Cabral Gold Trenches 20m @ 3.6 g/t Gold at Machichie
Cabral Gold Inc. (TSX.V: CBR)
Released assay results from two surface trenches and eight reverse circulation drill holes at the Machichie Main gold deposit within the Cuiu Cuiu gold district, Brazil.
Surface trench CT051 at Cuiu Cuiu returned 20 metres of 3.6 grams per tonne gold, including four metres of 15.7 g/t gold in gold-in-oxide material at surface.
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Cabral Gold | TSX.V : CBR | |
Stage | Exploration | |
Metals | Gold | |
Market cap | C$69 m @ 32.5c | |
Location | Tapajos, Para State, Brazil | |
Website | www.cabralgold.com |
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CABRAL GOLD TRENCHES 20M @ 3.6 G/T GOLD ON SURFACE AT THE MACHICHIE MAIN GOLD DEPOSIT, CUIU CUIU GOLD DISTRICT, BRAZIL
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Cabral Gold Inc. (TSX.V: CBR) has released assay results from two surface trenches and eight reverse circulation drill holes at the Machichie Main gold deposit within the Cuiu Cuiu gold district, Brazil.
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Highlights:
- Surface trench CT051 at the Machichie Main gold deposit at Cuiu Cuiu returned 20 metres of 3.6 grams per tonne gold, including four metres of 15.7 g/t gold in gold-in-oxide material at surface. The mineralized interval within the trench is open to the north and south. These results confirm the presence of significant higher-grade mineralization within the near-surface gold-in-oxide material at the Machichie Main deposit.
- Surface trench CT052, developed 150 m west of trench CT051, also returned seven m of 0.8 g/t gold. The mineralized interval is again open to the north and south.
- Reverse circulation drill results from Machichie Main include:
- Four m of 3.9 g/t gold from 36-metre depth including one m of 10.6 g/t gold in RC497;
- Four m of 3.1 g/t gold from 41-metre depth including one m of 10.6 g/t gold in RC496;
- Seven m of 1.5 g/t gold from 64-metre depth in RC494;
- Seven m of 1.2 g/t gold from 78-metre depth in RC495;
- One m of 9.9 g/t gold from 26-metre depth and one m of 7.3 g/t gold from 37-metre depth in RC503;
- All of these intercepts were in fresh rock intrusive material below the near-surface gold-in-oxide material.
- Results thus far from the trenches and initial drill holes confirm continuity and grade of the Machichie mineralization along strike and at depth.
- Samples from the trenches are in the process of metallurgical testing to characterize the Machichie oxide zone.
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Alan Carter, Cabral’s president and chief executive officer, commented:
“The current drilling and trenching program at Machichie Main is aimed primarily at upgrading the inferred resource base within the near-surface gold-in-oxide zone to indicated resources.
“These results confirm the presence of significant grades, both within the near-surface gold-in-oxide material, which comprises mineralized blanket sediments and saprolite (weathered bedrock), as well as the underlying fresh primary intrusive material at Machichie Main.
“The trench results in particular are significant because they confirm the presence of excellent grades within gold-in-oxide material at surface.
“This bodes very well for our efforts to upgrade the inferred resources at Machichie Main as we work towards updating the results from the PFS study on an initial heap-leach starter operation previously released in October, 2024.”
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To read the full news release, please click HERE
To View Cabral Gold’s historical news, please click here
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Disclosure
At the time of writing the author holds no shares in Cabral Gold.
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