Cabral Gold 13m @ 4.6 g/t Gold at Cuiú Cuiú

Cabral Gold Inc. (TSX.V: CBR)

Provided assay results from nine additional RC holes drilled to test the recently identified gold-in-oxide blanket at the PDM target within the Cuiú Cuiú Gold District, northern Brazil.

Intercepts included 13.0m @ 4.6 g/t gold from 25.0m in oxide material, including 1.0m @ 49.2 g/t gold.

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Cabral Gold	TSX.V : CBR
Stage	Exploration
Metals	Gold
Market cap	C$39 m @ 25.5c
Location	Cuiú Cuiú , Tapajos, Para State, Brazil

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Cabral Gold excavator

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Cabral Gold Drills 13.0m @ 4.6 g/t Gold Including 1.0m @ 49.2 g/t Gold within Gold-in-Oxide Blanket at the PDM Target, Cuiú Cuiú District

21st July 2022

Vancouver, British Columbia–(Newsfile Corp. – July 21, 2022) –Cabral Gold Inc. (TSXV: CBR) (OTC PINK: CBGZF) (“Cabral” or the“Company“) is pleased to provide assay results from nine additional RC holes drilled to test the recently identified gold-in-oxide blanket at the PDM target within the Cuiú Cuiú Gold District, northern Brazil.

Highlights are as follows:

RC310 returned the following mineralized intervals:
- 13.0m @ 0.3 g/t goldfrom surface in oxidized and weathered material
- 13.0m @ 4.6 g/t goldfrom 25.0m in oxide material,including 1.0m @ 49.2 g/t goldfrom 34.0m

RC313 returned17.0m @ 1.1 g/t goldfrom surface in oxidized and weathered material

Other significant drill results from oxidized and weathered material at PDM include;
- RC309:33.0m @ 0.4 g/t goldfrom surface including10.0m @ 0.8 g/t goldfrom 23.0m
- RC308:27.0m @ 0.4 g/t goldfrom surface
- RC307:15.0m @ 0.4 g/t goldfrom surface
- RC311:11.0m @ 0.4 g/t goldfrom surface
- RC314:15.0m @ 0.4 g/t goldfrom surface

Cabral Gold Management comments

“These latest RC results from the PDM target further demonstrate the presence of a higher-grade core within the unconsolidated oxide blanket, but perhaps more importantly they indicate the possible presence of a second primary mineralized zone in the underlying basement granitic rocks.

“This may be sub-parallel to the zone of primary gold mineralization previously identified below the oxide blanket, and announced just a few months ago.

“These results lend further credence to the notion that PDM, like Machichie, is a significant new discovery which will require further drilling.”

Alan Carter, Cabral Gold President and CEO

PDM RC Drill Results

The PDM (Pau de Merenda) target is located 2.5km NW of the Central gold deposit at Cuiú Cuiú (Figure 1) within a prominent northwest-trending gold-in-soil anomaly and co-incident magnetic low, which have been traced for over 5km along strike. Within this anomaly, referred to as the Central Trend, occur the Central gold deposit, Central SE target, Central North target, Mutum target and PDM target.

Figure 1: Map showing the location of the Central and MG gold deposits, the PDM (Pau de Merenda) and Machichie gold targets, and other key gold targets (yellow circles) within the the Cuiú Cuiú district

To view an enhanced version of Figure 1, please visit here

The gold-in-oxide blanket at PDM was initially identified in August 2021 (see press release dated August 10, 2021), and a program of diamond drilling which was initiated in late 2021 subsequently identified an underlying zone of primary gold mineralization in the unweathered granitic basement rocks similar to that at MG and Central.

Results from the initial diamond-drill holes in unweathered granitic basement rocks beneath the gold-in-oxide blanket at PDM included22.4m @ 4.8 g/t,including1.35m @ 62.0 g/t goldin DDH238;11.9m @ 3.3 g/tgoldincluding0.5m @ 16.1 g/t goldand1.2m @ 16.0 g/t goldin DDH239; and18.0m @ 2.5 g/tgoldfrom 92.0m, including3.0m @ 10.5 g/t goldin DDH275.

These diamond-drill results define a northwest-trending zone of primary gold mineralization in the granitic rocks directly underlying the PDM oxide blanket.

The current RC drilling program at PDM has been designed to further define the limits of a higher-grade core within the overlying gold-in-oxide blanket, and has confirmed the presence of this higher-grade core area.

Other significant drill results within the gold-in-oxide blanket at PDM include;

RC309:33.0m @ 0.4 g/t goldfrom surface, including10.0m @ 0.8 g/t goldfrom 23.0m
- RC308:27.0m @ 0.4 g/t goldfrom surface
- RC307:15.0m @ 0.4 g/t goldfrom surface
- RC311:11.0m @ 0.4 g/t goldfrom surface
- RC314:15.0m @ 0.4 g/t goldfrom surface

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Drilling and Trenching Update

Results are pending on 12 diamond-drill holes at MG.

Results for 30 RC holes are also pending at PDM.

Results are pending on 14 follow-up diamond-drill holes at Machichie and 12 trenches totaling 443m.

Results are pending on 6 diamond-drill holes at the Indio target and additional drilling is planned.

About Cabral Gold Inc.

The Company is a junior resource company engaged in the identification, exploration and development of mineral properties, with a primary focus on gold properties located in Brazil.

The Company has a 100% interest in the Cuiú Cuiú gold district located in the Tapajós Region, within the state of Pará in northern Brazil. Two gold deposits have so far been defined at Cuiú Cuiú and contain 43-101 compliant Indicated resources of 5.9Mt @ 0.90 g/t (200,000 oz) and Inferred resources of 19.5Mt @ 1.24 g/t (800,000 oz).

The Tapajós Gold Province is the site of the largest gold rush in Brazil’s history producing an estimated 30 to 50 million ounces of placer gold between 1978 and 1995.

Cuiú Cuiú was the largest area of placer workings in the Tapajós and produced an estimated 2Moz of placer gold historically.

Corporate Logo

For brevity, this summary has been redacted, to read the full news release, please click HERE

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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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City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

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=======

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This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form. Always consult an investment professional.

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To read our full terms and conditions, please click HERE

Cabral Gold Drills 9.6m @ 16.4 g/t Gold at Cuiú Cuiú

Cabral Gold (TSX.V: CBR)

Provided assay results from three diamond-drill holes on two sections in the southern part of the primary Central gold deposit within the Cuiú Cuiú Gold District, Para State, northern Brazil.

Hole DDH268 tested the emerging high-grade zone at Central on section N20870 and returned 9.6m @ 16.4 g/t gold from 164.3m [..]

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Cabral Gold – MG Deposit, Para state, Brazil

Cabral Gold Drills 9.6m @ 16.4 g/t Gold and Defines a High-grade Corridor at Central Gold Deposit, Cuiú Cuiú Gold District

3rd May 2022

Vancouver, British Columbia–(Newsfile Corp. – May 3, 2022) – Cabral Gold Inc. (TSXV: CBR) (OTC Pink: CBGZF) (“Cabral” or the “Company”)is pleased to provide assay results from three diamond-drill holes on two sections in the southern part of the primary Central gold deposit within the Cuiú Cuiú Gold District, northern Brazil.

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Highlights are as follows:

DDH268 tested the emerging high-grade zone at Central on section N20870 and returned the following mineralized intervals:

9.6m @ 16.4 g/t gold from 164.3m including 1.2m @ 112.0 g/t gold from 166.9m and 2.1m @ 11.5 g/t gold from 170.2m. This high-grade intercept occurs within fresh (unweathered), highly brecciated and altered basement intrusive rocks
17.5m @ 0.5 g/t gold from 76.4m, and 30.4m @ 1.1 g/t gold from 130.0m. These intercepts also occur within fresh, strongly brecciated and highly altered basement intrusive rocks

DDH267was drilled on section N20845 to test both the high-grade zone and the down-dip continuity of the deposit at Central. It returned the following mineralized intervals:

12.8m @ 1.0 g/t gold from 82.6m including 0.9m @ 8.1 g/t gold from 94.5m
17.5m @ 1.9 g/t gold from 149.5m, including 3.2m @ 5.3 g/t gold from 156.0m, and1.3m @ 5.9 g/t gold from 162.5m
5.5m @ 2.1 g/t gold from 189.0m including1.0m @ 6.6 g/t gold from 191.0m

DDH281was also drilled on section N20870 to define the northeastern limit of the mineralized zone at Central. It returned11.3m @ 0.7 g/t gold from surface in the overlying gold-in-oxide blanket. The blanket remains open to the northeast, and to the southwest on this section

Drilling suggests there is a distinct northwest-trending, steeply dipping, high-grade corridor that contains multiple individual high-grade zones. The corridor follows the southwestern margin of the Central deposit in this area. It has now been traced for over 100m along strike, appears to be over 25m wide, and remains open at depth below 350m

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Cabral Gold management comments

“These latest very high-grade drill results from Central lend further support to recent evidence from drilling that a high-grade corridor of mineralization exists within the core of the primary basement Central gold deposit.

“This high-grade zone has now been traced along strike for at least 100m and remains open to the northwest and southeast. Furthermore, it has been encountered in one of the deepest historic holes on the project, at 350m below surface.

“The high-grade zone is open down-dip on all of the sections in the corridor. We look forward to the results of the ongoing drill program at Central, as well as further results from the four other drill rigs which are currently active at the nearby MG, Machichie, PDM and Indio targets.”

Alan Carter, Cabral Gold President and CEO

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This news release has been abridged for brevity. To read the full news release, please click HERE

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If you need clarification of any information contained in this note, or have any questions about Cabral Gold, I will be delighted to assist – Please email andrew@city-investors-circle.com

=======

.

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

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=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form. Always consult an investment professional.

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To read our full terms and conditions, please click HERE

Cabral Gold Trenching returns 5m @ 8.3 g/t gold

Cabral Gold Inc. (TSX.V: CBR)

Provided assay results from several trenches recently excavated immediately west of the main Machichie target within the Cuiú Cuiú gold district in northern Brazil.

Highlights were Trench CT35A, located 285m west of the most westerly drill hole at the main E-W trending Machichie main zone, returned 5m @ 8.3 g/t gold including 1m @ 37.8 g/t gold. […]

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Cabral Gold	TSX.V : CBR
Stage	Exploration
Metals	Gold
Market cap	C$58 m @ 38c
Location	Para State, Brazil

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Cabral Gold Trenching Program Extends Machichie 285m to West and returns 5m @ 8.3 g/t gold, Cuiú Cuiú Gold District, Brazil

Vancouver,British Columbia – February 2, 2022 – Cabral Gold Inc. (“Cabral” or the “Company”) (TSXV: CBR) (OTC: CBGZF)is pleased to provide assay results from several trenches recently excavated immediately west of the main Machichie target within the Cuiú Cuiú golddistrict in northern Brazil.

Highlights are as follows:

Trench CT35A, located 285m west of the most westerly drill hole at the main E-W trending Machichie main zone, returned
5m @ 8.3 g/t gold
including 1m @ 37.8 g/t gold

The mineralization in CT35A is on strike and interpreted to represent the western extension of the E-W trending main Machichie mineralized structure. If proven correct, this would represent a 60% extension to the known mineralized zone at Machichie. This suggests that the Machichie main zone could extend for at least 800m along strike, whilst still being open to the west

Trench CT36 completed 100m to the NE of CT35A also returned encouraging results in a new parallel structure at Machichie, including:
0.6m @ 12.9 g/t gold,
1.5m @ 1.6 g/t gold, and
0.7 @ 1.1 g/t gold

Further trenching in both areas is in progress in advance of planned follow-up drilling

Cabral Gold management comments

“The results from recent trenching west of the main E-W trending Machichie mineralized zone suggest there could be a significant extension to the zone as we currently know it, indicating a possible 60% addition to the strike length of the known mineralized structure.

“Whilst further trenching is ongoing and drilling is planned, this is a major development in our efforts to determine the size and scope of the mineralized zones at Machichie, which is located just 500m north of the MG gold deposit.

“It also adds further support to previous drilling which identified numerous near-surface high-grade vein structures in this area of the Cuiú Cuiú property.

“With the existing two gold deposits at MG and Central, the recent discovery of three near-surface gold in oxide blankets, and a new hard-rock mineralized zone at the PDM target, Cuiú Cuiú is rapidly emerging as a significant gold district, containing multiple zones of near-surface gold mineralization, which are all located in close proximity.”

Alan Carter, Cabral Gold President and CEO.

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Machichie Trench Results

The Machichie target is located 500m north of the MG gold deposit (Figure 1).

It was initially discovered in 2019. Previous drilling at Machichie identified a persistent mineralized zone which is E-W trending, dips steeply to the north.

The main zone consists of a high-grade core zone surrounded by a low-grade alteration envelope. This is very similar to the style of primary bedrock gold deposits at MG and Central, as well as the recently announced PDM basement discovery (see press releases dated December 15, 2021 and January 12, 2022).

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Figure 1: Map showing the location of the Machichie target and the existing MG and Central gold primary gold deposits, as well as the recently identified gold-in-oxide blanket and underlying mineralized zone in hard rock at the PDM target within the Cuiú Cuiú district. Other key targets are shown as yellow circles.

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For brevity, this summary has been redacted, to read the full news release, please click HERE.

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City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

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=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form. Always consult an investment professional.

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To read our full terms and conditions, please click HERE

Cabral Gold Drills 55.1m @ 1.1 g/t gold at Cuiú Cuiú

Cabral Gold (TSX.V: CBR)

Reported assay results from an initial 12 RC drill holes and three diamond holes drilled within and above the Central gold deposit within the Cuiú Cuiú gold district in northern Brazil.

The Highlight was 55.1m @ 1.1 g/t gold including 5m @ 6.1 g/t gold. […]

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Cabral Gold	TSX.V : CBR
Stage	Exploration
Metals	Gold
Market cap	C$67 m @ 40c
Location	Para State, Brazil

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Cabral Gold excavator

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Cabral Gold Drills 55.1m @ 1.1 g/t gold including 5m @ 6.1 g/t gold, and Identifies a Third Gold-in-Oxide Blanket within Cuiú Cuiú Gold District

Vancouver, British Columbia – January 27, 2022 – Cabral Gold Inc. (“Cabral” or the “Company”) (TSX.V: CBR) (OTC: CBGZF) is pleased to provide assay results from an initial 12 RC drill holes and three diamond holes drilled within and above the Central gold deposit within the Cuiú Cuiú gold district in northern Brazil.

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Highlights are as follows:

DDH251, intersected gold-in-oxide mineralization at the Central deposit, and returned
55.1m @ 1.1 g/t gold from 4.9m depth
including 5m @ 6.1 g/t gold
and 15.5m @ 1.7 g/t gold from 65.8m depth
and 3.5m @ 0.8 g/t gold from 81.3m depth in un-weathered and highly brecciate and altered intrusive rocks beneath the oxidation

DDH247, also drilled at Central, returned 11.0m @ 0.7 g/t gold from surface, in gold-in-oxide blanket material, as well as 20.4m @ 0.5 g/t gold and 23.3m @ 0.3 g/t gold in un-weathered and highly brecciate and altered intrusive rocks further down the hole

Results on an initial 10 shallow RC holes drilled within and around the northern part of the Central deposit, revealed a thin but consistent gold-in-oxide blanket. Results of note include RC259 which returned 26m @ 0.4 g/t gold in oxidized material from surface

Cabral Gold Management comments

“The results from the initial drilling at the Central gold deposit clearly demonstrate that we have a significant zone of gold-in-oxide mineralization forming a blanket above the primary Central deposit.

“This is the third gold-in-oxide blanket identified at Cuiú Cuiú since the initial discovery at MG in April of last year, and these recent discoveries are in addition to the two existing hard-rock deposits with resources at Cuiú Cuiú.

“At this stage, we do not know the extent of the blanket or how much of this material at Central is in-situ weathered primary gold mineralization, and how much is transported cover material.

“Nevertheless, both types of material are expected to add significantly to the inventory of potentially leachable gold-in-oxide deposits recently identified at MG and PDM.

“Additional drilling over the next months is expected to further define the limits of the oxide material at Central, whilst providing further definition of the high-grade zones within the underlying primary deposit at Central.”

Alan Carter, Cabral Gold President and CEO

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For brevity, this summary has been redacted, to read the full news release, please click HERE

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=======

.

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form. Always consult an investment professional.

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To read our full terms and conditions, please click HERE

Cabral Gold Reviews Achievements and Objectives

Cabral Gold Inc. (TSX.V: CBR)

Provided a summary of successes achieved during 2021 at the Cuiú Cuiú gold district in Para State, northern Brazil, and outlined its plans for 2022.

Cabral is looking forward to continuing its aggressive exploration program in 2022 following encouraging drill results in December which included 22.4m @ 4.8 g/t gold. […]

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Cabral Gold	TSX.V : CBR
Stage	Exploration
Metals	Gold
Market cap	C$67 m @ 40c
Location	Para State, Brazil

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Cabral Gold excavator

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Cabral Gold Reviews 2021 Achievements and Outlines Plans for 2022 at Cuiú Cuiú Gold District, Brazil

6th January 2022

Vancouver, British Columbia–(Newsfile Corp. – January 6, 2022) –Cabral Gold Inc. (TSXV: CBR) (OTC: CBGZF) (“Cabral” or the“Company“) is pleased to provide a summary of successes achieved during 2021 at the Cuiú Cuiú golddistrict in northern Brazil, and outline its plans for 2022.

During 2021, Cabral’s ongoing drill program was primarily focused on defining the high-grade zones within the MG and Central gold deposits, but the Company also identified two new near surface gold-in-oxide blankets at MG and PDM, as well as a new high-grade mineralized zone in hard rock at PDM. The Company continued to drill test and expand other new target areas, such as Machichie, Machichie SW, Morro da Lua, and Indio. There are still some 39 other gold targets to test on the 36,000 ha Cuiú Cuiú property. Concurrent with the drill program Cabral continued its regional grassroots reconnaissance exploration in new areas of the district including stream- and soil-geochemical sampling and prospecting.

Based on positive initial results realized during early 2021, Cabral accelerated its drilling campaign. The Company started 2021 with two RC rigs and added a diamond rig in February and two more diamond rigs in July following the successful closing of a financing in July. A total of 25,359m of drilling was completed during the year, including 16,027m of RC drilling and 9,332m of diamond drilling. Assay results from 21 diamond-drill holes and 12 RC holes completed at MG, PDM, and Central were still pending at year end and will be released in the coming weeks.

Cabral is looking forward to continuing its aggressive exploration program in 2022 and is planning an expanded drill program at PDM following encouraging drill results in December which included 22.4m @ 4.8 g/t gold from the granitic rocks below the recently identified gold-in-oxide blanket. In addition, diamond drilling at the Central and MG gold deposits will continue with the objective of defining higher grade zones within both deposits, while testing for additional zones of mineralization. RC drilling will also continue testing the overburden above the Central gold deposit with the objective of identifying a third gold-in-oxide blanket.

Elsewhere additional drilling and trenching is planned at Machichie, and several regional targets including Tracaja, Indio, Dona Moca and the new Escondido target.

Figure 1: Topographic map showing the location of the MG and Central gold deposits (in red) and the outline of the recently discovered gold-in-oxide blankets at PDM and MG (in beige) as well as other key targets at Cuiú Cuiú. The outline of the historic placer gold workings are shown in pale yellow. MG and Central are the two deposits comprising the current project resource

To view an enhanced version of this graphic, please click HERE

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For brevity, this summary has been redacted, to read the full news release, please click HERE

.

=======

.

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form. Always consult an investment professional.

.

To read our full terms and conditions, please click HERE

Cabral Gold Drills 70.8m @ 1.0 g/t Gold at MG Gold

Cabral Gold Inc. (TSX.V: CBR)

Provided assay results from five diamond-drill holes completed at the MG gold-in-oxide blanket, and also results from reconnaissance drilling at the Alonso target within the Cuiú Cuiú gold district in northern Brazil.

Diamond-drill hole MET04 drilled at the gold-in-oxide blanket at MG returned 70.8m @ 1.0 g/t gold from surface, including 17.0m @ 3.3 g/t gold from 41.0m depth.

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Cabral Gold	TSX.V : CBR
Stage	Exploration
Metals	Gold
Market cap	C$57 m @ 40c
Location	Para State, Brazil

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Cabral Gold excavator

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Cabral Gold Drills 70.8m @ 1.0 g/t Gold at MG Gold-in-Oxide Blanket and Identifies New Gold Anomaly North of Alonso at Cuiú Cuiú Gold District, Brazil

Vancouver, British Columbia–(Newsfile Corp. – December 9, 2021) – Cabral Gold Inc. (TSXV: CBR) (OTC: CBGZF) (“Cabral” or the “Company“) is pleased to provide assay results from five diamond-drill holes completed at the MG gold-in-oxide blanket, and also results from reconnaissance drilling at the Alonso target within the Cuiú Cuiú gold district in northern Brazil.

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Highlights are as follows:

Reconnaissance stream-sediment sampling has identified a new gold anomaly in streams 750m NE of the Alonso target and 3.4km ESE of the MG gold deposit

The new anomaly has been named Escondido and is very similar to the geochemical and magnetic anomaly which define the MG gold deposit. Five recently completed reconnaissance drill holes at the Alonso target did not intercept any significant gold values of interest, suggesting that the primary source of the boulders is farther afield than previously anticipated, possibly the Escondido area

Diamond-drill hole MET04 drilled for metallurgical testing at the gold-in-oxide blanket at MG returned70.8m@ 1.0 g/t goldfrom surface, including17.0m @ 3.3 g/t goldfrom 41.0m depth. Similarly, diamond-drill hole MET05 returned43.6m @ 1.4g/t goldfrom surface

Diamond-drill hole MET03 also completed at the gold-in-oxide blanket at MG returned54.0m @ 0.7 g/t goldfrom surface, including21.8m @ 1.4 g/t gold,anddiamond-drill hole MET02 returned13m @ 0.9 g/t goldfrom surface and21.7m @ 0.8 g/t goldfrom 32.2m depth

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Cabral Gold management comments

“We are extremely pleased with the assay results received on the five metallurgical test diamond drill holes recently completed at the MG gold-in-oxide blanket and look forward to receiving the results of the metallurgical test work during the first quarter of 2022, which will be key to understanding the economic viability of the blanket mineralization.

“The diamond drill results from the Alonso target suggest that the high-grade boulders that we see on surface at Alonso are not derived from the immediate vicinity and may have been eroded from a source that is located further away than we previously anticipated.

“The identification of a major gold anomaly in streams which is coincident with a major E-W trending magnetic anomaly, 750m north-east of Alonso, opens up the possibility of a more distal source for the high-grade boulders.

“The fact that our exploration team continues to identify highly prospective targets in parallel with the drilling efforts is very encouraging and demonstrates the enormous potential of the Cuiú Cuiú gold district.

“Cuiú Cuiú is a district which contains 43 mainly high-grade targets outside the two known gold deposits with resources. Cabral currently has four rigs turning on three separate targets.”

Alan Carter, Cabral Gold President and CEO

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Alonso Area Diamond Drilling and Reconnaissance Exploration

The Alonso target is located approximately 3.4km SE of the MG gold deposit and is characterized by numerous high-grade mineralized boulders that were found on surface.

These boulders previously returned very high gold values of11.3 to 200.3 g/t gold(see press release dated February 11, 2020).

Figure 1: Map showing the location of the Alonso target and the major new Escondido gold anomaly in streams north-east of Alonso, as well as the MG and Central gold deposits and the overlying MG gold-in-oxide target, as well as the Pau de Merenda (PDM) gold-in-oxide blanket and other key targets within this part of the Cuiú Cuiú district

For brevity, this summary has been redacted, to read the full news release, please click HERE

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