Cabral Gold Drills 20.9m @ 4.2 g/t Au at Cuiú Cuiú

Cabral Gold Inc. (TSX.V: CBR)

Provided assay results from ten diamond-drill holes in the southern part of the Central gold deposit within the Cuiú Cuiú Gold District, northern Brazil.

The glory hole included 20.9m @ 4.2 g/t Au  […]  

 

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Cabral Gold TSX.V : CBR
Stage Exploration
Metals Gold
Market cap C$36 m   @ 24c
Location Cuiú Cuiú , Tapajos, Para State, Brazil

 

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Cabral Gold MG deposit

Cabral Gold – MG Deposit, Para state, Brazil.

 

 

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Cabral Gold Drills 20.9m @ 4.2 g/t Gold within Gold-in-Oxide Mineralization at the Central Gold Deposit, Cuiú Cuiú District

 

Vancouver, British Columbia–(Newsfile Corp. – July 7, 2022) – Cabral Gold Inc. (TSX.V: CBR) (OTC PINK: CBGZF) (“Cabral” or the Company“) is pleased to provide assay results from ten diamond-drill holes in the southern part of the Central gold deposit within the Cuiú Cuiú Gold District, northern Brazil.

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Highlights are as follows:

  • DDH306 drilled on Section N20895 returned the following mineralized intervals:
    • 20.9m @ 4.2 g/t gold from 23.1m in oxidized and weathered material, 2.0m @ 32.3 g/t gold from 35.0m and3.0m @ 4.8 g/t gold from 39.0m
    • 23.5m @ 1.7 g/t gold from 50.5m in oxide material, including 2.0m @ 17.0 g/t gold from 68.0m
    • 35m @ 1.2 g/t gold from 112.0m in fresh basement mineralization, including 1.7m @ 6.8 g/t gold from 121.0m

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      Cabral Gold management comments

      “These latest high-grade drill results from the Central gold deposit indicate that at least two, possibly three high-grade veins exist within the broader Central gold deposit.

       

      “These zones extend up to surface and have been weathered, resulting in high-grade oxide material, which is very similar to the situation at the MG gold-in-oxide blanket, where a higher-grade core sits directly above the underlying primary gold deposit.

       

      “These drill results imply the presence of more high-grade material at Central than previously thought in both the near surface oxide mineralization and the underlying primary basement gold deposit.”

      Alan Carter, Cabral Gold President and CEO

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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 does not hold shares in Cabral Gold.

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