Cabral Gold Inc. (TSX.V: CBR)
Reported assay results from two diamond-drill holes testing the MG gold deposit within the Cuiú Cuiú gold district in northern Brazil.
The highlight was 2.6m @ 28.9 g/t gold within the primary hard-rock MG gold deposit from 117.5m, including 1.0m @ 64.6 g/t gold from 119.1m. […]
|Cabral Gold||TSX.V : CBR|
|Market cap||C$64 m @ 45c|
|Location||Cuiú Cuiú , Tapajos, Para State, Brazil|
Cabral Gold Drills More Bonanza Grades at MG, including 2.6m @ 28.9g/t Gold and 1.6m @ 32.8g/t Gold, within the Cuiú Cuiú Gold District
Vancouver, British Columbia – March 10, 2022 – Cabral Gold Inc. (“Cabral” or the “Company”) (TSX.V: CBR) is pleased to provide assay results from two diamond-drill holes testing the MG gold deposit within the Cuiú Cuiú gold district in northern Brazil.
Highlights are as follows:
- DDH271 intersected2.6m @ 28.9 g/t gold within the primary hard-rock MG gold deposit from 117.5m, including1.0m @ 64.6 g/t gold from 119.1m. The hole cut a second high-grade interval further down the hole that returned1.6m @ 32.8 g/t goldfrom 169.2m, including0.6m @ 86.1 g/t gold
- DDH271 also encountered significant lower grade gold mineralization within overlying unconsolidated sediments that comprise the gold-in-oxide blanket, returning25.0m @ 0.6 g/t goldfrom surface
- DDH270 intersected10.2m @ 0.6 g/t goldfrom 93.5m depth,2.4m @ 1.3 g/t goldfrom 135.7m and7.3m @ 1.7 g/t goldfrom 164.3m all within the primary hard-rock MG gold deposit. DDH270 also cut33.6m @ 0.3 g/t goldfrom surface within the overlying gold-in-oxide blanket
Cabral Gold management comments
“These spectacular drill results from the primary MG gold deposit at Cuiú Cuiú continue to define a significant central high-grade core to the primary hard-rock MG gold deposit.
“That core is showing greater lateral continuity and extent than previously thought and remains open at depth and along strike.
“Such bonanza results continue to support the Company’s thesis that there are significant high-grade zones within the current low-grade bulk tonnage resource at Cuiú Cuiú that can be identified and delineated with additional drilling”.
Alan Carter, Cabral Gold President and CEO
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