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Cabral Gold Drills 46m @ 1.3 g/t gold and Defines Higher Grade Zone within the Gold-in-Oxide Blanket at the MG Target, Cuiú Cuiú District, Brazil
Vancouver, British Columbia--(Newsfile Corp. - November 24, 2021) - Cabral Gold Inc.  (...
About this update from Cabral Gold, Inc.
[{"type":"text","content":"Cabral Gold Drills 46m @ 1.3 g/t gold and Defines Higher Grade Zone within the Gold-in-Oxide Blanket at the MG Target, Cuiú Cuiú District, BrazilVancouver, British Columbia--(Newsfile Corp. - November 24, 2021) - Cabral Gold Inc. (TSXV: CBR) (OTC: CBGZF) (\"Cabral\" or the \"Company\") is pleased to provide assay results from an additional 20 RC holes at the MG gold-in-oxide blanket at the Cuiú Cuiú gold district in northern Brazil.Highlights are as follows:Recent RC drilling at the MG gold-in-oxide blanket has defined a zone of higher grade gold mineralization extending at least 700m E-W. It directly overlies the underlying primary gold deposit in granitic rocks at MGResults have been received from 20 additional RC drill holes. These were designed to further test the extent and continuity of the MG gold-in-oxide blanket which overlies the primary MG gold deposit. Results include; 46m @ 1.3 g/t gold, 47m @ 0.7 g/t gold, 48m @ 0.5 g/t gold, 16m @ 1.2 g/t gold, 20m @ 0.8 g/t gold, and 14m @ 0.9 g/t gold These RC drill results from the MG gold-in-oxide blanket have increased the surface area of the blanket by a further 11% to 40 hectares. This represents a 100% increase to the initial estimated size of 20 hectaresThe gold-in-oxide blanket remains open in several directions and drilling of the higher-grade portions of the underlying MG primary gold deposit is in progress. Drilling is also in progress at the Central gold deposit and the PDM targetAlan Carter, Cabral's President and CEO commented, \"These RC drill results indicate that the recently identified gold-in-oxide blanket at MG contains a significant core of higher-grade gold mineralization and provide further evidence that we have a significant new discovery on our hands. The fact that it is located at surface within unconsolidated, oxidized soil and sediments would suggest that it is likely to be very important in terms of the overall economic viability of the Cuiú Cuiú gold district. We look forward to receiving additional RC results from MG and the results of the recently announced metallurgical work, as well as diamond drill results from the primary gold deposits at MG and Central, and drill results from the PDM and Alonso targets\".MG Gold-in-Oxide Blanket RC Drilling Following the discovery of an extensive gold-in-oxide blan...