Cabral Gold Inc. announced the appointment of Jon Gilligan, Ian Gendall and Larry Lepard to its Board of Directors, effective 09 August 2023. Jon Gilligan has 35 years experience and a PhD in Geology (gold). He is currently the COO of Liberty Gold and previously held senior positions with Torex Gold, SSR Mining Inc., and BHP.

Jon has extensive experience in advancing and building mines around the world including the Marigold open-pit heap leach operation, Nevada, USA; Chinchillas open pit mine, Argentina; Olympic Dam Expansion Project, South Australia and the Escondida and Escondida Norte mines in Chile. He was previously Manager Mine Operations at the giant Escondida copper mine in Chile. Jon has a proven track record of building high-performance exploration, development and operational mining teams in challenging environments.

Ian Gendall is the President &CEO of DLP Resources and was previously with Gencor, Billiton, Anglo American, Antofagasta and more recently OceanaGold. Whilst working with Billiton, Ian led the team that was responsible for the discovery of an entirely new porphyry copper district in southern Ecuador. One of the companies that acquired part of the district was subsequently sold to CRCC-Tongguan Investment Co.

Ltd. for $679M. He has extensive knowledge of operating in Brazil and in particular the Tapajos region and was previously COO of Magellan Minerals. Larry Lepard is Managing Partner at Equity Management Associates, an investment fund focused on the precious metals sector and which has over $60M under management.

Larry previously spent 25 years as a professional investor and venture capitalist with Geocapital and Summit Partners, and has an MBA with Academic Distinction from Harvard Business School and a BA in Economics from Colgate University. The appointments of Jon, Ian and Larry to the Board brings the total number of Board members to six. They join the existing Board members of Mark Smith, Alan Carter and Sami Arap.