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Cabral Gold Drills New Mineralized Vein at Indio and Continues to Expand Machichie Zone at the Cuiú Cuiú District, Brazil
Vancouver, British Columbia--(Newsfile Corp. - March 31, 2021) - Cabral Gold Inc.  (TSX...
About this update from Cabral Gold, Inc.
[{"type":"text","content":"Cabral Gold Drills New Mineralized Vein at Indio and Continues to Expand Machichie Zone at the Cuiú Cuiú District, BrazilVancouver, British Columbia--(Newsfile Corp. - March 31, 2021) - Cabral Gold Inc. (TSXV: CBR) (OTC Pink: CBGZF) (\"Cabral\" or the \"Company\") is pleased to provide initial assay results from reconnaissance RC drilling at the previously untested Indio target and assay results from follow-up RC drilling at the Machichie target within the Cuiú Cuiú gold district in northern Brazil.Highlights are as follows;Assay results from five initial reconnaissance RC holes at the previously untested Indio target include 4m @ 2.5 g/t gold including 1m @ 8.7 g/t gold in hole 71. Hole RC72 intersected 5m @ 2.6 g/t gold including 2m @ 5.7 g/t gold. Initial drilling suggests the presence of a previously unknown high-grade vein which will require further drilling Additional RC drill assay results were returned from follow-up drilling at the Machichie target where recent drilling returned 34m @ 5.4 g/t gold. These include 8m @ 1.3 g/t gold including 2m @ 4.0 g/t gold from the eastern extension to the zone and 5m @ 1.4 g/t gold including 1m @ 4.7 g/t gold in the western part of the Machichie zone. In addition, assay results are pending on several holes from the Hamilton Novo and Maranhao West high-grade vein targets, located south of MachichieReconnaissance RC drilling was recently completed at the JM target, and assay results are pending. Drilling is now in progress at the JN target where surface channel sampling returned 5.3m @ 24 g/t gold Infill diamond drilling is also in progress following up high-grade portions of the MG gold deposit and assay results are pending on several holesAlan Carter, Cabral's President and CEO commented, \"The initial results from the previously untested Indio target are highly encouraging and suggest the presence of another high-grade mineralized structure at Cuiú Cuiú with continuity of high-grade. Further drilling will be required at Indio. At Machichie, additional follow-up drilling continues to expand the mineralized zone to the east and west and confirms the presence of a mineralized system that is very similar to the MG gold deposit located 500m to the south. We look forward to the results of recent and ongoing drilling at the high-grade portions of the ...