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Cabral Gold Drills 22.4m @ 4.8 g/t gold including 1.35m @ 62.0 g/t gold Beneath Gold-in-Oxide Blanket at PDM Target, Cuiú Cuiú Gold District, Brazil
Vancouver, British Columbia--(Newsfile Corp. - December 15, 2021) - Cabral Gold Inc. (TSXV:...
About this update from Cabral Gold, Inc.
[{"type":"text","content":"Cabral Gold Drills 22.4m @ 4.8 g/t gold including 1.35m @ 62.0 g/t gold Beneath Gold-in-Oxide Blanket at PDM Target, Cuiú Cuiú Gold District, BrazilVancouver, British Columbia--(Newsfile Corp. - December 15, 2021) - Cabral Gold Inc. (TSXV: CBR) (OTC Pink: CBGZF) (\"Cabral\" or the \"Company\") is pleased to provide assay results from four diamond-drill holes completed at the PDM target beneath the recently identified gold-in-oxide blanket, within the Cuiú Cuiú gold district in northern Brazil. Highlights are as follows:Diamond-drill hole DDH238 drilled at the PDM target beneath the recently identified gold-in-oxide blanket returned 22.4m @ 4.8 g/t gold from 114.1m depth including 1.35m @ 62.0 g/t gold and 1.3m @ 9.5 g/t goldThe new mineralized zone extends at least 200m along strike, trends NW-SE and dips steeply to the SW. It is open in every direction and is 2.5km NW and along strike from the NW-SE trending Central gold depositThe current program of diamond drilling has confirmed that the PDM gold-in-oxide blanket is underlain by a significant zone of high-grade gold mineralization in the underlying granitic basement rocks Alan Carter, Cabral's President and CEO commented, \"When we first identified the second gold-in-oxide blanket at PDM in August of this year, we predicted that there would be a zone of primary gold mineralization in the granitic basement rocks underlying the blanket, similar to the situation that we have at the nearby MG gold deposit. This stunning high-grade intercept from DDH238 at PDM proves our original hypothesis. We now believe that the PDM gold-in-oxide blanket is underlain by a NW-trending zone of gold mineralization in the underlying granitic rocks which dips steeply to the SW and thus far extends for approximately 200m along strike. The mineralized zone at PDM remains open along strike and down dip and represents a significant new discovery within the Cuiú Cuiú gold district. It will require an aggressive program of follow up drilling. I would like to take this opportunity to congratulate our exploration team in Brazil on a brilliant new discovery.\"PDM Target Diamond Drill ResultsThe PDM (Pau de Merenda) target is located 2.5km NW of the Central gold deposit at Cuiú Cuiú (Figure 1). Following the identification of an extensive gold-in-oxide blanket at PDM ea...