Announcement Date: 2022-05-03
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Cabral Gold Inc.
Project name: Cuiu Cuiu
Location: Brazil
Commodities: Gold
Highlight: Drilling results incl. 9.6m @ 16.4g/t Au from 164.3m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Vancouver, British Columbia–(Newsfile Corp. – May 3, 2022) – Cabral Gold Inc. (TSXV: CBR) (OTC Pink: CBGZF) (“Cabral” or the “Company”) is pleased to provide assay results from three diamonddrill holes on two sections in the southern part of the primary Central gold deposit within the Cuiú Cuiú Gold District, northern Brazil. Diamond drilling at Central has been designed to: 1) better establish continuity and define high-grade, highly altered, brecciated and sheared zones within the primary basement deposit, 2) explore for additional high-grade mineralization in parts of the current resource with a low historic drill density, and 3) improve definition of the near-surface gold-in-oxide mineralization, a portion of the deposit that was historically largely undrilled. The near-surface oxide mineralization could be very important should heapleach processing prove viable. Assay results are reported herein from three diamond-drill holes recently completed on two adjacent sections located in the southern portion of the Central deposit (Figures 2, 3, and 4). DDH268 and DDH281 were completed on section N20870. DDH267 was drilled on the next section to the southeast, N20845.
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