Business
Cabral Gold Appoints New Directors
Vancouver, British Columbia--(Newsfile Corp. - August 8, 2023) - Cabral Gold Inc.  (TSXV: ...
About this update from Cabral Gold, Inc.
[{"type":"text","content":"Cabral Gold Appoints New DirectorsVancouver, British Columbia--(Newsfile Corp. - August 8, 2023) - Cabral Gold Inc. (TSXV: CBR) (OTC PINK: CBGZF) (\"Cabral\" or the \"Company\") is pleased to announce the appointment of Jon Gilligan, Ian Gendall and Larry Lepard to its Board of Directors, effective immediately.Alan Carter, Cabral's President and CEO commented, \"I am very pleased to welcome Jon, Ian and Larry to the Board of Directors. Our ongoing Prefeasibility Study on the near surface gold-in-oxide material at the Cuiú Cuiú district, and the recent transaction with Osisko Gold Royalties, means that additional skills and expertise will be required at the Board level. The fact that experienced and successful industry participants in the form of Jon, Ian and Larry have agreed to join our Board is another significant endorsement of the Cuiú Cuiú gold district.\" Jon Gilligan has 35 years experience and a PhD in Geology (gold). He is currently the COO of Liberty Gold and previously held senior positions with Torex Gold, SSR Mining Inc., and BHP. Jon has extensive experience in advancing and building mines around the world including the Marigold open-pit heap leach operation, Nevada, USA; Chinchillas open pit mine, Argentina; Olympic Dam Expansion Project, South Australia and the Escondida and Escondida Norte mines in Chile. He was previously Manager Mine Operations at the giant Escondida copper mine in Chile. Jon has a proven track record of building high-performance exploration, development and operational mining teams in challenging environments.Ian Gendall is the President & CEO of DLP Resources and was previously with Gencor, Billiton, Anglo American, Antofagasta and more recently OceanaGold. Whilst working with Billiton, Ian led the team that was responsible for the discovery of an entirely new porphyry copper district in southern Ecuador. One of the companies that acquired part of the district was subsequently sold to CRCC-Tongguan Investment Co., Ltd. for $679M. He has extensive knowledge of operating in Brazil and in particular the Tapajos region and was previously COO of Magellan Minerals. Larry Lepard is Managing Partner at Equity Management Associates, an investment fund focused on the precious metals sector and which has over US$60M under management. Larry previously spent 25 years as ...