Dig Deep From Gold Rush to Modern Mining: The Untapped Potential of Brazil's Tapajós Region
In this episode, we chat with Alan Carter, President & CEO of Cabral Gold, a mineral exploration company with a focus on gold and copper with a key asset, the Cuiú Cuiú gold project located in Northern Brazil.
A geologist by background, Alan has an extensive career across South America so is well-positioned to develop this gold project in Brazil, and gives us an update on the Cuiú Cuiú Gold project since we last spoke, his outlook for the junior space, their latest drill results, mining in Brazil and outlook of the company.
KEY TAKEAWAYS
- Cabral Gold is a mineral exploration company primarily focused on gold and copper, with a key asset in the Cuiú Cuiú gold project located in northern Brazil. The company aims to explore the Tapajós region, which has a rich history of gold production.
- The outlook for gold prices remains optimistic due to geopolitical tensions, inflation risks, and increased central bank demand. The junior mining sector, which has lagged behind major producers, is beginning to show signs of movement as gold prices rise.
- The exploration sector has evolved, with a shift away from traditional models that relied heavily on dilution for funding. Companies are now focusing on generating cash flow through initial small-scale production to fund further exploration and development.
- Recent drill results from the Cuiú Cuiú project have shown promising high-grade intercepts, including a notable 12 meters at 27.7 grams per ton of gold. This indicates the potential for significant discoveries and resource growth in the area.
BEST MOMENTS
"The fundamentals are driving are all pointing towards a higher gold price... Both political and economic uncertainty is usually very good for the gold price."
"We've already got 1.3 million ounces on the scorecard. We're targeting five. This could be 10. It's definitely going to get a lot larger."
"Instead of relying on one private placement after another... a much better strategy is to get into production as fast as you possibly can."
Alan Carter: "The opportunity to really define a new world-class district... the potential of this region is, frankly, enormous."
VALUABLE RESOURCES
Mail: rob@mining-international.org
LinkedIn: https://www.linkedin.com/in/rob-tyson-3a26a68/
X: https://twitter.com/MiningRobTyson
YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast
Web: http://www.mining-international.org
This episode is sponsored by Hawcroft, leaders in property risk management since 1992. They offer:
- Insurance risk surveys recognised as an industry standard
- Construction risk reviews
- Asset criticality assessments and more
Working across over 600 sites globally, Hawcroft supports mining, processing, smelting, power, refining, ports, and rail operations. For bespoke property risk management services, visit www.hawcroft.com
GUEST SOCIALS
Cabral Gold - https://cabralgold.com/corporate/management/
Alan Carter LinkedIn - https://www.linkedin.com/in/alan-carter-636a796a/?originalSubdomain=ca
https://www.linkedin.com/company/cabral-gold/posts/?feedView=all
https://www.youtube.com/channel/UCuuhX3_5ABC-5RruviG1WKw
ABOUT THE HOST
Rob Tyson is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specialising in all areas of mining across the globe from first-world to third-world countries from Africa, Europe, the Middle East, Asia, and Australia. We source, headhunt, and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our clients' organisations in any mining discipline or level. Mining International provides a transparent, informative, and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace.
CONTACT METHOD
https://www.linkedin.com/in/rob-tyson-3a26a68/
Podcast Description
Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people’s experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.