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Cabral Gold Discovers Fifth High-Grade Gold Zone Strengthening Long-Term Growth & Expansion

Cabral Gold uncovers fifth gold-in-oxide blanket at Cuiú Cuiú project in Brazil with high-grade trench results, pointing to expandable gold resources.

  • Cabral Gold has discovered a fifth gold-in-oxide blanket at its flagship Cuiú Cuiú project in Brazil, with trench results of 18m @ 1.9 g/t gold including 1m @ 22.8 g/t gold.
  • The new Jerimum Cima target shows potential to expand the indicated gold-in-oxide resources considered in the recent positive pre-feasibility study.
  • Previous reconnaissance drilling at Jerimum Cima returned broad intervals of gold mineralization, supporting the presence of a substantial new oxide gold zone.
  • Exploration work is ongoing to define a maiden resource at Jerimum Cima and unlock the full potential across multiple untapped targets at the district.
  • With a growing gold-in-oxide resource base and compelling economics, Cabral Gold offers investors an attractive growth opportunity in a tier-one jurisdiction.

Cabral Gold Inc. (TSXV:CBR) is a Canada-based precious metals exploration company focused on advancing the Cuiú Cuiú gold district located in the state of Pará in northern Brazil. The 100%-owned, 36,000-hectare district represents the second largest placer goldfield in Brazil and has produced over 2Moz of gold since the 1970's. Cabral is unlocking the potential of this major gold district through systematic exploration.

Fifth Gold-in-Oxide Discovery at Cuiú Cuiú

In a major development, Cabral Gold has identified a fifth gold-in-oxide blanket at Cuiú Cuiú through trenching at the Jerimum Cima target. Surface trench CT050 returned an impressive intercept of 18m @ 1.9 g/t gold, including a bonanza-grade interval of 1m @ 22.8 g/t gold. The trench also yielded additional high-grade results of 0.8m @ 47.6 g/t gold (open), along with zones of 3m @ 0.5 g/t gold, 2m @ 0.3 g/t gold, and 1m @ 2.4 g/t gold.

Map showing location of the Jerimum Cima gold-in-oxide blanket located approximately 3km ENE of the Central gold deposit and 3.5km NW of the MG gold deposit (Retrieved from Cabral Gold News Release: Cabral Gold Identifies Fifth Gold-in-Oxide Blanket)

The results, in conjunction with earlier reconnaissance drilling, outline a substantial new gold-in-oxide blanket extending over an area of 900m x 1000m - comparable in footprint to Cabral's other major oxide gold deposits with established resources. The identification of this fifth blanket is a testament to the immense potential and district-scale nature of Cuiú Cuiú.

Positive Implications for Resource Growth

The Jerimum Cima discovery holds significant positive implications for Cabral's ongoing growth strategy. The recent pre-feasibility study (PFS) on a starter heap-leach operation only considered Indicated resources from two of the oxide deposits - Central and MG. The potential to upgrade Inferred resources at these deposits, coupled with the addition of gold-in-oxide resources from Jerimum Cima and other recent discoveries like PDM and Machichie, points to a robust opportunity to organically grow the mineable gold inventory.

Alan Carter, Cabral's President and CEO, emphasized the significance of this development:

"The surface trench results from CT050 at the Jerimum Cima target confirm that we have a fifth gold-in-oxide blanket within the Cuiú Cuiú gold district. The results demonstrate the presence of extensive gold-in-oxide mineralization of excellent grade at Jerimum Cima. This is likely to have a very positive impact on the recent PFS study on a starter heap-leach operation."

Indication of Underlying Hard Rock Potential

Previous reconnaissance drilling at Jerimum Cima, to the east of the recent trench, intersected broad intervals of gold mineralization in weathered oxide and saprolite material, including 14m @ 1.6 g/t gold, 20m @ 1.2 g/t gold, 10m @ 1.3 g/t gold and 24m @ 0.7 g/t gold

Map showing the Jerimum Cima target with historic RC and diamond drill holes and recently completed trench CT050
(Retrieved from Cabral Gold News Release: Cabral Gold Identifies Fifth Gold-in-Oxide Blanket)

Moreover, earlier scout drilling in a parallel zone 100-200m to the east returned high-grade intercepts of 46m @ 4.5 g/t gold and 33m @ 0.72 g/t gold in diamond drill holes. These results hint at the presence of more extensive zones of higher-grade gold mineralization in the near-surface saprolite that could extend into the underlying bedrock. This underscores the hard rock exploration potential at Jerimum Cima and the possibility of discovering primary gold deposits beneath the oxide blankets.

Ongoing Exploration to Unlock Full Potential

Cabral Gold is actively advancing exploration efforts at Jerimum Cima and adjacent targets to fully delineate the gold-in-oxide mineralization and test the hard rock potential. The company is completing additional surface work, including auger drilling and trenching, to be followed by the next phase of drilling.

VP Exploration Brian Arkell noted: "Jerimum Cima is actually one of four adjacent targets that we are exploring in the area where surface geochemistry and geophysics show high potential for discovery of near-surface gold-in-oxide mineralization. A large magnetic low in the Jerimum Cima area suggests extensive magnetite destruction in the intrusive host rocks which is one of the key indicators of alteration and mineralization at Cuiú Cuiú."

The coincidence of gold mineralization with magnetic lows, reflecting magnetite destruction, is a well-established signature of gold deposits in the district. Notably, the magnetic low at Jerimum Cima remains open to the north-northeast and south, where initial auger soil samples have returned anomalous gold values up to 100ppb, indicating further room for discovery.

Conclusion

The identification of a fifth gold-in-oxide blanket at Jerimum Cima marks an important milestone for Cabral Gold, solidifying Cuiú Cuiú's status as a district-scale gold project with expansive near-surface resources. The high-grade trenching results, supported by earlier wide-spaced drilling, underscore the potential to significantly grow the gold-in-oxide inventory and enhance the already robust economics outlined in the recent PFS.

With ongoing exploration across multiple targets, Cabral Gold is well-positioned to unlock the full potential of this prolific gold district. The company's strong technical team, strategic land position, and proven track record of discovery provide a solid foundation for continued success.

For investors seeking exposure to a high-quality gold exploration and development story, Cabral Gold presents a compelling opportunity. With a growing resource base, district-scale potential, and a clear path to value creation, the company is poised to emerge as a key player in Brazil's gold sector. As Cabral continues to advance Cuiú Cuiú and build upon its recent achievements, shareholders can look forward to an exciting journey of discovery and value creation in the coming months and years.

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