Mr. Cooper worked in various capacities with Echo Bay Mines for 12 years from 1985 onwards, and was Mine Superintendent at Homestake’s high-grade Eskay Creek Mine from 1997 to 2000.
From 2006 to 2009 he joined Baffinland Iron Mines as Vice President Operations and Chief Operating Officer, before being appointed a Vice President and senior mining analyst with Dundee Securities in Toronto from 2009 to 2011.
Mr. Cooper is Principal at Cooper Mine Management and Valuation Consulting and is a director of Moneta Porcupine Mines Inc.
The Company also announces that Dennis Moore has resigned from the Board of Directors as part of his retirement process.
His experience with Kinross Gold and its Paracatu gold mine in Brazil in particular, should prove invaluable to Cabral as we continue to advance towards unlocking the high-grade potential of the Cuiú Cuiú gold project”.
Cabral’s Board of Directors has approved the granting of restricted share units , one hundred percent of the RSUs will vest 36 months after the date of grant.
The stock options entitle the holders to purchase a total of 600,000 common shares in the capital stock of the Company at a price of $0.49 per common share.
The Company is a junior resource company engaged in the identification, exploration and development of mineral properties, with a primary focus on gold properties located in Brazil.
FAusIMM., a consultant to the Company as well as a Qualified Person as defined by National Instrument 43-101, supervised the preparation of the technical information in this news release.
These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements.