Cabral Gold (TSX.V: CBR)
Announced drill results from a further eight RC holes from the Central gold deposit located within the Cuiú Cuiú gold district in northern Brazil.
The highlight was hole RC368 which returned 10m @ 10.5 g/t gold from 67m in fresh rock.
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Cabral Gold pit at Cuiú Cuiú
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| Cabral Gold | TSX.V : CBR |
| Stage | Exploration |
| Metals | Gold |
| Market cap | C$35 m @ 19c |
| Location | Cuiú Cuiú , Tapajos, Para State, Brazil |
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Cabral Gold Drills 10m @ 10.5 g/t Gold Including 1m @ 63.6 g/t Gold at the Central Gold Deposit, Cuiú Cuiú Gold District, Brazil
Vancouver, British Columbia–(Newsfile Corp. – January 11, 2024) – Cabral Gold Inc. (TSXV: CBR) (OTC Pink: CBGZF) (“Cabral” or the “Company“) is pleased to announce drill results from a further eight RC holes from the Central gold deposit located within the Cuiú Cuiú gold district in northern Brazil.
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Highlights
- RC368 returned 10m @ 10.5 g/t gold from 67m in fresh rock, including 1m @ 63.6 g/t gold and 1m @ 28.3 g/t gold. The hole ended in mineralized material grading 1 g/t gold.
- RC384 returned 23m @ 0.9 g/t gold from 4m in saprolite.
- RC385 returned 13m @ 0.7 g/t gold from 3m depth, 6m @ 1.4 g/t gold from 44m depth and 4m @ 2.7 g/t gold from 59m. All three holes are in saprolite.
- Drill results are pending on 13 RC holes from the Central deposit, and nine shallow power-auger holes testing the MG deposit and 21 RC holes from the Machichie target.
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Alan Carter, Cabral’s President and CEO, commented,
“The recent results from Central and in particular hole RC368 continue to confirm the presence of near-surface high-grade material.
“The bonanza mineralized zone intersected in hole RC368 is the same zone cut in DDH306 which previously returned 20.9m @ 4.2 g/t gold in saprolite, and should have a positive impact on the near surface resource base in this part of the Central deposit.”
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To read the full news release, please click HERE
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Disclosure
At the time of writing the author holds no hares in Cabral Gold.
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