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Cabral Drills 5.6m @ 13.0 g/t Gold at Cuiú Cuiú and Confirms Continuity of High-Grade Zones at MG
Vancouver, British Columbia--(Newsfile Corp. - January 20, 2020) - Cabral Gold Inc. (TSXV: ...
About this update from Cabral Gold, Inc.
[{"type":"text","content":"Cabral Drills 5.6m @ 13.0 g/t Gold at Cuiú Cuiú and Confirms Continuity of High-Grade Zones at MGVancouver, British Columbia--(Newsfile Corp. - January 20, 2020) - Cabral Gold Inc. (TSXV: CBR) (\"Cabral\" or the \"Company\") is pleased to provide results from an additional four diamond drill holes from the Phase II drilling program at the Cuiú Cuiú Project, which was designed to test the continuity of high-grade zones within the MG (Moreira Gomes) deposit. HighlightsDrill hole 202-19 was designed to test the continuity of high-grade mineralization at the MG deposit and returned 14.2m @ 6.7 g/t gold from 109.4m depth including 5.6m @ 13.0 g/t gold from 109.4m and 0.9m @ 22.4 g/t gold from 121.3m depthDrill hole 202-19 was drilled 50m west of hole 199-19 which recently returned 16.9m @ 9.6 g/t gold including 7.6m @ 18.5 g/t gold and also tested the up-dip continuity of mineralization previously intersected in hole 50-09 which had returned 35m @ 2.0 g/t gold including 0.5m @ 13.5 g/t and 1.1m @ 6.6g//t goldDrill hole 201-19 intersected 7.8m @ 4.7 g/t gold including 0.6m @ 48.5 g/t gold. It was designed to test the up-dip continuity of high-grade mineralization encountered in the eastern-most high-grade target within the MG deposit, above historic hole 79-10, which returned 16.8m @ 5.0 g/t gold including 1.0m @ 56.0 g/t gold and 1m @ 11.6 g/t goldThese Phase II drill results confirm that the high-grade gold mineralization is continuous down-dip and along strike in at least two of three high-grade zones tested in the recent Phase II program at MGAlan Carter, President & CEO stated:\"These recent drill results from the MG deposit confirm our hypothesis that extensive low-grade mineralization at Cuiú Cuiú surrounds high-grade gold mineralization which is continuous down-dip and along strike in several areas. This represents a step change in our understanding regarding the distribution of gold mineralization and may explain why Cuiú Cuiú produced so much placer gold during the Tapajos gold rush from 1978 to 1995.\"BackgroundGold mineralization at Cuiú Cuiú occurs within broad deformed and altered mineralized corridors within granitic rocks. Within these broad zones, distinctive, narrower higher-grade structural zones occur. Historic drill programs completed between 2008 and 2012 were...