Cabral Gold Announces Infill Drilling Results at MG Gold Deposit in Brazil

• Cabral Gold completed 24 shallow reverse circulation (RC) holes totalling 3,174 metres at the MG gold deposit, targeting near-surface oxide material in the planned starter pit.
• Notable results include 48 metres grading 1.35 grams per tonne gold from 4 metres depth, 17 metres grading 2.27 grams per tonne gold from surface, and multiple other intersections ranging from 0.64 grams per tonne to 1.97 grams per tonne gold over widths of 14 to 50 metres.
• The infill program confirmed the continuity of gold‑oxide mineralisation across the eastern and central portions of the MG starter pit, supporting confidence in existing resource models.
• Results will be integrated into an updated mine plan and reserve estimate, informing technical studies and Phase 1 gold‑in‑oxide production planning.
• Additional infill drilling will focus on higher-grade zones at a 12.5 x 12.5 metre spacing, with Phase 1 mining operations scheduled for the fourth quarter of 2026

Company Overview

Cabral Gold Inc. (TSXV: CBR; OTCQX: CBGZF) is a junior resource company focused on gold exploration and development in Brazil. Its principal asset is the 100% owned Cuiú Cuiú Gold District in the Tapajós region, northern Brazil, which hosts multiple deposits with oxide and basement gold mineralisation. 

Infill Drilling Results

Cabral Gold announced results from infill reverse circulation (RC) drilling at its MG gold deposit within the Cuiú Cuiú Gold District. Results have been received on an initial 24 infill RC holes, while a total of 68 RC holes totalling 3,174 metres have been completed to date on 25 × 25 metre spacing. This drilling targets near-surface gold‑oxide material in the eastern and central portions of the planned MG starter pit. These results validate historical drilling and confirm continuity of gold‑oxide mineralisation across multiple zones.

The notable intercepts include a 48‑metre intersection grading 1.35 grams per tonne gold from 4 metres depth, a 17‑metre section at 2.27 grams per tonne gold from surface, a 42‑metre interval at 0.64 grams per tonne gold from surface, and two 50‑metre intersections grading 0.87 grams per tonne gold and 1.35 grams per tonne gold from surface. Additional positive results included 14 metres at 1.97 grams per tonne gold from surface, 29 metres at 1.36 grams per tonne gold from surface, and 33 metres at 0.90 grams per tonne gold from surface. Collectively, these results confirm that heap‑leach‑amenable oxide material extends across the planned starter pit area. The early results reconfirm the presence of meaningful grades over significant widths in weathered saprolite and overlying sediments. 

President and Chief Executive Officer of Cabral Gold, Alan Carter, commented on the significance of the results:

"This first batch of infill drill results at MG are highly encouraging and confirm the presence of good grades over significant widths within the near-surface weathered saprolite material and the overlying blanket sediments. These data will allow us to further refine our mine plan for the starter pit and update the gold-in-oxide reserve base for the MG gold-in-oxide deposit. This, in turn, will provide us with greater confidence during the initial year of mining at MG."

Program Objectives

The infill drilling program is designed to improve confidence in the MG starter pit and support upgrading the current reserve by the end of this month. Additional infill drilling will focus on higher-grade zones at a 12.5x12.5 metre spacing to further upgrade near-surface resources. 

Next Steps

Cabral Gold will continue infill drilling in the higher-grade zones to increase confidence in near-surface resources. The results will be integrated into an updated mine design and a reserve estimate informing upcoming technical studies. Simultaneously, the company is advancing preparations for Phase 1 gold-in-oxide mining operations, planned to commence in the fourth quarter of 2026.