Cabral Gold Surges Ahead as Cuiú Cuiú Targets First Gold Six Weeks Early
Cabral Gold Inc. has received its Operating License from Pará state authority SEMAS/PA, clearing the final regulatory step for cyanide use at its Cuiú Cuiú Phase 1 heap leach project in Brazil.
The first gold production is now targeted for September 2026, approximately six weeks ahead of schedule, with commercial production ramping up during the fourth quarter of 2026.
Cabral's share price has held up while peer junior gold equities pulled back on weaker gold prices and Middle East tensions, according to President and Chief Executive Officer Alan Carter.