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Cabral Drills More High-Grade Gold at the Central Zone at Cuiu Cuiu
Vancouver, British Columbia--(Newsfile Corp. - February 5, 2020) - Cabral Gold Inc.  (T...
About this update from Cabral Gold, Inc.
[{"type":"text","content":"Cabral Drills More High-Grade Gold at the Central Zone at Cuiu CuiuVancouver, British Columbia--(Newsfile Corp. - February 5, 2020) - Cabral Gold Inc. (TSXV: CBR) (\"Cabral\" or the \"Company\") is pleased to provide additional drill results from the Phase II diamond drilling program at the Cuiú Cuiú Project. The program was designed to test the continuity of high-grade zones at both the MG (Moreira Gomes) and Central gold deposits. These results are from four holes at the Central deposit where historic drilling returned 34 separate drill intercepts (41 samples) above 10g/t gold, including 12 assays over 1oz/t gold.HighlightsDrill hole 204-19 was designed to test the continuity of high-grade mineralization within the northern part of the Central deposit and returned 17.3m @ 2.1 g/t gold from 128.5m depth including 6.0m @ 4.9 g/t gold from 130.5mDrill hole 205-19 intersected an upper and a lower mineralized zone and returned 39.6m @ 1.3 g/t gold from 126.6m including 3.6m @ 6.0 g/t gold and 2m @ 5.0 g/t gold. The lower mineralized zone returned 62.6m @ 0.8 g/t gold from 187.4m depth including 0.7m @ 10.7 g/t gold, 2.8m @ 5.4 g/t and 0.5m @ 12.0 g/t gold Drill hole 206-19 intersected 38.5m @ 1.5 g/t gold including 1.5m @ 6.0 g/t and 1.6m @ 8.6 g/t gold. Alan Carter, President & CEO stated, \"These recent drill results from the Central deposit at add to the recent results from the nearby MG zone, which confirmed that high-grade mineralization is continuous at depth and along strike. These results suggest that the same is likely to be true at Central, which is highly encouraging as we work towards defining a high-grade resource on the project.\"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 designed to identify bulk-tonnage resources amenable to large-scale open-pit exploitation. As a result, very little attention was directed towards following up the many higher-grade intervals encountered in those programs (of the 180 historic holes completed from 2008 - 2012, a total of 60 intercepts returned values of greater than 10 g/t gold (see press release dated April 29, 2019)....