Cabral Gold's Reserves Cover 3 of 5 Oxide Blankets: 7 Things to Know

Original announcement by cruxinvestor on

Company
Cabral Gold Inc.
Ticker
CBR
Exchange
Unavailable
Region
Pará State, Brazil
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Resource update, Drill results
Extracted
2026-10-06 13:08:22 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Cabral Gold's Phase 1 reserves at the Cuiú Cuiú Gold District total 128,903 ounces of Probable Reserves across three oxide blankets. The company is targeting a 6-deposit resource update and Phase 1 expansion details by the end of 2026.

Reasoning: The document summarizes current reserve status and provides context for an upcoming resource update and Phase 1 expansion.

Positive factors

  • Probable reserves cover 3 of 5 oxide blankets
  • Drilling since PFS has found additional oxide material
  • Phase 1 expansion and year-end resource update upcoming

Negative factors

  • Two oxide blankets currently excluded due to insufficient drill density

Facts used in scoring: 15

Extracted facts

Stored fact records: 15. Some facts used in scoring do not have a stored record.

Drill Results (7)

Jerimum CimagoldGrade: 87.4Grade Unit: g/tIntercept: 9.5 mView all details
Link to this fact

Identity

Hole ID
Jerimum Cima
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
87.4
Grade Unit
g/t
Intercept
9.5 m

Classification

Sample Type
drill

QA/QC

QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-06T00:00:00.000Z

Reasoning: High grade intercept at Jerimum Cima.

Positive factors

  • Bonanza grade

Evidence · text

“9.5 meters at 87.4 g/t gold”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Jerimum CimagoldGrade: 5.1Grade Unit: g/tIntercept: 39 mView all details
Link to this fact

Identity

Hole ID
Jerimum Cima
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
5.1
Grade Unit
g/t
Intercept
39 m

Classification

Sample Type
drill

QA/QC

QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-06T00:00:00.000Z

Reasoning: Significant intercept at Jerimum Cima.

Positive factors

  • Strong width and grade

Evidence · text

“and 39 meters at 5.1 g/t gold.”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Machichie MaingoldGrade: 5.4Grade Unit: g/tIntercept: 34 mView all details
Link to this fact

Identity

Hole ID
Machichie Main
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
5.4
Grade Unit
g/t
Intercept
34 m

Classification

Sample Type
drill

QA/QC

QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-06T00:00:00.000Z

Reasoning: Drilling below oxide at Machichie Main.

Evidence · text

“returned 34 meters at 5.4 g/t gold”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Machichie MaingoldGrade: 11.6Grade Unit: g/tIntercept: 6.4 mView all details
Link to this fact

Identity

Hole ID
Machichie Main
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
11.6
Grade Unit
g/t
Intercept
6.4 m

Classification

Sample Type
drill

QA/QC

QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-06T00:00:00.000Z

Reasoning: High grade intercept at Machichie Main.

Evidence · text

“and 6.4 meters at 11.6 g/t gold at Machichie Main.”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Machichie NEgoldGrade: 33Grade Unit: g/tIntercept: 11 mView all details
Link to this fact

Identity

Hole ID
Machichie NE
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
33
Grade Unit
g/t
Intercept
11 m

Classification

Sample Type
drill

QA/QC

QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-06T00:00:00.000Z

Reasoning: High grade intercept at Machichie NE.

Positive factors

  • Bonanza grade

Evidence · text

“returned 11 meters at 33.0 g/t gold”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Machichie NEgoldGrade: 89.3Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
Machichie NE
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
89.3
Grade Unit
g/t
Intercept
4 m

Classification

Sample Type
drill

QA/QC

QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-06T00:00:00.000Z

Reasoning: Very high grade intercept at Machichie NE.

Positive factors

  • Bonanza grade

Evidence · text

“including 4 meters at 89.3 g/t gold”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Machichie NEgoldGrade: 27.7Grade Unit: g/tIntercept: 12 mView all details
Link to this fact

Identity

Hole ID
Machichie NE
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
27.7
Grade Unit
g/t
Intercept
12 m

Classification

Sample Type
drill

QA/QC

QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-06T00:00:00.000Z

Reasoning: High grade intercept at Machichie NE.

Evidence · text

“and 12 meters at 27.7 g/t gold.”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Resource Estimates (8)

probablegoldTonnes: 6178000Grade: 0.65Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
gold
Region
brazil
Reported Region
Pará State, Brazil
Ticker
CBR

Resource scope

Estimate type
reserve
Resource group id
resource:fe0164bea7a9f5e227a0
Deposit or zone
Phase 1 oxide blankets
Material type
oxide
Resource basis
gross

Resource Data

Category
probable
Tonnes
6178000
Grade
0.65
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-06T00:00:00.000Z

Reasoning: Summary of current Phase 1 reserve base.

Positive factors

  • Covers 3 of 5 identified blankets

Negative factors

  • Two blankets excluded due to drill density

Evidence · text

“Phase 1's reserve base totals 128,903 ounces of Probable Reserves in 3 of the 5 gold-in-oxide blankets identified in the district.”

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

No QP/CP Disclosurenegative

No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: no Qualified or Competent Person is named anywhere in the release

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

inferredgoldTonnes: 1600000Grade: 0.43Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
gold
Region
brazil
Reported Region
Pará State, Brazil
Ticker
CBR

Resource scope

Estimate type
resource
Resource group id
resource:eaee488eea76e3b5fc89
Deposit or zone
PDM

Resource Data

Category
inferred
Tonnes
1600000
Grade
0.43
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-06T00:00:00.000Z

Reasoning: Inferred resource at PDM currently excluded from reserves.

Negative factors

  • Insufficient drill density for inclusion in PFS

Evidence · text

“PDM holds an Inferred oxide resource of 1,600,000 tonnes at 0.43 g/t gold for 22,100 ounces.”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

No QP/CP Disclosurenegative

No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: no Qualified or Competent Person is named anywhere in the release

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

indicatedgoldTonnes: 1334744Grade: 0.56Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
gold
Region
brazil
Reported Region
Pará State, Brazil
Ticker
CBR

Resource scope

Estimate type
resource
Resource group id
resource:19f6d23185ce0869b860
Deposit or zone
Machichie oxide

Resource Data

Category
indicated
Tonnes
1334744
Grade
0.56
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-06T00:00:00.000Z

Reasoning: Indicated resource component of Machichie oxide.

Evidence · text

“Its oxide resource stands at 1,334,744 tonnes Indicated at 0.56 g/t gold for 24,123 ounces”

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

No QP/CP Disclosurenegative

No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: no Qualified or Competent Person is named anywhere in the release

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

inferredgoldTonnes: 714188Grade: 0.54Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
gold
Region
brazil
Reported Region
Pará State, Brazil
Ticker
CBR

Resource scope

Estimate type
resource
Resource group id
resource:f2fbcb5d4b9817427da7
Deposit or zone
Machichie oxide

Resource Data

Category
inferred
Tonnes
714188
Grade
0.54
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-06T00:00:00.000Z

Reasoning: Inferred resource component of Machichie oxide.

Evidence · text

“plus 714,188 tonnes Inferred at 0.54 g/t gold for 12,403 ounces.”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

No QP/CP Disclosurenegative

No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: no Qualified or Competent Person is named anywhere in the release

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

indicatedgoldTonnes: 13560000Grade: 0.5Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
gold
Region
brazil
Reported Region
Pará State, Brazil
Ticker
CBR

Resource scope

Estimate type
resource
Resource group id
resource:b112797d33626d6701a1
Deposit or zone
Current oxide inventory

Resource Data

Category
indicated
Tonnes
13560000
Grade
0.5
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-06T00:00:00.000Z

Reasoning: Current total oxide indicated resource.

Evidence · text

“The current oxide inventory is 13.56 million tonnes Indicated at 0.50 g/t gold for 216,182 ounces”

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

No QP/CP Disclosurenegative

No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: no Qualified or Competent Person is named anywhere in the release

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

inferredgoldTonnes: 6400000Grade: 0.34Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
gold
Region
brazil
Reported Region
Pará State, Brazil
Ticker
CBR

Resource scope

Estimate type
resource
Resource group id
resource:d317eb5c210dac34a1a0
Deposit or zone
Current oxide inventory

Resource Data

Category
inferred
Tonnes
6400000
Grade
0.34
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-06T00:00:00.000Z

Reasoning: Current total oxide inferred resource.

Evidence · text

“and 6.4 million tonnes Inferred at 0.34 g/t gold for 70,569 ounces.”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

No QP/CP Disclosurenegative

No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: no Qualified or Competent Person is named anywhere in the release

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

indicatedgoldTonnes: 12290000Grade: 1.14Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
gold
Region
brazil
Reported Region
Pará State, Brazil
Ticker
CBR

Resource scope

Estimate type
resource
Resource group id
resource:cc5abc3ec494b5342ff2
Deposit or zone
Phase 2 hard rock

Resource Data

Category
indicated
Tonnes
12290000
Grade
1.14
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-06T00:00:00.000Z

Reasoning: Hard rock indicated resource component.

Evidence · text

“The hard rock resource stands at 12.29 million tonnes Indicated at 1.14 g/t gold for 450,200 ounces”

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

No QP/CP Disclosurenegative

No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: no Qualified or Competent Person is named anywhere in the release

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

inferredgoldTonnes: 13630000Grade: 1.04Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
gold
Region
brazil
Reported Region
Pará State, Brazil
Ticker
CBR

Resource scope

Estimate type
resource
Resource group id
resource:42b4361766ee536c9a7c
Deposit or zone
Phase 2 hard rock

Resource Data

Category
inferred
Tonnes
13630000
Grade
1.04
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-06T00:00:00.000Z

Reasoning: Hard rock inferred resource component.

Evidence · text

“and 13.63 million tonnes Inferred at 1.04 g/t gold for 455,100 ounces.”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

No QP/CP Disclosurenegative

No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: no Qualified or Competent Person is named anywhere in the release

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.