758 -16.80%
Platinum 848 -4.83%
Rhodium 13300 +3.50%

 

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Base Metals

Copper 3.27 -7.89%
Nickel 9.22 -7.71%
Zinc 1.35 -5.59%
Tin 11.61 -0.09%

 

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Energy metals

Cobalt 27.1 0.00%
Manganese 3.82 +6.11%
Lithium 67347 -0.84%
Uranium 47 -4.57%

 

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Bulk commodities

Iron Ore 100.1 -9.90%
Coking Coal 240 -13.04%
Thermal coal 251 -36.78%
Magnesium 3818 -1.29%
Lumber 642 -2.58%

 

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Metal ETF’s

GDX 25.59 -5.43%
GDXJ 30.04 -3.75%
Sil 23.96 -3.62%
SILJ 8.73 -4.69%
GOEX  (PCX) 20.87 -4.44%
GLD 159.01 -2.03%
COPX 26.91 -8.62%

 

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Miscellaneous

Au / Ag Ratio 90.84 +0.25%
10 yr Treasury bond (TNX) 2.93 -4.99%
US  index (DXY) 107.99 +1.02%
HUI 203.56 -6.10%
RJI (Rogers Index) 8.05 -3.71%
RJA Agriculture 8.79 -5.38%
RJN Energy 4.17 -2.11%
RJZ Metals 9.6 -4.48%

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.If you need clarification of any information contained in this note, or have any questions, I will be delighted to assist – Please email andrew@city-investors-circle.com

=======

.

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

.

Disclosure

At the time of writing the author holds shares in American Creek Resources, Banyan Gold, Karora resources, and Orla Mining, bought in the market at the prevailing price on the days of purchase. 

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To read our full terms and conditions, please click HERE



Cabral Gold Drills 20.9m @ 4.2 g/t Au at Cuiú Cuiú

Cabral Gold Inc. (TSX.V: CBR)

Provided assay results from ten diamond-drill holes in the southern part of the Central gold deposit within the Cuiú Cuiú Gold District, northern Brazil.

The glory hole included 20.9m @ 4.2 g/t Au  […]  

 

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Cabral Gold TSX.V : CBR
Stage Exploration
Metals Gold
Market cap C$36 m   @ 24c
Location Cuiú Cuiú , Tapajos, Para State, Brazil

 

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Cabral Gold MG deposit

Cabral Gold – MG Deposit, Para state, Brazil.

 

 

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Cabral Gold Drills 20.9m @ 4.2 g/t Gold within Gold-in-Oxide Mineralization at the Central Gold Deposit, Cuiú Cuiú District

 

Vancouver, British Columbia–(Newsfile Corp. – July 7, 2022) – Cabral Gold Inc. (TSX.V: CBR) (OTC PINK: CBGZF) (“Cabral” or the “Company“) is pleased to provide assay results from ten diamond-drill holes in the southern part of the Central gold deposit within the Cuiú Cuiú Gold District, northern Brazil.

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Highlights are as follows:

  • DDH306 drilled on Section N20895 returned the following mineralized intervals:
    • 20.9m @ 4.2 g/t gold from 23.1m in oxidized and weathered material, 2.0m @ 32.3 g/t gold from 35.0m and3.0m @ 4.8 g/t gold from 39.0m
    • 23.5m @ 1.7 g/t gold from 50.5m in oxide material, including 2.0m @ 17.0 g/t gold from 68.0m
    • 35m @ 1.2 g/t gold from 112.0m in fresh basement mineralization, including 1.7m @ 6.8 g/t gold from 121.0m

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      Cabral Gold management comments

      “These latest high-grade drill results from the Central gold deposit indicate that at least two, possibly three high-grade veins exist within the broader Central gold deposit.

       

      “These zones extend up to surface and have been weathered, resulting in high-grade oxide material, which is very similar to the situation at the MG gold-in-oxide blanket, where a higher-grade core sits directly above the underlying primary gold deposit.

       

      “These drill results imply the presence of more high-grade material at Central than previously thought in both the near surface oxide mineralization and the underlying primary basement gold deposit.”

      Alan Carter, Cabral Gold President and CEO

      .

      To read the full news release, please click HERE

      .

      =======

      .If you need clarification of any information contained in this note, or have any questions, I will be delighted to assist – Please email andrew@city-investors-circle.com

      =======

      .

      City Investors Circle is based in the financial district in the City of London

      We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

      Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

      Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

      We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

      If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

      .

      =======

      ,

      This website is not sponsored, we are truly independent, and will always remain so.

      Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

      All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

      These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

      .

      .

      Disclosure

      At the time of writing the author does not hold shares in Cabral Gold.

      .

      .

      To read our full terms and conditions, please click HERE

       



      Market Review for June 2022 Published

      City Investors Circle Market Review June 2022

      Features comments on why the steep price drop in copper could indicate a recession is imminent.

      Companies commented on include Orla Mining, Gold Road Resources, Banyan Gold, Cabral Gold, Cyprium Metals, and Newcore Gold. 

       

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      Global Mining Finance

      Ariana Resources’ Chris Sangster addresses a full house at the Global Mining Finance Conference amid the splendour of The Armourers’ Hall

       

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      City Investors Circle Market Review June 2022

       

      City Investors Circle Market Review for June 2022 features comments on why the steep price drop in copper could indicate a recession is imminent. Copper is seen as a leading economic indicator, so when the price is falling hard, as it is now,  economists start predicting a recession in the offing.

      Metal prices are falling across the board as growth predictions are trimmed and talk of an imminent recession harden.

      Companies commented on include Orla Mining, Gold Road Resources, Banyan Gold, Cabral Gold, Cyprium Metals, and Newcore Gold.

      .

      To read the City Investors Circle Market Review for June 2022, please click HERE

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      To subscribe to receive the monthly Market Review, and invitations to our free events, please email andrew@city-investors-circle.com

      /

      =======

      .If you need clarification of any information contained in this note, or have any questions, I will be delighted to assist – Please email andrew@city-investors-circle.com

      =======

      .

      City Investors Circle is based in the financial district in the City of London

      We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

      Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

      Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

      We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

      If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

      .

      =======

      ,

      This website is not sponsored, we are truly independent, and will always remain so.

      Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

      All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

      These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

      .

      .

      Disclosure

      At the time of writing the author holds shares in Banyan Gold, Cabral Gold, Cyprium Metals, Orla Mining, Gold Road, and Newcore Gold, all bought in the market at the prevailing price on the days of purchase.

      .

      .

      To read our full terms and conditions, please click HERE

       



      Cabral Gold Closing Circa C$3,000,000 Financing

      Cabral Gold (TSX.V: CBR)

      Announced the closing of its previously announced brokered private placement, consisting of a total of 10,038,358 units of the Company at a price of $0.30 per Unit for aggregate gross proceeds to the Company of approximately $3,011,507.40  […]  

       

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      Cabral Gold TSX.V : CBR
      Stage Exploration
      Metals Gold
      Market cap C$35 m   @ 25c
      Location Cuiú Cuiú , Tapajos, Para State, Brazil

       

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      Cabral Gold excavator

       

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      Comment

      Sadly another placing at a discount to recent market price, but explorers have to raise to keep exploring, so when the markets fall they have no choice but to raise at lower levels, causing dilution to buys at higher prices.

       

      What I do like is management have participated (again) here, as they have in the past, and the raise is only C$3 million, so not too dilutive.

      .

       

      Cabral Gold Inc. Announces Closing of Approximately $3,000,000 Private Placement Financing

       
      Vancouver, British Columbia – June 28, 2022 – Cabral Gold Inc. (“Cabral” or the “Company”) (TSXV: CBR) (OTC: CBGZF) is pleased to announce the closing of its previously announced brokered private placement, consisting of a total of 10,038,358 units of the Company (each, a “Unit”, and collectively the “Units”), at a price of $0.30 per Unit for aggregate gross proceeds to the Company of approximately $3,011,507.40 (the “Offering”).
      .
      .
      The Offering was led by Paradigm Capital Inc. as lead agent and sole bookrunner (the “Lead Agent”) on behalf of a syndicate of agents including Cormark Securities Inc., Research Capital Corporation and Roth Canada Inc. (together with the Lead Agent, the “Agents”). 
      .
      Each Unit consists of one common share in the capital of the Company (a “Common Share”) and one common share purchase warrant of the Company (a “Warrant”).  Each Warrant entitles the holder thereof to acquire one Common Share at an exercise price of $0.50 per Common Share for a period of 24 months after the closing of the Offering. (the “Closing”).
      .
      The Offering was previously announced by the Company on June 8, 2022, at which time it was proposed that the Lead Agent offer, on a best efforts private placement basis, for sale up to 10,000,000 Units of the Company at a price of $0.30 per Unit for aggregate gross proceeds of up to $3.0 million. In connection with the Offering, the Lead Agent exercised its over-allotment option for additional gross proceeds of $11,507.40.
      .
      The Company intends to use the net proceeds from the Offering for exploration and development activities, and general working capital purposes.
      .
      Officers and directors of Cabral subscribed in the Offering for a total of 480,000 Common Shares for gross proceeds of $144,000.
      .
      The participation of officers and directors of Cabral in the Offering constitutes a “related party transaction” within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The transaction is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 pursuant to section 5.5(a) and section 5.7(1)(a) as the fair market value of the officers’ and directors’ participation is not more than 25% of the Company’s market capitalization.
      .
      In connection with the Offering, the Agents received a cash commission equal to 6.0% of the gross proceeds of the Offering (including on any exercise of the Over-Allotment Option), subject to a reduced cash commission equal to 3.0% in respect of any sales of Units to purchasers on a president’s list provided by the Company to the Agents.
      .
      In addition, the Company also issued to the Agents that number of compensation options (the “Compensation Options”) that is equal to 6.0% of the Units issued under the Offering (including on any exercise of the Over-Allotment Option), subject to a reduced number of Compensation Options equal to 3.0% in respect of any sales of Units to purchasers on the president’s list, each exercisable for one Common Share at $0.30 for a period of 24 months after Closing. 
      .
      The securities issued in connection with the Offering will be subject to a hold period of four months and one day from Closing, expiring October 29, 2022, in accordance with applicable securities laws.
      .
      .
      To read the full news release, please click HERE
      .

      =======

      .If you need clarification of any information contained in this note, or have any questions, I will be delighted to assist – Please email andrew@city-investors-circle.com

      =======

      .

      City Investors Circle is based in the financial district in the City of London

      We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

      Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

      Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

      We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

      If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

      .

      =======

      ,

      This website is not sponsored, we are truly independent, and will always remain so.

      Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

      All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

      These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

      .

      .

      .

      To read our full terms and conditions, please click HERE



      Mining Review Sunday Update 8th May 2022

      Mining Review Sunday Update 8th May 2022

      Another volatile week for gold, but it fared better than some thought after the half a percent FED rate hike.

      Companies in the news this week included, Cabral Gold, Eloro Resources, Fosterville South, Kootenay Silver, and Radisson Mining Resources.

       

      /

      Eloro Resources

      Eloro Resources drill crew, Iska Iska, Potosi, Bolivia

      Mining Review Sunday Update 8th May 2022

      Another volatile week for gold, but it fared better than some thought after the half a percent FED rate hike. I think it’s possible that the mooted .75% rise rumour was used to put fear into the market so there was a relief rally when only half a percent was announced.

      Interest rates are still historically low and a half percent is not enough to stop wasteful discretionary spending, with some UK credit card rates already at 29.9% before the rate rise!

      Where interest rate rises are felt is in the housing market of course, where half a percent dies make a difference. With a UK election due in a couple of years the government will be wary of raising rates too much, as going into the next election with a falling property market wouldn’t be a vote winner.

      Turning to the markets, companies in the news this week included, Cabral Gold, Eloro Resources, Fosterville South, Kootenay Silver, and Radisson Mining Resources.

       

      News from our watchlist companies this week

      London Mining Conferences are Becoming Identical

      Kootenay Silver Began 15,000 M of Drilling

      Cabral Gold drilled 9.6m @ 16.4 g/t Gold at Cuiú Cuiú

      Fosterville South reported Reedy Creek High Grade

      Eloro Resources resource detail by expert geologist

      Radisson Mining Resources reported High Grade Gold Intercepts

       

      Market data (US$)

       

      Precious Metals

      Gold 1883 -0.74%
      Silver 22.36 -1.63%
      Palladium 2053 -8.92%
      Platinum 963 +2.67%
      Rhodium 17500 -4.37%

       

      .

      Base Metals

      Copper 4.33 -2.70%
      Nickel 13.7 -9.21%
      Zinc 1.81 -5.73%
      Tin 18.5 -2.79%

       

      .

      Energy Metals

      Cobalt 36.95 -0.05%
      Manganese 3.58 -5.79%
      Lithium 64014 -2.34%
      Uranium 55.15 3.96%

       

      .

      Bulk commodities

      Iron Ore 144.3 +1.62%
      Coking Coal 487 +4.73%
      Magnesium 5812 +3.71%
      Lumber 999 -4.58%

       

      .

      =======

      .

      City Investors Circle is based in the financial district in the City of London

      We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

      Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

      Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

      We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

      If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

      .

      =======

      ,

      This website is not sponsored, we are truly independent, and will always remain so.

      Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

      All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

      These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

      .

      Disclosure,

      The author holds shares in Eloro Resources and Fosterville South, bought in the market at the prevailing price on the days of purchase.

      .

      To read our full terms and conditions, please click HERE



      Cabral Gold Drills 9.6m @ 16.4 g/t Gold at Cuiú Cuiú

      Cabral Gold  (TSX.V: CBR)

      Provided assay results from three diamond-drill holes on two sections in the southern part of the primary Central gold deposit within the Cuiú Cuiú Gold District, Para State, northern Brazil.

      Hole DDH268 tested the emerging high-grade zone at Central on section N20870 and returned 9.6m @ 16.4 g/t gold from 164.3m [..] 

       

      .

      Cabral Gold MG deposit

      Cabral Gold – MG Deposit, Para state, Brazil

       

       

      Cabral Gold Drills 9.6m @ 16.4 g/t Gold and Defines a High-grade Corridor at Central Gold Deposit, Cuiú Cuiú Gold District

      Vancouver, British Columbia–(Newsfile Corp. – May 3, 2022) – Cabral Gold Inc. (TSXV: CBR) (OTC Pink: CBGZF) (“Cabral” or the “Company”)is pleased to provide assay results from three diamond-drill holes on two sections in  the southern part of the primary Central gold deposit within the Cuiú Cuiú Gold District, northern Brazil.

      .

      Highlights are as follows:

      • DDH268 tested the emerging high-grade zone at Central on section N20870 and returned the following mineralized intervals:
      • 9.6m @ 16.4 g/t gold from 164.3m including 1.2m @ 112.0 g/t gold from 166.9m and 2.1m @ 11.5 g/t gold from 170.2m. This high-grade intercept occurs within fresh (unweathered), highly brecciated and altered basement intrusive rocks
      • 17.5m @ 0.5 g/t gold from 76.4m, and 30.4m @ 1.1 g/t gold from 130.0m. These intercepts also occur within fresh, strongly brecciated and highly altered basement intrusive rocks
      • DDH267was drilled on section N20845 to test both the high-grade zone and the down-dip continuity of the deposit at Central. It returned the following mineralized intervals:
      • 12.8m @ 1.0 g/t gold from 82.6m including 0.9m @ 8.1 g/t gold from 94.5m
      • 17.5m @ 1.9 g/t gold from 149.5m, including 3.2m @ 5.3 g/t gold from 156.0m, and1.3m @ 5.9 g/t gold from 162.5m
      • 5.5m @ 2.1 g/t gold from 189.0m including1.0m @ 6.6 g/t gold from 191.0m
      • DDH281was also drilled on section N20870 to define the northeastern limit of the mineralized zone at Central. It returned11.3m @ 0.7 g/t gold from surface in the overlying gold-in-oxide blanket. The blanket remains open to the northeast, and to the southwest on this section
      • Drilling suggests there is a distinct northwest-trending, steeply dipping, high-grade corridor that contains multiple individual high-grade zones. The corridor follows the southwestern margin of the Central deposit in this area. It has now been traced for over 100m along strike, appears to be over 25m wide, and remains open at depth below 350m

      .

      Cabral Gold management comments

      “These latest very high-grade drill results from Central lend further support to recent evidence from drilling that a high-grade corridor of mineralization exists within the core of the primary basement Central gold deposit.

       

      “This high-grade zone has now been traced along strike for at least 100m and remains open to the northwest and southeast. Furthermore, it has been encountered in one of the deepest historic holes on the project, at 350m below surface.

       

      “The high-grade zone is open down-dip on all of the sections in the corridor. We look forward to the results of the ongoing drill program at Central, as well as further results from the four other drill rigs which are currently active at the nearby MG, Machichie, PDM and Indio targets.”

      Alan Carter, Cabral Gold President and CEO 

      .

      This news release has been abridged for brevity. To read the full news release, please click HERE

      .

      =======

      .

      If you need clarification of any information contained in this note, or have any questions about Cabral Gold, I will be delighted to assist – Please email andrew@city-investors-circle.com

      =======

      .

      City Investors Circle is based in the financial district in the City of London

      We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

      Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

      Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

      We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

      If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

      .

      =======

      ,

      This website is not sponsored, we are truly independent, and will always remain so.

      Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

      All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

      These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

      .

      .

      To read our full terms and conditions, please click HERE

       



      Mining Review Sunday Update 24th April 2022

      Mining Review Sunday Update 24th April 2022

      Gold dropped 2% and led down the gold juniors, rolling back some of their gains over the last few weeks.

      Companies commented on include; Cabral Gold, Newcore Gold, O3 Mining, Silver Tiger Metals, Uranium Energy Corp., and Wesdome Gold.   […] 

       

      /

      Mining Review Cabral Gold excavator

      Cabral Gold excavator at Cuiu Cuiu, Tapajos Region, Brazil.

       

      .

      City Investors Circle Mining Review Sunday Update 24th April 2022

      Gold dropped 2% during the week, 1% on Friday alone, as fears are growing thwt the FED is going to tighten too much too fast, and will possibly now raise rates by 2.5% before the end of 2022.

      This led down the gold juniors, rolling back some of their decent gains over the last few weeks, and may just present us with an opportunity to buy some of the decent stocks on the dips. To be clear, I am referring to producing or very close to production here, not greenfield exploration companies.

      Companies commented on include; Cabral Gold, Newcore Gold, O3 Mining, Silver Tiger Metals, Uranium Energy Corp., and Wesdome Gold.

       

      City Investors Circle watchlist companies in the news this week

      Newcore Gold Confirms New Discovery at Enchi

      Cabral Gold Drilled 17.5m @ 4.0 g/t Gold at MG

      Uranium Energy Corporation secured an additional 400,000 Lbs Uranium

      Silver Tiger Metals Drilled 1,380.9 g/t Ag Eq Over 0.5m

      Wesdome Gold Reported Q1 Results in line with guidance

      O3 Mining Sold their East Cadillac Project to Cartier Resources

       

      General mining news

      The Chilean constitutional assembly voted down a proposal from the environmental committee, seeking to tighten up rules related to the protection of the country’s natural resources, which would have hit the mining sector had they became law.

      Given that Chile is the world’s largest copper producer, this is very good news, as, had the motions been passed, they would have made Chile virtually uninvestable as a jurisdiction in my view. That would, of course, have had serious implications for the EV industry and the price of copper.

       

      Market Data

      Weekly price changes (US$)

       

      Precious metals

      Gold 1932 -2.18%
      Silver 24.14 -4.66%
      Palladium 2293 -3.33%
      Platinum 932 -6.33%
      Rhodium 18600 -8.15%

      .

      Base metals

      Copper 4.66 0.00%
      Nickel 15.32 1.59%
      Zinc 2.03 0.00%
      Tin 19.63 -0.10%

      .

      Energy metals

      Cobalt 36.98 -0.03%
      Manganese 3.94 0.00%
      Lithium 69177 -2.66%
      Uranium 61.75 -4.26%

      .

      Bulk commodities

      Iron Ore 153.6 0.52%
      Coking Coal 520 1.96%
      Magnesium 5959 -0.75%
      Lumber 1002 13.61%

      .

      Metal ETF’s

      GDX 36.94 -9.59%
      GDXJ 45.61 -10.62%
      Sil 35.46 -10.09%
      SILJ 13.25 -12.37%
      GOEX 32.22 -9.01%
      GLD 180.29 -2.04%
      COPX 43.12 -6.48%

      .

      Miscellaneous data

      Au / Ag Ratio 79.98 3.84%
      10 yr T bond 2.9 2.47%
      US  index (DXY) 101.12 0.62%
      HUI 300.11 -9.32%
      RJI (Rogers Index) 9.05 -3.21%
      RJA Agriculture 10.66 0.00%
      RJN Energy 4.15 -2.35%
      RJZ Metals 12.84 -1.15%

       

      The Mining Review is now completed..

      =======

      .

      City Investors Circle is based in the financial district in the City of London

      We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

      Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

      Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

      We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

      If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

      .

      =======

      ,

      This website is not sponsored, we are truly independent, and will always remain so.

      Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

      All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

      These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

      .

      To read our full terms and conditions, please click HERE

      .

      .



      Cabral Gold Drills 17.5m @ 4.0 g/t Gold at MG

      Cabral Gold Inc. (TSX.V: CBR)

      Provided assay results from six diamond-drill holes testing the MG gold deposit within the Cuiú Cuiú gold district in northern Brazil.

      Highlights included hold DDH272, 17.5m @ 4.0 g/t gold within the primary hard-rock MG gold deposit from 102.9m, including 5.5m @ 10.5 g/t gold from 104.1m  […] 

       

      .

      Cabral Gold TSX.V : CBR
      Stage Exploration
      Metals Gold
      Market cap C$59.5 m   @ 42c
      Location Cuiú Cuiú , Tapajos, Para State, Brazil

       

      Cabral Gold Drills 17.5m @ 4.0 g/t Gold at MG within the Cuiú Cuiú Gold District

      Vancouver, British Columbia–(Newsfile Corp. – April 21, 2022) – Cabral Gold Inc. (TSXV: CBR) (OTC PINK: CBGZF) (“Cabral” or the “Company“) is pleased to provide assay results from six diamond-drill holes testing the MG gold deposit within the Cuiú Cuiú gold district in northern Brazil.

      ,

      Highlights are as follows:

      • DDH272 intersected 17.5m @ 4.0 g/t gold within the primary hard-rock MG gold deposit from 102.9m, including 5.5m @ 10.5 g/t gold from 104.1m. The hole also cut a significant interval in the overlying unconsolidated sediments that comprise the gold-in-oxide blanket returning 44.0m @ 0.5 g/t gold from surface
      • DDH273 returned18m @ 1.0 g/t gold in unconsolidated sediments that comprise the gold-in-oxide blanket, which included 1m @ 15.3 g/t gold
      • DDH285 encountered a significant mineralized interval within primary hard-rock material returning 31.0m @ 1.3 g/t gold from 105.0m, including 0.5m @ 15.5 g/t gold from 106.0m
      • DDH286 cut 8.6m @ 0.5 g/t gold in the blanket from surface, and a broad interval of highly altered and brecciated basement, which returned 47.0m @ 0.5 g/t gold from 67.5m, including13.5m @ 0.9 g/t gold from 81m, and including9.8m @ 1.0 g/t gold from 103.7m
      • DDH288 intersected 36.0m @ 1.1 g/t gold from surface within the gold-in-oxide blanket, including 4.2m @ 4.0 g/t gold from 16.0m and2.3m @ 5.0 g/t gold from 31.8m

       

      .

      Cabral Gold management comments

      “The drill program at MG continues to demonstrate that a significant zone of higher grade mineralization occurs within the primary MG gold deposit that forms a distinctive zone.

       

      “In addition, the current drill program is intersecting excellent widths of good grade material. The terrane is also working in our favour with positive relief improving the strip ration for potential exploitation of the basement saprolite mineralization.

       

      “Furthermore, the results from the overlying gold-in-oxide blanket continue to demonstrate that a significant zone of higher grade mineralization occurs within the extensive gold-in-oxide blanket.”

       

      .

      MG Diamond-Drill Results

      Assay results were returned on six diamond-drill holes (DDH272, DDH273, DDH274, DDH285, DDH286, and DDH288) that were recently completed within the MG gold deposit (Figure 1).

      Cannot view this image? Visit: https://orders.newsfilecorp.com/files/3900/121159_7dca2973645ef90c_002.jpg

      Figure 1: Map showing the outline of the primary MG gold deposit that was defined in the 2018 resource estimate (defined by E-W trending zones) and the interpreted grade x thickness contours of the overlying mineralized oxide blanket. The location of recently completed diamond-drill holes (DDH272, DDH273, DDH274, DDH285, DDH286, and DDH288) are also shown.

      To view an enhanced version of Figure 1, please visit HERE

      .

      For brevity, this summary has been redacted, to read the full news release, please click HERE

      .

      =======

      .

      City Investors Circle is based in the financial district in the City of London

      We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

      Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

      Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

      We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

      If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

      .

      =======

      ,

      This website is not sponsored, we are truly independent, and will always remain so.

      Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

      All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

      These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

      .

      .

      .

       

       



      Mining Review Sunday Update 17th April 2022

      Mining Review Sunday Update 17th April 2022

      Another good week for gold and other precious metals as US interest rates are looking like having a .5% hike soon. Sadly the other reason is the continuing war in Ukraine.

      Companies are releasing drill results from early campaigns, including Cabral Gold and Westhaven Gold. Minera Alamos continues its mine startup at Santana, Mexico.

       

      .

      Karora Resources

      Karora Resources – Mining at Higginsville, near Kalgoorlie, Western Australia.

       

      News from our watchlist companies last week

      All positive news this week and drill results are coming in thick and fast, with Cabral Gold and Westhaven Gold reporting high grade results from their respective drill campaigns.

      .

      In brief;

      Uranium Energy Corp. New CEO Interview podcast

      Stock Markets Closed for Good Friday Holiday in Europe and America

      Westhaven Gold Drilled 23.03 M of 37.24 G/t Gold

      Minera Alamos gave a Santana Mine Q1 Update

      Cabral Gold Reported Good Results West of Machichie

      Karora Resources Increased Gold Mineral Resources

       

      .

      General mining news

      The new Chilean government of President Gabriel Boric is suing mines operated by  BHP (ASX: BHP), Albemarle (NYSE: ALB) and Antofagasta (LON: ANTO), over alleged environmental damage caused in the northern Salar de Atacama salt flats, the world’s driest place on earth, regarding overuse of water.

      Despite assurances to the contrary, it seems that the new Chilean government is starting to show its true colours.

      .

      .

      Market Data (US$)

      .

      Precious Metals

      Gold 1975 1.44%
      Silver 25.32 2.18%
      Palladium 2372 -2.19%
      Platinum 995 1.63%
      Rhodium 20250 0.00%

       

      .

      Base Metals

      Copper 4.66 -0.21%
      Nickel 15.08 -0.79%
      Zinc 2.03 5.18%
      Tin 19.65 -2.19%

       

      .

      Energy metals

      Cobalt 36.99 -0.03%
      Manganese 3.94 -0.51%
      Lithium 71071 -4.10%
      Uranium 64.5 2.71%

       

      .

      Bulk commodities

      Iron Ore 152.8 -3.11%
      Coking Coal 510 34.21%
      Magnesium 6004 -7.37%
      Lumber 882 -7.15%

       

      .

      Metal ETF’s

      GDX 40.86 5.66%
      GDXJ 51.03 5.39%
      Sil 39.44 4.09%
      SILJ 15.12 4.56%
      GOEX 35.41 4.98%
      GLD 184.04 1.42%
      COPX 46.11 1.47%

       

      .

      Miscellaneous

      Au / Ag Ratio 77.02 -3.07%
      10 yr T bond 2.83 4.43%
      US  index (DXY) 100.5 0.66%
      HUI 330.95 2.61%
      RJI (Rogers Index) 9.35 5.17%
      RJA Agriculture 10.66 4.20%
      RJN Energy 4.25 9.54%
      RJZ Metals 12.99 1.01%

       

      The Mining Review Market Update is complete

      .

      =======

      .

      City Investors Circle is based in the financial district in the City of London

      We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

      Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

      Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

      We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

      If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

      .

      =======

      ,

      This website is not sponsored, we are truly independent, and will always remain so.

      Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

      All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

      These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

      .

      To read our full terms and conditions, please click HERE

      .

      .

       



      Cabral Gold Finds Good Results West of Machichie

      Cabral Gold Inc. (TSX.V: CBR)

      Provided assay results from several trenches excavated on strike and immediately west of the Machichie main zone within the Cuiú Cuiú gold district.

      Highlights included Trench CT38A located approximately 85m west of the most westerly drill hole at the E-W trending Machichie main zone,  returned 11m @ 1.2 g/t gold, including 0.6m @ 9.6 g/t gold. […] 

       

      .

      Cabral Gold TSX.V : CBR
      Stage Exploration
      Metals Gold
      Market cap C$59.5 m   @ 42c
      Location Cuiú Cuiú , Tapajos, Para State, Brazil

       

      .

      Cabral Gold excavator

      Trench digging in the red South American soil at the Cuiú Cuiú gold district, Tapajos region, Brazil.

       

      .

      .

      Cabral Gold Reports Positive Results from New Surface Trenches West of Machichie Main Zone, Cuiú Cuiú Gold District

      Vancouver, British Columbia–(Newsfile Corp. – April 7, 2022) –Cabral Gold Inc.(TSXV: CBR) (OTC PINK: CBGZF) (“Cabral” or the“Company“) is pleased to provide assay results from several trenches excavated on strike and immediately west of the Machichie main zone within the Cuiú Cuiú gold district.

      .

      Highlights are as follows:

      • Trench CT38A is a north-south trench, located approximately 85m west of the most westerly drill hole at the E-W trending Machichie main zone. It returned two separate intercepts;
        • 11m @ 1.2 g/t gold,including0.6m @ 9.6 g/t gold, at the south end of the trench
        • 38.6m @ 0.7 g/t gold,including2.0m @ 3.9 g/t gold, at the north end of the trench

      .

      Mineralization remains open at both ends of the trench

      • The southern intercept in CT38A is along strike from CT35A and interpreted to further be the western extension of the E-W trending Machichie main zone. The northern intercept is a completely new mineralized zone of undetermined dimensions
      • Trench CT37 completed 50m east of CT38A returned three separate zones, including:
        • 1.3m @ 4.3 g/t gold
        • 3.2m @ 1.1 g/t gold
        • 1.5m @ 1.3 g/t gold

       

      .

      Cabral Gold management comments

      “The significance of these results at Machichie is in their location between the most westerly drill hole at Machichie and earlier trenches excavated a couple of hundred metres further west, which returned 5m @ 8.3 g/t gold.

       

      “The lateral extent of the Machichie gold system appears to be significantly larger than previously thought.

       

      “With additional trenching, and drilling about to start in this area, and diamond drilling also in progress at Central, MG and Indio, we anticipate an exciting few months for Cabral’s shareholders.”

      Alan Carter, Cabral Gold President and CEO

      .

      .

      Machichie Trench Results

      The Machichie target is located 500m north of the MG gold deposit (Figure 1).

      Previous drilling at Machichie identified a persistent mineralized zone which is E-W trending and dips steeply to the north. This main zone consists of a high-grade core zone surrounded by a low-grade alteration envelope.

      This is very similar to the style of the primary bedrock gold deposits at MG and Central, as well as the recently announced PDM basement discovery (see press releases dated December 15, 2021 and January 12, 2022).

      Cannot view this image? Visit: https://orders.newsfilecorp.com/files/3900/119637_0f8d1a6684135a7e_002.jpg

      Figure 1: Map showing the location of the Machichie target and the existing MG and Central gold primary gold deposits, as well as the recently identified gold-in-oxide blanket and underlying mineralized zone in hard rock at the PDM target within the Cuiú Cuiú district. Other key targets are shown as yellow circles

      .

      For brevity, this summary has been redacted, to read the full news release, please click HERE

      .

      =======

      .

      City Investors Circle is based in the financial district in the City of London

      We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

      Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

      Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

      We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

      If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

      .

      =======

      ,

      This website is not sponsored, we are truly independent, and will always remain so.

      Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

      All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

      These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

      .

      .

      To read our full terms and conditions, please click HERE

      .

      .



      City Investors Circle Market Review for March 2022

      City Investors Circle Market Review for March 2022 published

      The main focus is on critical commodities for the global supply chain that may be effected by the Ukraine war. Russia produces nickel sulphide, used for EV batteries.

      The featured company is Cabral Gold, and companies commented on include Calidus Resources, Cornish Metals, Gold Road Resources, Karora Resources, Neometals, Newcore Gold, and O3 Mining. 

       

      .

      Market Review Neometals Primobius JV official opening

      Neometals Primobius JV official opening

       

      .

      City Investors Circle Market Review for March 2022 published

       

      To read the Market Review review please click here

       

      The March Market Review featured an explanation of why the London Metal Exchange halted nickel trading, then would back the day’s trades, after they had been executed!

      There is a general view of the current politics and the likely effects on commodities, and our lives. Times are changing.

      We feature a review of Cabral Gold in the company spotlight.

      We comment on companies on our watchlist that made news during the month.

      We list our the latest commodity price and monthly movements in price.

      We outline movements in the main market indices.

      We feature the main crypto prices.

       

      To read the Market Review please click here

       

      To subscribe to our free monthly reviews and receive invitations to our events, please email andrew@city-investors-circle.com

      .

      =======

      .

      City Investors Circle is based in the financial district in the City of London

      We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

      Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

      Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

      We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

      If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

      .

      =======

      ,

      This website is not sponsored, we are truly independent, and will always remain so.

      Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

      All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

      These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

      .

      To read our full terms and conditions, please click HERE



      Cabral Gold Drills More Bonanza Grades at MG

      Cabral Gold Inc. (TSX.V: CBR)

      Reported assay results from two diamond-drill holes testing the MG gold deposit within the Cuiú Cuiú gold district in northern Brazil.

      The highlight was 2.6m @ 28.9 g/t gold within the primary hard-rock MG gold deposit from 117.5m, including 1.0m @ 64.6 g/t gold from 119.1m.   […] 

       

      .

      Cabral Gold TSX.V : CBR
      Stage Exploration
      Metals Gold
      Market cap C$64 m   @ 45c
      Location Cuiú Cuiú , Tapajos, Para State, Brazil

       

      .

      Cabral Gold excavator

       

      .

      Cabral Gold Drills More Bonanza Grades at MG, including 2.6m @ 28.9g/t Gold and 1.6m @ 32.8g/t Gold, within the Cuiú Cuiú Gold District

       

      Vancouver, British Columbia – March 10, 2022 – Cabral Gold Inc. (“Cabral” or the “Company”) (TSX.V: CBR) is pleased to provide assay results from two diamond-drill holes testing the MG gold deposit within the Cuiú Cuiú gold district in northern Brazil.

      Highlights are as follows:

      • DDH271 intersected2.6m @ 28.9 g/t gold within the primary hard-rock MG gold deposit from 117.5m, including1.0m @ 64.6 g/t gold from 119.1m. The hole cut a second high-grade interval further down the hole that returned1.6m @ 32.8 g/t goldfrom 169.2m, including0.6m @ 86.1 g/t gold
      • DDH271 also encountered significant lower grade gold mineralization within overlying unconsolidated sediments that comprise the gold-in-oxide blanket, returning25.0m @ 0.6 g/t goldfrom surface
      • DDH270 intersected10.2m @ 0.6 g/t goldfrom 93.5m depth,2.4m @ 1.3 g/t goldfrom 135.7m and7.3m @ 1.7 g/t goldfrom 164.3m all within the primary hard-rock MG gold deposit. DDH270 also cut33.6m @ 0.3 g/t goldfrom surface within the overlying gold-in-oxide blanket

      .

      .

      Cabral Gold management comments

      “These spectacular drill results from the primary MG gold deposit at Cuiú Cuiú continue to define a significant central high-grade core to the primary hard-rock MG gold deposit.

       

      “That core is showing greater lateral continuity and extent than previously thought and remains open at depth and along strike.

       

      “Such bonanza results continue to support the Company’s thesis that there are significant high-grade zones within the current low-grade bulk tonnage resource at Cuiú Cuiú that can be identified and delineated with additional drilling”.

      Alan Carter, Cabral Gold President and CEO

      .

      For brevity, this summary has been redacted, to read the full news release, please click HERE

      .

      =======

      .

      City Investors Circle is based in the financial district in the City of London

      We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

      Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

      Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

      We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

      If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

      .

      =======

      ,

      This website is not sponsored, we are truly independent, and will always remain so.

      Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

      All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

      These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

      .

      To read our full terms and conditions, please click HERE

      .

      .



      Mining Review Sunday Update 13th February 2022

      Mining Review Sunday Update 13th February 

      The media is talking up the potential for a war in the Ukraine and an imminent Russian invasion, and that is driving gold and oil prices upwards.

      Gold was up 3% week on week, and silver an impressive 5%. Naturally many gold and silver juniors had a good week as a result.   […] 

       

      .

      Karora Resources

      Gold in drill core from Beta Hunt mine, Karora Resources, Western Australia

       

      .

      City Investors Circle Mining Review Sunday Update 13th February 

      The media is talking up the potential for a war in the Ukraine and an imminent Russian invasion, and that is driving gold and oil prices upwards.

      Gold was up 3% week on week, and silver an impressive 5%. Naturally many gold and silver juniors had a good week as a result. Gold was helped by rising US inflation as much as Ukraine tensions

      The dollar also rose on increased interest rate speculation, perm any one of many different speculations as to the number of rises rumoured throughout the media. I still insist there is a limit as to how high rates can go as their level effects government borrowing costs.

      Barrick Gold reported depletion after mining of +150% in 2021, after a few years of falling reserves, a positive sign.

      Chaarat Gold are experiencing hard times trying to raise the capex for their mine in the Kyrgyz Republic, due to the fact that the state have taken the Kumtor Gold Mine from Centerra Gold, who have no choice but to negotiate a settlement. 

      Obviously that action has caused potential financiers to lose faith in the Kyrgyz Republic, and who can blame them?  They have acted in bad faith in my opinion, and deserve the negative publicity they have received. Sadly none of this is the fault of Chaarat’s shareholders (nor Centerra’s either for that matter), yes as always it is the shareholders who will suffer.

      For this reason I am very choosy about the jurisdictions I invest in.

       

       

      Stocks on our watchlist in the news this week;

      Cabral Gold Drills 23.8m @ 5.5 g/t gold at Cuiú Cuiú, Tapajos, Brazil

      Calidus Resources commits to a renewable micro grid at the Warrawoona Gold Project 

      O3 Mining Reported 96% Gold Recoveries at Marban

       American Creek JV Partner CEO Ken Konkin interview

       Karora Resources Beta Hunt Shear Zone extended

       Argosy Minerals Is on Schedule For Production in H2 2022

       

       

      .

      Market data

      In US$

      Precious metals

      Gold 1859 3%
      Silver 23.62 5%
      Palladium 2316 1%
      Platinum 1031 0%
      Rhodium 18350 9%

      Gold and silver were boosted by rising US inflation figures, and ongoing Ukrainian war tension.

      .

      Base Metals

      Copper 4.64 5%
      Nickel 10.91 4%
      Zinc 1.7 4%
      Tin 20.16 2%

      Tin was boosted by threats of an Indonesian export ban.

      Copper stocks are alarmingly low, although Shanghai received a new stock on Friday, possibly Chinese government reserve being released.

      .

      Energy Metals

      Cobalt 31.96 0%
      Manganese 3.38 -1%
      Lithium 60911 7%
      Uranium 43.6 -1%

      Lithium continues to rise exponentially as prices in China rise due to increased EV battery demand.

      .

      Bulk commodities

      Iron Ore 153 6%
      Coking Coal 398 -3%
      Magnesium 7003 1%

      Iron ore demand from China is increasing at the same time as supply from Australia is struggling to keep pace.

      The Chinese government are taking action to curb the price of coking coal after the recent rise to all time highs.

      .

      ETF’s

      GDX 32.43 7%
      GDXJ 41.42 8%
      Sil 35.19 8%
      SILJ 12.4 11%
      GOEX 28.9 7%
      GLD 173.81 3%
      COPX 40.78 7%

       

      =======

      .

      City Investors Circle is based in the financial district in the City of London

      We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

      Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

      Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

      We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

      If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

      .

      =======

      ,

      This website is not sponsored, we are truly independent, and will always remain so.

      Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

      All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

      These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

       

       

      .

      To read our full terms and conditions, please click HERE

       

       



      Cabral Gold Drills 23.8m @ 5.5 g/t gold at Cuiú Cuiú

      Cabral Gold Inc. (TSXV: CBR)
      Announced assay results from three diamond-drill holes testing the Central gold deposit within the Cuiú Cuiú gold district in northern Brazil.  

      Highlights included Hole DDH250, which intersected 111.3m of nearly continuous mineralization from surface at the Central deposit, including 23.8m @ 5.5 g/t gold from 87.5m.   […] 

       

      Cabral Gold TSX.V : CBR
      Stage Exploration
      Metals Gold
      Market cap C$51 m   @ 36c
      Location Cuiú Cuiú , Tapajos, Para State, Brazil

       

       

      ,

      Cabral Gold MG deposit

      Cabral Gold – MG Deposit, Para state, Brazil

       

      Cabral Gold Drills 23.8m @ 5.5 g/t gold in Unoxidized Material and 84.9m @ 0.7 g/t Gold of Oxide Material at Central within the Cuiú Cuiú Gold District, Para State.

      Vancouver, British Columbia – February 10, 2022 – Cabral Gold Inc.  (TSXV: CBR) (OTC: CBGZF) (“Cabral” or the “Company”) is pleased to provide assay results from three diamond-drill holes testing the Central gold deposit within the Cuiú Cuiú gold district in northern Brazil. 
       

      Highlights are as follows:

       
      • DDH250, intersected 111.3m of nearly continuous mineralization from surface at the Central deposit, including 23.8m @ 5.5 g/t gold from 87.5m, in hard unoxidized, brecciated and altered basement intrusive rocks including 0.7m @ 98.4 g/t gold from 87.5m, and 1.2m @ 51.0 g/t gold from 110.1m
         
        • 84.9m @ 0.7 g/t gold from surface within oxidized rocks directly above the unoxidized mineralization, including 16.7@ 0.5 g/t gold from surface in the gold-in-oxide blanket, and 68.2m @ 0.8 g/t gold from 16.7m in oxidized and weathered intrusive rocks
         
        • DDH255 returned 37.0m @ 1.3 g/t gold from 42.0m in oxidized and weathered basement rocks, including 1.6m @ 13.0 g/t gold, from 44.0m. The hole also intersected 17m @ 0.2 g/t gold from surface within gold-in-oxide blanket material
         
        • DDH258 also intersected 60m @ 0.8 g/t gold from 121.0m in hard brecciated and altered basement mineralization. The hole also returned a thin veneer of blanket cover, returning 5.8m @ 0.2 g/t gold from surface and 19.0m @ 0.3 g/t gold from 64.0m in oxidized weathered and mineralized basement rocks.  The hole ended in mineralization grading 0.9 g/t gold, suggesting mineralization is open at depth
         
         

        Cabral Gold management comments

        “The results from the diamond drilling at the Central gold deposit are exceeding our expectations.
        “There is clearly a thick zone of soft, weathered, mineralized gold-in-oxide material sitting directly above the primary Central gold deposit. Furthermore, these results confirm that significant zones of high-grade gold mineralization occur within the underlying, unweathered and hard basement gold deposit.
        “With four drill rigs currently turning at Cuiú Cuiú, and several new discoveries within the district, notably at PDM and Machichie, we look forward to a very busy few months and a constant stream of drill results.”
        Alan Carter, Cabral Gold President and CEO
        .
         
         

        Central Diamond-Drill Results

         
        The Central gold deposit is located 2.5km SE of the PDM target (Figure 1) within the Cuiú Cuiú gold district. 
        Cabral Gold
        Figure 1: Map showing the location of the Central gold deposit as well as the MG gold deposit, the PDM and MG gold-in-oxide blankets, and other key targets (yellow circles) within this part of the Cuiú Cuiú district.
        Two rigs are currently operating at Central: an RC rig drilling shallow holes to assess the extent of the recently identified near-surface gold-in-oxide blanket (see press release dated January 27, 2022) and a diamond rig to better define the high-grade, highly altered, brecciated and sheared zones within the primary basement deposit as well as to test the near surface gold-in-oxide blanket. 

         

        .

        For brevity, this summary has been abridged, to read the full news release, please click HERE

        .

        =======

        .

        City Investors Circle is based in the financial district in the City of London

        We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

        Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

        Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

        We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

        If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

        .

        =======

        ,

        This website is not sponsored, we are truly independent, and will always remain so.

        Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

        All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

        These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

        .

        To read our full terms and conditions, please click HERE



        Mining Review Sunday Update 6th February 2022

        Mining Review Sunday Update 6th February 2022

        Gold is oscillating around the US$1,800 level, and has been for some time, and the feeling is it will continue to do so for some time yet, unless some significant news moves it strongly in one direction.

        Radisson Mining, Cabral Gold, and Eloro Resources all reported good drill results, and Neometals reported their financials.

         

        .

        Eloro Resources Tumi

        Eloro Resources Tumi

         

        .

        .

        Mining Review Sunday Update 6th February 2022

        Gold is oscillating around the US$1,800 level, and has been for some time, and the feeling is it will continue to do so for some time yet, unless some significant news moves it strongly in one direction.

        It was a pretty uneventful week for metal prices, although iron ore was up 4% and coking coal down 7%, the first significant divergence for a while.

        Radisson Mining, Cabral Gold, and Eloro Resources all reported good drill results, and Neometals reported their financials, see the links below.

        Many of our tier 2 exploration plays continue to fall despite gold bouncing a little and companies advancing their projects. This is obviously frustrating, but sooner or later investors will surely see the undervaluations in the mining sector and  buyers will return again?

        It has been confirmed that China and India have been buyers of gold recently, a good sign that these large countries that traditionally use gold as a store of value still do so.

        Apart from gold, I think the metals to watch are in the EV space, namely lithium, copper, nickel, and cobalt. One wonders where all the metals required for the giga factories are going to come from?

        I’m of the opinion that the extinction of the internal combustion engine by government mandate will be extended due to the shortage of metals required for EV’s.

         

        Stocks from our watchlist in the news this week

         Radisson Mining intersects 38.34 g/t gold over 2m

         Neometals Published their Quarterly Activities Report

         Cabral Gold Trenching returns 5m @ 8.3 g/t gold

         Eloro Resources Intersect 239.7 g Ag Eq at Iska Iska

         

        Market data

        In US$

         

        Precious metals

        Gold 1808 1%
        Silver 22.49 0%
        Palladium 2298 -3%
        Platinum 1029 2%
        Rhodium 16850 0%

         

        .

        Base metals

        Copper 4.44 -1%
        Nickel 10.53 2%
        Zinc 1.64 -1%
        Tin 19.76 1%

         

        .

        Energy Metals

        Cobalt 31.96 0%
        Manganese 3.41 2%
        Lithium 56986 0%
        Uranium 44 -2%

         

        Bulk Commodities

        Iron Ore 144 4%
        Coking Coal 410 -7%
        Magnesium 6917 0%

        .

        Metal ETF’s

        GDX 30.4 4%
        GDXJ 38.18 3%
        Sil 32.53 2%
        SILJ 11.18 2%
        GOEX 27.04 3%
        GLD 168.86 1%
        COPX 38.27 4%

         



        Cabral Gold Trenching returns 5m @ 8.3 g/t gold

        Cabral Gold Inc. (TSX.V: CBR)
        Provided assay results from several trenches recently excavated immediately west of the main Machichie target within the Cuiú Cuiú gold district in northern Brazil. 
         
        Highlights were Trench CT35A, located 285m west of the most westerly drill hole at the main E-W trending Machichie main zone, returned 5m @ 8.3 g/t gold including 1m @ 37.8 g/t gold.   […]

         

        .

        Cabral Gold TSX.V : CBR
        Stage Exploration
        Metals Gold
        Market cap C$58 m   @ 38c
        Location Para State, Brazil

         

        .

        Cabral Gold

        Cabral Gold Trenching Program Extends Machichie 285m to West and returns 5m @ 8.3 g/t gold, Cuiú Cuiú Gold District, Brazil 

        Vancouver,British Columbia – February 2, 2022 – Cabral Gold Inc. (“Cabral” or the “Company”) (TSXV: CBR) (OTC: CBGZF)is pleased to provide assay results from several trenches recently excavated immediately west of the main Machichie target within the Cuiú Cuiú golddistrict in northern Brazil. 
        Highlights are as follows:
        • Trench CT35A, located 285m west of the most westerly drill hole at the main E-W trending Machichie main zone, returned
        • 5m @ 8.3 g/t gold
        • including 1m @ 37.8 g/t gold
        • The mineralization in CT35A is on strike and interpreted to represent the western extension of the E-W trending main Machichie mineralized structure. If proven correct, this would represent a 60% extension to the known mineralized zone at Machichie. This suggests that the Machichie main zone could extend for at least 800m along strike, whilst still being open to the west
        • Trench CT36 completed 100m to the NE of CT35A also returned encouraging results in a new parallel structure at Machichie, including:
        • 0.6m @ 12.9 g/t gold,
        • 1.5m @ 1.6 g/t gold, and
        • 0.7 @ 1.1 g/t gold
        • Further trenching in both areas is in progress in advance of planned follow-up drilling

        Cabral Gold management comments

         “The results from recent trenching west of the main E-W trending Machichie mineralized zone suggest there could be a significant extension to the zone as we currently know it, indicating a possible 60% addition to the strike length of the known mineralized structure.
        “Whilst further trenching is ongoing and drilling is planned, this is a major development in our efforts to determine the size and scope of the mineralized zones at Machichie, which is located just 500m north of the MG gold deposit.
        “It also adds further support to previous drilling which identified numerous near-surface high-grade vein structures in this area of the Cuiú Cuiú property.
        “With the existing two gold deposits at MG and Central, the recent discovery of three near-surface gold in oxide blankets, and a new hard-rock mineralized zone at the PDM target, Cuiú Cuiú is rapidly emerging as a significant gold district, containing multiple zones of near-surface gold mineralization, which are all located in close proximity.” 
        Alan Carter, Cabral Gold President and CEO.
        /

        Machichie Trench Results

        The Machichie target is located 500m north of the MG gold deposit (Figure 1).
        It was initially discovered in 2019. Previous drilling at Machichie identified a persistent mineralized zone which is E-W trending, dips steeply to the north.
        The main zone consists of a high-grade core zone surrounded by a low-grade alteration envelope. This is very similar to the style of primary bedrock gold deposits at MG and Central, as well as the recently announced PDM basement discovery (see press releases dated December 15, 2021 and January 12, 2022). 
        .
        .
        Cabral Gold location map

        Figure 1: Map showing the location of the Machichie target and the existing MG and Central gold primary gold deposits, as well as the recently identified gold-in-oxide blanket and underlying mineralized zone in hard rock at the PDM target within the Cuiú Cuiú district. Other key targets are shown as yellow circles.

        ..

        For brevity, this summary has been redacted, to read the full news release, please click HERE.

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        City Investors Circle is based in the financial district in the City of London

        We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

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        If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

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        This website is not sponsored, we are truly independent, and will always remain so.

        Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

        All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

        These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

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        Cabral Gold Drills 55.1m @ 1.1 g/t gold at Cuiú Cuiú

        Cabral Gold  (TSX.V: CBR)

        Reported assay results from an initial 12 RC drill holes and three diamond holes drilled within and above the Central gold deposit within the Cuiú Cuiú gold district in northern Brazil. 

        The Highlight was  55.1m @ 1.1 g/t gold including 5m @ 6.1 g/t gold.  […]

         

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        Cabral Gold TSX.V : CBR
        Stage Exploration
        Metals Gold
        Market cap C$67 m   @ 40c
        Location Para State, Brazil

         

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        Cabral Gold excavator

         

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        Cabral Gold Drills 55.1m @ 1.1 g/t gold including 5m @ 6.1 g/t gold, and Identifies a Third Gold-in-Oxide Blanket within Cuiú Cuiú Gold District

        Vancouver, British Columbia – January 27, 2022 – Cabral Gold Inc. (“Cabral” or the “Company”) (TSX.V: CBR) (OTC: CBGZF) is pleased to provide assay results from an initial 12 RC drill holes and three diamond holes drilled within and above the Central gold deposit within the Cuiú Cuiú gold district in northern Brazil. 
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        Highlights are as follows:

         
        • DDH251, intersected gold-in-oxide mineralization at the Central deposit, and returned 
        • 55.1m @ 1.1 g/t gold from 4.9m depth
        • including 5m @ 6.1 g/t gold 
        • and 15.5m @ 1.7 g/t gold from 65.8m depth
        • and 3.5m @ 0.8 g/t gold from 81.3m depth in un-weathered and highly brecciate and altered intrusive rocks beneath the oxidation
         
        • DDH247, also drilled at Central, returned 11.0m @ 0.7 g/t gold from surface, in gold-in-oxide blanket material, as well as 20.4m @ 0.5 g/t gold and 23.3m @ 0.3 g/t gold in un-weathered and highly brecciate and altered intrusive rocks further down the hole 
         
        • Results on an initial 10 shallow RC holes drilled within and around the northern part of the Central deposit, revealed a thin but consistent gold-in-oxide blanket. Results of note include RC259 which returned 26m @ 0.4 g/t gold in oxidized material from surface 
         
         

        Cabral Gold Management comments

        “The results from the initial drilling at the Central gold deposit clearly demonstrate that we have a significant zone of gold-in-oxide mineralization forming a blanket above the primary Central deposit.
        “This is the third gold-in-oxide blanket identified at Cuiú Cuiú since the initial discovery at MG in April of last year, and these recent discoveries are in addition to the two existing hard-rock deposits with resources at Cuiú Cuiú.
        “At this stage, we do not know the extent of the blanket or how much of this material at Central is in-situ weathered primary gold mineralization, and how much is transported cover material.
        “Nevertheless, both types of material are expected to add significantly to the inventory of potentially leachable gold-in-oxide deposits recently identified at MG and PDM.
        “Additional drilling over the next months is expected to further define the limits of the oxide material at Central, whilst providing further definition of the high-grade zones within the underlying primary deposit at Central.”
        Alan Carter, Cabral Gold President and CEO
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        For brevity, this summary has been redacted, to read the full news release, please click HERE
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        .

        City Investors Circle is based in the financial district in the City of London

        We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

        Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

        Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

        We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

        If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

        .

        =======

        ,

        This website is not sponsored, we are truly independent, and will always remain so.

        Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

        All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

        These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

        .

        To read our full terms and conditions, please click HERE