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Cabral Gold Reports on Construction Progress at Cuiú Cuiú Gold Project
Vancouver, British Columbia--(Newsfile Corp. - December 17, 2025) - Cabral Gold Inc. (TSXV:...
About this update from Cabral Gold, Inc.
[{"type":"text","content":"Cabral Gold Reports on Construction Progress at Cuiú Cuiú Gold ProjectVancouver, British Columbia--(Newsfile Corp. - December 17, 2025) - Cabral Gold Inc. (TSXV: CBR) (OTCQX: CBGZF) (\"Cabral\" or the \"Company\") is pleased to announce a construction update regarding its Phase 1 gold-in-oxide heap leach project at the Cuiú Cuiú Gold District, Brazil.HighlightsConstruction activity for the Phase 1 gold-in-oxide heap leach construction project is accelerating and remains on track and on budget for commercial production in Q4 2026 Detailed engineering is currently 26% complete and on track. Procurement of capital items is currently 65% complete (by value) with the procurement of the remaining equipment to be finalized during Q1 2026 143 employees and contractors are currently employed on site on the construction project (excluding the off-site Ausenco Brazil engineering team and members of the owners' team as well as Cabral's exploration team), 100% of employees and contractors are BrazilianExploration drilling aimed at expanding the hard rock resources within the Cuiú Cuiú district continues, with three rigs currently on siteEffective immediately, the Company has also qualified to trade on the OTCQX market in the US (under the symbol CBGZF, having upgraded its listing from the OTCQB Venture market Alan Carter, Cabral's President and CEO commented, \"Since making the formal construction decision in mid-October, we have made good progress on the construction of our Phase 1 gold-in-oxide heap leach project at Cuiú Cuiú. The execution of the project plan is going as planned in terms of both schedule and budget, and we continue to target commercial production at Cuiú Cuiú in the fourth quarter of 2026. We are excited to see the major changes occurring on site on a daily basis and we look forward to providing regular construction updates through 2026. Our exploration drilling program aimed at expanding the hard rock resources will continue during construction and beyond.\"Cuiú Cuiú Construction UpdateDetailed Engineering Detailed engineering is being undertaken by Ausenco Brazil and is 26% complete and on track. Notable advancements to date include the completion of all infrastructure drawings, and the issuance of the main mechanical arrangements. The detailed design...