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Cabral Gold Announces That Metallurgical Test Results from MG Gold-in-Oxide Material at Cuiú Cuiú Indicate 92 - 93% Gold Leach Recoveries
Vancouver, British Columbia--(Newsfile Corp. - July 31, 2024) - Cabral Gold Inc. (TSXV: CBR...
About this update from Cabral Gold, Inc.
[{"type":"text","content":"\nCabral Gold Announces That Metallurgical Test Results from MG Gold-in-Oxide Material at Cuiú Cuiú Indicate 92 - 93% Gold Leach RecoveriesVancouver, British Columbia--(Newsfile Corp. - July 31, 2024) - Cabral Gold Inc. (TSXV: CBR) (OTC Pink: CBGZF) (\"Cabral\" or the \"Company\") is pleased to provide results from three additional column-leach metallurgical tests on three samples of gold-bearing oxide material from the MG gold deposit within the Cuiú Cuiú gold district in northern Brazil.Highlights are as follows:Gold recoveries from three samples from the MG gold deposit (i) blanket soil, colluvium and sediments, (ii) low-grade saprolite material and (iii) higher grade saprolite material from the MG gold deposit ranged from 92 - 93% after 68 to 112 days of column leaching The results for all three samples were very consistent and confirm that heap-leach processing is highly viable at the MG gold deposit and that heap leaching of the oxide material is likely the preferred option for processingThese results are a notable improvement on previous column leach tests conducted on a composite sample of blanket and saprolite material from MG, which returned 82% gold recoveries after 60 daysAlan Carter, Cabral's President and CEO commented, \"These column leach test results are very encouraging and confirm that that the gold-in-oxide material at the MG gold deposit at Cuiú Cuiú is amenable to heap-leach processing. The leach recoveries of 92% to 93% are excellent and significantly better than previous test work which revealed an 82% recovery. They are also significantly higher than most heap leach gold mines that are currently in operation. These results should allow us to positively adjust our projected gold recoveries which form part of the ongoing prefeasibility study. These gold recoveries are particularly significant given the recent excellent drill results we are seeing from the Machichie Main and Machichie NE targets which are located only 500m and 650m north of the MG gold deposit, and indicate significant potential for additions of gold-in-oxide material in close proximity to MG.\" Column Leach testsAs part of the ongoing prefeasibility study on the gold-in-oxide material at Cuiú Cuiú, Cabral collected mineralized material from the MG gold deposit and shipped three composite sa...