Cabral Gold Advances Brazil Mine After Securing $45M US | Alan Carter

Cabral Gold Corp. (TSXV: CBR) President and CEO Alan Carter joins Kitco Mining’s Investment Trends with Paul Harris to discuss Cabral’s move into production at its Cuiú Cuiú gold district in Brazil, following a construction decision and secured project financing.Carter said the company is building its phase one oxide operation and expects to declare commercial production in the fourth quarter of this year. A pre-feasibility study released in July 2025 outlined a starter mine producing roughly 18,000 to 19,000 oz of gold per year. “We modeled the project at a gold price of $2,500 an ounce,” Carter said, noting the study delivered a 78% after-tax rate of return and projected all-in sustaining costs of about $1,200 per oz. With gold prices now well above those assumptions, Carter said capital payback at current prices is “probably in the order of about four months,” adding the build is “on schedule” and “on budget.”The interview also covers Cabral’s $45 million US gold loan financing, which Carter said involved no equity dilution and was provided by the company’s largest institutional shareholder. He said phase one cash flow is expected to fund exploration and growth, stating, “We are not going to need to dilute this capital structure going forward.” Carter also said the company plans to update its global resource later this year following 35,000 m of drilling and multiple new discoveries.Don’t forget to subscribe to the Kitco Mining & Kitco News YouTube channels to stay up to date on the latest industry news and interviews.00:00 – Gold Development in Brazil and Cabral Gold Overview01:22 – Cuiú Cuiú Project Overview and Construction Update02:03 – Project Financing and Gold Loan Structure05:11 – Project Economics, Payback, and Gold Price Assumptions13:49 – Exploration Results and Resource Growth Potential22:17 – Phase Two Strategy and Long-Term Growth Vision__________________________________________________________________Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices.Get important precious and base metal updates while on the go with the Kitco Gold LIVE! app - https://applications.kitco.comStay connected with usX - https://x.com/KitcoMiningInstagram - https://www.instagram.com/kitcominingLinkedIn - https://www.linkedin.com/company/kitco-miningFacebook - https://www.facebook.com/KitcoMiningConnect with the Kitco Mining anchorsPaul Harris - https://x.com/paulharrisgold For more in-depth mining coverage, visit us here - https://www.kitco.com/miningDisclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.