Cabral Gold (TSE:CBR) has released an update.
Cabral Gold has unveiled a promising prefeasibility study for its Cuiú Cuiú gold project in Brazil, highlighting a high return on investment with an after-tax IRR of 47.3% and potential expansion options. The initial operation is expected to produce 19,700 ounces of gold annually at a low cost, with a short payback period, making it an attractive investment opportunity in the gold sector.
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