Cabral Resources - Building blocks in Brazil
Sep 12th 2012 - Edison Investment Research today published a report on Cabral Resources entitled "Building Blocks In Brazil". In summary, the report says:
Cabral Resources (CBS) is rapidly growing its already substantial portfolio of projects in the emerging iron ore province near Brumado in Bahia state, Brazil. Initial assay results from its maiden 3,000m diamond drilling programme at Morro do Gergelim, once complete, will be an important step towards defining the in-ground resource for the company. Cabral’s 465km2 tenement holding has potential for coarse-grained magnetite ore, itabirite ore and high-grade direct shipping hematite ore, and is close to government-funded export infrastructure, currently under construction.
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