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Cabral Gold Drills 6m @ 13.3 g/t Gold in Step-Out Hole at the Machichie NE Target, Cuiú Cuiú Gold District, Brazil
Vancouver, British Columbia--(Newsfile Corp. - July 25, 2024) - Cabral Gold Inc. (TSXV: CBR...
About this update from Cabral Gold, Inc.
[{"type":"text","content":"\nCabral Gold Drills 6m @ 13.3 g/t Gold in Step-Out Hole at the Machichie NE Target, Cuiú Cuiú Gold District, BrazilVancouver, British Columbia--(Newsfile Corp. - July 25, 2024) - Cabral Gold Inc. (TSXV: CBR) (OTC Pink: CBGZF) (\"Cabral\" or the \"Company\") is pleased to announce drill results from six additional follow-up RC holes at the Machichie NE target, Cuiú Cuiú Gold District, Brazil where recent drilling returned 11m @ 33 g/t gold.HighlightsRC0449 returned 6m @ 13.3 g/t gold from 79m depth in hard rock including 1m @ 77.5 g/t gold from 79m depth. This hole is a step-out hole from RC421 which was previously reported and intersected 11m @ 33.0 g/t gold from including 4m @ 89.3 g/t goldThe high-grade intercept in RC0449 is believed to be the extension of the mineralized zone intersected in RC0421. RC0449 was collared 50m east of RC0421. This mineralized zone remains open in all directions and at depth RC0451 returned 5m @ 2.2 g/t gold from 19m depth in saprolite and also 16m @ 0.36 g/t gold from surface in overlying blanket soils and sedimentsRC0453 returned 30m @ 0.55 g/t gold from 15m depth in blanket sediments and saprolite and 18m @ 0.33 g/t gold from 51.0m depth in saprolite. RC0450 returned 12m @ 0.61 g/t gold from 1m depth and 3m @ 2.4 g/t gold from 25.0m depth in saprolite, which along with RC0451 and RC0453 indicates the presence of significant gold-in-oxide mineralization in the saprolite at Machichie NEAlan Carter, Cabral's President and CEO commented, \"These follow up drill results are part of an ongoing follow-up drill program at Machichie NE aimed at determining the continuity and extent of the high-grade mineralized zone recently intersected in RC0421 which returned 11m @ 33.0 g/t gold including 4m @ 89.3 g/t gold. The results from RC0449 clearly indicate continuity of the high-grade zone to the east and the zone remains open in all directions and at depth. These results also reveal the presence of lower grade gold mineralization in near surface saprolite material at Machichie NE particularly to the southeast. This again has positive implications regarding the potential for adding near-surface oxide resources at Machichie NE. These latest results continue to suggest that we have made a significant new gold discovery at Machichie NE within the Cuiú Cuiú Gold District. ...