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| Cabral Gold | TSX.V : CBR |
| Stage | Exploration |
| Metals | Gold |
| Market cap | C$42.5 m @ 30.5c |
| Location | Cuiú Cuiú , Tapajos, Para State, Brazil |
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Cabral Gold map (figure 1)
Figure 1: Map showing the location of the Central and MG gold deposits, the recent discoveries at PDM and Machichie, the three oxide blankets and the new Machichie West area. Other key gold targets are shown as yellow circles.
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Cabral Gold Identifies New Area of Extensive Gold Mineralization
West of Machichie Main Zone, Cuiú Cuiú Gold District
- Trench CT0049 returned 96.5m @ 0.6 g/t gold including;
- 7.7m @ 5.8 g/t gold, including 0.5m @ 77.3 g/t gold
- 1.1m @ 5.4 g/t gold, including 0.5m @ 11.6 g/t gold
- Trench CT0045 returned 138m @ 0.5 g/t gold including three distinct higher-grade zones:
- 8m @ 1.5 g/t gold
- 15m @ 1.7 g/t gold
- 2m @ 8.9 g/t gold
- All of the Machichie West trenches encountered gold mineralization in weathered bedrock, and cut multiple mineralized structures within a 500m x 300m area indicating the presence of a large new mineralized area on the western side of the east-trending Machichie Main zone
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“These recent trench results are highly significant for three reasons.“Firstly, they indicate that the east-trending Machichie Main zone can be traced for at least 350m west of previous drilling, significantly increasing the strike extent, and in particular extending the high-grade zone previously identified in recent trenching. The Machichie Main zone remains open to the west.“Secondly, and perhaps more importantly, these results suggest the presence of a large new mineralized body in intrusive rocks comprising a swarm or array of numerous gold-bearing quartz veins and veinlets.“Trenching suggests that this new zone is northeast-trending parallel to the general trend of the veins. The array extends over an area of at least 500 x 300m, and includes the previously identified Machichie SW veins. This mineralized area remains open in every direction.“Finally, the trenching program suggests a significant amount of oxide material has likely resulted from the weathering of this new mineralized zone which should add to the overall inventory of gold-in-oxide mineralization, which already includes three gold-in-oxide blankets discovered thus far at Cuiú Cuiú”.
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.If you need clarification of any information contained in this note, or have any questions, I will be delighted to assist – Please email andrew@city-investors-circle.com
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Disclosure
At the time of writing the author does not hold shares in Cabral Gold.
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