Announcement Date: 2022-10-24
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. 10.3m at 3.0g/t Au from 63.5m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Vancouver, British Columbia–(Newsfile Corp. – October 24, 2022) – Cabral Gold Inc. (TSXV: CBR) (OTC Pink: CBGZF) (“Cabral” or the “Company”) is pleased to provide assay results from eight diamond-drill holes testing the Machichie Main zone within the Cuiú Cuiú gold district. The discoveries at the Machichie Complex were not included in the recent mineral resource estimate (see press release dated September 30, 2022). Highlights are as follows The Machichie target is located 500m north-west of the MG gold deposit (Figure 1). Previous drilling at the Machichie Main zone identified a persistent mineralized zone which is east-trending and dips steeply to the north. This main zone consists of parallel high-grade core zones surrounded by a low-grade alteration envelope. This is similar in style to the bedrock gold deposits at MG and Central as well as the recently announced PDM basement discovery
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