Gold Reserves at Cuiu Cuiu to Double Cabral CEO Signals Major Mining Upside

5 days ago
24

Cabral Gold CEO Alan Carter joins Kitco Mining with a bold update from Brazil’s Tapajós region—home to the world’s largest untapped gold rush. Carter unveils a high-impact plan for the Cuiú Cuiú project, a site once overlooked but now poised to become a major force in hard-rock gold mining.

Cabral's newly published pre-feasibility study reveals a lean, open-pit mine design set to produce 18,500 ounces of gold annually over 6+ years. With a build cost of just $37.7 million, a lightning-fast 10-month payback, and a potential return of up to 140% at today’s gold prices, the project stands as a textbook example of capital efficiency and resource leverage.

Situated beside Brazil’s third-largest gold mine, Cabral’s Cuiú Cuiú project is entering a high-momentum growth phase. Stage One alone could generate $50 million per year in revenue—funding deeper exploration as three rigs currently target doubling the existing 1.2 million ounces in resources.

With production targeted by end of 2026, this is a story of gold, grit, and geopolitical upside—an American investor’s look at strategic opportunity south of the equator.

01:53 - History and Acquisition of the Project
02:55 - Current Gold Deposits and Discoveries
03:30 - Comparison with Neighboring Mines
05:43 - Alan Carter's Involvement and Vision
10:01 - Two-Stage Development Strategy
12:08 - Pre-Feasibility Study Insights
13:23 - Financing and Construction Plans
24:13 - Future Exploration and Production Goals
25:34 - Key Catalysts and Conclusion

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